Binance expects to suspend the token deposit and withdrawal business of the Ontology (ONT) network at 15:00 on December 1, 2025 (East 8th District time) to support its network upgrade and hard fork. The project party expects to carry out the network upgrade and hard fork on December 1, 2025 (East 8th District time).
Please note the changes in token economics following this event.
The Ontology network uses a dual-token model: Ontology (ONT) and Ontology Gas (ONG);
Ontology Gas (ONG) Maximum and Total Supply Change: will be reduced from 1 billion to 800 million, 200 million of which will be burned immediately;
Ontology Gas (ONG) circulating supply: No immediate change, but the future supply limit may be limited to 750 million due to the permanent lock-in mechanism.
Binance will support Ontology (ONT) network upgrades and hard forks
2025-11-26 03:07:20
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