• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Binance Will Support ORN to LUMIA Swap and Rebranding

user avatar

by Giorgi Kostiuk

2 years ago

The cryptocurrency exchange Binance has announced its support for the Orion Protocol (ORN) mainnet swap and rebranding to Lumia (LUMIA).

Support for Swap and Rebranding

Binance will support the swap and rebranding process, including the dates and procedures. The official announcement states that on October 15th, Binance will delist all ORN trading pairs and pause deposits and withdrawals. Trading for the LUMIA/USDT pair will begin three days after the ORN delisting.

ORN Token Operations

Users can swap their ORN tokens to LUMIA on a 1:1 ratio. The total supply of Lumia will increase from 92.6 million to 238.9 million tokens. Binance will handle all technical changes in the token swap process, so customers do not need to take any action.

ORN Market Volatility

The rebranding announcement caused volatility in the ORN market. ORN’s price dropped sharply to $1.367 after rallying to $1.718 earlier.

Binance's announcement supporting the ORN to LUMIA swap and rebranding has triggered significant volatility in the cryptocurrency market.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Tether to Wind Down aUSDT and Alloy by Tether

chest

Tether announces the discontinuation of aUSDT and the Alloy platform, focusing on core products.

user avatarGustavo Mendoza

Binance Expands Monitoring Tag to New Tokens

chest

Binance has added ACT, BLUR, PIVX, and QKC to its Monitoring Tag list, indicating closer scrutiny of these tokens.

user avatarRajesh Kumar

Grayscale Research Highlights Professionalization in Crypto Asset Valuation

chest

The analysis of AAVE by Grayscale Research indicates a shift towards structured and professional approaches in crypto asset valuation.

user avatarMiguel Rodriguez

Grayscale Research Introduces Cashflow Valuation Framework for AAVE

chest

Grayscale Research has introduced a cashflow valuation framework for AAVE, highlighting the maturation of DeFi protocols.

user avatarLuis Flores

Uniswap Founder Highlights Regulatory Challenges for DeFi

chest

Hayden Adams highlights the regulatory challenges faced by DeFi protocols under US securities laws, calling for clearer regulations to support development and protect users.

user avatarArif Mukhtar

Arthur Hayes-Linked Wallet Accumulates 1,400 ETH Amid Market Reset

chest

A wallet linked to Arthur Hayes has purchased an additional 1,400 ETH, valued at around $251 million, indicating renewed whale activity in the Ethereum market.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.