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Steps on how to claim SOT and stake SGT ?

Amanda
  • Updated

This article will guide you through the steps from obtaining SOT to staking SGT to xSGT.

BEFORE STAKING:

To exchange SGT for shares, the following conditions must be met:

  • Conversion of SOT1, SOT2, and SOT3:

    • SOT1, SOT2, SOT3 must first be converted to SGT.

  • Staking Period:

    • Stake your SGT tokens during the specified period:
      December 28, 18:00 to January 1, 0:00 (Japan Standard Time).

  • Important Note:

    • This information is accurate as of December 27, 2024. Ensure you complete the staking process within the designated timeframe.

Please note the following when replacing SOT with SGT or staking SGT: 

  • We will consider listing on the stock market, but listing is not at our sole discretion and we do not promise a listing!
  • USDT is required to exercise SOT to SGT; the amount of USDT required to exercise SOT and earn SGT is determined based on the market price of SGT on the day after the SOT calculation period ends.
  • Once staked, no cancellations are allowed during the staking period

STAKING PROCESS:

  1.  Claim SOT to your Web3 Wallet

You will need to claim the SOTs you have already earned in AMS to your Web3 wallet.
Please refer to the help page below for the acquisition procedure:

How to claim my SOTs to my web3 wallet ? – AI AVATAR Help center

Furthermore, you can only claim those SOTs starting from their release date.
SOTs that have not yet been exercised cannot be claimed to the Web3 Wallet, so please wait until the exercisable period arrives.
The “Release Date” is indicated on each SOT in the AMS Wallet is the date on which the SOT can be exercised.

2. Exercise SOT to receive SGT

Exercise those SOT in step 1 to receive SGT, please refer to this article on how to do it:

How to exercise SOTs for SGT in Web3 wallet? – AI AVATAR Help center

Please note that the prescribed amount of USDT is required in the wallet when converting to SGT.

You cannot purchase USDT within AI AVATAR, so you will need to purchase USDT on an external exchange and send it to your Web3 wallet.

Kindly refer to this article on how to send tokens to your Web3 Wallet: 

How to send tokens to AI AVATAR web3 wallet?(Check my wallet address) – AI AVATAR Help center

3. Stake SGT

Kindly refer to this article on the process of staking SGT: 

How to Stake SGT for Options? – AI AVATAR Help center

NOTE: The procedure in the help page above will be available after 18:00 on December 28, 2024.

 

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