SwiftCash is preparing to migrate its legacy cryptocurrency holdings and wrapped tokens to a new native token on the BNB Chain, with a planned 1:1 redemption mechanism designed to accommodate holders across multiple platforms.
The migration will be handled by a dedicated smart contract deployed on the BNB Chain, allowing eligible holders to exchange their existing tokens for the new native $SWIFT tokens at a one-to-one ratio. The snapshot is scheduled for November 25, 2026. Holders should follow official SwiftCash announcements for details on eligibility and the migration process.
Wrapped Tokens on PancakeSwap and Uniswap
Holders of wrapped $wSWIFT tokens traded on PancakeSwap and Uniswap will be able to exchange them for the new native $SWIFT tokens at a 1:1 ratio through the Migration smart contract. The migration is intended to remain available, giving holders flexibility rather than requiring them to act within a limited window.
Legacy SWIFT and HODL Deposits
Legacy $SWIFT UTXOs will also be redeemable at a 1:1 ratio per address through the same Migration contract. There will be no deadline for redemption.
To verify eligible claims, the migration system will use an off-chain claim list, with each entry verified by the smart contract against a Merkle root.
Legacy HODL deposits will follow a similar process, with one important distinction: holders must wait until their deposits mature before redeeming them. This requirement is intended to respect the rules of the legacy protocol.
A Reminder for Hive Engine Holders
SwiftCash is also reminding holders of SWAP.SWIFT tokens on Hive Engine to withdraw their tokens to an address they control. Leaving tokens on a third-party platform may expose holders to the risk of losing access to them.
The familiar cryptocurrency principle remains relevant: not your keys, not your crypto.
Stay Connected
Holders who have questions about the migration can join the SwiftCash community on Discord or Telegram for updates and further information.
The upcoming migration is an important step in SwiftCash's transition to BNB Chain. With a 1:1 redemption mechanism and no deadline for eligible legacy claims, the plan aims to give holders a clear path to the new native $SWIFT token.
Migration details are subject to the deployment and implementation of the Migration smart contract. Holders should follow official SwiftCash announcements for further instructions.
