Fumbi Will Support Render (RNDR) Migration & Token Swap

Fumbi will support the migration and swap of the Render (RNDR) token for the new Render token (RENDER). This migration is scheduled for Monday, July 29, 2024.

What Is Token Migration & Swap?

A token migration & swap is the process by which an old token (RNDR in this case) is swapped for a new token (RENDER). The reason for this process is the Render Foundation’s decision to migrate the RNDR token from the Ethereum Blockchain to the Solana blockchain, which will have the new ticker RENDER.

Key Points

• Fumbi will handle the entire migration process. No action is required on the part of the clients.
  
• All RNDR tokens will be swapped for RENDER tokens in the ratio 1 RNDR = 1 RENDER.
  
• Your current RNDR token balance will be identical to the pre-migration balance once the migration is complete – but the new Render Network tokens will be tagged under the RENDER ticker.
  
• The migration is expected to begin on Monday, July 29, 2024 and will be completed within 24 – 48 hours.

Fumbi will make a separate announcement once this event is complete.

Read more about RNDR token migration to RENDER: Render Network Upgrade Portal FAQ