Recall that late last year, safemoon launch Version 2 fundly refer to as V2.
Like others tokens which automatically migrated all it holders to new version, safemoon requested all Holders of it old version to migrates their tokens to new version on there own.
The migration attracted some Charges, Which is roughly 3 to $4.
This charges is the gas fee, so, it didn’t go to Safemoon pocket.
Due to some Delay or reluctant of same holders to migrates to new version, safemoon earlier this month announced 100% tax for buying and selling of Safemoon V1 Tokens.
This implementations is aimed to force people to migrates to V2.
Now the question is, what is the deadline for the migration?
But with this implementations no one can buy V1 anymore.
Well, for now, safemoon is yet to announce the deadline for migrations, but the company earlier post inform on there official Facebook page disclosing that they have stop taken secure measure of the old contract.
Read the updates from the official Facebook page below
SAFEMOON V2 –
Version 2 of SafeMoon’s contract has released and migration is complete. (see below if you bought on an exchange)
SafeMoon Version 2 allows for all the freedoms needed for the implementation of SafeMoon’s ecosystem and for SafeMoon as an emerging tech company to truly innovate.
The incentive to Buy SafeMoon V1 is completely gone due to the 100% tax implementation of buys, sells and, transfers.
🚨🚨🚨WARNING 🚨🚨🚨
PLEASE READ TO AVOID TOTAL LOSS OF YOUR TOKENS –
Purchases, Sells, and Transfers of SafeMoon V1 are 100% taxed! THE ONLY TWO WAYS to Consolidate to SafeMoon v2 is by using the SafeMoon SWAP via swap.safemoon.net or the SafeMoon Wallet (if you do not hold your SafeMoon on the SafeMoon Wallet DO NOT TRANSFER, import your seed phrase into the SafeMoon Wallet and then proceed with consolidation). Use safemoon.net to locate the Official SafeMoon Wallet app! If you do not use one of these two methods, you will lose all of your tokens!
Hold your SafeMoon on an Exchange?
Partnered exchanges will do the migration for you! DO NOT do the transfer yourself. SafeMoon has been in contact with all partnered exchanges and these exchanges have all they need to do the Migration. SafeMoon does not know when these exchanges plan their migrations and when halting of trading SafeMoon V1 will take place. Please contact your exchange for this information.
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