Binance Welcomes Vana (VANA) as 62nd Project on Launchpool
What is Vana Token?
$Vana is a decentralized, EVM-compatible layer-1 blockchain designed to empower individuals with full control over their personal data, transforming it into a valuable asset in the global AI economy. By combining blockchain coordination, privacy-preserving technologies, and tokenized economic incentives, Vana facilitates private, secure, and user-owned data transactions while ensuring equitable value sharing for data creators.
The network's $VANA token, with a total supply of 120 million and a 66.9% allocation to the community, underpins its ecosystem, incentivizing participants such as validators, stakers, and data liquidity providers (DLPs). Vana fosters sustainable, decentralized governance and robust data liquidity to unlock the transformative potential of user-owned data, fueling innovation in AI and beyond.
👉Vanna supply and Distribution of 120M Tokens
Ecosystem: 22.9% Investors: 14.3%Team: 18.8%Community: 44.0%
Binance Launchpool: Unlocking Access to $VANA
Participating in Binance Launchpool provides users with a unique opportunity to earn $VANA tokens by staking their assets. Here's how users can join the Vana journey through Launchpool:
Staking for Rewards:
Binance users can stake tokens such as BNB, BUSD, or other eligible assets into dedicated pools. In return, they earn rewards in $VANA, proportional to the amount they stake.Fair Access to Tokens:
The staking mechanism ensures equitable access to tokens for participants, eliminating the barriers often associated with traditional token launches.Daily Claims:
Participants can claim their $VANA rewards daily while their staked assets remain secure in the pool.Seamless Entry into Trading:
After the Launchpool event, $VANA will be listed on Binance Pre-market, allowing participants to trade the tokens before it lists wildly in sport trading.
What is Binance Pre-Market?
The Binance pre-market is the initial trading period following a token’s allocation via Launchpool or Launchpad but before it becomes widely available to the global trading ecosystem. During this time, Binance facilitates a seamless entry for investors who participated in earning or purchasing the token through early-stage initiatives.
Why Binance Launchpool Matters?
By featuring Vana on its Launchpool, Binance plays a pivotal role in supporting projects with transformative potential. The collaboration brings Vana’s vision to millions of Binance users worldwide, promoting awareness, engagement, and adoption of the $VANA token and its ecosystem. Launchpool’s model provides participants with a risk-mitigated way to earn tokens and support a promising project at its early stages.
👉Read here for more details:
- https://www.binance.me/en/support/announcement/introducing-vana-vana-on-binance-launchpool-farm-vana-by-locking-bnb-and-fdusd-f6c4a4567f5c42d2b0f632bfcdf89093
- https://docs.vana.org/docs/vana-token-overview