Binance has announced that #Ethena (ENA) will be its 50th Launchpool platform.
The #Launchpool project for Ethena (ENA) has been introduced by #Binance .
Beginning on March 30, 2024, ENA farming will begin with staking in both BNB and FDUSD.
On April 2, 2024, all trading pairs are scheduled to be listed.
Today, the cryptocurrency exchange Binance made the announcement that Ethena (ENA) is the fifty-first Launchpool project it has ever launched. The statement states that beginning on March 30, 2024 at three o'clock Turkey time, users will be able to begin farming ENA by first staking their BNB and FDUSD cryptocurrencies. Take a look at the specifics, shall we?
When is the Ethena (ENA) listing going to take place?
It seems that the notice made by the exchange suggests a brief agricultural season. The reason for this is because the listing is scheduled to take place on April 2, 2024, at eleven o'clock Turkey time. A number of trading pairings, including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY, have been declared as being available for trade.
Token Name: Ethena (ENA)
Maximum Token Supply: 15,000,000,000 ENA
Launchpool Token Rewards: 300,000,000 ENA (2% of the maximum token supply.)
Initial Circulating Supply: 1,425,000,000 ENA (9.5% of the maximum token supply.)
Smart Contract Details: Ethereum
Staking Conditions: KYC required
User Hourly Fixed Upper Limit:
BNB pool: 333,333.33 ENA.
FDUSD pool: 83,333.33 ENA.
Those who stake BNB will get 80% of the profits, which is equivalent to 240 million ENA, while those who stake FDUSD will receive 20% of the benefits, which is equivalent to 60,000,000 ENA. Additionally, in its release, the cryptocurrency exchange Binance cautioned its customers by highlighting the need of paying attention to the essential dates and hours pertaining to the cryptocurrency market.
