> For the complete documentation index, see [llms.txt](https://docs.teadao.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.teadao.money/products/ptea.md).

# PTEA

$PTEA holders have the exclusive opportunity to participate in a first-come, first-served mechanism, allowing you to swap your $p-TEA for $TEA tokens at favorable rates. This campaign offers a fair and rewarding process for $p-TEA holders, incentivizing their continued support and participation in TeaDAO’s ecosystem.

**The swap rates are as follows:**

* **For the first 50,000 $p-TEA: 1 $p-TEA + $1 = 1 TEA**
* **For the next 100,000 $p-TEA: 1 $p-TEA + $2 = 1 TEA**
* **For the remaining $p-TEA: 1 $p-TEA + $2.5 = 1 TEA**

This mechanism ensures that early supporters and p-TEA holders have the opportunity to swap their tokens for $TEA at favorable rates, further strengthening the community and aligning incentives for continued growth and participation.