Project W — Swap Page is live

Our domain https://projectw.io/ is now live and the Swap function is already working. There are still here and there some frontend adjustments ongoing, but the first WST tokens have been minted to supply the Swap Pool for Steem to WST.

1. Overview of current function and explanation.

1) Swapping

You will need both Keychain and Tronlink installed on your Web Browser. Input your to be swapped Steem into the window and additionally your Steem Id (which needs to be installed within your Keychain with Activekeys).

You will see a new popup with Orcas swimming around and also Steem Keychain asking for confirmation. After confirming, you will see that Keychain successfully transferred the amount from your Steem ID to @projectw.

The cross-blockchain transfer itself can take up to 5 min. as the service needs to check your Steem incoming and sending your WST tokens then to your TRX address.

You can add meanwhile WST to your wallet. Click on Tronwallet and press Asset Management on the right side of Tronlink.

Enter the following address in the search bar to add WST to your wallet.

• TCMroNL1iNGJDtKdyiZmNLotjcVjJxnb3X

The swapping process from WST to Steem is similar, except that you can send your WST to any Steem account you want. You don't need the Active Keys for a Steem account to send swapped WST. The swap system will warn if you are trying to send your WST swapped into Steem to an account that does not exist on Steem. But please be aware that any wrong swapped and send Steem to an unknown account will be lost.

2. Next Steps

We are planning the first mining pool for PWT tokens based on WST-TRX LP on the 30th of September 2020 at 10:00 AM UTC.

• Time: 30th of September 2020 / 10:00 AM (UTC)
• WST-TRX LP Pool Size: 15,000 PWT
• Halving: every 60 days

The PWT-TRX Pool will be opened when the Swap Qty. from Project W is big enough to create the Reverse Vault mechanism.

Channels

• Main Blog: https://steemit.com/@projectw
• Medium Blog: https://medium.com/@projectw
• Twitter: https://twitter.com/Projectw_io
• Homepage: https://projectw.io

Disclaimer

Project W is in beta and should be used at your own risk.