- Mines of Dalarnia is switching from the DAR token to the up-to-date D token, which represents a significant step in the evolution of the Dar Open Network into a comprehensive Web3 ecosystem.
- The conversion process starts on December 20, 2024 and lasts until December 20, 2025, enabling DAR token holders to convert their tokens into D tokens at a 1:1 ratio via self-service wallets or centralized exchanges.
- The D token will power the Dar Open Network ecosystem, supporting staking, governance, and encouraging developers and community members to create and innovate on the web.
Dalarni Mines, popular blockchain game, has announced a significant transition from the current DAR token to the up-to-date D token. This move represents a key step in the evolution of the Dar Open Network, reflecting its expansion beyond gaming into a comprehensive Web3 ecosystem. The conversion is intended to align the network’s currency with its broader goalsensuring brand consistency and supporting innovation across the ecosystem.
https://twitter.com/DarOpenNetwork/status/1868962913308016952
Conversion details
The conversion process will start on December 20, 2024 and will last until December 20, 2025. During this period, DAR token holders can convert their tokens into D tokens at a 1:1 ratio. The migration process has been designed to be silky and uncomplicated, with options available for both standalone wallets and centralized exchanges (CEX).
Users holding DAR tokens in standalone wallets, such as MetaMask, You can apply the official migration portal on the Dar Open Network website to complete the conversion. For DAR token holders on supported CEXs, the migration will be automated.
Features and benefits of D Token
The D token is intended to power the Dar Open Network ecosystem and support a wide range of applications. Key features of the D token include:
- Putting: Users can stake D tokens to participate in network governance, secure the platform, and contribute to its long-term development. Stakers also unlock exclusive rewards and benefits such as access to premium ecosystem features and benefits from participating apps.
- Management: D Token holders play a key role in shaping the future of the Dar Open Network. Through the D DAO, token holders can propose, discuss and vote on key decisions, supporting a clear and decentralized framework for ecosystem development.
- Ecosystem support: Token D supports and encourages developers, creators and community members to create, participate and innovate on the Dar Open Network. It can be used to fund up-to-date projects, reward contributions and promote ecosystem development.
Migration process and schedule
The migration process has been designed to ensure a silky transition for all users. For self-hosted wallets, users must visit the migration portal, upload their DAR tokens, and receive D tokens in return. A gas fee will be required to complete the migration.
For users of supported CEX platforms, the migration will be automated and no manual action will be required. Additionally, all DAR tokens staked on the official Dar Open Network Staking platform will be automatically converted to D tokens on January 6, 2025.
