Gate.io Supports Bonded (BONDED）to Fringe (FRIN) Rebranding

Announcements Gate.io Supports Bonded (BONDED）to Fringe (FRIN) Rebranding

2022-01-17 05:52:09 UTC 41860 Read

According to the Bonded Finance team, Bonded Finance is to be rebranded as Fringe Finance, and the BONDED tokens will be swapped for the FRIN tokens at the ratio of 1:1. Gate.io supports the rebranding and token swap. If your Bonded Finance （BONDED) tokens are on Gate.io, you don’t have to do anything in particular; if not, we recommend that you deposit BONDED to Gate.io before Jan 21, 2022.

The swap ratio : 1:1
The new token contract address(ERC20):
0xC9fE6E1C76210bE83DC1B5b20ec7FD010B0b1D15

Below are more details on how Gate.io will conduct the token swap:

On Jan 21, 2022 at 4:00 AM UTC, Gate.io will close the BONDED deposits and withdrawals, and will close the BONDED trading markets (including spot trading, grid trading and liquidity mining pools), cancel any open orders.

Users who have BONDED quantitative trading (grid trading included) should adjust their trading strategies beforehand, otherwise their trading strategies will be forced terminated.
Users who have provided liquidity in BONDED liquidity mining pool should remove their liquidity beforehand, otherwise their liquidity will be forced removed on Jan 21.

2) On Jan 24th or later, Gate.io will start to swap tokens for users when we receive tokens from the Bonded Finance team

3) After the token swap, Gate.io will commence trading for the new FRIN token (FRIN trading start time will be announced after the token swap)

Deposit BONDED at https://www.gate.io/myaccount/deposit/ BONDED

BONDED/USDT Market:
https://www.gate.io/trade/BONDED_USDT

BONDED/ETH Market:
https://www.gate.io/trade/BONDED_ETH

Learn more: https://fringefinance.medium.com/december-monthly-update-9e28fdcb2d09

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