# 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 

<https://docs.google.com/forms/d/1B88KO3eSyJ6xEQj75f_MJFTYyo8L1KvDsKuN_R0efQk/edit>

## Availability Trading

The $LDY token is on ETHEREUM&#x20;