The Fantom Foundation has initiated a transition from Fantom (FTM) on the Fantom Opera network to Sonic (S) on the new Sonic network. This guide provides a step-by-step process to securely migrate your tokens while leveraging ELLIPAL's latest app support for the Sonic network.
Key Benefits of Migrating to Sonic (S)
- 1:1 Token Swap: Exchange FTM for Sonic (S) at an equal rate.
- Enhanced Performance: Sonic network offers improved scalability and efficiency.
- ELLIPAL Support: Seamless migration with updated ELLIPAL app and firmware.
👉 Start your migration now with ELLIPAL's secure tools
Step-by-Step Migration Process
1. Prepare Your Wallet
- Update ELLIPAL App: Ensure you're using the latest version.
- Firmware Update: If using a cold wallet, update its firmware.
2. Add Sonic Network Support
Enable the Sonic network in both your ELLIPAL App and cold wallet settings.
3. Use the Sonic Upgrade Tool
- Navigate to the "Discover" page in the ELLIPAL App.
- Locate Sonic Labs in the FTM&S or Hot Dapp zone.
- Connect your wallet via WalletConnect.
4. Execute the Token Upgrade
- Select the amount of FTM to convert.
- Retain a small amount of FTM for transaction fees.
- Confirm the upgrade.
Migration FAQs
1. How do I migrate ERC-20 FTM tokens?
Use Sonic’s official bridge tool within Sonic Labs to convert ERC-20 FTM to native Sonic tokens.
2. What about other Fantom-based tokens?
- Contact the token’s project team for specific migration instructions.
- Alternatively, swap tokens to native FTM via DEXs like SushiSwap before upgrading.
3. Will my Fantom transaction history transfer?
No. Sonic is a new blockchain without historical transaction data.
4. What are the migration deadlines?
- Two-way swaps: Available until March 17, 2025.
- One-way swaps (FTM → Sonic): Begin March 18, 2025.
- No forced migration: Fantom Opera remains operational indefinitely.
👉 Maximize Sonic's benefits—migrate today
Why Migrate Early?
- Priority Access: Experience Sonic's advanced features sooner.
- ELLIPAL Integration: Simplified process with robust security.
- Future-Proofing: Align with Fantom's ecosystem evolution.
Pro Tip: Bookmark this guide for reference during your migration process. For troubleshooting, consult ELLIPAL's official support channels.
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