$BORG Migration

On October 17, 2023, we will start to migrate our beloved CHSB to the new and improved BORG token. This is a very delicate process and will take several days to complete, during which you will not be able to perform any of the following (trans)actions:

• Subscribe to Premium;
• Buy or sell CHSB;
• Deposit or withdraw CHSB;
• SmartSend CHSB;
• Redeem referral rewards;
• Buy or sell the Best Blockchains Thematic;
• Create new Auto-Invests for CHSB.

You will still be able to create new Price Alerts for CHSB during the migration.

We will maintain a 1:1 ratio between CHSB and BORG, meaning that every CHSB token in your portfolio, including those locked for Premium subscription or vaults, will automatically be converted into BORG. This ensures that the value of the token remains the same.
Note: The long display name of the token remains SwissBorg, only the ticker (short name) changes from CHSB to BORG.

If you are holding your CHSB in the SwissBorg app, you don’t need to do anything; just sit back and relax while the magic happens! The migration is fully automatic and the phases will be communicated in the app. Once all your CHSB tokens have been converted to BORG, they will be available in your Portfolio.

CHSB deposits from external wallets will still be possible after the migration, any CHSB tokens deposited will be automatically converted into BORG following the 1:1 ratio. This procedure might take up to 1 week, so we kindly ask for your patience there. You will be notified when the conversion is completed and the funds have arrived successfully in your account. If it takes longer than 1 week, please contact our Support team so they can check and make sure everything is in order. 
Please note that you might need to close and reopen the app to correctly see your BORG account in the Portfolio tab.

If you are holding CHSB tokens in an external wallet, we strongly urge you to transfer them back to the SwissBorg app before the migration kicks off. Can't download the app? No worries!
We've developed a super-intuitive, onchain migrator website to ensure that your CHSB to BORG transition is smooth.
Just go to Migrate your CHSB to BORG and follow these simple steps:

1. Connect your Wallet

2. Add the token address

3. Migrate your CHSB into BORG

More information about the migration and the BORG token can be found in our Blog article: Embracing DeFi: The CHSB to BORG Migration at SwissBorg