App Token Migration
This page outlines token migration options for apps from Fantom Opera to the Sonic chain.
It provides comprehensive guidance for both token holders and project owners regarding their migration options.
Instructions for Token Holders
The official Sonic Labs upgrade portal will facilitate the FTM to S upgrade on a 1:1 basis.
For the first 90 days after Sonic's launch, you'll be able to swap between the two tokens freely. After this period, swaps will only be possible in one direction, from FTM to S.
Official Migration Contract Timeline
Initial period
90 days
Two-way FTM ↔ S
Full flexibility
Final phase
Indefinite
One-way FTM → S
No reverse conversion
CEX-Held FTM
If you hold FTM on a centralized exchange, we’re collaborating with major exchanges to enable users to upgrade FTM to S directly on their platforms. Stay tuned for updates from the CEX where you hold your FTM.
Alternatively, you can withdraw your FTM to Fantom Opera and upgrade to S through our upgrade portal.
Staked FTM
Users will be able to unlock their staked FTM and bridge immediately to Sonic following a 24-hour withdrawal waiting period. The new Sonic staking system features:
Withdrawal period
14 days
Minimum stake
1 S
LP Positions
If you hold liquidity positions, you'll need to:
Break existing LP positions on Fantom
Migrate each token individually following their specific processes
Recreate your positions on Sonic
Other Token Holders
Contact your token's project team to learn their specific migration plan. Each project will choose between migration options such as:
Bridge migration through LayerZero
Airdrop migration based on snapshots
Hybrid approach combining both methods
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