Dear Binanciers,

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

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

Listing

Binance will then list ENA on 04/02/2024 at 8:00 (UTC) and open trading with

ENA/BTC,

ENA/USDT,

ENA/BNB, ENA/FDUSD,

ENA/TRY

trading pairs. Seed Tag will be applied to ENA.

Details of the ENA Launchpool:

Token Name: Ethena (ENA)

Maximum Token Supply: 15,000,000,000 ENA

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

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

Smart Contract Details: Ethereum

Staking Conditions: KYC required

Hourly Cap per User:

333,333.33 ENA in the BNB pool

83,333.33 ENA in the FDUSD pool

Supported Pools:

Stake BNB (webpage will be available in approximately 5 hours): 240,000,000 ENA in rewards (80%)

Stake FDUSD (webpage will be available in approximately 5 hours): 60,000,000 ENA in rewards (20%)

Farming Period: from 03/30/2024 at 00:00 (UTC) to 04/01/2024 at 23:59 (UTC).

#trendingtoic

#lanchpool