The previously announced date to end the swap was June 30th. This was proposed by the old team, and the new team agreed with limited understanding of the full situation. As new information has come to light and the situation has continued to change over the past month, we now believe it's in the interest of the project to end the swap sooner.
If passed, we will end the swap period on May 20, 2022 instead of the originally proposed date of June 30, 2022. This would leave one month from today to swap. We will also intensify the communication to motivate people to swap ASAP.
Pro: -Maintaining the security of the XSN chain is costing us resources -The XSN chain infrastructure is being managed by people who are no longer on the Hydranet team, out of sheer goodwill -One of the major reasons for the swap was the instability of the old chain, this will remain the case until the chain is abandoned -We can start fresh sooner, focusing the new team on our own goals instead of old issues -Because the new team does not manage the old chain, it is completely out of our hands, and we can't make any guarantees
Con: -We would be changing plans midstream at a time when the new team is attempting to build trust -Some users might miss the date