Binance has announced its 47th project on Binance Launchpool, Portal (PORTAL), a cross-chain gaming platform designed to bring more participants into the Web 3.0 ecosystem.

Starting from February 22, 2024, at 00:00 (UTC), users will be able to stake their BNB and FDUSD in separate pools to farm PORTAL tokens over seven days.

On February 29, 2024, at 10:00 (UTC), Binance will initiate listing for PORTAL, opening up trading with PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD, and PORTAL/TRY trading pairs.

Portal (PORTAL) Launchpool details are as follows:

- Token Name: Portal (PORTAL)
- Maximum Token Supply: 1,000,000,000 PORTAL
- Launchpool Token Rewards: 50,000,000 PORTAL (5% of maximum token supply)
- Initial Circulating Supply: 167,134,615 PORTAL (16.71% of maximum token supply)
- Staking Terms: KYC required
- Hourly Hard Cap per User: 23,809.52 PORTAL in BNB pool; 5,952.38 PORTAL in FDUSD pool
- Supported Pools: Stake BNB for 40,000,000 PORTAL in rewards (80%); Stake FDUSD for 10,000,000 PORTAL in rewards (20%)
- Farming Period: 2024-02-22 00:00 (UTC) to 2024-02-28 23:59 (UTC)