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Migrating Fantom (FTM) to Sonic (S): A Step-by-Step Guide

This guide will assist you in understanding and executing the migration process from FTM to Sonic

Matt avatar
Written by Matt
Updated over a week ago

As of December 2024, the Fantom Foundation has initiated the migration of the Fantom (FTM) token from the Fantom Opera network to the new Sonic (S) token on the Sonic network.

Overview

  • Migration Rate: 1:1 (FTM to S)

  • Deadline: No set deadline; FTM on Fantom Opera remains operational for the foreseeable future

  • Migration Tool: Sonic Labs' upgrade portal

  • Wallet Requirement: MetaMask (or compatible Web3 wallet)


Migration Steps

1. Set Up MetaMask

  • Download and install MetaMask from metamask.io.

  • Set up your wallet or import an existing one using your secret recovery phrase.

2. Add Fantom Opera Network to MetaMask

3. Transfer FTM to MetaMask

  • If your FTM is held elsewhere (e.g., another wallet or exchange), transfer it to your MetaMask wallet on the Fantom Opera network.

4. Access Sonic Labs' Upgrade Portal

5. Initiate the Migration

  • Once connected, specify the amount of FTM you wish to migrate.

  • Confirm the transaction in MetaMask.

  • The portal will swap your FTM for S tokens at a 1:1 ratio.

6. Add Sonic Network to MetaMask

  • To view and manage your new S tokens:


Important Considerations

  • Security: Always safeguard your secret recovery phrase and private keys. Never share them.

  • Compatibility: Ensure you're using the official Sonic Labs portal to avoid phishing scams.

  • Support: Easy Crypto does not currently support the Sonic network. Ensure compatibility before proceeding.


Additional Resources


If you have further questions or need assistance, feel free to reach out to Easy Crypto's support team using the chat bubble in the corner of your screen or via email at [email protected]

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