🔥💥 Introducing the Binance Launchpool project $ENA, a potential star in the making!

Here's my take on the project and all the juicy details you need to know:

Full details here 🔥🫲

#Binance Labs has thrown its weight behind Ethena, a crypto-specific stablecoin, reaffirming its commitment to advancing decentralized finance (DeFi). Since its IPO in February 2024, #ethena has been hailed as a DEFI trailblazer and has garnered investment support from Binance Labs and other key stakeholders.

Ethena's strategic partnership with MirrorX further integrates it into the market and enhances accessibility. Leveraging MirrorX's product suite, Ethena and other corporate clients gain seamless access to Binance Exchange, facilitating smooth derivative position closures and access to Binance's diverse product offerings and markets.

Now, onto the exciting details of the Ethena (ENA) Launch Pool:

The highly anticipated launch of Ethena is just around the corner—the website is set to go live in a mere 5 hours, coinciding with the Launchpool kickoff. Users will have a three-day window, starting from 00:00 on March 30, 2024, to accumulate ENA tokens.

ENA is slated for listing on April 2, 2024, at 08:00 by Binance. Trading pairs will include ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.Dec.

Binance has unveiled key aspects of Ethena's Launchpool, including token supply, rewards, and staking conditions. With a maximum supply of 15,000,000,000 ENA tokens, participants stand to win substantial rewards with 300,000,000 ENA, accounting for 2% of the total token supply.

The initial circulating #ENA supply will amount to 1,425,000,000 tokens, constituting 9.5% of the maximum token supply. Running on the Ethereum blockchain, Ethena implements stake conditions that necessitate Know-Your-Customer (KYC) verification, ensuring compliance with regulatory standards and bolstering user security.

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