Burn $BAY to Receive $dBAY at a 1:10 Ratio
For every 1 $BAY token you burn on the Fantom network, you will receive 10 $dBAY tokens in return.
💎 $dBAY: The Receipt Token for the $MOON Airdrop
The $dBAY token serves as your receipt for the upcoming $MOON airdrop on the Sonic Network. Holders of $dBAY will receive a 1:1 $MOON airdrop once the snapshot is taken.
📆 $MOON Airdrop Snapshot
The snapshot for the $MOON airdrop will occur shortly after the public launch of Sonic, which is scheduled for this December 2024. Be sure to hold your $dBAY tokens in your wallet to be eligible for the airdrop!
🔒 Liquidity Assurance for $BAY Migrations
For every 1 $BAY token migrated to $MOON, the Moon Bay Treasury will lock 2 $MOON tokens in liquidity pools (LP). This ensures strong liquidity and stability for our launch on Sonic, providing peace of mind for all holders that liquidity will be a top priority.
📈 Tracking Migration Progress
To stay updated on the migration progress, you can track the status through the progress bar on the migration page. This will show the percentage of $BAY tokens that have been successfully migrated. You can also view your $dBAY token balance, which will determine how many $MOON tokens you’ll receive in the upcoming airdrop on Sonic.
💡 Additional $MOON Minting for Treasury & Liquidity
An additional 30 million $MOON tokens will be minted to support the treasury and project-owned liquidity. These tokens will also be allocated for partnerships, marketing, and future rewards via staking, locking, and other initiatives.
