Introduction of Ethena (ENA) on Binance Launchpool! Farm ENA by committing BNB and FDUSD

IMPORTANT: Binance will be the first platform to list the token mentioned in this announcement, which will start trading on 04/02/2024 at 08:00 (UTC). Any announcement of the sale of this token before the indicated date constitutes false advertising. Conduct your own research to keep your funds safe!

Dear Binanciens, Dear Binanciens,

Binance is pleased to announce the 50th project on Binance Launchpool, Ethena (ENA), a synthetic dollar protocol. The web page should be available in five hours, before Launchpool begins.

Users will be able to stake their BNB and FDUSD in separate pools to farm ENA tokens for three days. Farming will begin on 03/30/2024 at midnight (UTC).

Listing

Binance will then list ENA on 02/04/2024 at 08:00 (UTC) and open trading with the trading pairs ENA/BTC, ENA/USDT, ENA/BNB, and ENA/FDUSD. The Financing wording will be applied to the ENA.

Launchpool details in ENA:

Token Name: Ethena (ENA)

Maximum token supply: 15,000,000,000 ENA

Launchpool Token Rewards: 300,000,000 ENA (2% of maximum token supply)

Initial circulating supply: 1,425,000,000 ENA (9.5% of maximum token supply)

Smart contract details: Ethereum

Staking conditions: KYC required

Hourly hard cap per user:

333,333.33 ENA in the BNB pool

83,333.33 ENA in FDUSD pool

Supported pools:

Stake BNB (webpage will be available in approximately five hours): 240,000,000 ENA rewards (80%)

Pledge FDUSD (webpage will be available in approximately 5 hours): 60,000,000 ENA rewards (20%)

Farming period: from 03/30/2024 at midnight (UTC) to 04/01/2024 at 23:59 (UTC).

Distribution of ENA farming

Dates (00:00:00 to 23:59:59 UTC daily)