According to the Fantom (FTM) project team, the Fantom (FTM) tokens will be migrated to Sonic (S) at a ratio of 1 : 1. CoinW will support this migration and provide seamless token swap services for users. If you currently hold Fantom (FTM) on CoinW, no action is required on your part.
CoinW will suspend the deposit, withdrawal and trading services of Fantom (FTM) at 10:00(UTC) on January 12, 2025, and will also delist the FTM_USDT spot trading pair.
CoinW Earn will stop providing FTM flexible products at 10:00(UTC) on January 12, 2025. FTM flexible products will be automatically redeemed and returned to your Earn Account together with accumulated interests. CoinW Earn will assist users in uniformly transferring FTM in the Earn Account to the Asset account to complete token replacement. You can also choose to redeem FTM assets from flexible products and transfer them to asset accounts before.
It is important to note that CoinW will no longer support Fantom (FTM). The listing time for Sonic (S) will be announced separately after CoinW completes the listing review.
Project Team’s Announcement: https://docs.soniclabs.com/sonic/s-token