Introducing Ethena (ENA): a revolutionary synthetic dollar protocol on Binance Launchpoolđ€Żđ„đ
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Binance, a leading cryptocurrency exchange platform, is once again at the forefront of innovation with the introduction of Ethena (ENA) to its Launchpool. This innovative project offers a synthetic dollar protocol, promising interesting opportunities.
Starting March 30, 2024, at 00:00 (UTC), users can stake their BNB and FDUSD to farm ENA tokens, with trading set to begin on April 2, 2024, at 08:00 (UTC). However, it is important to note that KYC requirements are mandatory for security purposes and there is a maximum hourly limit per user for BNB and FDUSD pools.
Letâs delve into the specifics of ENA Launchpool:
- 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
The cultivation period runs from March 30, 2024, at 00:00 (UTC) to April 1, 2024, at 23:59 (UTC). Interested parties have the opportunity to earn ENA rewards by participating in two supported pools: BNB and FDUSD, with rewards distributed accordingly (80% and 20%, respectively).
Ethena aims to revolutionize the synthetic asset landscape by offering users the opportunity to be part of an innovative financial ecosystem. Stay connected with the ENA community for upcoming research reports and project links.
In conclusion, the introduction of Ethena on Binance Launchpool marks another milestone in the world of cryptocurrency. Don't miss this opportunity to explore the future of synthetic assets and be part of a transformative journey.
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