๐ ๐๐'๐ฌ ๐๐๐ฑ๐ญ ๐๐ก๐๐ฉ๐ญ๐๐ซ: ๐๐ก๐ ๐๐จ๐ง๐ข๐ ๐๐ซ๐ ๐๐๐ ๐ข๐ง๐ฌ! ๐
The @Fantom Foundation (FTM) is embracing a bold transformation, rebranding as Sonic (S) to accelerate into the future of blockchain innovation. Mark your calendars, as this change promises an exciting new phase for the project. Here's a breakdown of what to expect during this high-speed transition:
Key Dates & Transition Details
January 13, 2025, 03:00 UTC:
๐น All FTM trading pairs will be delisted from Binance.
๐น A streamlined token swap process begins, lasting just three days.
๐น Deposits and withdrawals for FTM will be temporarily suspended starting at 03:30 UTC.
January 16, 2025, 07:00 UTC:
โ Trading will resume with the newly launched Sonic (S) token, featuring its refreshed branding and logo.
Whatโs New? Key Metrics and Features
Circulating Supply: The initial supply of Sonic (S) will be 2.88 billion tokens.
Total Supply: The starting total supply is 3.175 billion, identical to FTM at launch.
Controlled Growth: The maximum supply increase is capped at 15% until 2031 (excluding block rewards).
Sustainable Inflation: Starting four years post-launch, the annual inflation rate will be set at a conservative 1.75%.
This rebrand signals a fresh direction for the project while retaining its core values and vision. The team at Sonic aims to enhance scalability, innovation, and community engagement, bringing the FTM spirit into a new era.
Whatโs Next?
Whether this rebrand propels Sonic to the forefront of the blockchain race is yet to be seen. For FTM holders, the decision to swap for Sonic tokens marks an opportunity to be part of this exciting evolution. Remember to conduct your own research, stay informed, and trade responsibly. The journey ahead promises to be fast-paced and full of potential!
