Binance Announces 50th Launchpool Project - Ethena (ENA)

Ethena - decentralized stablecoin issuance project built on the Ethereum platform. Ethena's (USDe) stablecoin uses a delta-hedging strategy providing a stablecoin solution independent of the traditional banking system

🔗Details: https://www.binance.com/en/support/announcement/6c216f219f0e42adb1849759dee3fbd9

💥Detailed information:

➤Token name: Ethena (ENA)

➤Total token supply: 15,000,000,000 ENA

➤Launchpool token rewards: 300,000,000 ENA (2% of total maximum token supply)

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

➤Smart contract details: Ethereum

➤Staking Terms: Compulsory completion of KYC process

➤Hourly Hard Cap per user:

• 333,333.33 ENA in BNB pool

• 83,333.33 ENA in FDUSD pool

🔸Supported pools:

➡️Stake BNB: Reward is 240,000,000 ENA (80%)

➡️Stake FDUSD: Reward is 60,000,000 ENA (20%)

⏰ Farming time:

From 07:00 March 30, 2024 to April 1, 2024 (Vietnam time)

$BTC #ena