Introducing the Migration Portal for $DAR Holders
The AI-powered web3 platform DAR Open Network (DON) has recently launched the Migration Portal, offering $DAR token holders the opportunity to migrate to the new $D token within a year.
$DAR to $D Token Migration Details
- Head to the official migration page to transition to the $D token.
- Supported networks include Ethereum and the BNB Smart Chain.
- Gas fee required for migration.
- Receive $D tokens at a 1:1 ratio.
- Keep some $DAR tokens for ongoing use in Mines of Dalarnia.
Important Dates and Information
The Migration Portal was launched on December 20th, with an “early bird batch” of $D tokens available. The full supply will be accessible on January 2nd, 2025.
Users staking on the official platform will have their tokens auto-converted to $D on January 6th, 2025.
The Migration Portal will close on December 20th, 2025, giving holders a year to migrate their tokens.
Automated Migration for Centralized Exchanges
- Some centralized exchanges will automate the migration process.
- Check if your exchange supports the transition.
- If not supported, move tokens to a self-custodial wallet for manual migration.
Reasons Behind the Rebrand to $D Token
The rebrand from $DAR to $D signifies the expansion of the platform from Mines of Dalarnia to the DAR Open Network, reflecting a shift towards a broader web3 gaming ecosystem.
Understanding the $D Token
- Core utility token for the DAR Open Network.
- Use cases include governance, staking, and ecosystem support.
- Allows holders to participate in governance through the D DAO.
- Tokenomics remain unchanged with a supply of 800 million.
Community-Driven Decision Making
The rebrand and tokenomics adjustments were community-approved through governance voting.
- 50:50 distribution ratio between Ethereum and BNB Smart Chain.
- Ability to incentivize creators and projects to join the ecosystem.
- Integration of new networks based on community demand.
The new $D token opens up opportunities for developers and users alike, with a range of features and applications to explore within the growing ecosystem.
