Credit DAO 2.0 Dapp Explaination

Credit DAO 2.0 Upgrade

• Guaranteed Transaction Upgrading

• Swap Function

• Announcement Board

• Grievance Channel

Overall Explaination

Swap Function

Credit DAO has upgraded the smart contract of CD tokens, therefore users need to exchange their old CDs to new ones, the exchange will be 1:1 without any handling fee.

Tips:

1. The old CDs cannot be used for purchasing Credit Vouchers.

2. The airdrop output will be the new CD tokens after the upgrade.

3. The voucher staked before Feb 17 will produce old CD tokens, it is necessary to exchange them for new ones.

Swap Illustration

Voucher Revenue Claiming

Guarrenteed Transaction

In order to faciliate the trading of CD tokens, Credit DAO add a sell order for users.

The details can be chceked in Guarrenteed Transaction.