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 #Write2Earn
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