Binance provides Ethena (ENA) as fiftieth Launchpool venture

0
94

  • Binance has launched Ethena (ENA), an artificial greenback protocol, as its fiftieth Launchpool venture.
  • ENA farming by staking BNB and FDUSD shall be open for 3 days beginning March 30, 2024.
  • Binance will start buying and selling ENA on April 2, 2024.

Etena (ENA) is ranked fiftiethth Initiatives that hit Binance Launchpool.

This comes after Binance, the world's largest crypto trade by buying and selling quantity, introduced a chance for customers to farm ENA tokens forward of buying and selling assist subsequent week.

Etena (ENA) to be listed on Binance

Binance mentioned in an announcement on Friday that customers can now stake BNB and FDUSD and farm ENA tokens for 3 days beginning March 30, 2024, 00:00 UTC. Binance famous that ENA Farming isn’t obtainable to customers in jurisdictions equivalent to Australia, Canada, and the USA.

In the meantime, the trade would be the first cryptocurrency trade to launch ENA buying and selling on April 2, 2024 at 8:00 UTC.

The buying and selling pairs supported by the brand new token shall be ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.

Binance's Launchpool farming announcement comes a day after Ethena Labs revealed an airdrop of 750 million ENA to the neighborhood on Thursday.

See also  Cryptocurrency Value Predictions: Bitcoin Canines, Tron, Akash Community

The airdrop will signify 5% of ENA's complete provide and can start buying and selling from April 2nd. In response to the venture, the airdrop shall be made obtainable to members within the Shard Marketing campaign. This included staking artificial {dollars} (USDe).

A few of the high initiatives touchdown on Binance Launchpool embrace Portal, Maverick Protocol, Sui, Aevo, and ETHFI.

(Tag Translation) Market