Binance, in its quest to involve more players in web3.0, recently unveiled the 47th project of its Binance Launchpool:
Portal (PORTAL), a cross-chain gaming platform. The official announcement of the project has been made, and the webpage is expected to be up and running five hours before the Launchpool begins.
Users will have the opportunity to stake their BNB and FUSDS in separate pools to collect PORTAL tokens for a period of seven days, starting on 02.22.2024 at 00:00 (UTC).
After this Launchpool phase, Binance will list PORTAL on 02/29/2024 at 10:00 a.m. (UTC), thus starting trading with the trading pairs PORTAL/BTC, PORTAL/USDT, PORTAL/BNB, PORTAL/FDUSD and PORTAL/TRY. The Seed label will be awarded to the PORTAL.
Here are the details of the PORTAL startup pool:
- Token name: Portal (PORTAL)
- Maximum token supply: 1,000,000,000 PORTALS
- Launchpool Token Rewards: 50,000,000 PORTALS (5% of max token supply)
- Initial circulating supply: 167,134,615 PORTALS (16.71% of the maximum token supply)
- Smart contract details: Ethereum
- Staking requirements: KYC required
Time limits set per user:
- 23,809.52 PORTALS in the BNB pool
- 5,952.38 PORTALS in the FDUSD pool
Supported pools:
- Upgrade to BNB (the web page will be available in approximately 5 hours): 40,000,000 PORTAL rewards (80%)
- Upgrade to FDUSD (webpage will be available in approximately 5 hours): 10,000,000 PORTAL reward (20%)
The agricultural period will extend from 00:00 (UTC) on 02/22/2024 to 23:59 (UTC) on 02/28/2024.
