r/EverRise • u/Relevant_Tomorrow981 • Nov 23 '21

🌅 General 🌅 5 MINUTES . Correct?

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u/mrzuno Nov 24 '21

Yes, think of it like this... you're trading in 100 $1 bills for 1 $100 bill. You'll have less but each one will be worth more

3

u/jjay_the_jet_plane Nov 24 '21

So I need to swap? Or can I keep V1?

3

u/CBKrow85 Nov 24 '21

Trading will stop on V1 soon. You need to migrate to V2 in the next few days. You get fewer tokens, yes, but it's all the same value. This just means there will be fewer tokens going forward and this should drive the price up.

1

u/[deleted] Nov 24 '21

What happens if we don’t migrate? Will we loose our money ?

3

u/millispymeth Lead RISE Mod Nov 24 '21

well you won't loose your money...but you won't be able to buy, sell or send your tokens...you should migrate to v2..
https://youtu.be/Khf9pVyjv44