According to the DragonSB (SB) team, the old DragonSB (SB) token on BSC will be converted to the new one at a 1:1 ratio based on the snapshot to be taken on February 15, 2023. At the request of the project team, Gate will close the deposit, withdrawal and trading of the old DragonSB (SB) token and implement the token swap for users. If your DragonSB (SB) tokens are currently on Gate, you don’t need to do anything in particular.
Gate will take the following steps to complete the swap:
- Gate has closed the deposit of DragonSB (SB) and will close the withdrawal on February 13, 2023, 04:00 AM UTC.
- Gate will close the trading of DragonSB (SB) on February 13, 2023, 04:00 AM UTC.
- Users who have DragonSB (SB) grid trading should adjust their trading strategies beforehand. Otherwise, they will be terminated automatically by February 13, 2023, 04:00 AM UTC.
- Users who have provided liquidity for DragonSB (SB) in the liquidity mining market should withdraw the liquidity in advance. Otherwise the liquidity will be automatically redeemed by February 13, 2023, 04:00 AM UTC.
- New SBG token contract:
0x5E95A952a7f79f978585aFd54A053aF0f51372Fa（BSC）
Tokenomics:
Total supply of the old SB token: 100,000,000
Total supply of the new SBG token: 10,000,000,000
Allocation of the old SB token:
Seed round: 5%
Private sale: 8%
IDO: 2%
Staking: 10%
In-game reward and airdrop: 30%
Reserve: 5%
Team and ADV: 2%
Liquidity: 5%
Marketing, acquisition and licenses: 10%
Allocation of the New SBG token :
Seed round: 8%
Private sale: 13%
Public sale R1: 0.50%
Public sale R2: 1%
IDO: 2%
IEO: 0.50%
Staking: 5%
In-game reward and airdrop: 25%
Reserve: 5%
Team and ADV: 15%
Liquidity: 5%
Marketing, acquisition and licenses: 20%
Note: Gate will not support the old SB token on BSC after February 13, 2023. The listing time of the new SB GROUP (SBG) token will be announced later when Gate completes the listing review.
Announcement from the project team:
https://twitter.com/sbgroup_finance/status/1621418976051068928?cxt=HHwWgIDQufr9t4AtAAAA
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Gate Team
February 7, 2023
