geny

genyleap

Legendary Builder • Artist | Collector | Author | Full Stack Developer • Working on /genyleap • /geny ecosystem.

https://linktr.ee/compez

just to be clear. If I buy now for example 0.1% of old $geny. Then later I receive 0.1% of the new one?

Important clarification on the GENY migration:

Holding millions of tokens in the old GENY (Clanker-based) contract does NOT directly translate to holding millions in the new GENY.

Why? Because:

- The old GENY had an inflated supply (e.g., 100 billion total).

- The new GENY will have a controlled total supply of 256 million tokens, with 44 million tokens planned to be released at the Token Generation Event (TGE).

So instead of using token count, we’ll use a value-based conversion method. What matters is how much you paid, not how many tokens you got.

For example, if someone bought 10 million old GENY for $5, they will receive the equivalent of $5+ value in the new token, based on the average post-launch market price — not 10 million new GENY.

So what will be the price? How many dollars will you give it to us?

Calculations for older holders will be based on higher prices of old token. :)

https://farcaster.xyz/compez.eth/0x24a1a010

You are absolutely right. But there are people who trust you and have been waiting for months. Let's not cause harm.

No one knows! :)
Everything will become clear over time.
Price is not important to us, quality and efficiency are our priority.