{"id":145458,"date":"2024-12-24T19:00:11","date_gmt":"2024-12-24T17:00:11","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145458"},"modified":"2024-12-24T15:40:58","modified_gmt":"2024-12-24T13:40:58","slug":"binance-to-support-fantoms-rebranding-and-token-swap-to-sonic","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/binance-to-support-fantoms-rebranding-and-token-swap-to-sonic\/","title":{"rendered":"Binance to Support Fantom’s Rebranding and Token Swap to Sonic"},"content":{"rendered":"

The transition<\/a><\/strong> will involve delisting all existing FTM<\/a> <\/strong>trading pairs, replacing them with Sonic (S) trading pairs, and swapping all FTM tokens for the new Sonic tokens on a 1:1 basis.<\/p>\n

The process begins on January 13, 2025, at 6:00 AM, when Binance will remove all FTM trading pairs, including FTM\/USDT, FTM\/BTC, and others. Pending orders and trading bot activities for these pairs will also be canceled. Deposits and withdrawals for FTM will be suspended starting at 6:30 AM on the same day.<\/p>\n

The introduction of Sonic tokens will follow shortly after. Deposits for Sonic will open on January 16 at 10:00 AM, with trading starting at 11:00 AM. Binance will launch new trading pairs for Sonic, including S\/USDT, S\/BNB, and S\/ETH. Withdrawals for Sonic will be enabled after the token swap is fully completed.<\/p>\n

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Read More:<\/h5>\n \n
\n \n \n <\/span>\n <\/div>\n
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<\/h4>\n <\/div>\n <\/a>\n<\/div>\n<\/p>\n

The new Sonic token will launch with an initial circulating supply of 2.88 billion tokens and a total supply of 3.175 billion, reflecting Fantom\u2019s existing supply. The total supply is expected to grow at a controlled rate of 15% annually until 2031, excluding block rewards, and will stabilize at an annual inflation rate of 1.75% after four years.<\/p>\n

This rebranding and token swap represent a significant shift for the Fantom ecosystem, with Binance facilitating a smooth transition for its users as Sonic aims to redefine its vision and capabilities.<\/p>\n","protected":false},"excerpt":{"rendered":"

Binance has announced its support for the rebranding and token swap of Fantom (FTM) to Sonic (S).<\/p>\n","protected":false},"author":9,"featured_media":31408,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23,22],"tags":[426,258],"coin_category":[],"class_list":["post-145458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-others","tag-binance","tag-bnb"],"acf":[],"yoast_head":"\nBinance to Support Fantom's Rebranding and Token Swap to Sonic<\/title>\n<meta name=\"description\" content=\"Binance has announced its support for the rebranding and token swap of Fantom (FTM) to Sonic (S).\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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