Binance Will Support the Firo (FIRO) Network Upgrade & Hard Fork

This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

Starting at approximately 2024-09-16 04:00 (UTC), Binance will suspend the deposits and withdrawals of token(s) on the Firo (FIRO) network to support its network upgrade and hard fork to ensure the best user experience. 

The network upgrade and hard fork will take place at the block height of 958,655, or approximately at 2024-09-16 05:00 (UTC).

Please note:

• FIRO will stop all future halvings, and its token supply will reach 21.4 million ahead of schedule in the next 5 - 6 years. After which, the token inflation rate will start to decrease from 0.98% p.a.. Users can refer to the project tokenomics for more information.

• The trading of token(s) on the aforementioned network will not be impacted.

• Binance will handle all technical requirements involved for all users.

• Deposits and withdrawals for token(s) on the aforementioned network will be reopened once the upgraded network is deemed to be stable. No further announcement will be posted.

• There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.

For more information, please refer to the announcement from the project team.

Thank you for your support!

Binance Team

2024-09-12