• 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

a year 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

Metaplanet to Raise $135 Million Through Class B Preferred Shares

chest

Metaplanet plans to raise $135 million by issuing Class B Preferred Shares to reinforce its Bitcoin treasury strategy.

user avatarAyman Ben Youssef

Social Media Emerges as Key Source of Crypto Education in Singapore

chest

The recent survey by MoneyHero and Coinbase shows that 62% of Singaporean investors use social media as their main source of cryptocurrency education, highlighting both opportunities and risks of misinformation.

user avatarSon Min-ho

Unstaked Offers Flexibility in the Staking Market

chest

Unstaked introduces a model that allows users to stake or unstake instantly without penalties, addressing frustrations in the DeFi ecosystem.

user avatarLuis Flores

Protecting Your Long-Term Crypto Investments: A Guide to Hedging

chest

The article discusses effective hedging strategies for long-term crypto investors, emphasizing the importance of managing risk during market downturns.

user avatarLeo van der Veen

PEPENODE Launches as a New Mining Incentive Project

chest

PEPENODE aims to simplify mining and gamify yield generation for casual traders.

user avatarTando Nkube

Negative Market Sentiment Affects TRX Liquidity and Staking Flows

chest

Negative funding rates and declines in on-chain TVL contribute to a bearish outlook for TRX.

user avatarKofi Adjeman

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.