TL;DR
- VIS Token Migration: Pegaxy is migrating the VIS token from the Polygon network to the Mirai Chain, including a significant burn of over 2.1 billion VIS tokens to enhance security and performance.
- Transition to V2: The game is moving to V3, introducing player-controlled 3D gameplay and encouraging players to bridge their VIS tokens to the Mirai Chain for better benefits.
- Liquidity Migration: Pegaxy has completed the migration of VIS liquidity to the Mirai Chain, including a second burn of 49,235,348.99 VIS tokens to stabilize the token’s economy.
Pegaxy, a popular blockchain-based game, has recently announced significant changes as it prepares for the launch of its V3 version. These updates are aimed at enhancing the gaming experience and ensuring the long-term success of the platform.
Big Changes, Bigger Opportunities Ahead! 🚀
We know it’s been a bumpy ride, but we're committed to taking Pegaxy to the next level. 💪 Get ready for a complete transformation—new gameplay, fresh mechanics, and a renewed focus on rewarding your dedication. The future of Pegaxy is… pic.twitter.com/9Qg1Euntct
— Pegaxy (@PegaxyOfficial) September 17, 2024
VIS Migration to Mirai Chain
One of the most notable changes is the migration of the VIS token from the Polygon network to the Mirai Chain. This strategic move is designed to bolster security and optimize performance for all users.
The migration process included a comprehensive burn of over 2.1 billion VIS tokens, significantly reducing the supply and reinforcing the value of VIS. The final burn on the Polygon network effectively removed any remaining tokens, consolidating the VIS token within the Mirai Chain ecosystem.
Transition to Pegaxy V3
Pegaxy has also transitioned to V3, introducing a new era of player-controlled 3D gameplay. This upgrade reflects the company’s commitment to innovation and quality.
Players are encouraged to bridge their VIS tokens to the Mirai Chain to maximize their benefits and ensure a more cohesive ecosystem. The transition to V3 promises improved performance and a more dynamic gaming experience.
Liquidity Migration
In addition to the VIS migration, Pegaxy has completed the migration of its VIS liquidity to the Mirai Chain. This involved swapping the remaining VIS liquidity to USDT and then back to VIS on the Mirai Chain. The process culminated in a second burn of 49,235,348.99 VIS tokens, further reducing the circulating supply and stabilizing the token’s economy.
Commitment to Enhanced Gaming Experience
Pegaxy’s bold steps underscore its dedication to delivering an unparalleled gaming experience. By focusing on the Mirai Chain, the company aims to align the role and utility of VIS with this new environment, ultimately benefiting players.
The transition does not affect PGX assets, which will continue to operate as usual. However, for enhanced utility, players are recommended to bridge PGX to the Mirai Chain as well.
Pegaxy’s strategic changes mark a pivotal moment in its evolution. These updates are expected to lead to a more dynamic and satisfying gaming experience for all players, reinforcing Pegaxy’s position as a leading blockchain-based game.
