Dear all,

Giottus has completed the migration of Safemoon V1 to V2. There was a token swap for all users with the ratio of 1000:1. This is a planned global migration of the token that we have facilitated for our users.

After this token swap, the value of the new SFM token is different from that of the old SFM token, considering multiple factors that impact the price.

More details on this can be found on the Safemoon website https://safemoon.net/faq

Till the time all exchanges do the migration, we expect price volatility for the token. We advise all users to not sell in panic and wait for the migration to complete globally.