$seedTABI
What Is seedTABI?
- seedTABI is a non-transferable token on Ethereum that represents your future entitlement to TABI on TabiChain’s mainnet.
- It cannot be traded or transferred but acts as a placeholder for eventual TABI.
How Does It Become TABI?
- Claim & Burn: After a specified time, you burn your seedTABI to instantly receive a percentage of TABI.
- Tiered Conversion Schedule:
- 0–89 Days: Get 20% TABI, 80% burned
- 90–179 Days: Get 30% TABI, 70% burned
- 180–269 Days: Get 50% TABI, 50% burned
- 270–330 Days: Get 70% TABI, 30% burned
- Beyond 330 Days: 100% TABI (no burn penalty)
Why Non-Transferable?
seedTABI is meant only to track your eventual TABI allocation. Restricting transfers prevents speculation before mainnet issuance.
KYC & Harvest
- Users may need KYC clearance to claim seedTABI and convert it to TABI.
- If KYC fails, you may lose eligibility to convert.
Example
- You have 10,000 seedTABI.
- If you convert at day 100, you get 30% = 3,000 TABI, and the remaining 7,000 seedTABI is burned.