I have some ebtc, and actually have some proxy from last year somehow. Does one have to move the funds anywhere or is it if you control the private keys the swap is done automatically?
If you own the private key your good to go. eBTC is one of the rare projects that do swaps in the background so you don't have to worry about it or loose your coins by missing the swap. It's a nice way to know they are ahead of most of the projects who cannot pull off a hands off for the investor swap.