According to Foresight News, the decentralized exchange aggregation protocol $Fly (formerly Magpie Protocol) announced that the $FLY token TGE will take place on June 6, along with the launch of the xFLY reward mechanism. Users participating in the Fjord Foundry sale who choose to receive their airdrop in a locked format can convert their $FLY allocation into xFLY at a 1.5x ratio. xFLY can be converted back to $FLY through the following two methods: