Thanks for this. Are you familiar with the open.EOS > EOS process with Bitshares? Do they simply replace the open.EOS for you without any further steps, or do I need to move anything to a wallet I control as you mentioned above?
You are viewing a single comment's thread from:
Yes, if you own OPEN.EOS, you don't own a real ERC20 EOS token. You have a promise from OpenLedger to send you an EOS token. You'll definitely want to transfer them out of BitShares to an Ethereum wallet you control both for the eosDAC airdrop before April 15th and so you can later register your EOS tokens.
Thank you. So open.eos tokens can be shipped directly from Bitshares to Exodus? I didn't think the "promise" tokens would be compatible to ship out.
OPEN.EOS tokens represent real ERC20 EOS tokens held by open ledger. When you withdraw, they send you the real thing and burn the corresponding OPEN.EOS.