Hi Tokonauts,
Tokocrypto will support the Fantom (FTM) token swap and rebranding to Sonic (S).
We will delist all existing FTM trading pairs (FTM/BTC, FTM/BNB, and FTM/USDT) on January 13, 2025, at 10:00 AM WIB, and cancel all pending FTM trade orders.
Tokocrypto will open trading for S/BTC, S/BNB, and S/USDT trading pairs on January 16, 2025, at 3:00 PM WIB.
Key things to note:
- Tokocrypto will delist and cease trading on all trading pairs for Fantom (FTM) on January 13, 2025, at 10:00 AM WIB.
- The delisted trading pairs are: FTM/BTC, FTM/BNB, and FTM/USDT.
- All trade orders will be automatically removed.
- Please ensure you allow sufficient time for your FTM deposits to be fully processed before this time.
- After the swap process is complete, we will make a separate announcement to inform users when S token deposits and withdrawals will be opened.
- After the swap process is complete, FTM token withdrawals will no longer be supported.
Tokenomics Changes
- The initial circulating supply of S will be approximately 2.88 billion, with a total initial supply of 3.175 billion, matching FTM at the Sonic chain launch.
- Total S Supply: Will increase and be capped at 15% until 2031 (excluding block reward).
- The annual inflation rate will reach 1.75%, four years after the Sonic chain launch.
- More information can be found here.
Token Swap
- The FTM token will use the ticker S on Tokocrypto.
- All FTM tokens will be swapped to S at a ratio of 1 FTM = 1 S.
- Users can refer to the announcement from the project team for more information: Sonic Mainnet Launch
Thank you for your support!
The Tokocrypto Team
Stay tuned for further updates on all official Tokocrypto channels:
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