Binance Completes RNDR Token Swap and Rebranding

IconCryptoNewsTerminal Staff26 Jul, 2024

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Binance Completes RNDR Token Swap and Rebranding

Binance, the leading cryptocurrency exchange, has completed the token swap and rebranding of RNDR. The rebranded token, RENDER, is now available for trading on Binance's spot market against BTC, USDT, FDUSD, USDC, TRY, EUR, and BRL. The token swap was conducted to transition RNDR's tokenomics to a more sustainable model. The new RENDER token has a reduced total supply and an improved token distribution. The rebranding of RNDR to RENDER reflects the project's evolution into a more comprehensive platform for decentralized rendering. The new name better represents the project's mission of providing a global network for artists and studios to connect and collaborate. The completion of the token swap and rebranding is a significant milestone for the RNDR project. It marks the beginning of a new era for the platform, as it continues to grow and develop its offering to the creative community.

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