Reserve Rights (RSR) contract swap

Binance will support the Reserve Rights (RSR) smart contract replacement plan.

The specific arrangements are as follows:

Binance leveraged trading platform has suspended the RSR/BUSD, RSR/USDT, RSR/BTC isolated margin lending business at 10:00 on January 12, 2022 (East 8th district time).

After the network upgrade is completed, it will be reopened when the network is running stably, and no further announcement will be made.

During the network upgrade, Binance Futures RSR/USDT contract trading will not be affected.

Please note that due to extreme market conditions or price source deviations, Binance Futures will take additional protective measures, including but not limited to adjusting leverage and margin (including maximum leverage for each level, position limit, and maintenance margin rate), adjust the funding rate (including the base interest rate, premium index, and rate cap), change the price index components or use the ” latest transaction price protection mechanism ” to update the mark price.

For details, please refer to mark price of perpetual contracts.

Binance has suspended the deposit and withdrawal of RSR tokens at 07:00 on January 14, 2022 (East 8th District time). Note: Please do not deposit any RSR tokens during the contract swap period to prevent loss.

During the network upgrade, the RSR spot trading pair will not be affected.

Binance will assist users with any technical issues in network upgrades.

For the new RSR contract address, go to Binance’s Official Website.

The distribution of the rights and interests of the tokens of the project party and early investors will start after the Reserve Rights (RSR) has completed the smart contract replacement, and token transactions will be restricted. For more details, please refer to the announcement of the project party on the release of tokens.

Go to Binance’s Official Website