Swapping from ANTX to AstraVerse
The most common question being asked around in ANTX channels is “How do we get the new tokens?”.
Well, we thought of writing this guide to help you all through the swap process.
Before we go there, lets summarise what is happening:
- AstraVerse is a new BEP20 Token with completely new tokenomics, utilities and goals. (Are we getting into Metaverse? Mmmm..leaving that a suspense for you all)
- ANTX is now officially a deprecated token, since we are upgrading to AstraVerse!
- There are 2 ways AstraVerse will be distributed:
- Community Distribution (For the current ANTX holders).
- Presale on PinkSale platform.
Why are we upgrading from ANTX to AstraVerse?
Antariksh was launched with a vision to disrupt the crypto market by providing real-world utilities like ANTX Cash, ANTX Pay which were never-seen-before services and managed to reach 180x the price from its launch price! ANTX gained a decent amount of international traction, but the crypto world was fast changing and we needed to change with it.
So, the ANTX Team, having loyalty as one of our pillars, planned something better for the existing investors(and of course the new ones). In order to overcome the previous limitations we decided to upgrade the token to a completely new identity along with a new smart contract, tokenomics and utilities.
How is this going to benefit ANTX holders?
As a commitment to the loyal ANTX holders, investors will be getting the new tokens at a lower price than the launch price. This will ensure that their principal investment is recovered while also having the potential to make great profits. The remaining liquidity of ANTX will be moved to the new AstraVerse pool.
How is it being done?
AstraVerse tokens will be distributed according to the number of ANTX tokens everyone was holding during the snapshot we took on 24th December 2021 at 5.30pm UTC. We will have 4 Tiers which the investors can choose from:
- Tier 1 will have a long vesting period with a higher percentage of AstraVerse tokens received (Highest Return on Investment)
- Tier 2 will have a medium vesting period with a lower percentage tokens than Tier 1.
- Tier 3 will have a short vesting period BUT will receive lower percentage of AstraVerse tokens compared to Tier 1 and Tier 2.
- Tier 4 will be ONLY APPLICABLE for people having less than or equal to 2 billion (2,000,000,000) ANTX tokens. These tokens will be completely unlocked and distributed as per the launch price (PancakeSwap price). People having less than 2 Billion tokens have a free choice to select vesting tiers as well in case they choose to.
Refer the image below:
The vesting schedule has changed for ANTARIKSH holders. Please check below for details.
Tier 1 (Vesting reduced from 5 months to 4 months)
At launch unlock : 16%
Unlock every 30 days for 4 Months : 21%
Tier 2 (Vesting reduced from 4 months to 2 months)
At launch : 16%
Unlock every 30 days for 2 months : 42%
Tier 3 (Vesting reduced from 3 months to 1 months)
At launch : 40%
After 30 days : 60%
Whats the process to get your AstraVerse Tokens?
- ANTX Team will create 4 new wallets. Each wallet will be associated with a Tier. These details will be shared with everyone by the team over Discord/Telegram.
- Depending on which Tier you choose, you will need to send ALL your ANTX tokens to the respective wallet.
- YOU CAN CHOOSE ONLY ONE TIER. SPLITTING YOUR TOKENS WITHIN DIFFERENT TIERS IS NOT ALLOWED. If anyone is found moving tokens between different tiers, their wallets will be blacklisted.
- Wallets that buy/sell/transfer ANTX tokens will continue to be blacklisted till AstraVerse Launch.
- Everyone will be given enough time to send in their ANTX tokens. Please keep checking the announcements.
- Depending on the number of ANTX tokens we receive in the wallets, the AstraVerse tokens will be airdropped to your wallets before the PancakeSwap launch. More details on AstraVerse token distribution will be shared soon (specifics of how much tokens you get, how the calculation is done)
Specifics and ROI:
To break it down to the specifics,
- The percentage of AstraVerse tokens will be distributed depending on the Tier you choose. Refer to the image below to see the percentage for each Tier.
- Lets take an example. If you send 25,000,000,000 (25 Billion ANTX) in Tier 1, the AstraVerse token amount you get is 60% of 25,000,000,000 divided by 10,000.
- Why are we dividing by 10,000? The total supply of ANTX was 30 Trillion and the total supply of AstraVerse is 3 Billion which is 30 Trillion divided by 10000.
- Hence, 60% of (25000000000/10000) = 1,500,000 AstraVerse Tokens.
- Similarly, if you choose Tier 2 you get 50% (1,250,000 AstraVerse) and with Tier 3 you get 40% (1,000,000 AstraVerse) tokens.
Below is an illustration to explain the Return of Investment i.e how AstraVerse investors will benefit from the token swap along with tier specific token percentage.
The tier system and percentages were decided keeping in mind a great ROI for our community and also to avoid major dumps in AstraVerse chart.
In the upcoming announcement, we will be announcing the token swap schedule along with Tier specific wallet addresses where you will have to send your ANTX tokens. Also, please wait for the official announcements to be made regarding the Pinksale presale date and launch date!