Saitama V2 calculations messed up

Koinly Support
1

Describe the problem:
There is token called Saitama and recently they created a new token (with same name) and Swap Ratio was 1,000,000 old token=1 new token
The New token contract :0xce3f08e664693ca792cace4af1364d5e220827b2;
so the way it was handled was they took the old coins and replaced the new tokens. but for some reason instead of a debit and credit of new tokens, I can only see two credits to the account and hence the calculation is all messed up.

Which exchange/wallet is this regarding?

How did you import data into this wallet?
API

What have you tried to fix this so far?
Manual entry

2

Any updates on how to solve this challenge as I’m having the same problem.

3

Hi @VM1 and @_Narimus,

Thank you for your patience on this! :raised_hands:

To change the Saitama v1 for the new V2, please follow along with the instructions from our Rebase/Swaps article.

When a token goes through a rebase (DOT, AMPL, REBASE etc)

For these cases you will need to add some manual transactions.

  1. Create a manual withdrawal transaction for the total balance of this coin in your wallet (before the rebase) and mark this withdrawal as ‘Lost’ so that no gains are realized.
  2. Create a manual deposit equal to the new quantity (after the rebase)
  3. Edit the value of the deposit transaction to match the cost-basis displayed by Koinly on the withdrawal transaction.

Here’s a more in-depth article which shows how this works with screenshots (this article is for ICO’s but swaps are handled in the same way): https://help.koinly.io/en/articles/3732271-how-do-i-enter-ico-transactions

This will ensure that your cost-basis is tracked correctly after the rebase. This method works well for DOT rebases but for currencies like AMPL that undergo a rebase every day, this might become too time consuming. We are working on adding support for such elastic supply tokens. :+1:

If you would like further assistance, or have any questions, please connect with our support team. They’re happy to help at anytime at any step! :handshake:

Have an awesome day!

4

Thank you, will try it.