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Binance Launchpool: Earn Fusionist (ACE) Tokens by Staking BNB or FDUSD

source-logo  coincodex.com 12 December 2023 09:23, UTC

The leading cryptocurrency exchange, Binance, has announced Fusionist as the next project featured on their Binance Launchpool staking platform.

Until December 18, you can earn Fusionist (ACE) tokens on Binance simply by staking your BNB or the FDUSD stablecoin. You can withdraw the coins you’ve staked at any time and keep the ACE rewards.

You can earn ACE on Binance Launchpool between December 13 and December 18. The amount of token rewards you earn will depend on how many coins you stake.

Earn ACE Tokens on Binance

Binance plans to distribute 7% of the total ACE token supply to users on Launchpool. This translates to 10.29 million ACE tokens out of a total supply of 147 million tokens.

80% of these rewards will be distributed to BNB stakers, while the FDUSD staking pool will receive 20% of the rewards. However, this doesn’t necessarily mean that you will earn more ACE if you stake BNB rather than the stablecoin. It all depends on how big the size of your stake is relative to the size of the entire staking pool.

In addition to featuring the ACE coin on its Launchpool platform, Binance will also be listing ACE for trading on the Binance exchange. The token will be available for trading starting on December 18 in trading pairs against BTC, USDT, BNB, FDUSD, and TRY.

It is worth noting that Binance will be listing ACE with the “Seed Tag”, which is used to label crypto projects that are still very early in their development. Cryptocurrencies with this tag were previously known in the “Innovation Zone”. The purpose of the Seed Tag is to let users know that the cryptocurrency might be more volatile and risky compared to most other cryptos listed on the exchange.

Introducing @fusionistio $ACE on #Binance Launchpool!

Farm #ACE by Staking $BNB and $FDUSD.

➡️ https://t.co/SRQIqQJy4d pic.twitter.com/HBb29LFOX1

— Binance (@binance) December 11, 2023

What is Fusionist (ACE)?

Fusionist, powered by the ACE token, represents a merger of a blockchain game (Fusionist) and a game/social infrastructure layer (Endurance). This project, combining cutting-edge blockchain technology with gaming, delivers a novel experience through Unity and HDRP technologies, ensuring a top-tier Web3 AAA gaming experience.

Endurance serves as the decentralized game/social blockchain layer, providing a myriad of gaming and social options within its ecosystem. With offerings like Expeditions, Auction House, ACEdomain, and Beta testing, users can engage, play, socialize, and earn rewards comfortably. Since its January 2023 launch, Endurance has amassed over 1.86 million token-holding wallets and facilitated over 100 million transactions.

Steam game Fusionist is one of the project’s several existing products, which include Endurance Mainnet, the browser-based game Expedition, Auction house, and more.

ACE, the native token of Endurance, has multiple utilities. It enables in-game spending/earning, ecosystem engagement, staking for network security, governance participation, and serves as gas for all transactions within the Endurance Blockchain.

The technical infrastructure of Endurance features a multi-layered architecture promoting scalability and the reuse of modules. Comprising components like API and Tooling, Explorer, Governance/Staking App, Client Interface, Governance Modules, Execution Runtime, Consensus, Network Protocol, and Storage & State, the architecture enables seamless smart contract modifications and efficient operations.

The Fusinoist team has achieved multiple roadmap goals since 2022, including fundraising rounds, NFT campaigns, mainnet launches, beta testing, and partnerships. Future plans involve upgrading the Endurance Mainnet, launching new gaming titles, expanding the gaming ecosystem, incorporating Zero-Knowledge Proofs, and enhancing collaborations with entities like Particle Network, Redbrick, SmartTokenLabs, and XTERIO.

How to earn ACE tokens on Binance Launchpool?

If you want to earn Fusionist, the first thing you’ll need is a Binance account.

Create Binance Account

Please keep in mind that only users who complete an identity verification process with Binance are eligible to participate in Memecoin token farming on Binance Launchpool.

Once your account is ready, you’ll need some BNB or FDUSD tokens to stake. If you already own these tokens, you can deposit some to your Binance account. Otherwise, Binance offers plenty of ways of buying these tokens with either crypto or fiat.

After your account is verified and loaded up with some BNB and/or FDUSD, head over to the menu on the top side of the Binance interface and select "More". Then, go to "Launchpad & Launchpool".

Then, find the available Memecoin farming pools. Depending on which tokens you want to stake, select the FDUSD Pool or BNB Pool. Then, follow the instructions provided by the exchange.

As a final note, here’s a quick breakdown of key dates and information about the Fusionist Launchpool campaign:

Fusionist (ACE) Launchpool
Start Date Dec 13, 2023, 00:00 (UTC)
End Date Dec 15, 2023, 00:00 (UTC)
BNB Pool Daily Rewards 1,646,400 ACE
FDUSD Pool Daily Rewards 411,600 ACE
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