Binance adds Ethena (ENA) as 50th Launchpool project
- Binance has launched Ethena (ENA), an artificial greenback protocol, because the fiftieth Launchpool mission.
- Farming ENA by staking BNB and FDUSD is open for 3 days from March 30, 2024.
- Binance will open buying and selling for ENA on April 2, 2024.
Ethena (ENA) is the 50th mission to hit the Binance Launchpool.
That is after Binance, the world’s largest crypto trade by buying and selling quantity, introduced the chance for customers to farm ENA tokens forward of buying and selling assist subsequent week.
Ethena (ENA) to checklist on Binance
Binance stated within the announcement on Friday that customers can now stake BNB and FDUSD and farm ENA tokens for 3 days beginning March 30, 2024 at 00:00 UTC. ENA farming isn’t accessible to customers in Australia, Canada and the US amongst different jurisdictions, Binance famous.
In the meantime, the trade would be the first crypto trade to open ENA buying and selling on April 2, 2024 at 8:00 UTC.
Supported buying and selling pairs for the brand new token will probably be ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.
Binance’s Launchpool farming announcement comes a day after Ethena Labs revealed a 750 million airdrop of ENA to its group on Thursday.
The airdrop will account for five% of the overall provide of ENA and will probably be open for buying and selling as from April 2. Based on the mission, the airdrop will probably be open to members in its “shard marketing campaign.” This concerned the staking of the artificial greenback (USDe).
Among the prime tasks to land on the Binance Launchpool embody Portal, Maverick Protocol, Sui, Aevo, and ETHFI.