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RE: HUNT is now available on Bitberry, a wallet app with 100K+ users

in #steemhunt5 years ago

Nice to see that, but I wanted to check on 2 things:

  • I read sometime back that HUNT tokens will be migrated to Steem Engine. Any idea when would that happen?
  • If and whenever it happens, what happens to my tokens that are in MetaMask?

Will appreciate a response.

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Hunt token was supposed to be an SMT so I don't know what their plan is. If the token could be traded with ease (like on steem engine) it would generate much more awareness in my opinion.Half the people on the Steem Blockchain never even heard of Hunt tokens or how they can be earned and traded.

I read sometime back that HUNT tokens will be migrated to Steem Engine. Any idea when would that happen?

There are no official plans for that. HUNT is currently based on ERC-20, which would need Steem-Engine to create a pegged token and make it available to transfer it to Steem-Engine. That is something that is not up to Steemhunt, as the Steem-Engine team would need to implement it. Otherwise, you could only create a token that is pegged with a single HUNT wallet or pegged with a fixed amount. Users would then only be able to buy HUNT tokens from that pool, but not be able to add more Hunt tokens out of this limited pool.
Additionally, the P (pegged) tokens within Steem-Engine are not really having a significant volume that it could be interesting for a project with an ERC-20 Token to launch it at the moment.
The only constant high volume tokens on Steem-Engine are native SE tokens.

If and whenever it happens, what happens to my tokens that are in MetaMask?

As mentioned, all kind of scenarios are considered, but it is not a direct plan to launch a SE HUNTP token at the moment, based on the above-mentioned reasons. If it would happen, a possible HUNT token on Steem-Engine would be a pegged token like BTCP or EOSP on Steem-Engine, so if you would like to use it, you would need to deposit it to Steem-Engine with a 1% fee (As you can do with BTC, EOS or Dogecoin, etc. at the moment.)