IMPORTANT! Binance will be the first platform to list the said token, with trading beginning on 04/02/2024 at 11:00 AM (UTC). Any information about the sale of a token before the specified time is false. Study the project yourself to ensure the safety of your funds.
Dear Binance community members!
Binance Launchpool launches its 50th project - Ethena (ENA), a synthetic dollar protocol. The Page of the project will be available in approximately 5 hours, before launching on Launchpool.
Use BNB and FDUSD to stake in separate pools and earn ENA tokens within three days from 03/30/2024 03:00 UTC.
Listing
Then, on 04/02/2024 at 11:00 UTC, Binance will list ENA and open trading in ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY pairs. ENA will be Seed labeled.
More information about ENA on Launchpool
Token name: Athena (ENA).
Maximum supply of tokens: 15,000,000,000 ENA.
Launchpool reward: 300,000,000 ENA (2% of the maximum token supply).
Initial supply of tokens: 1,425,000,000 ENA (9.5% of maximum supply).
Smart contract information: Ethereum.
Conditions for staking: KYC required.
Max. volume per user per hour:
333,333.33 ENA in the BNB pool
83,333.33 ENA in the FDUSD pool
Available pools
BNB Staking (section will be available in approximately 5 hours): 240,000,000 ENA in rewards (80%).
FDUSD Staking (section will be available in approximately 5 hours): 60,000,000 ENA in the form of rewards (20%).
Token farming period: from 03/30/2024 03:00 to 04/02/2024 02:59 (Moscow time).
ENA distribution for farming
Read about Ethena (ENA) in our analysis report, which will be available within an hour of this announcement.
Links to project resources
Note
A snapshot of user balances and overall pool balances to calculate average user hourly balances and user rewards will be taken several times per hour at any time. The reward amount will be updated every hour.
Users will be able to accumulate rewards that are calculated every hour and receive them in their spot accounts at any time.
Annual Percentage Yield (APY) and total pool balances will be updated in real time.
You cannot use the same tokens for staking in multiple pools. For example, User A will not be able to stake the same BNB tokens in two different pools at the same time, but will be able to stake 50% of the BNB in Pool A and 50% in Pool B.
You can withdraw funds and use them to participate in any other available pool at any time and without delay.
Tokens used for staking in each pool and any unclaimed rewards will be automatically transferred to the user's spot account at the end of the farming period.
Binance BNB Vault and fixed terms products will be participating in the project on Launchpool. Users who have contributed BNB to the BNB Vault staking and fixed-term products will automatically become members of the project on Launchpool and will receive rewards in new tokens.
If there are multiple projects running simultaneously on Launchpool, we will split the BNB balance of users from the BNB Vault and fixed-term products equally and distribute between projects, unless otherwise stated.
Assets in BNB Vault used as collateral for Binance Flexible Loans are not eligible for Launchpool rewards.
Users will receive the same benefits as from storing BNB for BNB tokens hosted in Launchpool: airdrops, participation in Launchpool projects, VIP benefits.
Eligibility for participation in Launchpool depends on the user's country or region of residence. Check out the instructions on the Launchpool page.
Please note that the following list of countries and regions that are subject to restrictions is not definitive and may be subject to change due to changes in local laws or other reasons.
Users must undergo account verification and make sure that the laws of their country do not prohibit participation in ENA pharming.
Currently, users residing in the following countries or regions cannot participate in ENA pharming: Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (U.S. Samoa, Guam, Puerto Rico, Northern Mariana Islands, US Virgin Islands), as well as any non-government controlled territories of Ukraine.
This list may change periodically due to changes in legislation and other factors.
Note. There may be discrepancies between the translation and the original English article. To obtain current and accurate information in this case, read the original version of the announcement.
Thanks for support!
Binance command
29.03.2024
