How should I swap my SGA balance to SGR?
Important note: SGA token has lost most of its functionality. If you hold SGA token you should swap them to SGR tokens before sending them to any exchange or other service providers as all of them support only the SGR token. Sending SGA token to anyone other than the swapping address may result in loss of funds.
All SGA holders are invited to exchange their SGA balance to SGR. The exchange is possible once the SGR token goes live - September 9 at 09:00 AM GMT. The Exchange ratio is 1:1, i.e. every SGA token can be replaced with 1 SGR token.
If you hold your token on an exchange you don’t need to do anything. Your SGA balance will be replaced automatically by the exchange to SGR.
If you hold your SGA token in an address you control (i.e. you have the private key associated with this address) you can exchange your SGA tokens to SGR in two ways:
- Approve the exchange smart contract to spend SGA tokens on your behalf. This is done by calling SGAToken.approve(SGAToSGRTokenExchange.address, -1)
- Execute the exchange by calling. SGAToSGRTokenExchange.exchangeSGAtoSGR() this call will withdraw your SGA balance from your wallet and replace it with the same amount of SGR tokens.