Migrate.Fun Support

x.com/i/article/2023…

migration update: a new chapter for michi is fast approaching starting February 24th. please view below for a list of FAQs with more updates to come as they become available. Q1: When does migration start? A1: The migration window for deposits of old michi tokens STARTS on February 24th at 1PM EST and ENDS March 10th at 1 PM EST. During this period, holders must deposit their old michi tokens for “migratefun receipt tokens” MFTs. After the migration window ends on March 10th, there will be a 90-day CLAIM PERIOD where holders can claim new michi tokens with their MFTs. (this means you cannot claim until AFTER March 10th). Q2: Where do I go to migrate starting February 24th at 1PM EST? A2: migrate.fun/project/mig139 THIS IS THE ONLY LINK FOR MIGRATION, PLEASE STAY SAFE FROM ALL OTHER SCAM LINKS AND UNSOLICITED MESSAGES. Q3: What if I miss the migration window / claim period? A3: If you miss the migration window but are WITHIN the 90 day claim period, you can still migrate your tokens at a 5% penalty through the migration link. If you miss the migration window AND are OUTSIDE the 90 day claim period, please DM @jex_crypto for manual review of your specific circumstance. We will make all efforts to migrate holders on a case-by-case basis. Q4: What will new token price start at? A4: New michi price will start at the snapshot price of old michi token at the end of the migration window on March 10th. Q5: What will ratio of exchange be? A5: Old michi will be swapped 1:1 for new michi. Q6: What will total supply be? A6: Total initial supply will be 1B with 450m~ to be burned once the 90-day claim / lock-up period ends to match the supply of the old michi. Q7: Will supply of the new michi be burned? A7: Roughly 450m of new michi will be burned once the 90-day claim period ends and the excess tokens are released from the migrate.fun vault. During the 90-day claim period, the migrate.fun vault LOCKS THE TOKENS AND DO NOT PERMIT ANY SELLS / TRANSFERS/ BURNS OR ANY OTHER ACTIONS AND THE TOKENS WILL NOT BE IN CIRCULATION. Q8: Will the reclaimed SOL from old michi LP be available to use to buy new michi tokens during the claim period? A8: YES! All excess reclaimed SOL after reaching target starting price can be immediately used to BUY and ONLY BUY new michi tokens. Q9: What happens to tokens held on CEXs? A9: We are currently coordinating with all CEXs and have submitted the necessary information to undergo their respective internal review processes. However, due to most CEXs being based in Asia and observing the Lunar New Year holiday, response times are expected to be delayed. To ensure a stress-free migration, holders can move their old michi tokens on-chain for migration. We will provide updates on each CEX’s status pertaining to migration as they become available. Q10: What is stopping someone from selling before migration, buying back after migration for cheap, and swapping for new michi tokens? A10: Once the migration window ends, a snapshot will be taken of the old michi token. Any old michi tokens purchased after this snapshot will not be eligible for migration. Q11: How will creator fees be used? A11: All creator fees will be used for the benefit of the token and its community with full transparency. A weekly report of how every single dollar spent from creator fees will be released for community audit and transparency. More details regarding specific percentages set aside for initiatives such as buybacks / listings / art / marketing / community rewards / etc will be released closer to migration as we continue to work out the details. Q12: Should I buy before or after migration? A12: No one can answer this question for you. However, expect greater volatility on the new michi token during launch versus old michi token at the present. Q13: What happens to unclaimed tokens? A13: All unmigrated tokens will be locked during the 90-day claim period after which they will be released to the team and kept in a treasury. for more details on the decision-making process and in-depth rationale behind migration, please read the quoted article. as always, please stay safe and do not click on any scam links, and that team members will never dm you first. gmichi.

x.com/i/article/2022…