Introducing $AFEN Token Migration: A New Era for the AFEN Ecosystem

2 min readJun 10, 2024


The journey of $AFEN has been a remarkable one, marked by incredible highs and challenging lows. Through it all, our resilience has remained unwavering, and today, we are excited to announce a major step: transitioning to a more advanced and improved token.

Introducing AFEN V2

We are pleased to announce the forthcoming migration to a new governance token, marking a pivotal step in our restructuring process. This transition is vital for the future growth and success of the AFEN network, and we are committed to ensuring it is seamless for all stakeholders.

The new token will be the cornerstone of our evolving ecosystem, bringing enhanced features and benefits that align with our long-term vision.

Enhanced Tokenomics: Utility and Governance:

One of the key highlights of the new token is its greatly improved utility, which includes extensive governance features for the AFEN launchpad platform (coming soon). Token holders will have special privileges, allowing them to take part in platform governance and access several innovative projects within the broader web3 ecosystem.

Migration Process for existing $AFEN Holders:

To ensure a smooth and efficient transition, current $AFEN holders will be required to undergo a verification & transfer process. We will provide comprehensive instructions on the verification process to guide existing $AFEN holders through each step, ensuring a straightforward and secure transition.

Staked Tokens Withdrawal:

We urge all holders with staked $AFEN tokens to withdraw them before July 31, 2024. This step is critical to ensure that all existing token holders can participate in the verification process without any issues.

After the July 31st deadline, we will no longer offer technical support for withdrawing the old token. Please refer to the X annoncement for detailed unstaking instructions.

If you encounter any issues or have already submitted queries for technical support, rest assured that we are actively addressing all requests. For new queries, kindly submit a request via the official Telegram support channel.

Commitment to Our Community:

We deeply appreciate your patience and cooperation as we navigate this significant transition. Our goal is to build a stronger and more resilient ecosystem that benefits all stakeholders. Your continued support and engagement are vital to our success, and we are committed to making this migration as seamless as possible.

Stay tuned for more details and updates as we move forward together into this exciting new chapter for AFEN. Together, we will build a brighter future for our ecosystem.

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