What's new
  • Thank you for your input for the last few days regarding the list of exchanges you want to see DSTRA in.
    These are our targets for fundraising going forward. Learn more

DSTRA V1 to V2 late swap (new round!)

serathy

DSTRA Staff
Staff member
#1

We know that DSTRA V1 to DSTRA V2 swap was pretty strict in terms of deadlines, and even then we have bent the rules a bit getting some late submissions on board.

However - since there are still some community members who missed the swap and our primary goal is to be recognised as a project created by the community for the community, we have good news for them - they still can come back and be part of the project!

We will allow further DSTRA V1 to DSTRA V2 swap under the following conditions:
1) To make a late swap registration please use this form: DSTRA V1 late swap (to DSTRA V2) https://docs.google.com/forms/d/e/1FAIpQLSfv4AEblfaQJtT85m_eFFPtL5E4tGAuY7l5EeJhHyS8QbWeFQ/viewform

2) To be qualified you need to give:
- DSTRA V1 wallet address (starting with "F")
- DSTRA V2 wallet address (starting with "D")
- your Discord name
- your email

3) The calculation will be based on following rules:

a) balance of the account will be taken from the snapshot of the original swap (21-Aug-2018, 12:00 UTC);
coins minted and transferred after that date will not be taken into account

b) for the next 3 months (until 1st of Mar 2019) the swapped amount will be equal to 50% of the balance (or lower - see point '3e' below)

c) for another 3 months (1st of Mar 2019 - 1 of Jun 2019) the swapped amount will be equal to 35% of the balance (or lower - see point '3e' below)

d) after 1 of Jun 2019 the swapped amount will be equal to 25% of the balance (or lower - see point '3e' below)

e) maximum amount claimed from this swap: 7000 DSTRA

4) If someone reports a V1 wallet that already took part in first (Aug'18) swap round - their reward from any AD going forward will be reduced to 10% of their score.

5) Payouts will be made on a weekly basis (every Sunday we calculate the score to prepare the multisig for transfer)

Example 1:
- User had 5000 DSTRA V1
- If he fills the form now, he gets 2500 DSTRA V2

Example 2:
- User had 20000 DSTRA V1
- If he fills the form now, he gets 7000 DSTRA V2 (as that's the maximum amount to be claimed)
 
#4
This news needs to be posted to all e-mails that are in the database, since quite a few participants have left the project. Someone came a month ago and asked, but they were told that it was too late.
 
#5
This makes me so happy! I never thought I'd get any V1 coins back after missing out on the swap. Hopefully it'll encourage some other members to return who may have also missed out at the time.
 
#6
This news needs to be posted to all e-mails that are in the database, since quite a few participants have left the project. Someone came a month ago and asked, but they were told that it was too late.
This is right. All old users who have been on DSTRA should be informed about this update so they can get back on the track and continue embrace our the community.
 

Nicecrypto

Junior Member
#7
This news needs to be posted to all e-mails that are in the database, since quite a few participants have left the project. Someone came a month ago and asked, but they were told that it was too late.
True as many might not see this info and if this can actually be posted straight to their emails that would be great.
 

baobao

Junior Member
#9
I agree with comments above, it is good idea to send email to all the community members. I knew some old members cause the bear market, they didn’t online in discord often, they didn’t get the news last time about the swap, it may motivate them to return back if they have chance to sway the coins.
 

twthmoses

Junior Member
Staff member
#11
Got the urgeto start the old wallet up again, to see if one can still get some connections and maybe see how many are still running this wallet. I guess when I get how, I’ll try it :) Anybody get it running still?
 

serathy

DSTRA Staff
Staff member
#19
I hope there will be no more swaps. It is bad for community stability.
Actually it's the opposite - swap is pretty much limited in terms of the number of coins, while it might help to bring old community members back, especially when they've missed the original V1 to V2 swap (due to bear market, passiveness, etc.). We don't talk right now about any future swaps.