As part of our preparations for the upcoming mainnet operation, LuxWorld has successfully migrated from Ethereum to Arbitrum One - an Ethereum Layer 2 scaling network that can provide low gas fees and high speed.
Tokens were swapped at a 1:1 ratio based on a snapshot taken on Feb 24th 2023, and transferred to holder’s wallets on the Arbitrum network.
At the initial phase,community sales accounted for 45% of token supply. After presle, unsold token from Community Sales was transfered to Community Treasury (16,5%).
Updated Tokenomics after the Presale