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Special Token Swap Offer for $LABS Holders to Join Staynex as Founding Team Members

3 min readJun 17, 2025

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Dear $LABS Community,

Thank you for your continued support as we navigate challenges and shape the future of Labs Group. We’re excited to announce a unique opportunity for $LABS token holders to become Founding Team members of Staynex, a separate project inspired by our founder’s vision. While Labs Group and Staynex are independent with distinct teams and partners, this token swap program is our way of rewarding our loyal community.

The Offer: Swap $LABS for Staynex Founding Team Tokens ($SFT)
We invite $LABS token holders to swap their $LABS tokens for Staynex Founding Team Tokens ($SFT) on the Binance Smart Chain (BSC), securing a foundational role in the Staynex ecosystem.

Here’s how it works:
• Swap Ratio: Swap 10 $LABS for 1 $SFT, with the ratio fixed throughout the program.
• Swap Period: Swapping begins on or around July 5, 2025, and runs until December 31, 2026. The BSC swapping address and full details will be shared on or around July 3, 2025.
• Allocation: 10% of the Staynex team token pool is reserved exclusively for $LABS holders participating in this swap.
• Future Airdrop: Once Staynex team tokens vest per the vesting schedule on Snowflake, $SFT holders will receive a 1:1 airdrop of Staynex team tokens ($STAY). Visit staynex.vip for tokenomics and vesting details.
• Staking Rewards: $SFT holders will earn rewards, including:
• $STAY token airdrops.
• Entries into lucky draws for travel perks and rewards.
• Membership premiums, such as discounted rates and access to Staynex’s AI-driven travel assistant, Patman Travel Wingman, a digital twin of Patrice Evra.
• Special Bonus: Holders swapping more than 10 million $LABS will receive a complimentary one-year membership to the Staynex platform, launching in July 2025 following beta testing in early July.

What Happens to Remaining Tokens?
If the $SFT pool isn’t fully distributed by December 31, 2026, any remaining tokens will be airdropped proportionally to existing $SFT holders, ensuring fair distribution.

Labs Group Update: Addressing Challenges and Future Plans
We acknowledge the difficulties caused by the actions of our former CEO, which led to a breach of trust and legal complications with properties held by Labs Group. As a result, $LABS tokens will transition from centralized exchanges (CEX) to decentralized exchanges (DEX) on BSC, and this token swap program will serve as the primary utility for $LABS tokens moving forward.

Despite these challenges, Labs Group remains committed to innovation. We are exploring opportunities to tokenize hotel rooms as investment assets and plan to collaborate with Staynex, leveraging its extensive hotel network and relationships to drive this initiative. For holders who choose to keep $LABS tokens, we’ll provide updates on this roadmap and future developments.

Important Notes
• Separate Projects: Labs Group and Staynex are independent, with distinct teams and stakeholders. This swap program, using a portion of Staynex team tokens, is a goodwill gesture that doesn’t impact other Staynex stakeholders.
• Founding Team Status: By swapping for $SFT, you’ll become a Staynex Founding Team member, gaining early involvement in the Staynex ecosystem without governance or voting rights.
• Staynex Platform Launch: Staynex will begin beta testing in early July 2025, with the platform going live shortly after. Visit staynex.vip for more details.
• Tax/Legal Disclaimer: Token swaps may have tax or regulatory implications. Please consult a professional for advice.

How to Participate
Full instructions, including the BSC swapping address, will be shared on or around July 3, 2025, via our official channels (Labs Group website, X, and Telegram). Ensure your $LABS tokens are in a BSC-compatible wallet (e.g., MetaMask) for the swap.
We’re excited to bridge our community with Staynex’s promising future and remain dedicated to delivering value for all $LABS holders.

Best regards,

The Labs Group Team

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LABS Group
LABS Group

Written by LABS Group

LABS Group utilizes blockchain, NFT and Web3 tech to disrupt traditional real estate and hospitality industry. Other Social Links: twitter.com/r/LabsGroupio/

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