Via Binance News #AI

Binance has announced the addition of the Sleepless AI (AI) gaming platform as the 42nd project on its Launchpool. The webpage for staking is expected to open approximately 24 hours before Launchpool starts.

From 00:00 (UTC) on December 28, 2023, users will be able to stake BNB, FDUSD, and TUSD in separate pools to farm AI tokens over the duration of seven days.

Binance plans to list AI tokens on January 04, 2024, and will initiate trading at 10:00 (UTC). Trading pairs will include AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY. The Seed Tag will be applied to the AI.

Details for the AI Launchpool are as follows:

- Token Name: Sleepless AI (AI)
- Total Token Supply: 1,000,000,000 AI
- Launchpool Token Rewards: 70,000,000 AI (7% of total token supply)
- Initial Circulating Supply: 130,000,000 AI (13% of total token supply)
- Smart Contract: AI Token (AI)

Staking terms indicate that KYC is required, with an hourly hard cap per user set at 33,333.33 AI for the BNB pool and 4,166.66 AI for FDUSD and TUSD pools.

The supported pools and rewards are as follows:

- Stake BNB: 56,000,000 AI in rewards (80%)
- Stake FDUSD: 7,000,000 AI in rewards (10%)
- Stake TUSD: 7,000,000 AI in rewards (10%)

The farming period will extend from 00:00 (UTC) on 28th December 2023 to 23:59 (UTC) on 3rd January 2024.