The crypto world is about to witness a game-changing shift as Fantom (FTM) announces its rebranding to Sonic (S), and Binance is fully supporting this transformation. Hereโs what you need to know about the token swap, new trading pairs, and what it means for the future of the ecosystem. ๐โจ
๐ The Transition: Fantom to Sonic
Starting January 13, 2025, Binance will initiate a seamless token swap from FTM to Sonic (S). No action is required from holdersโBinance will handle everything for you! ๐ Trading will pause briefly, and Sonic (S) will be live on January 16, 2025.
๐ Rebranding of Trading Pairs
All existing FTM trading pairs with major cryptocurrencies (like BTC, ETH, BNB, and more) will be updated to reflect the new Sonic (S) token. But donโt worryโthe familiar trading options, including fiat pairs like EUR, USDT, and USDC, will remain intact, providing continuity with a fresh identity.
โณ Timeline of Changes
January 13, 2025: FTM deposits and withdrawals will pause.
January 16, 2025: Sonic (S) deposits will open, followed by withdrawals.
This structured timeline ensures a smooth and secure transition with minimal disruption for all users.
๐ก Sonicโs Economic Future
The new Sonic (S) token will have a carefully designed tokenomics model aimed at long-term growth. Starting with 2.88 billion tokens in circulation, the total supply will gradually expand to 3.175 billion by 2031, with a planned annual inflation rate of 1.75% after year four. This sustainable model aims to ensure a stable ecosystem for years to come.
๐ฅ What Does This Mean for the Future?
This rebranding represents more than just a name changeโitโs a strategic evolution for the Fantom ecosystem. The transition to Sonic (S), supported by Binanceโs infrastructure, positions the project for growth and innovation in the ever-evolving crypto landscape.
As we approach the swap date, all eyes will be on how Sonic (S) disrupts the market and what new opportunities arise in this exciting chapter for Fantom. ๐
โก The Bottom Line
Donโt panic about โdelistingโโthis is an evolution, not a disappearance. With Binanceโs support, the Fantom to Sonic transition promises to bring new possibilities to users, traders, and investors.
Stay ahead of the curve and follow us for more updates as we count down to the January 13th token swap! ๐ฒโจ
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