Haotian
Haotian|Nov 19, 2025 02:54
"Woke up and a friend asked me what to do if PAYAI hasn’t migrated yet? Here’s what I found out: 1. If you complete the migration before the deadline on the 18th, you can burn your MFT token certificate to exchange for the new PAYAI token. 2. For PAYAI tokens that haven’t migrated after the deadline on the 18th, the project team says there’s a 90-day grace period, but the migration process will deduct a 5% penalty (after 90 days, the tokens will automatically go to the treasury). 3. Tokens purchased on CEX will automatically migrate, no need to worry. But for tokens purchased on DEX, make sure the “balance” was snapshotted before the 18th to qualify. You can still migrate during the grace period with the penalty. 4. Right now, there’s a 30x price gap between the old and new PAYAI pools. Holders in the old pool who don’t understand the rules are panic-selling, ruining their chance to escape during the grace period. And don’t think you can buy cheap tokens from the old pool to “arbitrage”—the project team clearly stated that tokens bought after the snapshot won’t qualify. 5. As for the 30% of tokens that haven’t migrated, how much will migrate with penalties and how much will end up in the project treasury will only be clear after 90 days (the project team’s control ratio will obviously increase significantly). But seriously, for those panic-selling at low prices without understanding the rules—maybe it’s time to switch industries." #PAYAI #Crypto #Migration #Blockchain
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