Note: DARC-BEP2 can also be written as DARC 087. When we mention DARC-BEP2 it means we are talking about DARC in its BEP2 version on the Binance chain and DARC-087 is the name provided for DARC on the Binance chain. DARC-BEP20 refers to the version of DARC on Binance Smart Chain.
Konstellation Community: we have a big announcement regarding a DARC token airdrop. See details below for more information!
💥DARC Airdrop Details
We are prepping for the DEX exchange listing and other plans to strengthen the DARC token ecosystem via the Konstellation Network. In an effort to provide more options for token holders to use DARC and to support the soon-to-come DEX listing on PancakeSwap, we have airdropped a new DARC token that is DARC-BEP2 that will be used officially moving forward.
The ratio for the airdrop will be 1:1 meaning that for every DARC -24B you have, you will receive the same amount in DARC-BEP2.
With the latest DARC token airdrop, you are able to swap this new token (DARC-BEP2) to DARC-BEP20 (token used on the Binance smart chain) through the Konstellation or Binance Bridge, which can be managed via binance extension wallet and used on PancakeSwap or other Binance Smart Chain dapps.
You won’t be able to see your DARC-BEP2 in your DARCwallet. In order to see the DARC-BEP2 token, you need to export your private key from your DARC wallet to Binance wallet web extension (and later Hubble wallet).
We will share a guide on how to use the Konstellation Bridge to swap your new DARC-BEP2 tokens for the DARC-BEP20.
- The next upgrade of the Konstellation Bridge, will support DARC-ERC20 swap features, which will be released in line with the next DEX listing.
👉🏼 You can visit the How To See Your Airdrop Tokens tutorial here.
Why Airdrop? Why do we have to swap?
First, holders won’t have to do anything in order to receive the new DARC. Airdrop will directly happen in their wallet at 1:1 ratio.
Holders will need to create a new Binance extension wallet or to import into the Binance wallet extension or to import their private key from their DARC wallet in order to see the new DARC-BEP2 tokens in the Binance extension wallet. A tutorial will be provided to ensure holders can see the airdropped token that they received. The airdrop will enable the first step toward preparing for the DEX listing on PancakeSwap to take place.
Having a DARC-BEP2 (token airdropped) and DARC-BEP20 (token that will be received in case of a swap on binance smart chain) and DARC Native (DARC used on Konstellation Network) will make transactions much easier between blockchains. DARC-BEP2 is the only token compatible with BEP-20.
This airdrop needed to be aligned with the release of the swap feature as well as the pancake listing for DARC.
Will tokens be burned?
Yes, we will proceed to a first token burn of 51 million DARC that will reflect the tokens that haven’t been sold during the pre-sale. Other burns are planned but we currently don’t have information on the number of tokens and the dates.
How do I know which DARC to use for the Swap/Bridge?
It depends which way you want to send your DARC and what you want to do with it.
- DARC native is the version that will be used on the Konstellation network (staking, DARC use cases like Alkemy, VegaX…).
- DARC BEP2 is the version that will be airdropped on the Binance chain.
- DARC BEP20 or DARC-087 on Binance smart chain is related to the Binance smart chain Daaps. So if you want to use your tokens on Pancakeswap then DARC-BEP2 will need to be swapped into the Binance smart chain counterpart. (DARC-BEP20)
Example 1: I have bought DARC on Pancakeswap and want to stake it on Konstellation network. Then a swap from DARC (Binance smart chain)-BEP20 => DARC native will be needed.
Example 2: If you have DARC in your Konstellation wallet that you want to use on Pancakeswap then a swap from DARC native => DARC-BEP20 will be required.
Example 3: I have received the DARC BEP-2 airdropped and want to send them on Hubble. You will need to transfer your DARC BEP-2 for DARC native using the Konstellation network.
What is the Konstellation bridge?
Konstellation bridge is the interface that will allow DARC holders to swap their DARC-BEP2 <> DARC-BEP20 (Binance smart chain) at first and also enables transfers of DARC to the Konstellation network blockchain
with the DARC native version. BEP-20 > Konstellation DARC swap (one way) is also possible using the Konstellation bridge.
We will also implement swaps with other blockchains such as Ethereum and Solana.
Is the new token still called DARC?
Yes. The old token was DARC-24B, the Airdropped token is called DARC-BEP2 (which can also be written as DARC-087) and is on binance chain and the other version on Binance smart chain is DARC BEP-20. Darc used on the Konstellation network will be called Konstellation DARC.
Will there be an ERC20 version? If so, when?
Yes, we don’t have a date for that implementation yet. But a swap to the Ethereum blockchain is on our roadmap.
Will this be listed on Uniswap next?
Once we enable the swap with the Ethereum blockchain we will be able to be listed on Uniswap.
What is going to happen to DARC wallet? Do we need to use a different wallet?
You will be able to see your DARC-BEP2 using your DARC-24B private key in DARC Wallet and exporting it on the Binance wallet extension. We are working on Hubble wallet which is going to replace DARC wallet. Hubble will bring a lot of upgrades for the Konstellation wallet. The migration from DARC wallet to Hubble will be easy.
You will need to create a Hubble wallet that will be a web wallet. It will allow you to interact with the Konstellation network. Then you will need to send your DARC-BEP2 from your Binance chain wallet to Hubble.
Will there be another airdrop?
We have no additional airdrops planned at this time.