At any time, NEC holders can choose to burn their NEC tokens and claim their share of the ETH held by the necDAO treasury wallet.

The below video guide shows you how to calculate how much ETH you will receive for each NEC token that you burn, as well as walking you through the approval and burning process by interacting directly with Etherscan.

Step 1:
Approve the NEC token contract, allowing the necDAO treasury address to 'spend' your NEC

*The amount of NEC must be multiplied by 10 to the power of 18.

Step 2
Burn your NEC tokens

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