Merging of Token Announcement
In alignment with our roadmap, we are excited to announce the initiation of the token merging process, set to commence this week and be completed by Q2 2024. This strategic initiative will consolidate the Lovely Swap Token and Lovely Inu Token into a single, unified token, significantly enhancing the utility and cohesion of the entire Lovely Finance ecosystem.
To further streamline transactions, the total supply will be adjusted to reduce the number of price decimals, facilitating easier price calculations for users. We are also establishing partnerships with traditional and local businesses/vendors across Asian countries to accept LOVELY tokens as a payment method. The current price structure, with more than five zeros, can cause confusion for payees. To address this, the merger will set the token price to a more manageable level with 4 to 6 decimals, simplifying payments and enhancing the user experience for all transactions with local vendors.
We extend our heartfelt thanks to our partners — HTX, MEXC, Gate.io, BitMart, Bitget, LBank, WazirX, and AscendEX — for their unwavering support in helping us achieve this milestone and driving the successful growth of our project.
In addition to the exciting updates, we are providing all the mandatory information you need below. This includes the smart contract addresses for both the old and new tokens, as well as detailed instructions on how to transfer your coins from one chain to another.
Stay informed and follow the steps to ensure a smooth transition.
OLD Contract Addresses and Details
Token Name: Lovely Inu Finance
Symbol: LOVELY
Total Supply: 75,000,000,000,000
Decimal: 8
Network: BSC, ETH
Contract Addresses
BSC: 0x9e24415d1e549ebc626a13a482bb117a2b43e9cf
Ethereum: 0x9e24415d1e549ebc626a13a482bb117a2b43e9cf
Token Name: Lovely Swap Token
Symbol: LST
Total Supply: 300,000,000
Decimal: 8
Network: BSC
Contract Addresses
New Contract Addresses and Details
Token Name: Lovely Finance
Symbol: LOVELY
Total Supply: 10,000,000,000
Decimal: 18
Deployed on Network: Ethereum
Other Supported Networks: BSC, Polygon, Base
Contract Addresses
Ethereum: 0x0f6d4d4643A514132F84F4a270946dB3c7Cb701C
Binance Smart Chain: 0x93b30F6d5C2EeD35950498f71235A749E6f0540C
Convert Ratio
307,500 OLD LOVELY = 1 NEW LOVELY
0.030750 LST = 1 NEW LOVELY
Lovely Finance ($LOVELY) token is supported on the Wormhole bridge, allowing you to transfer assets across Eth, Bsc, Polygon, and the Base Chain.
Bridge URL: Portalbridge.com
How Do I Convert Old Tokens to New Tokens?
If you hold Lovely Tokens on centralized exchanges, they will automatically be converted into new tokens. We will announce the conversion process shortly for those holding tokens in self-custodial wallets like Metamask or Trust Wallet.
