DAR Open Network Initiates Token Migration Process

DAR Open Network Token Migration

The DAR Open Network began its $DAR to $D token migration initiative on June 1, 2025, affecting multiple blockchain platforms.

This migration aims to preserve tokenomics while potentially affecting market volatility and engaging community governance.

Tokenomics Preserved: $DAR to $D Migration Details

The DAR Open Network initiated a token migration from $DAR to $D, effective June 2025. This process maintains the original tokenomics, keeping total supply at 800 million tokens. The DAR Open Network Team stated that “the token release plan will follow the same structure as the original DAR Token with no modifications,” emphasizing commitment to stability.

Token holders are required to burn $DAR in exchange for $D via the official portal, with a 1:1 exchange rate. This process aims for continuity without altering supply or economic structure.

$D Token Faces Bearish Trend Amid Migration

The new token, $D, currently trades at $0.031, showing a bearish trend. Market predictions suggest a drop to $0.023 by July. This migration plan results from active community voting.

Analysts predict enhanced cross-chain support as the migration spans Ethereum and BNB Smart Chain. This distribution followed a community vote with a 50:50 ratio. Past migrations imply possible short-term volatility and heightened governance engagement.

Lessons from Web3 Gaming Migrations

Similar events in web3 gaming projects often caused temporary liquidity disruptions. However, stakeholders practiced robust governance voting and adaptation of cross-chain support for sustainability.

Experts from Kanalcoin suggest the migration will necessitate diligent governance and careful volatility management. They also highlight the critical importance of maintaining community trust and transparency throughout all phases. For ongoing updates on cryptocurrency, visit CoinCodex on TikTok.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.
Redaksi Media
Author: Redaksi Media

Cryptocurrency Media

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