Mainnet Swap

Unlock the essentials of crypto terminology specific to MakerDAO, including key concepts like Dai, collateral, stability fees, and governance tokens.

A Mainnet Swap refers to the process of exchanging tokens from one blockchain protocol to another when a project moves from a test environment or a different blockchain to its own main network, known as the Mainnet. This usually happens after a project has completed development and testing, ensuring it’s ready for broader use.During a Mainnet Swap, users must convert their existing tokens, often from a token created on a different blockchain (like Ethereum) to the new native token on the Mainnet. This is essential because the functionality and features of the token may depend on the new blockchain’s capabilities.The swap often involves a set timeframe in which users can exchange their old tokens for the new ones, after which the old tokens may become useless. Projects typically provide detailed instructions on how to carry out the swap and may offer support during the transition to minimize confusion and ensure a smooth process for users.

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