Token Swap
Last updated
Last updated
The $FOMO token will be migrating from Binance Smart Chain onto the Ethereum network, holders of the BSC/FOMO token will get a value-based equivalent token exchange (exchanging FOMO/BSC token to FOMO/ETH at the price of the public round sale @ $0.20 — providing a 20% discount at the launch price of $0.25) plus a 7.2% APR during the period of contract being paused and the $FOMO token getting launched. Upon deposit, the bonus tokens are automatically calculated and added to the claimable balance (vesting applies).
A deposit dashboard will be available strictly for users who will be depositing the legacy token ready for the swap.
The deposit address is and will be open for deposits from Monday 26th September.
Deposit $FOMO BSC tokens to claim $FOMO ETH tokens (the exchange will be done on a value-based equivalent - exchanging the $FOMO BSC token to $FOMO ETH token at the price of the public round sale at $0.20 - providing a 20% discount at the launch price of $0.25).
During the period between the snapshot and token launch, holders will have inherited a 7.2% APR equivalent to the 30 day staking pool that has been automatically added to your balance.
Those that deposit their $FOMO BSC tokens (within the period of 26th September to 27th September 2022) will be able to claim their $FOMO ETH tokens the day after TGE (Token Generation Event) from 8am UTC 29th September.
To claim your $FOMO ETH tokens at TGE, ensure that tokens are deposited by the 27th of September 2022 at 11:59pm, otherwise, any token deposited during the following week will be able to claim the week commencing the next.
Ensure the wallet you hold your $FOMO BSC tokens is connected - the only option is to deposit all tokens held within that wallet in one transaction.
The $FOMO token on BSC will be unpaused on 26th September 2022, allowing holders to unstake from Fomolab.app legacy staking pools or move tokens freely between wallets ready for deposit.
A Claim Dashboard will be available for users to convert and thereafter claim their $FOMO tokens (adhering to the same vesting schedule as the Public Round - 10% will available at TGE and remaining tokens will be vested over a 6-month period via the claim dashboard).
The Claim Dashboard will be going live 2 hours after the Token Generation Event on the 28th of September.
The Claim Dashboard will be going live on the 29th of September at 8am UTC.
The $FOMO token on BSC will be unpaused on 26th September 2022, allowing holders to unstake from Fomolab.app legacy staking pools or move tokens freely between wallets ready for deposit.
