Unit Protocol
$COL -> $DUCK Migration
Prior to Summer 2020, Unit Protocol was known as ThePay.cash and used the $COL token for governance, staking, and as collateral for minting $USDP. After some time, it became apparent that this brand didn't capture the core concept of the project, and Unit Protocol was born.
As part of the transition, a governance vote took place which resulted in $COL token migrating to the new $DUCK token for governance of Unit Protocol. Along with this migration came a decision to do a split, resulting in a 100:1 ratio from $COL to $DUCK.
A special migration DApp was developed to facilitate swapping $COL to $DUCK tokens.
Last modified 17d ago
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