MAD Token to ALCA Token Migration: FAQ

This is the final in a 3-part series written by Troy Salem, VP of Engineering of AliceNet and Matt Barlin, CTO of AliceNet

Q: Why are we migrating from MAD to ALCA?

A: The ALCA token will be an integral part of the Alice ecosystem, and by holding and staking your ALCA, you can participate in the Alice governance system. Read more in our latest Medium article.

Q: How will the migration work?

A: The migration will happen through a web application that will assist all MAD Token holders through the process of swapping MAD to ALCA.

Q: What will the conversion rate be?

A: The initial conversion rate will be ~ 1.5 ALCA per 1 MAD. This multiplier will end on December 1, 2023.

Q: When can I start migrating my MAD for ALCA?

A: You can start converting your MAD to ALCA, as well as stake and lock your ACLA, on December 9, 2022.

Q: Will there be a Deadline for the conversion?

Q: What is ALCA’s Maximum Token Supply?

A: The maximum ALCA supply at the time of launch is 444M, which will increase over time to a total of 1B.

Q: Where can I learn more about AliceNet?

A: If you haven’t already, check out our migration blog post. We also want to encourage you to join the AliceNet discord, follow our AliceNet Update Telegram channel, and go through the new AliceNet website.