📢📢Binance Launchpool 💥💥
📢📢 Project which is a candidate to become a star, was introduced. My opinions about the project and details about the project ❤
#Binance Labs has backed Ethena, a cryptocurrency-specific stablecoin, in line with its commitment to advancing decentralized finance (DeFi).
#Ethena is considered one of the pioneers of DEFI and has received investment support from Binance Labs and other key stakeholders since its IPO in February 2024.
Ethena's strategic partnership with MirrorX connects it more closely with the market and makes it accessible. MIRRORX's product suite is available to Ethena and other corporate clients through the Binance Exchange and allows for smooth closing of derivative positions and access to Binance's various products and markets.
➡Details of the Ethena (ENA) Launch Pool
The upcoming launch of Ethena is highly anticipated; the website is scheduled to go live in just 5 hours and launch simultaneously with the Launchpool. Users will have the opportunity to collect ENA tokens for three days starting from 00:00 on March 30, 2024.
ENA will be listed by Binance on April 2, 2024 at 08:00. The trading pairs will include ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY.Dec.
Binance has announced the main aspects of Ethena's Launchpool, including the token supply, rewards, and staking conditions. There will be a maximum supply of 15,000,000,000 ENA tokens, so participants will be able to win significant prizes with 300,000,000 ENA, which accounts for 2% of the total token supply.
The first circulating #ENA supply will be 1,425,000,000, which is 9.5% of the maximum token supply. Operating on the Ethereum blockchain, Ethena adopts stake conditions that require Know-Your-Customer (KYC) verification, ensure compliance with regulatory standards, and improve user security.
