August 19, 2024 — Binance has announced its support for the Frontier (FRONT) token swap and rebranding to Self Chain (SLF). The transition will involve delisting existing FRONT trading pairs and introducing new SLF trading pairs.
Key Dates and Events:
August 23, 2024, 09:00 (UTC): Binance Futures will close all positions on FRONTUSDT USDⓈ-M Perpetual Contracts. The contracts will be delisted after an automatic settlement.
August 27, 2024, 03:00 (UTC): All FRONT spot trading pairs, including FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT, will be delisted. Pending orders will be canceled.
August 27, 2024, 03:30 (UTC): Deposits and withdrawals of FRONT tokens will be suspended.
August 30, 2024, 08:00 (UTC): Trading will begin for SLF/BTC, SLF/TRY, SLF/USDC, and SLF/USDT trading pairs.
Details of the Token Swap and Rebranding:
Token Swap Ratio: 1 FRONT = 1 SLF.
New Trading Pairs: SLF/BTC, SLF/TRY, SLF/USDC, and SLF/USDT.
Automatic Conversion: Binance will handle all technical requirements, and FRONT tokens will be automatically converted to SLF tokens at the specified ratio.
Impact on Trading Services:
Spot Trading: All FRONT spot trading pairs will be delisted. Users are advised to cancel any active trading bots and copy trading portfolios associated with FRONT before the delisting.
Futures Trading: Binance Futures will not allow new positions on the FRONTUSDT USDⓈ-M Perpetual Contracts starting from August 23, 2024, 08:30 (UTC).
Margin Trading: FRONT will be removed from both cross and isolated margin pairs. Binance will automatically settle all positions and cancel pending orders on these pairs.
Next Steps for Users:
Prepare for Delisting: Users should cancel any active FRONT-related orders and consider closing positions before the scheduled delisting dates.
Monitor Updates: Binance will provide further announcements regarding the reopening of deposits and withdrawals for SLF tokens and any additional changes to the platform.