1. Why is FTM being delisted?
Sonic Labs is replacing the Fantom (FTM) token with a new token, Sonic (S), as part of a broader network upgrade. This migration is aimed at improving the performance, speed, and scalability of the Fantom ecosystem.
2. What are the key dates you should be aware of?
- May 2, 2025 12:00 PM UTC: FTM is delisted.
- May 5, 2025 - May 9, 2025 Sonic (S) will be listed and FTM balances will be automatically converted to Sonic (S).
3. Do I need to take any action to get Sonic (S)?
No. If you hold FTM on our platform at the time of delisting, your balance will be automatically included in the migration. No action is required on your part.
4. Can I sell my FTM instead of converting it?
Yes. If you prefer not to participate in the migration, you can sell your FTM before May 2, 2025, while trading is still available.
5. What happens if I do not sell my FTM before May 2, 2025?
If you do not sell your FTM balances before May 2, 2025 - your FTM balances will be automatically converted to Sonic (S) once the listing in Change is completed.
IMPORTANT TO NOTICE!!! Between May 2, 2025 and May 9, 2025 FTM will not be visible in the app, and you will not be able to sell your balance or buy FTM. Your balance will be visible again in the app on May 9, 2025 the latest under Sonic (S).
If you have any questions regarding the migration from FTM to Sonic (S), do not hesitate to reach out to our Customer Care team at support@changeinvest.com.
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