The utility of sxp for fee's is still the case, sxp is used
If that works I think SXP will boom
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?
Cool, but why can’t I see any news from Binance about the new card platform and SXP token use case?
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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
Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290
Please see above, even Binance lately shared a post about that. ☝️
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https://t.me/solar
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?
No. Swipe exists as a company and they company was sold. The Token is different.
So the company was dissolved into binance and the SXP token was absorbed into the new solar system?
Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290
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
Note: This is a temporary bot message to assist with high volumes of queries. Moderators are still available.
Close. Swipe is still it's own company but Binance own it. Sxp is different.
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Binance to Acquire Outstanding Shares in Swipe https://www.binance.com/en/support/announcement/efa96d9a856f4620b2fa6e372edbe290
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
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?
Did you know that you can use the /staking command to view platforms where you can stake your SXP?
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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