en
Back to the list

Bitcoin Exchange Binance Announces the Altcoin It Chose for Its 62nd Launchpool Project! Here Are the Details

source-logo  en.bitcoinsistemi.com 13 December 2024 09:56, UTC
image

Binance, the world's leading cryptocurrency exchange, announced Valve ($VANA) as the 62nd project on the Launchpool platform.

Binance Introduces Valve ($VANA) on Launchpool

Valve is an EVM-compatible native Layer 1 blockchain designed to leverage user-owned data.

$VANA Farming on Binance Launchpool

Users can lock up $BNB and $FDUSD to earn $VANA tokens as rewards. Farming begins at 03:00 on December 14, 2024 and continues for two days until 02:59 on December 15, 2024.

Key Launch Details

Token Name: Valve ($VANA)

Maximum Token Supply: 120,000,000 $VANA

Genesis Token Supply: 112,641,600 $VANA (93.87% of maximum supply)

Launchpool Token Rewards: 4,800,000 $VANA (4% of maximum supply)

Initial Circulating Supply on Binance Spot: 30,084,000 $VANA (25.07% of max supply)

Trade Information

Binance will list $VANA on December 16, 2024 at 1:00 PM with the following trading pairs:

$VANA/USDT

VALVE/$BNB

$VANA/$FDUSD

VALVE/TRY

The Seed Tag will be applied to $VANA and will highlight it as an innovative yet potentially volatile token.

$VANA Farm Pools

$BNB Pool: 4,080,000 $VANA rewards (85% of total rewards).

$FDUSD Pool: 720,000 $VANA rewards (15% of total rewards).

Fixed Hourly Upper Limit per User:

8,500 $VANA for $BNB pool.

1,500 VALVE for $FDUSD pool.

The special web page for Fariç will go live approximately 12 hours before farming begins.

What is a Valve?

Valve is a blockchain project focused on creating a user-centric ecosystem that facilitates the ownership and monetization of personal data.

Its infrastructure provides a foundation for decentralized applications, giving users control over their data.

Binance users are advised to review the research report and practice risk management when participating in Launchpool or trading $VANA tokens.

*This is not investment advice.

en.bitcoinsistemi.com