Binance announces a 41st project in its#Launchpoolas of 12/20 and a listing for 12/27 #NFPprompt 6817457684#Listing#Binance
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Binance Launchpool Welcomes AI-Driven Platform NFPrompt (NFP) for Token Farming
Binance has introduced the 41st project on its Binance Launchpool platform - NFPrompt (NFP), an innovative AI-powered User Generated Content (UGC) platform tailored for Web3 creators. The webpage for NFP is due to be available approximately 5 hours before the Launchpool starts running.
Starting from December 20th, 2023, at 00:00 UTC, users will have the opportunity to stake their BNB, FDUSD, and TUSD holdings into multiple pools for farming NFP tokens over a seven-day period.
Binance has also confirmed that it will list NFP on December 27th, 2023, at 10:00 UTC. The available trading pairs will be NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY.
Binance Launchpool's new model, known as Fair Mode, will be at play for the launch of NFP. Aimed at safeguarding and enhancing the interests of the community and retail users, Fair Mode ensures the allocation of a hefty number of tokens to the community during the initial circulation phase. All Launchpool tokens will be disbursed before the listing, and some allocation will be disallowed from entering circulation to alleviate inflation pressure.
The total token supply for NFP is 1,000,000,000, with Launchpool token rewards standing at 110,000,000 NFP, accounting for 11% of the total token supply. The initial circulating supply will be 250,000,000 NFP, or 25% of the total token supply. In terms of staking, users will be required to complete KYC procedures.
The hourly hard cap per user for the various pools are:
- 52,380.95 NFP in BNB pool - 6,547.62 NFP in FDUSD pool - 6,547.62 NFP in TUSD pool
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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