Migration Airdrop
All PacketCrypt proof-of-work mined coin supply (“PoW”) holders are eligible to migrate their coins to PKT on Base. Eligible migrated coins will be airdropped on a 1:1 basis, based on a snapshot taken on August 21, 2024 at 8am Pacific Daylight Time (“Snapshot”).
One third (⅓) of each eligible PoW coin holder’s wallet balance will be redeemable in a 3 phase migration airdrop. In Phase-1, PoW holders will receive 100% of PoW coins that were on deposit on BitMart and MEXC centralized exchanges at the time of the Snapshot. Coins held on an exchange will be swapped 1:1. For anyone that has coins on the exchange that wants to swap PKT on Base back into their PoW coins can fill out this form to follow the process to do this.
1.53B tokens will be eligible for migration in Phase-1 upon Launch. 1.53B tokens will be distributed in Phase-2, 6 months after Phase-1. 1.53B tokens will be distributed in Phase-3, 6 months after Phase-2.