DAR Open Network initiates a token migration from $DAR to $D starting June 1, 2025, impacting multiple blockchain platforms.
Details of the $DAR to $D Migration
The DAR Open Network initiated a migration from $DAR to $D effective June 2025. This process maintains the original tokenomics, keeping the total supply at 800 million tokens. The DAR Open Network Team stated that 'the token release plan will follow the same structure as the original DAR Token with no modifications,' emphasizing their commitment to stability. Token holders are required to burn $DAR in exchange for $D at a 1:1 rate through the official portal, aimed at ensuring continuity without changing the economic structure.
Current Market Trends of $D Token
$D token is currently trading at $0.031, showing a bearish trend. Market predictions suggest a drop to $0.023 by July. This migration plan results from active community voting. Analysts predict enhanced cross-chain support as the migration spans Ethereum and BNB Smart Chain, following a community vote with a 50:50 ratio.
Lessons from Web3 Gaming Migrations
Similar events in web3 gaming projects often caused temporary liquidity disruptions. However, stakeholders practiced robust governance voting and adaptation of cross-chain support for sustainability. Experts from Kanalcoin suggest that the migration will require diligent governance and careful volatility management, highlighting the critical importance of maintaining community trust and transparency throughout all phases.
The token migration initiative in the DAR Open Network underscores the importance of community involvement and the need for managing market volatility, which may significantly impact the future of the platform.
