Binance plans to distribute 3% of the total NOT token supply to users on Launchpool. This translates to roughly 3 billion NOT tokens out of a total supply of 102.7 billion tokens.
85% of these rewards will be distributed to BNB stakers, while the FDUSD staking pool will receive 15%. However, this doesn’t necessarily mean that you will earn more NOT if you stake BNB rather than the stablecoin. It all depends on how big your stake is relative to the size of the entire staking pool.
In addition to featuring the NOT coin on its Launchpool platform, Binance will also be listing the token for trading on the Binance exchange. The token will be available for trading starting on May 16 at 12:00 UTC in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.
It is worth noting that Binance will be listing NOT 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.