Binance has announced its support for the upcoming Viction (VIC) network upgrade and hard fork. To ensure a seamless user experience, Binance will temporarily suspend deposits and withdrawals of VIC tokens starting from 07:00 UTC on October 29, 2024.

Key Details of the Upgrade:

Upgrade Timing: The upgrade and hard fork will occur at block height 86,158,494, expected around 08:00 UTC on October 29, 2024.

Tokenomics Changes:

  • Total Supply Increase: The total supply of VIC tokens will rise from 100,000,000 to 210,000,000.
    Circulating Supply Boost: An additional 20,000,000 tokens will be added to the circulating supply immediately following the upgrade.
    Risk Warning for Traders: Before trading VIC, users will see a risk warning banner and pop-up notification.