Binance will support the contract swap of Horizen (ZEN). Please note the changes in tokenomics.

PANews June 26 news, according to official news, Binance will support the contract replacement plan for Horizen (ZEN). Please note the key changes in tokenomics after this event: the circulating supply will immediately increase from 16 million to 17.25 million; the total supply will reach 21 million in the next 48 months; the newly added ZEN tokens will be allocated to the Horizen Foundation and the DAO treasury. Binance will suspend the deposit and withdrawal of the old ZEN Token on July 21, 2025, at 11:00 (UTC+8). Binance will announce the time for the deposit and withdrawal of the new ZEN Token after the contract swap is completed. After the contract swap is completed, Binance will no longer support the deposit and withdrawal of the old ZEN Token. During the contract swap period, the services for ZEN spot trading, margin trading, and contract trading will not be affected.