👑Guide to participate in Launchpool $VANA on Binance
Step 1️⃣: Purchase BNB or FDUSD on Binance
Step 2️⃣: Hold BNB and FDUSD in your spot wallet. Go to Binance Launchpad.
=> Choose Binance Launchpool and stake $BNB and $FDUSD throughout the duration to receive $VANA
0️⃣Launchpool information for $VANA:
- Launchpool rewards: 4,800,000 VANA (4% of max token supply)
- Total supply: 120,000,000 VANA
- Circulation: 30,084,000 VANA (25.07% of max token supply)
- Staking terms: KYC required
- Farm duration: 2024-12-14 00:00 (UTC)
🔵Token #VANA is expected to be listed on Binance at 17:00 on 2024-12-16
🔻Some notable features and characteristics:
The Vana network uses $VANA as the core utility token for network security, transactions, and governance.
🔺 Validators stake $VANA to secure the blockchain and earn rewards; however, in Phase 1, rewards will be redirected to a fund serving public interests.
🔺 $VANA is used to pay transaction fees, support DataDAOs through staking mechanisms, and serves as the default currency for accessing datasets.
🔺 Additionally, it serves as the main trading pair for tokens issued by DataDAOs, enhancing interoperability among components in the system.
🔺 Governance is carried out in a decentralized manner, with $VANA holders having the right to vote on proposals and gradually transferring control to the community through Vana DAO.
🔺The network promotes a robust data economy by allowing DataDAOs to issue their own tokens.
https://accounts.binance.me/en/register?ref=37421358