Welcome to the DuckDAO Token Merger
The DDIM token and DUCK token merge will unite to form the new DuckDAO token, abbreviated as DD.
The stake-in period to merge took place successfully in November 2023.
On December 1st, 2023, the new DD token was listed on Uniswap and all merged tokens became claimable or distributed.
MERGE (completed)
LATE-COMER MERGE (completed)
DOLLAR-PEGGED MERGE (ongoing)
6 MONTH DOLLAR-PEGGED MERGE
If you have missed it you have still the possibility to merge your DDIM and DUCK into DD token by filling out this form!
The merge offer is only valid for DUCK and DDIM that have been in your possession BEFORE November 29th!
The following rules will be applied:
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.
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 $2.05 at the time of distribution, you will receive 1 DD for 1 DDIM.
The DD token price will be fixed at the time of distribution. Also, there will apply a vesting based on the current DD token price.
Vesting formula: for each multiple of the listing price of 0.55$ 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.
Tokens and NFTs are sent in batches, it can take up to one week to receive them.
Apply now for the manual token merge. Click here!
If the person loses his Tier Group Access in the Inner Circle Group, we will give the possibility to lock the tokens but keep the group access*.
Click here.
If the person already received the merged tokens and lost Access to Tier Groups, we will give the possibility to lock the tokens but keep the group access*.
Click here.
*Same penalties apply to the NFT as to staking tokens:
Days Penalty
less than 10 days ago 30%
less than 20 days ago 25%
less than 30 days ago 20%
less than 60 days ago 10%
less than 90 days ago 5%
after 90 days 0%
RATIO, LISTING AND DISTRIBUTION
The ratio for the official token merge was determined on an average price of DDIM and DUCK during the merging period
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 sales 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 a few minutes after the new liquidity is successfully provided on Uniswap.
DuckDAO Token $DD is available for trading now on Uniswap.
- The following tokens will be distributed directly:
Token Economy DD
Category | In % of total | ||
DDIM Member | 36.36 % | 4,726,996 DD | |
DUCK Member | 22.58 % | 2,935,988 DD | |
Old Reserve --> New Reserve | 7.14 % | 928,755 DD | |
Additional to New Reserve | 9.91 % | 1,288,260 DD | |
Marketing / Community Rewards | 9 % | 1,170,000 DD | |
Advisory | 2% | 260,000 DD | |
Core Team | 4 % | 520,000 DD | |
Liquidity | 3 % | 390,000 DD | |
6 % | 780,000 DD | ||
Total | 100.00% | 13,000,000 DD |
TIER OVERVIEW
Token Amount | DuckSTARTER | Inner Circle |
40 DD | - | Fight Club |
80 DD | Bronze | Fight Club |
Fight Club | ||
800 DD | Platinum | Beach Club |
4,000 DD | Champion | Beach Club |
10,000 DD | Champion | Gentlemen Club |
40,000 DD | Champion | Diamond Lounge |
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.
INNER CIRCLE GROUPS
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.