At the Token Generation Event (September 2022) we matched the sweatcoin balances of users who had opted into Sweat with $SWEAT tokens (1 SWEAT for 1 sweatcoin). The users also kept their sweatcoins.
After TGE, you will create SWEAT with your first 5,000 steps every day, and earn sweatcoins for the next 5,000. Premium Sweatcoin subscribers can mint a little bit more.
Currently, $SWEAT and sweatcoins are not exchangeable, but we're considering this as an option at it may become available in the future.