$TREAT Holders, It’s Time to Evolve — Enter $LN
What began as a simple experiment quickly became a breakout success. At the launch of Taproot Assets on mainnet, $TREAT and $TRICK were introduced through a free airdrop — over 8,000 individuals received the airdrop. At their peak, each airdrop reached a value of $20,000.
Now, the Lnfi Genesis Event marks the next chapter. $TREAT holders can swap into $LN — not just a change, but a true upgrade.
After the TREAT token swap, its role will evolve from serving solely as the utility token of LN Starter to becoming the full protocol token of Lnfi, powering LN Exchange, LN Node, LN Starter, and other Lnfi products. Its utility and functionality will be significantly expanded.
About $TREAT Swap
The $LN allocated for the TREAT-to-LN Swap will make up nearly 40% of the circulating supply — by the end of Month 3, when all $LN from the swap (across all swap options) have fully entered circulation.
You’ll be able to choose from three swap rate options, each with its rate, initial unlock at Genesis, and linear vesting for the remainder.
Reminder: All $TREAT must be swapped by 31 Aug 2025, 23:59 UTC+8.
Redistribution of Unswapped $LN
Remaining unswapped $LN will be used to replenish the Treasury Fund — supporting our long-term commitment to the community
The Treasury Fund will be allocated to:
- Distribute to $LN holders who previously experienced losses on Lnfi
- Reward long-term contributors, including $TREAT holders, $LN holders, LN Node operators, and others
Note: All distributions will be subject to eligibility criteria determined by the Lnfi team, which reserves the right to modify the rules and conditions at its discretion.
Update:
The $TREAT-to-$LN Token Swap officially ended on 31 Aug, 23:59 UTC+8. A total of 28,498,995 $LN remains unswapped — the community voted to decide what happens next.
A) Burn it
B) Trade Mining Program
See the poll here: https://x.com/LnfiNetwork/status/1962432784892649735
How to swap $TREAT to $LN
https://docs.lnfi.network/user-guides/token-swap
*We will announce the exact time for the Token Swap in a separate update.
