HomeCoinsCardstarter (CARDS)CSWAP Migration Update. Update Regarding LP Migration To ADA… | by CardStarter...

CSWAP Migration Update. Update Regarding LP Migration To ADA… | by CardStarter | Nov, 2021

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CSWAP Mining And Migration Incentives by CardStarter Oct

Update Regarding LP Migration To ADA and Incentives

Users with existing CSWAP from the original 300mil mined will have 10% unlocked at the time of bridging to ADA, and the remaining 90% vested monthly for 6 months thereafter.

The benefits accrued from locking and migrating LP will be 100% unlocked and available once the DEX is live and stable. This migration pool will be calculated following migration, divided, and distributed by the average LP value and length of time a user has locked their CARDS/C3/GERO LP.

The mechanism to lock LP will be announced and active within the first half of November. Users will input CARDS-ETH/C3-ETH/GERO-ETH LP which will stay as it is until migration. Following migration to the DEX, users will either be airdropped or be able to claim their new CARDS-ADA/C3-ADA/GERO-ADA LP tokens and won’t be required to take any additional steps to receive the new LP.

If you have any questions, please reach out in the CardStarter Official Telegram.

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