Announcing Stater x Alpha Dune Token Swap

Stater
2 min readMar 3, 2023

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Stater fam,

We are excited to announce the launch of our new Alpha Dune token, which will serve as the utility and governance hub for our ecosystem of projects including both Stater and Houndrace.

The launch of Alpha Dune marks a significant milestone in our mission to build a more integrated and interoperable Web3 environment that delivers broad utility across all of our projects.

The swap will be beneficial for our community in several ways. Firstly, the Alpha Dune token will serve as a utility and governance token for all of our projects, providing access to exclusive features and benefits across all our products.

Additionally, the Alpha Dune token will be used for governance, allowing our community to have a say in the direction and development of our platform.

At Stater, we are committed to providing our users with the best possible experience. The launch of the Alpha Dune token is a significant step towards achieving this goal. We believe that this swap will be beneficial for our community and will lead to a more seamless and integrated Web3 environment.

Swap Information

  • All Stater (STR) tokens will be swapped with Alpha Dune (DUNE) tokens on a 1:1 basis.
  • Holders that have their Stater tokens in other wallets will have the option to do the swap manually for 7 days and after that period the rest of the tokens will be airdropped to the existing holders that did not participate in the swap at a specified snapshot time.
  • After the swap has been completed, Stater tokens will not be supported anymore across our products.

We would like to thank our community for their continued support throughout this entire period. If you have any questions please do not hesitate to reach out to us on Discord.

Thanks for reading and we hope that you like what we’re preparing for Stater. Stay in touch and follow us on Twitter, Telegram and Discord.

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Stater
Stater

Written by Stater

Building an open-source lending platform for NFT assets. Check out our platform: https://stater.co/

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