HOT ‘s Chief Enablement Officer; Mary Camacho: HOT to Holo fuel Swap Announcement
About the Swap
The original plan in our Holo Green Paper called for Holo Tokens (HOT) to be burned when redeemed for Holo fuel. This “swap-and-burn” was based on the conventions of other token swaps. However, as we have incorporated feedback from the community and refined our currency design we have found that until our ecosystem matures this method may invite structural instability. Instead, allowing the community to swap back and forth between HOT and Holo fuel provides far more liquidity for our users.
More in the announcement: https://medium.com/@H_O_L_O_/hot-to-holo-fuel-swap-announcement-e64d59a77aaf