The stake-in period to merge took place successfully in November 2023.
On December 1st 2023, the new DD token is getting listed on Uniswap and all merged tokens will become claimable or distributed.
LATE COMER MERGE (if you haven’t merged yet)
We realized that if we allowed merging for another three months by smart contract – even on a worse ratio – that this would damage the DD price probably massively by people arbitrating DUCK, DDIM and DD. To prevent that, we adjusted the “Late-Comer Merge” strategy as follows:
1 WEEK LATE COMER MERGE
We will shorten the “late-comer merge” to 1 week starting from December 1st and we will only accept DDIM and duck, that have been in the wallet before November 29th 2023 or got withdrawn from the old farm (no new purchased DDIM or DUCK will be merged). The process will happen on manual requests via a form, no smart contract anymore. The ratio during this week will be for DDIM 1 : 3.5 and fur DUCK 30:1.
Apply now for the manual token merge. Click here!
6 MONTH EMGERENCY MERGE
After that 1-week period, we will merge/exchange old tokens for another 6 months until the end of May 2024, but the tokens only on dollar value of DDIM at $2.05 and DUCK at 0.021 as of Nov. 29th 2023. Example: if someone has 10.000 DDIM and request the exchange, we will calculate with the reference exchange rate of $2.05. He will exactly $20.500 in DD token based on DD token market price. The DD token price will be fixed at the time of sending out the DD tokens. Also, we will apply a vesting on that amount based on the current DD token price.
Vesting formula: for each multiple of the listing price of 0.55$ 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)
The vesting starts on the day of the payout, what will happen only once a month.
If the person would lose his Tier Group Access in the Inner Circle Group, we will give the possibility to lock the tokens but keep the group access.
1 DDIM : 4 DD
25 DUCK : 1 DD
The listing will happen on December 1st 2023 between 4 pm and 8 pm UTC.
Shortly before listing, the remaining liquidity will be drained from Uniswap by market sells of Duck and DDIM. The drained liquidity will be used for adding additional liquidity to the new DD token and for operating costs.
The claiming for merged tokens on the Ethereum blockchain will open few minutes after the new liquidity got sucessfully provided on Uniswap.
- The following tokens will be distributed directly:
Token Economy DD
In % of total
Old Reserve --> New Reserve
Additional to New Reserve
Marketing / Community Rewards
Claiming (Only For People that merged DDIM and/or DUCK with ERC 20)
Please head over to the merger page and click claim. If you have difficulties, a tutorial will be provided very soon.
People that have Black Friday Duck Status and people that merged on Binance Smart Chain: DON´T try to claim your tokens. They will be airdropped.
To get access to DuckStarter and the Inner Circle Groups please go to access.duckdao.io and get your Tier level by staking your DD tokens. You have access to both platforms! Example: If you are staking 800 DD tokens you have access to Duck Beach Club and to DuckStarter Platinum Level.
After staking your DD, you can Access the Inner Circle Telegram groups with the following links:
Important Note: The token merge does not grant members the freedom to sell their tokens without consequences. Members who choose to sell their tokens after the merge will forfeit their pending allocations.