Binance has announced that it will support the rebranding and token swap of its Frontier (FRONT) tokens as Self Chain (SLF).
Binance Announces Frontier (FRONT) Token Swap and Self Chain (SLF) Rebranding
This change will include the removal of existing FRONT spot trading pairs and the launch of SLF trading pairs by the end of August. Here are the key dates for this process:
August 27, 2024, 06:00: Binance will delist all FRONT spot trading pairs (FRONT/BTC, FRONT/TRY, FRONT/USDC, and FRONT/USDT) and cancel all existing orders.
August 27, 2024, 06:30: Deposits and withdrawals for FRONT tokens will be suspended.
August 30, 2024, 11:00: New trading pairs for SLF: SLF/BTC, SLF/TRY, SLF/USDC and SLF/USDT will be opened.
The token swap will see FRONT tokens converted into SLF tokens at a 1:1 ratio, and the ticker symbol on Binance will be changed from FRONT to SLF. Binance will manage all technical aspects of the swap process, ensuring a seamless experience for users.
Once the swap is complete, withdrawals of FRONT tokens will not be supported. It is important for users to complete all FRONT deposits before the suspension on August 27th.
Spot Trading:
On August 27, all FRONT spot pairs will be suspended from trading, orders will be removed, and trading pairs will be delisted. In addition, trading bots related to these pairs will be disabled, and users are advised to update or cancel their bot settings in advance.
Futures:
Binance Futures will close all positions and automatically close FRONTUSDT perpetual contracts at 12:00 UTC on August 23. These contracts will then be delisted.
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So who can benefit?
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I EXPLAIN IN DETAILED.
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WHEN WILL THE REWARD COME?
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You can share this post with your friends in need so that they can also benefit from it.
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