Ocean locked in Passive-DF till Jan 2025- Will I be airdropped after the merger or will I be able to swap my tokens after the my VE Ocean has been unlocked? Will I still need to exchange to FET first?
After the merger, veOCEAN will be retired, and each address holding veOCEAN will be airdropped OCEAN based on a specific formula. This airdrop will happen within weeks after the 'yes' vote, and the value is based on a snapshot taken on March 27, 2024. Therefore, you will be airdropped OCEAN and will not need to exchange to FET first [1] [2]. Generated using AwesomeQA AI. Please rate this answer.
Hello! You can now relax The locked tokens will only be available after the lock-up period expires. After lock-up, you will be able to withdraw your Ocean tokens and swap them for ASI
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