This token change forces us to sell our FTM tokens. For the owners of Fantom, which we bought a long time ago at low prices, this migration forces us to pay a lot of taxes.
Therefore, part of our assets will have to be diluted in paying taxes.
After the migration I will be forced to transform more than 25% of my position into paying taxes.
If i have $100.000 in FTM, After getting $S, I will have to sell $25.000 just to pay taxes.
And apart from harming me, it harms the ecosystem, since a lot of token is going to be sold to pay taxes.
My proposal is that they leave us a few years to migrate the $FTM to $S token with the 1:1 ratio to be able to decide the exact moment in which we want to sell our position.