Zerogoki Migration goes LIVE
The long-awaited news is here!
Hello Zerogoki community,
Thank you for your patience. After careful preparation, we have completely deployed the Zerogoki migration function in order to facilitate all of you to get the new asset (DUET token) easily. Here is our migration scheme.
The Zerogoki migration period will start from 7:00 AM UTC, April 8, 2022, to 7:00 AM UTC, April 22, 2022 (2 weeks duration). The migration will be based on a smart contract called Voucher (supported by Solv.finance), containing all the claimable DUET tokens and a vesting period of 365 days, on a linear basis.
The actual exchange ratio for each Zerogoki asset (REI and zUSD and other zAssets) into the new Duet asset (DUET token) is based on the voting results by the community through a snapshot. Please check the rate for each individual asset in the table below:
*1 zUSD = 1 USDT
The whole migration scheme consists of different phases:
Phase 1: Users will need to go to the Zerogoki migration page during the time period from 7:00 AM UTC, April 8, 2022, to 7:00 AM UTC, April 22, 2022, and deposit their zAssets or REI to get the claimable DUET allocations. At this phase, smart contracts will record each user’s deposited value.
Phase 2: After the migration action ends, the Voucher which contains each user’s claimable DUET token will be airdropped to the user’s BNB Chain (previously BSC) wallet address. Users will only need to wait for the Voucher to reach their wallets.
Phase 3: Starting from April 23, 2022, day by day, an equal portion of the Voucher will be unlocked. Users can choose to claim the total accumulated unlocked DUET token whenever they want at Solv.finance within or after the vesting period.
Step by step guidance in Phase 1:
- Go to the Zerogoki migration page, and scroll down. Select the token (REI on Polygon as an example) and choose the amount. And click “Approve” and confirm in the wallet.
2. And then click “Exchange to BSC Chain zUSD” and confirm again.
No matter which asset is in the list above or on which chain, once the asset is exchanged to BSC Chain zUSD, we have the record of your asset and will airdrop the voucher to your wallet accordingly.
We will give out clear instructions on how to claim the token on Solv.finance when all users get the Voucher in their wallets. Stay tuned for updates.
Please kindly remember to complete the exchange of all Zerogoki assets into BSC Chain zUSD before 7:00 AM UTC, April 22, 2022. Otherwise, it may cause a loss of assets.
We thank you for following us all long and sincerely look forward to a bright future for all of us in Duet Protocol.
