{"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&#8217;s Rebranding and Token Swap to Sonic"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-will-support-the-fantom-ftm-token-swap-and-rebranding-to-sonic-s-aec6fcbc84b749eeab6690e6bcac2f3d\" target=\"_blank\">transition<\/a><\/strong> will involve delisting all existing <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/fantom\/\">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<p>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<p>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<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/binance-announces-its-latest-launchpool-project-to-support-decentralized-science\/\" title=\"Binance Announces Its Latest Launchpool Project to Support Decentralized Science\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2023\/09\/binanceeeeee222-240x170.png\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Binance Announces Its Latest Launchpool Project to Support Decentralized Science<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>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<p>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":"<p>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":[22,23],"tags":[],"class_list":["post-145458","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-blockchain"],"acf":[],"yoast_head":"<!-- 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