Network beta launch --> catastrophic failure token backup

[drehb]

@TylerAbeoJordan

those wrapped coin on ETH network will be unusable at snapshot. This is troubling

Yes, I raised that point here

It is time for ERC20 MAID!

From Ren’s side of things, the more tokens and chains that they support the more volume will flow through their bridge network, which means more fees collected and more value accrued to the REN token. So that’s why I could imagine some motivation from their side to help out with Omni. The main thing that’s not clear to me if this avenue was pursued is when it is time for Omni MAID to SAFE conversion, will it be by burn or by snapshot? If there is an ongoing burn process for the conversion Ren…