You can get new DD token for your old tokens until the end of May 2024 (hard deadline).
The values of the old tokens are pegged at the dollar value of
DDIM at $2.05 and DUCK at $0.0205 as of Nov. 29th, 2023.
Tokens to be merged please send to this address:
0xceF8269919B449ED98cC4B9c21b88C2464b6E2E1
Example: if you have 100 DDIM and you request the merge, it will be calculated with the reference exchange rate of $2.05. You will receive exactly $205 in DD tokens based on the DD token market price. If DD is at $2.05 at the time of distribution, you will receive 1 DD for 1 DDIM.
The DD token price will be fixed at the time of distribution. Also, there will be applied a vesting based on the current DD token price.
Vesting formula: for each multiple of the listing price of 0.55$ there is 1 month of vesting added, up to a maximum of 12 months. That means:
- DD rate < $ 0.55 no vesting
- $ 0.55 < > $ 1.10 1-month vesting (50% immediately, 50% 1 month later)
- $ 1.10 < > $ 1.65 2-month vesting (33.3% immediately, 33.3% each month)
- $ 1.65 < > $ 2.20 3-month vesting (25% immediately, 25% each month)
- etc.
The vesting starts on the day of the distribution, which will happen at least once a month.
If you lost your Access do DuckSTARTER or your Inner Circle Group, you get the possibility to lock the tokens directly and keep the group access by requesting here an Access NFT! here: https://forms.gle/VXQuMqkdxXG1heyA7
