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- Binance unveils 40th launchpool, supporting Fusionist (ACE) token
- Users can stake their BNB and FDUSD to farm ACE tokens over five days.
- ACE listing is tentatively scheduled for December 18, with multiple trading pairs available.
In a recent announcement, Binance unveiled its 40th project on Binance Launchpool, and this time, the largest crypto exchange is supporting the Fusionist (ACE) token.
New #Binance Launchpool: $ACE@fusionistio is a Web3 AAA game built by a group of experienced gaming veterans, uses Unity and HDRP technologies to provide a high-class product and engaging gaming experience to all users.
Learn more 👇https://t.co/2OtQGZFgbt
— Binance (@binance) December 11, 2023
ACE stands as the native token of Endurance, a decentralized game and social blockchain platform set to host Fusionist, a Web3 AAA game.
💥Major Milestone Update 2
– $ACE launch on Binance Launch Pool
– Details: https://t.co/u0IWukyZWN
More to come, stay tuned! #ACE #Binance#LaunchPool pic.twitter.com/UKCp08NBIe
— Fusionist 🛸👾 | Endurance ♠️⛓ (@fusionistio) December 11, 2023
Like other Launchpool programs, Binance offers users opportunities to stake their BNB and FDUSD stablecoins in separate pools to farm ACE tokens over a span of five days.
See Also: The Sandbox Introduces New ERC-1155 CATALYST Tokens On Polygon
Notably, the farming activity is scheduled to kick off on December 13. Intending participants must fulfill standard KYC requirements before staking.
For the BNB pool, the hourly hard cap per user is 6,860 ACE, while the FDUSD pool has a cap of 1,715 ACE. Participants who staked BNB would share 8,232,000 AC rewards, while FDUSD stakers would share 2,058,000 ACE tokens.
Binance noted that snapshots of user and total pool balances will be taken multiple times per hour to ensure fairness and accuracy.
User rewards will be updated hourly, allowing users to accumulate and claim rewards directly from their spot accounts at any time. Binance restricts staking tokens to one pool per user.
Furthermore, Binance has tentatively marked December 18 for the listing of ACE. Potential trading pairs that would be available once live include ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY.
See Also: Coinbase Lists SEAM Token as Airdrop and Liquidity Mining Program Begin
Notably, the project comes with a total supply of 147,000,000 ACE, with Launchpool Token Rewards accounting for 10,290,000 ACE, representing only 7% of the total token supply.
Also, the initial circulating supply is set at 21,969,520 ACE, representing 14.95% of the total token supply.
Weekly News Recap 🗞📰
A lot happened in #Crypto Market last week, and I have compiled everything for you, fam
🔶 #BTC touched $44,700 and made a new yearly high.
🔶#Binance announced Fusionist (ACE) as its 40th project on Binance Launchpool pic.twitter.com/Uag2aEEPMb
— Sjuul | AltCryptoGems (@AltCryptoGems) December 11, 2023
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