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Introducing Vana (VANA) on Binance Launchpool
Binance, the world’s largest cryptocurrency exchange, has announced its latest Launchpool project—Vana (VANA), marking the platform’s 62nd addition to its innovative token farming initiative. Users will be allowed to lock their BNB and FDUSD to receive VANA airdrops over a two-day farming period, starting from December 14, 2024, at 00:00 UTC and ending on December 15, 2024, at 23:59 UTC.
The project has already created a buzz within the cryptocurrency community, with Binance confirming it will be the first platform to list the VANA token. Mark your calendars as trading will begin on December 16, 2024, at 10:00 UTC.
Key Highlights of Vana (VANA)
Key Farming Highlights:
- Total Launchpool Rewards: 4,800,000 VANA (4% of the maximum token supply).
- Supported Pools:
- BNB Pool: 4,080,000 VANA (85% of rewards).
- FDUSD Pool: 720,000 VANA (15% of rewards).
- Hourly Hard Caps per User:
- BNB Pool: 8,500 VANA.
- FDUSD Pool: 1,500 VANA.
Participants can start locking their tokens as soon as the dedicated webpage is live, estimated to be available approximately 12 hours before the farming begins.
Tokenomics and Supply Details
VANA boasts a well-structured tokenomics model to ensure sustainability and value for its ecosystem. The token supply details include:
- Maximum Token Supply: 120,000,000 VANA.
- Genesis Token Supply: 112,641,600 VANA (93.87% of the maximum supply).
- Initial Circulating Supply: 30,084,000 VANA (25.07% of the maximum supply).
Binance will list VANA for spot trading on December 16, 2024, at 10:00 UTC, with the following trading pairs: VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY.
Enhanced Security with Seed Tag
As a part of Binance’s ongoing security measures, VANA will carry the Seed Tag upon its listing. This designation ensures transparency by identifying projects at an early stage, allowing users to make informed investment decisions.
What’s Next for Vana?
Vana’s entry into the Binance Launchpool ecosystem marks an exciting development for blockchain enthusiasts, with Vana positioned as a groundbreaking EVM-compatible Layer 1 blockchain dedicated to empowering user-owned data. Binance’s first-mover listing of VANA further solidifies its commitment to fostering innovation and expanding the horizons of decentralized technology.
For those seeking to explore the future of blockchain and data empowerment, the VANA Launchpool and subsequent listing on Binance present a promising opportunity. Stay tuned as the project unfolds and becomes a part of the dynamic Binance ecosystem.
