You can now convert your RNDR (ERC20) to RENDER (SOL) for free at a 1:1 ratio in the CoinJar app. CoinJar will not automatically perform this conversion on your behalf.
What You Need to Do
Conveniently add RENDER to your accounts via Accounts > Add account > Choose RENDER.
Then, use the Convert feature in either:
- Home > Convert > RNDR > RENDER or
- Accounts > RNDR > Convert RNDR > RENDER
What’s Changing?
As part of the Render Foundation's roadmap, the Render Network is moving to Solana, and users can upgrade their RNDR tokens on the Ethereum blockchain to RENDER tokens on the Solana blockchain.
Due to market conditions, RNDR (ERC20) is no longer available for buying or selling. However, you can now buy, sell, or spend RENDER (SOL).
Partial Unbundle: All bundles with positive balances of RNDR have had the RNDR individually unbundled, leaving the rest of the bundle intact. This will be reflected in customer statements.
Bundle Exclusion: RNDR (ERC20) is no longer included in new purchases of the Universe, ERC-20, and AI Bundles. RENDER (SOL) will be reintroduced to CoinJar Bundles in the future, and we’ll notify you once it’s available. At that time, you will need to rebalance your bundle to include it, and standard rebalancing fees will apply.
CoinJar Exchange: RNDR has been delisted, and all RNDR balances have been transferred from CoinJar Exchange to your CoinJar account.
Deposits and Withdrawals: We will maintain RNDR (ERC20) deposits and withdrawals for existing customers until further notice. However, new RNDR deposits will only be accepted if you already have an RNDR account. RENDER (SOL) deposits and withdrawals are now available for all customers.
Tax Implications: Please be aware that converting fromRNDR to RENDER, rebalancing bundles or selling RNDR may have capital gains tax implications. We recommend seeking professional advice in relation to these transactions.
Any questions?
If you have any questions about the delisting or how you might be affected, please contact Support.