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Lucky Block (LBLOCK) has been turning heads recently as a result of the launch of its highly anticipated burn program which eliminates 1% of the total LBLBLOCK supply monthly. However, things could heat up even further for LBLOCK thanks to the October 3rd release of the Lucky Block V1 to V2 token bridge.
Lucky Block is a platform that utilizes NFT technology In order to provide investors and crypto enthusiasts with the ability to enter prize draws with life-changing prizes. Some of the most exciting jackpots on Lucky Block include a $1 million house, $1 million in Bitcoin, and a $300,000 Lamborghini.
Just prior to the beginning of August, the LBLOCK token transitioned from the Binance-helped BEP20 standard to Ethereum's ERC20 standard. This move eliminated the tax on transactions and allowed the LBLOCK token to get listed on centralized exchanges including MEXC, Gate.io, and LBank.
Although this switch paved the way for exchange listings and was overall extremely beneficial for LBLOCK and its holders, it fragmented the token into V1 and V2 variants. As such, the team created the token bridge to ensure that the project's investors didn't remain divided.
The bridge, released today, October 3rd, will allow holders of the V1 token to near-effortlessly exchange their assets for the new, exchange-friendly V2 tokens via the LBLOCK bridge website. This could prove to be huge for Lucky Block as increased trading volumes and a whole community could stimulate the Lucky Block ecosystem in a big way.
The exchange rate for Lucky Block tokens is 0.88 V2 LBLOCK for each V1 token.
As it stands
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