The Occurrence Of A Mainnet Swap And Native Blockchain Networks

The movement of a cryptocurrency from a third-party blockchain network, like Ethereum, to its own blockchain network, is known as a mainnet swap. While a cryptocurrency project is in the testnet phase, a third-party blockchain network is employed. But, after the testnet phase is completed, users will get native crypto in return for their third-party tokens. As a result, it is also known as token migration or token shift. The mainnet swap is essentially the exchange of third-party tokens for the platform’s native coin.

The Nature of a Mainnet swap

A mainnet swap often occurs when a cryptocurrency project migrates its tokens from one blockchain to another or from a third-party blockchain to its home chain. Therefore, the mainnet swap is not mainly related to new blockchains. If a project decides to switch from one protocol to another, it may make an announcement about it. One example would be the transfer of tokens from the Bitcoin protocol to the Ethereum network.

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