# Early investors The $**LDY** token, a community-centric utility token for the Ledgity ecosystem. Here are some of the major improvements brought by that new version: * Simplified codebase and so reduced attack surface * DAO-ready * No more transfer fees * Non-owned and non-pausable * Easy to bridge cross-chains This new version creates a fairer and safer environment to build a DeFi community and will allow Ledgity to accelerate the development of its RWA-backed protocol. Conversion **$LTY holders from 2021-2022 was able to claim $LDY in a 70:1 ratio**, which represents **a premium of 50%** compared to current LTY price. Claiming was possible since early 2024.\ \ You can also fill the form there if you forget to claim and contact us on TG ## Availability Trading The $LDY token is on ETHEREUM --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.ledgity.finance/ldy-token/early-investors.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.