- At 2022-12-22 03:00 (UTC), Binance Simple Earn will cease support for MFT Flexible Products, and subscriptions will no longer be available.
- For existing subscriptions, MFT balances in Simple Earn Flexible Products will be automatically redeemed and credited to usersâ spot wallets before 2022-12-30 05:00 (UTC).
- Users may also choose to redeem their assets from MFT Flexible Products anytime before 2022-12-30 05:00 (UTC).
- At 2022-12-22 03:00 (UTC), Binance will suspend MFT/USDT isolated margin borrowing.
- At 2022-12-30 03:00 (UTC), we will close all MFT margin positions, conduct an automatic settlement and cancel all pending MFT margin orders. We will then delist the MFT/USDT isolated margin trading pair.
- A separate announcement will be made for relisting.
- Users are strongly advised to close their positions prior to the cessation of margin trading to avoid any potential losses.
- At 2022-12-30 05:00 (UTC), Binance will no longer support the creation of MFT Gift Cards.
- While users may proceed to redeem any unredeemed MFT Gift Cards for MFT before 2022-12-30 05:00 (UTC), please note that the redeemed tokens will be subject to automatic conversion to HIFI.
- After 2023-01-12 08:00 (UTC), all unredeemed MFT Gift Cards will be automatically converted to HIFI upon redemption.
- At 2023-01-03 03:00 (UTC), Binance will delist all existing MFT spot trading pairs (i.e., MFT/USDT and MFT/ETH) and cancel all pending MFT spot trade orders. In addition, Binance will remove MFT from the list of supported cryptocurrencies on Binance Pay.
- At 2023-01-03 03:30 (UTC), deposits and withdrawals of MFT will be suspended. Please ensure that you leave sufficient time for your MFT deposits to be fully processed prior to this time.
- Binance will recover all Mainframe (MFT) balances, and begin the distribution of Hifi Finance (HIFI) to all eligible users at a ratio of 1 MFT = 0.01 HIFI.
- At 2023-01-12 08:00 (UTC), trading will open for HIFI/USDT and HIFI/ETH spot trading pairs. Binance will also add HiFi Finance (HIFI) to the list of supported cryptocurrencies on Binance Pay.
- Binance will make a separate announcement after the token swap is complete to notify users when deposits and withdrawals of Hifi Finance (HIFI) will be opened.
- Hifi Finance (HIFI) (ERC20) smart contract address:
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.