# How to exchange Proxy Tokens for $SHARDS

**Starting 5 September, 12 UTC**, The legendary El Crypto and his notorious crime syndicate have made their way to Murrlandia – and they’re here to help you turn your Proxy Tokens into valuable $SHARDS Tokens!&#x20;

### How to Get Started (for new users)&#x20;

1. [Download World Shards](https://client.cdn.lowkick.gg/win/installer.exe)
2. Log into the game and link your Open Loot account
3. Finish the tutorial and visit the free island twice. **Once done, the city location will be unlocked for you!**

### How to find Token vendor – El Crypto

Teleport to the city using the Crystal on your Home Island. Somewhere in the city, El Crypto’s syndicate is waiting – the only place where you can trade your Proxy Tokens for $SHARDS. Find their vendor, strike a deal, and walk away with your tokens!

### How to Convert Proxy Tokens to $SHARDS Token

When you first interact with the vendor, your personal exchange limit and rates will be calculated. These limits refresh every 24 hours.&#x20;

* **Daily conversion cap:**
  * Minimum: 100 Proxy Tokens
  * Maximum: 3,000 Proxy Tokens
* You can **convert up to 1%** of your Proxy Tokens balance per day

⚠️ **Conversion cannot be reversed**: Once converted, $SHARDS Tokens cannot be exchanged back into Proxy Tokens.

### Conversion statistics (expected)&#x20;

The system is designed so most players will exchange their Proxy Tokens gradually:&#x20;

* \~ **66%** of players will finish converting their Proxy Tokens in **under 1 month**
* \~ **5%** will take **about 2 months**
* \~ **28%** will complete **within 100 days**
* \~ **0.07%** of players may need **more than 100 days**

This ensures a fair and balanced distribution of $SHARDS in the economy.

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