CandleFocus Binance Announces Support for Fantom Token Rebranding! Here's Fantom's New Name!
2024-12-24
Author: Content Editor
Binance will support the token swap and rebranding of Fantom to Sonic. The transition will involve delisting existing FTM trading pairs and replacing them with new Sonic (S) trading pairs. FTM deposits and withdrawals will be suspended, and Sonic (S) token deposits will begin on January 16, 2025. The initial circulating supply of S will be approximately 2.88 billion, with an annual inflation rate stabilizing at 1.75% after four years. The exchange rate for the swap will be 1:1 for FTM to Sonic (S).
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