bZx Protocol Token (BZRX) Token Swap to OokiDAO Token (OOKI)

Binance will support the plan to replace bZx Protocol Token (BZRX) with OokiDAO (OOKI) and token increments. The specific arrangements are as follows:

Binance will suspend the deposit and withdrawal of BZRX tokens at 10:00 on December 20, 2021 (East Eighth District Time).

Note: The BZRX tokens recharged after that will not be able to be credited to the account, please recharge in advance, Binance will handle any technical issues in the token replacement for users.

Binance will stop trading and delist all BZRX spot trading pairs (BZRX/USDT, BZRX/BUSD, BZRX/BTC) at 12:00 on December 20, 2021 (East Eighth District Time), and all pending orders will be cancelled.

Binance Margin Trading Platform will suspend BZRX/USDT, BZRX/BUSD, BZRX/BTC margin-by-money leveraged lending business at 21:00 on December 16, 2021 (East Eighth District Time).

Binance leveraged trading platform will automatically liquidate and liquidate BZRX leveraged positions, cancel all pending orders, and delist BZRX/USDT, BZRX/BUSD, BZRX/BTC at 10:00 on December 19, 2021 (East Eighth District Time) For warehouse-by-warehouse trading pairs, the relaunch time will be announced separately.

Binance Contract will adjust the maximum leverage of the BZRX/USDT perpetual contract to 25 times at 21:00 (East Eighth District Time) on December 16, 2021 (note: existing positions will not be affected). For details, please refer to: Leverage and Margin and Trading Rules page of U Standard Contract.

Binance Futures will automatically liquidate and liquidate BZRX/USDT perpetual contract positions at 10:00 on December 19, 2021 (East Eighth District Time), and cancel all pending orders.

After the settlement, the contract trading pair will be removed (Contract removal process), the relaunch time will be announced separately.

Please note that due to the possibility of extreme market conditions or price source deviations, Binance will take additional protective measures, including but not limited to changing the price index components or adopting the “latest transaction price protection mechanism” to update the marked price. For details, please refer to: The marked price of the perpetual contract.

Binance will take a snapshot of the user’s BZRX holdings and issue OOKI according to the conversion ratio of 1 BZRX = 10 OOKI before OOKI is listed.

OOKI/USDT, OOKI/BUSD spot trading will be opened at 12:00 on December 24, 2021 (East Eighth District Time).

After the token replacement is completed, the opening hours for deposits and withdrawals will be announced separately.

Users can exchange BZRX for OOKI tokens through the flash exchange trading platform.

Go to Binance Official Website