FTM [Native] > S [Sonic] Migration

[Shane1]

Hi,

This will be my first time doing a Migration. Since FTM is being delisted from my understanding, we would need to migrate to ‘S’ Sonic tokens.

How would I manually record this & Label in Koinly App so I’m Not getting double taxes? Since a DeFi Swap is considered a Taxable event in Canada. And Migrations should Not fall under this.

It’s vague on how I should include this for book keeping to send to my accountant.

Thanks,
S.

[Aria_Koinly]

Hi @Shane1

Refer to the guide below to document the migration:

Token rebases and symbol swaps (AMPL, DOT, BTT)