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Will binance end the SXP coin an use BNB instead

for transaction burn?

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The utility of sxp for fee's is still the case, sxp is used

Luke
The utility of sxp for fee's is still the case, sx...

So as I understand, sxp token will be used as the fee for binance card platform (swipe company), as well as in the solar blockchain, is that correct sir?

Luke
Yes

Cool, but why can’t I see any news from Binance about the new card platform and SXP token use case?

Luke
Yes

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Luke
Yes

Binance now own Swipe the company, fully. SXP is now Solar (previously swipechain). SXP will now be it's own community project + will be used for utility fees on swipe.io eg cards

Luke
Yes

Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290

Sơn Nguyễn
Cool, but why can’t I see any news from Binance ab...

Please see above, even Binance lately shared a post about that. ☝️

Ally
Please see above, even Binance lately shared a pos...

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Ok 👍. I’m understanding now. So the solar existed before swipe and the solar community decided to acquire swipe and integrate it into its systems?

Baykuş Kuşu
Ok 👍. I’m understanding now. So the solar existed ...

No. Swipe exists as a company and they company was sold. The Token is different.

Luke
No. Swipe exists as a company and they company was...

So the company was dissolved into binance and the SXP token was absorbed into the new solar system?

Luke
No. Swipe exists as a company and they company was...

Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290

Luke
No. Swipe exists as a company and they company was...

Binance now own Swipe the company, fully. SXP is now Solar (previously swipechain). SXP will now be it's own community project + will be used for utility fees on swipe.io eg cards

Luke
No. Swipe exists as a company and they company was...

Note: This is a temporary bot message to assist with high volumes of queries. Moderators are still available.

Baykuş Kuşu
So the company was dissolved into binance and the ...

Close. Swipe is still it's own company but Binance own it. Sxp is different.

Baykuş Kuşu
So the company was dissolved into binance and the ...

Note: This is a temporary bot message to assist with high volumes of queries. Moderators are still available.

Baykuş Kuşu
So the company was dissolved into binance and the ...

Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290

Baykuş Kuşu
So the company was dissolved into binance and the ...

Binance now own Swipe the company, fully. SXP is now Solar (previously swipechain). SXP will now be it's own community project + will be used for utility fees on swipe.io eg cards

You would contact Swipe owned now by Binance and could pay with sxp yes

Luke
You would contact Swipe owned now by Binance and c...

Hi luke, if understand this correct. Eventhough majority of the shares of sxp are owned by binance. Binance continues to take fees in sxp and st the same time solar also uses sxp. Is that right? In that case binance is still having majority stake in solar blockchain right as they own majority sxp shares?

Luke
You would contact Swipe owned now by Binance and c...

Did you know that you can use the /staking command to view platforms where you can stake your SXP?

Luke
Fee's yes

Ok fees is yes. Then binance acquires majority of sxp which means solar also right? Can you please explain this part as it is more confusing

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