Important note: Binance will be the first platform to list this token, and trading will be open at 16:00 on April 2, 2024 (Eastern Eighth District time). Any claim to sell the token before the stated timeline is false advertising. Please do your own research to ensure the safety of your funds!
Dear user:
Binance new coin mining is now live for its 50th project - Ethena (ENA), a synthetic USD protocol.
Users can invest BNB and FDUSD into the ENA mining pool on the website after 08:00 (GMT+8) on March 30, 2024 to receive ENA rewards. ENA can be mined for a total of 3 days. The website is expected to be updated within about five hours of this announcement before the mining activity is launched.
New Coin Listing
Binance will list Ethena (ENA) at 16:00 (ET) on April 2, 2024, and open ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY trading markets, and seed tag trading rules will apply.
Project details
Token name: Ethena (ENA)
Maximum supply of tokens: 15,000,000,000 ENA
Initial circulation: 1,425,000,000 ENA (9.5% of the maximum supply of the token)
Total mining volume: 300,000,000 ENA (2% of the maximum supply of the token)
Research report: Ethena (ENA) (Research report will be online within one hour of this announcement)
Smart Contract Details: Ethereum
Restrictions: KYC required
Personal hourly mining hard cap
BNB Mining Pool: 333,333.33 ENA
FDUSD Mining Pool: 83,333.33 ENA
Mining pool:
Mining time: 08:00 on March 30, 2024 to 07:59 on April 2, 2024, GMT+8
Mining quota allocation in stages
Note: The above table uses UTC time every day, which is converted into East Eighth District time from 08:00:00 am on that day to 07:59:59 am on the next day.
Notice:
Binance will randomly take multiple snapshots of user holdings and the total holdings of the mining pool every hour to calculate the average user holdings per hour and calculate mining rewards;
Users can receive the mined tokens (the number of rewards is updated every hour) to their spot account at any time;
The annualized income and total holding data of each mining pool will be updated in real time;
Each mining pool calculates the annualized income separately, and users can flexibly allocate tokens to the corresponding mining pool, but multiple mining of one coin is not supported;
Users can redeem and transfer tokens in a mining pool to other mining pools at any time;
After all the tokens in the mining pool are mined, the assets participating in mining and the tokens that have not yet been claimed will be automatically returned to the user's spot account;
Binance BNB income pool and BNB regular products will support new currency mining in this period. Users’ BNB in the BNB income pool and BNB regular products will automatically participate in new currency mining;
When multiple new currency mining projects are underway at the same time, unless otherwise specified, the user's BNB in the BNB income pool and BNB regular products will be evenly distributed to multiple new currency mining projects;
If the BNB income pool assets are used as current loan collateral assets, users will not be able to obtain new currency mining income;
BNB transferred to the mining pool will still enjoy the holding statistics of BNB's standard benefits, such as airdrops, Launchpad holding statistics, VIP benefits, etc.
Related Links
Official website
white paper
X
Discord
Telegram
Whether a user can participate in Launchpool will be restricted by the country or region in which he or she is located. Please refer to the prompts on the Launchpool page.
Please note that the list of restricted countries or regions below is not complete and may be updated as local laws, regulations, and other considerations change.
Users need to complete identity verification (KYC) and are not in the following countries or regions to participate in this new currency mining.
Currently, users residing in the following countries or regions cannot participate in ENA new currency mining: Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, the United States of America and its territories (U.S. Samoa, Guam, Puerto Rico, the Northern Mariana Islands and the U.S. Virgin Islands), any non-government-controlled area of Ukraine.
The list of restricted countries or regions may be updated periodically as legal, regulatory and other factors change.
Note: There may be differences between the original English announcement and the translated version. In the event of any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your support of Binance!
Binance Team
March 29, 2024
