LFG Migration: Ecosystem Token Conversion Mechanism

We welcome all existing ecosystem holders, including

$MAX, $ORAIX, $AIRI, and $RACKS into this next chapter of our ecosystem growth. Through the LFG conversion mechanism, each of these tokens will transition seamlessly into $LFG, ensuring that every early supporter and participant shares directly in the unified future of the Oraichain DeFi ecosystem.

This conversion process is part of Oraichain’s broader mission to consolidate its DeFi stack into a single, sustainable framework. By merging fragmented liquidity and token utilities, the LFG conversion ensures that every participant from the legacy ecosystem is aligned with the long-term success of Oraichain’s unified DeFi economy.

For the full FAQs regarding LFG and the mitigation process, please check:

https://oraichain.medium.com/oraichain-ecosystem-rebranding-re-alignment-faqs-2e61874f8fb3

LFG tokenomics:

https://x.com/oraichain/status/1975206443742814662

TL;DR:

• The vesting period is shortened from 6 months to 4 months.
• Conversion rates for ecosystem tokens have been increased by ~ 5–8% (for MAX, ORAIX, AIRI, and RACKS)
• Resolution for immediate usability via a voting-escrow token (veLFG)
• Converting from ecosystem tokens to veLFG to receive 3x veLFG
• LFG TGE is expected this October

How Conversion Works?

(1) Convert to the voting-escrow token (veLFG).

LFG uses a voting-escrow model for utilities. To let ecosystem holders use utilities immediately, conversion goes first to veLFG.

(2) Vesting to redeem veLFG → LFG.

You receive 100% of the converted amount in veLFG right away for utility use.

Redemption to transferable LFG then unlocks linearly over 4 months.

Extra benefit versus a normal LFG lock

1. A normal lock mints veLFG proportionally to lock duration (longer lock → more veLFG, up to a protocol cap).
2. Conversion bonus: Oraichain guarantees a fixed 3x multiplier when converting ecosystem tokens, i.e., you receive veLFG equal to 3x the equivalent normal lock for the same LFG amount.

For example, when users convert 1000 MAX

• Receive 1350 LFG (4-month vesting with linear emission)
• Receive 1350 veLFG (3x amount compared to veLFG tokenomics)
• Redeem veLFG to receive LFG through linear emission. For example, after 1 day, you can claim 1350/120 = 11.25 LFG.
• veLFG is used to receive all utilities mentioned in the tokenomics

Step-by-step instructions

1) Prepare your tokens in a self-custody wallet

• Solana: $MAX, $RACKS
• Oraichain: $AIRI, $ORAIX
• Note: there is no direct conversion on CEXs (including Binance Alpha). Please withdraw to your own wallet first.

2) Convert to veLFG on lfg.land

About 15–30 minutes after TGE, visit lfg.land, connect your wallet, and convert eligible tokens to veLFG.

• Conversion window: 3 months.
• Rates decrease over time (halving schedule).
• The exact start time will be announced on official channels.

3) Use your veLFG

Utilities tied to veLFG (governance, staking, farming, reward boosting) will be available as each feature goes live.

4) Redeem veLFG → LFG

Redemption unlocks linearly over 4 months. You can claim the allowable veLFG amount to LFG at any time during this period.

Closing Note

This conversion is not only a technical process but a symbolic one: LFG unites all previous Oraichain DeFi participants under a single, forward-looking token economy.

By aligning $MAX, $ORAIX, $AIRI, and $RACKS holders within the LFG ecosystem, Oraichain ensures fair participation, long-term incentive alignment, and a clear foundation for growth across every DeFi and AI-Finance product.