PANews reported on June 26 that Binance will support the Horizen (ZEN) contract swap plan. Please note the key token economics changes after this event: the circulating supply will increase from 16 million to 17.25 million immediately; 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 services of the old ZEN tokens at 11:00 (ET) on July 21, 2025. Binance will announce the deposit and withdrawal opening time of the new ZEN tokens after the contract swap is completed. After the contract swap is completed, Binance will no longer support the deposit and withdrawal services of the old ZEN tokens. During the contract swap period, ZEN spot trading, margin trading and contract trading services will not be affected.