XTT and XSP Tokens Migration

https://app.xspswap.finance/#/migrate-xtt

The XSwap Protocol team has made the decision to merge the XTT and XSP tokens, streamlining the project’s tokenomics, strengthening its ecosystem, and enhancing long-term value for the community.

Key Changes:

• Token Swap: 1 XTT = 2 XSP.
• XSP becomes the sole native token of the project, unifying all utilities and rewards.
• Simple Migration Process: A dedicated smart contract and web interface will allow XTT holders to easily swap their tokens.

Why Merge?

1. Simplified Ecosystem With the launch of V3 DEX and new farming pools, rewards are now distributed in XSP and other project tokens, reducing the role of XTT. Merging the tokens ensures a smoother, more cohesive user experience.
2. Stronger XSP Utility XSP will serve as the primary token across all XSwap services, increasing its demand, liquidity, and market relevance.
3. Benefits for Holders

• XTT holders receive 2 XSP for every 1 XTT, enhancing the value of their holdings.
• XSP holders face no dilution — instead, the merger reinforces XSP’s position in the ecosystem with increased liquidity.

Next Steps:

• The migration process will begin soon, with clear instructions provided.
• All XTT holders will be notified in advance about swap timelines and procedures.
• XTT on cex, farming and staking needs to be withdrawn and migrated using our smart contract.

This move is part of XSwap’s long-term strategy to build a more sustainable and scalable ecosystem. We believe this consolidation will benefit the entire community and solidify the project’s market presence.

The XSwap Protocol Team