Effective July 18, 2024, Newton will begin preparing the migration process for all ERC20 RNDR tokens held on the Newton platform to the equivalent Solana token, RENDER.
Why is this happening?
Following a community vote in 2023, the Render foundation began the process of upgrading the existing Ethereum-based RNDR token to the new, Solana-based RENDER token.
Our service providers will be suspending trading support for RNDR in the near future. Therefore, we have made the decision to formally begin the migration process of RNDR to RENDER.
What do you need to know?
RNDR will be delisted from the Newton platform in the near future, and be replaced by RENDER. User holdings will be converted from RNDR to RENDER at a 1-to-1 ratio.
On July 18, 2024, trading will be disabled, including limit orders. All existing open limit orders will be cancelled.
Deposits and withdrawals will remain enabled until further notice, which will be provided to users as we move closer to the final migration date (TBA). Trading of the migrated RENDER token will resume in early August.
To read more about the RNDR migration, please check out this announcement from the Render Network Foundation: Upgrade RNDR to RENDER
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