The leading cryptocurrency exchange, Binance, has announced Fusionist as the next project featured on their Binance Launchpool staking platform.
Until December 18, you can earn Fusionist (ACE) tokens on Binance simply by staking your BNB or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the ACE rewards.
You can earn ACE on Binance Launchpool between December 13 and December 18. The amount of token rewards you earn will depend on how many coins you stake.
Earn ACE Tokens on Binance
Binance plans to distribute 7% of the total ACE token supply to users on Launchpool. This translates to 10.29 million ACE tokens out of a total supply of 147 million tokens.
80% of these rewards will be distributed to BNB stakers, while the FDUSD staking pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more ACE if you stake BNB rather than the stablecoin. It all depends on how big the size of your stake is relative to the size of the entire staking pool.
In addition to featuring the ACE coin on its Launchpool platform, Binance will also be listing ACE for trading on the Binance exchange. The token will be available for trading starting on December 18 in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.
It is worth noting that Binance will be listing ACE with the “Seed Tag”, which is used to label crypto projects that are still very early in their development. Cryptocurrencies with this tag were previously known in the “Innovation Zone”. The purpose of the Seed Tag is to let users know that the cryptocurrency might be more volatile and risky compared to most other cryptos listed on
the exchange.
