Binance is excited to announce the 50th project on Binance Launchpool - Ethena (ENA), a synthetic dollar protocol. The webpage is estimated to be available in 5 hours, before the Launchpool starts. 

Users will be able to stake their BNB and FDUSD into separate pools to farm ENA tokens over three days, with farming starting from 2024-03-30 00:00 (UTC).

Listing

Binance will then list ENA at 2024-04-02 08:00 (UTC) and open trading with ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY trading pairs. The Seed Tag will be applied to ENA.

ENA Launchpool Details:

Token Name: Ethena (ENA)

Max Token Supply: 15,000,000,000 ENA 

Launchpool Token Rewards: 300,000,000 ENA (2% of max token supply)

Initial Circulating Supply: 1,425,000,000 ENA (9.5% of max token supply)

Smart Contract Details: Ethereum

Staking Terms: KYC required 

Hourly Hard Cap per User: 

333,333.33 ENA in BNB pool

83,333.33 ENA in FDUSD pool