For detailed information about the migration process, please read our comprehensive Medium article. For real-time updates and community discussions, we welcome you to join our Discord community.
Your EQUAL tokens will be burned on Fantom, and you'll receive equivalent tokens on Sonic. For NFTs, they'll be merged into a single NFT in our multisig (which will later be unlocked and burned on Fantom). LP tokens will be broken into WFTM + EQUAL, with WFTM migrating through Sonic bridge and EQUAL being burned on Fantom. You'll receive equivalent EQUAL+WS LP positions on Sonic.
No, migration from Multi-Sig wallets is not supported. For your safety, please first transfer all assets to an EOA before starting the migration. This is because Sonic's infrastructure currently doesn't support Multi-Sig architecture, which could result in your tokens becoming inaccessible after migration.
No, all NFTs submitted from the same wallet will be automatically merged into one single max-locked NFT on Sonic. If you want to keep NFTs separate, you'll need to migrate them from different wallet addresses. You can easily create multiple addresses in MetaMask or Rabby for this purpose.
No, all migrated NFTs will be automatically max-locked on Sonic. If your NFT is expired, you can withdraw and migrate the liquid EQUAL tokens, then re-lock them on Sonic for your preferred duration.
Your migrated Tokens & NFTs will be claimable through an Airdrop Portal on Sonic chain when it launches. Stay tuned for announcements about the launch!
No, the migration is one-way only. Once you migrate to Sonic, both chains will have independent tokens with separate market valuations. The migration is optional - you can choose to stay on Fantom if you prefer.
You'll keep your assets on Fantom and can continue using Equalizer as normal. Equalizer will maintain both chains in parallel, and veEQUAL on Fantom will continue earning 100% of Bribes, Fees & Revenues from the Fantom deployment.
The EQUAL/WS LP on Sonic will use the EQUAL/WFTM ratio at migration end. Initial LP will be added and airdropped proportionally to Fantom LP migration contributions. While EQUAL will start at the same price on both chains, they'll become independent after migration closes.
The current 10,000 EQUAL/week emissions (governed by ~2,000,000 veEQUAL) will be split based on migrated veEQUAL. For example, if 80% of veEQUAL moves to Sonic, emissions will be 8,000 EQUAL/week on Sonic and 2,000 EQUAL/week on Fantom.