- 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 alternate 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 just isn’t accessible to customers in Australia, Canada and the US amongst different jurisdictions, Binance famous.
In the meantime, the alternate would be the first crypto alternate 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 whole 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 contributors in its “shard marketing campaign.” This concerned the staking of the artificial greenback (USDe).
A number of the prime initiatives to land on the Binance Launchpool embrace Portal, Maverick Protocol, Sui, Aevo, and ETHFI.