Binance is pleased to announce the arrival of Ethena (ENA), a synthetic dollar protocol, as the 89th project on its Launchpool platform. This exciting development allows users to farm ENA tokens by staking their BNB and FDUSD holdings for a limited period of three days, commencing today, March 30th, 2024 (UTC).
Key Program Details:
Farming Initiation: March 30th, 2024, 00:00 (UTC)
Farming Period: 3 days
Supported Staking Pools: BNB and FDUSD
Trading Commencement: April 2nd, 2024, 08:00 (UTC)
Available Trading Pairs: ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, ENA/TRY
Reward Allocation: Total of 300,000,000 ENA tokens (representing 2% of the maximum supply)
Important Disclosure: A recent incident involving a fraudulent Ethena token surfaced on Binance Launchpool. Users are urged to exercise caution and confirm they are interacting with the legitimate ENA project from Ethena Labs.
Additional Resources:
Official Binance Launchpool Announcement: [https://www.binance.com/en/support/announcement/introducing-ethena-ena-on-binance-launchpool-farm-ena-by-staking-bnb-and-fdusd-6c216f219f0e42adb1849759dee3fbd9]
Ethena Labs Website: https://www.ethena.fi/
As always, conducting thorough due diligence (DYOR) is essential before any investment decisions are made. #BinanceLaunchpool #TrendingTopic." #ethena #ENA #DYOR.