Binance will support Horizen (ZEN) contract swaps, please note the changes in token economics

According to official sources, Binance will support the Horizen (ZEN) contract swap plan. Please note the key changes in token economics after this event: the circulating supply will immediately increase from 16 million to 17.25 million; The total supply will reach 21 million in the next 48 months; The newly added ZEN tokens will be distributed to the Horizen Foundation and DAO Treasury. Binance will suspend the recharge and withdrawal of old ZEN tokens on July 21, 2025 at 11:00 (GMT+8 time). Binance will announce the opening hours for recharging and withdrawing new ZEN tokens separately after the contract replacement is completed. After the contract replacement is completed, Binance will no longer support recharging and withdrawing old ZEN tokens. During the contract exchange period, ZEN's spot trading, leveraged trading, and contract trading services will not be affected.