On the 25th of February Sarcoin will be swapping from its current PoS chain, to becoming a token on the Ubiq network.
You can find out more info on Ubiq
hereThe swap will be 1:1, all existing Sarcoin will be swapped. During this swap a rebranding is also taking place, SAR will become QWARK.
No new sarcoin will be created during the swap. The total supply at time of swap will be the total supply of Qwark on the Ubiq blockchain.
The swap will take place on bittrex, please send your Sarcoin there before the 25th of February. Also make sure you secure your account properly with 2fa if it is not already.
If you miss the swap do not worry, instructions on how to submit late swaps will follow post swap.
Qwark will benefit hugely from operating on the Ubiq blockchain, although it will lose PoS, it will gain smart contracts and the network strength Ubiq offers.
Thanks!