I had previously expressed concerns about the potential challenges we might face with a two-day timeframe, which I highlighted before the voting process began. The link here provides more detail on my initial apprehensions: Closing STMX V1 to STMX V2 Token Swap - #2 by GoldBoi
Given the complexities involved, such as assistance needed for swapping, transferring gas fees, and other unforeseen issues, a two-day period seemed insufficient. This concern is now underscored by the current situation. I had initially believed the two-day deadline to be firm, which is why I’m surprised at this potential turnaround however I do understand the rationale behind the exception.
It appears that the decision accounts for the time needed to address support tickets and the inherent delays in resolving these issues, however I am still slightly surprised - It’s important to recognize that StormX serves a global community, with users and the support team operating across multiple time zones. This diversity in locations undoubtedly contributed to the tightness of the original deadline, which is something StormX is already aware of and feels like the extra breathing room could have been incorporated from the beginning.
Despite these challenges, I am reassured to see that an exception is being made to accommodate these complexities. I also very much appreciate the vote being put to governance, giving users another chance to influence the ecosystem.
I shall very much be voting yes and to those considering no, I’d ask you to consider the scenario: If we take 1.5 million STMX tokens as a base value (I recognise the total is lower than this) and we have 15 wallets: 1.5 million divided by 15 gives 100,000 STMX tokens average, which currently amounts to just under $1000, which is no small amount. I’d personally be upset to just lose that amount and I’m sure most of those reading this would to. I’d also make the argument that 2 days is not a lot of time. It is true that it would have been best to swap as soon as possible but some people take the approach of acquiring cryptocurrency and leaving it in a secure wallet, not touching it to avoid the risk of emotional trading (A valid reason, I would say)
In the grand scheme of things, we’re weighing up 1.5 million STMX to a community wallet vs losing 15 users should the vote not pass. When framed like that, the choice is more than obvious to me. I value the community we’re building over the negligible reward gains to a whole community (1.5 million sounds like a lot until you distribute it to 10s of thousands [maybe even 100s of thousands?] of users)
I look forward to the vote.