The swap from Fantom (FTM) to Sonic (S) marks the transition to the new Sonic mainnet, with FTM holders able to upgrade their tokens to S at a 1:1 ratio. Valour will manage the entire migration process on behalf of Valour Fantom (FTM) certificate holders, ensuring a seamless transition.
As part of this process, the certificate will be renamed from Valour Fantom (FTM) SEK to Valour Sonic (S) SEK.
It is Valour's objective to add free airdrops of significant value to the NAV (Net Asset Value) of the certificates whenever possible. However, it is important to note that valuable airdrops are often not distributed freely to asset holders. Instead, these airdrops are typically allocated to significant users and contributors to the network as compensation for their active involvement and support of the project. In situations where distributions are based on specific user engagement or contributions, Valour is unlikely to receive these airdrops.
Holders of Valour Fantom (FTM) do not need to take any action, as Valour will handle all aspects of the exchange and integration.