> For the complete documentation index, see [llms.txt](https://fomo-lab1.gitbook.io/fomo-lab/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://fomo-lab1.gitbook.io/fomo-lab/fomo-tokenomics/token-swap.md).

# Token Swap

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.&#x20;

**The deposit address is** [**https://f-bsc-deposit.web.app/**](https://f-bsc-deposit.web.app/) **and will be open for deposits from Monday 26th September.**

<figure><img src="/files/JpPd8wAKmhEmR4u8VMzC" alt=""><figcaption><p><a href="https://f-bsc-deposit.web.app/"><strong>https://f-bsc-deposit.web.app/</strong></a></p></figcaption></figure>

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.

<figure><img src="/files/tFgryv98tfMzcq5IptcW" alt=""><figcaption><p>Fomo Lab Claim Dashboard</p></figcaption></figure>

**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).&#x20;

**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.**
