MEXC to Support the Horizen (ZEN) Contract Swap

MEXC Global

MEXC will support the Horizen (ZEN) contract swap with the following arrangements:

ZEN deposits and withdrawals will be closed on July 21, 2025, 03:00 (UTC).
ZEN trading will not be affected during the contract swap.
The ZEN token swap will be executed at a 1:1 ratio.
The ZEN token ticker will remain unchanged after the contract swap

Changes in Token Supply

The circulating supply of ZEN will increase from 16 million to 17.25 million immediately.
The total supply of ZEN will reach 21 million over the next 48 months.
New allocation of ZEN tokens will be made to the Horizen Foundation and DAO Treasury.

Important Notes

MEXC will not support token swaps for ZEN tokens deposited after the deposit closure.
MEXC will provide support to users holding ZEN tokens in their MEXC accounts, assisting with any technical issues that may arise.
MEXC will no longer support deposits for old ZEN tokens once the token swap is complete. Please confirm the token type before depositing to avoid any asset losses.
A separate announcement will be made after the token swap is complete.

Relevant Contract Addresses

Former mainnet：

https://explorer.horizen.io/

New Contract Address:

https://basescan.org/address/0xf43eB8De897Fbc7F2502483B2Bef7Bb9EA179229

For more information, please refer to the official project team announcement. If you need assistance or further clarification, feel free to reach out to our online customer service.

Thank you for your understanding and cooperation.

Read the original article at

Stay tuned to CoinCarp Social Media and Discuss with Us:

X (Twitter) | Telegram | Reddit

Download CoinCarp App Now: https://www.coincarp.com/app/