Binance recently announced VANA as the 62nd project on its Launchpool, offering a unique opportunity for users to earn VANA tokens by staking Binance Coin (BNB) or FDUSD. The farming period began on December 14, 2024, and runs until December 15, 2024, with a total of 4.8 million VANA tokens allocated as rewards. The BNB pool holds 85% of these rewards, while the FDUSD pool accounts for 15%.
The VANA token powers the Vana Network, a blockchain ecosystem designed to prioritize user data ownership, privacy, and monetization. Its features include a data liquidity layer for tokenizing and trading data via DataDAOs and a data portability layer for interoperability across platforms. The VANA token is used for governance, transaction fees, and staking, providing robust utility for its holders.
Following this launchpool event, VANA is set to list on Binance Spot on December 16, 2024, with trading pairs including VANA/USDT and VANA/BNB. The token has a maximum supply of 120 million, with 25.07% circulating at launch. Since its announcement, VANA’s price surged by 70%, reflecting strong market interest .
visit Launchpool page lock your $BNB