Binance, the world’s leading cryptocurrency exchange, has announced Vana (VANA) as the 62nd project on its Launchpool platform. Vana is a native EVM-compatible Layer 1 blockchain designed to empower user-owned data.
Farming VANA on Binance Launchpool
Users can lock BNB and FDUSD to earn VANA tokens as rewards. Farming begins at 00:00 UTC on December 14, 2024, and continues for two days until 23:59 UTC on December 15, 2024.
Key Launch Details
- Token Name: Vana (VANA)
- Max Token Supply: 120,000,000 VANA
- Genesis Token Supply: 112,641,600 VANA (93.87% of max supply)
- Launchpool Token Rewards: 4,800,000 VANA (4% of max supply)
- Initial Circulating Supply on Binance Spot: 30,084,000 VANA (25.07% of max supply)
Trading Information
Binance will list VANA on December 16, 2024, at 10:00 UTC, with the following trading pairs:
- VANA/USDT
- VANA/BNB
- VANA/FDUSD
- VANA/TRY
The Seed Tag will be applied to VANA, highlighting it as an innovative but potentially volatile token.
VANA Farming Pools
- BNB Pool: 4,080,000 VANA rewards (85% of total rewards).
- FDUSD Pool: 720,000 VANA rewards (15% of total rewards).
- Hourly Hard Cap per User:
- 8,500 VANA for the BNB pool.
- 1,500 VANA for the FDUSD pool.
The dedicated webpage for farming will go live approximately 12 hours before the farming begins.
Important Notes
- Binance will be the first platform to list VANA, with trading starting on December 16, 2024, at 10:00 UTC. Any claims of offering the token for sale prior to this date may be fraudulent.
- Users must complete KYC verification to participate in the Launchpool.
- Research Report: A detailed report on Vana (VANA) will be made available within 12 hours of this announcement.
About Vana
Vana 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, ensuring users maintain control over their data.
Binance users are encouraged to review the research report and exercise risk management when participating in the Launchpool or trading VANA tokens.
