Merger Announcement: A new phase for POA Network has arrived a | POA Official Announcements

Merger Announcement: A new phase for POA Network has arrived as it joins the xDai ecosystem.

POA holders can now swap their POA for STAKE on xDai. The POA for STAKE exchange is available at a rate of 466.6163443 POA per 1 STAKE. This price was derived using a TWAP (Time-weighted Average Price) for the both tokens between October 21, 2021 and November 3, 2021.

This initiative allows POA token holders to bridge POA to the xDai chain, where it is converted into wrapped POA (WPOA).
WPOA can then be swapped for STAKE.
Swapping is available now and can be completed over the next 6 months.

Learn more about this initiative here https://www.poa.network/for-users/about-poa-token/poa-merger-and-stake-swap

Questions can be asked in the #poa channel on Discord https://discord.gg/mPJ9zkq