Early investors

Ledgity's needs evolved and with the launch of the Ledgity Yield protocol, we needed to upgrade the $LTY token's contract and tokenomics.

Welcome to 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 will be able to claim $LDY in a 70:1 ratio, which represents a premium of 50% compared to current LTY price.

Claiming will be possible by early 2024. Get notified by joining our Discord and/or following us on Twitter. You can also fill the form there if you forget to claim

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

Availability

The new $LDY token will be launched on Arbitrum initially and tends to be available on every chain the Ledgity Yield protocol is deployed on.