Dear User:

Binance has launched the 38th new coin mining project - Neutron. Neutron allows developers to easily build cross-chain applications through the Inter-Blockchain Communication Protocol (IBC) and provides DeFi dApps with the full economic security of the Cosmos Hub.

Users can invest BNB, TUSD, and FDUSD into the NTRN mining pool on the Launchpad website after 08:00 (GMT+8) on October 11, 2023 to receive NTRN rewards. NTRN can be mined for a total of 20 days. The website is expected to be updated about four hours after this announcement, before the mining activity opens.

Project Details

• Token name: Neutron (NTRN)

• Total Token Supply: 1,000,000,000 NTRN

• Initial circulation: 217,112,292 NTRN (21.71% of total tokens)

• Total mining amount: 20,000,000 NTRN (2% of total tokens)

• Research report: Neutron (NTRN) (Research report will be online within 30 minutes after the announcement)

• Project Explorer: https://www.mintscan.io/neutron

• Restrictions: KYC required

• Individual hourly mining hard cap

  • BNB mining pool: 3,333.33 NTRN

  • TUSD mining pool: 416.67 NTRN

  • FDUSD mining pool: 416.67 NTRN

Mining Pools:

• BNB Mining Pool (the website will be updated four hours after this announcement and before the mining activity starts): A total of 16,000,000 NTRN can be mined (accounting for 80%)

• TUSD Mining Pool (website will be updated 4 hours after this announcement and before mining activity starts): A total of 2,000,000 NTRN can be mined (10%)

• FDUSD Mining Pool (the website will be updated four hours after this announcement and before the mining activity opens): A total of 2,000,000 NTRN can be mined (accounting for 10%)

• Mining time: 08:00 on October 11, 2023 to 07:59 on October 31, 2023 (GMT+8)

Mining quota phase allocation

Note: The above table uses UTC time every day, which is converted into GMT+8 time from 08:00:00 am on the same day to 07:59:59 am the next day.

Notice:

• Binance will randomly take snapshots of user holdings and the total holdings of the mining pool several times every hour to calculate the user's average hourly holdings and calculate mining rewards;

• Users can collect mined tokens (the reward amount is updated every hour) to their spot accounts at any time;

• The annualized income and total holdings data of each mining pool will be updated in real time;

• Each mining pool calculates annualized returns separately. Users can flexibly allocate tokens to corresponding mining pools, but multiple mining of one coin is not supported;

• Users can redeem tokens from a mining pool and transfer them to other mining pools at any time;

• After all the tokens in the mining pool are mined, the assets involved in the mining and the tokens that have not yet been claimed will be automatically returned to the user's spot account;

• Binance BNB Revenue Pool will support the current NTRN new coin mining. The BNB in ​​the BNB Revenue Pool will automatically participate in the NTRN new coin mining. NTRN rewards will be distributed to the user's spot wallet every day;

• When there are multiple new coin mining projects running at the same time, unless otherwise specified, the user's BNB in ​​the BNB revenue pool will be evenly distributed to multiple new coin mining projects;

• BNB transferred to the mining pool will still enjoy the standard BNB holding statistics, such as airdrops, Launchpad holding statistics, VIP benefits, etc.

• In the event of any discrepancy between the translated version and the original English version, the English version shall prevail.

Related Links

Official website: https://neutron.org

Whitepaper: https://docs.neutron.org

Twitter：https://twitter.com/Neutron_org

Discord：https://discord.com/invite/zRT2ZkQsxA

Telegram：https://t.me/neutron_community

Whether a user can participate in Launchpool will be restricted by the country or region where they are located.

Please note that the list of restricted countries or regions below is not comprehensive and may be updated as local laws, regulations and other considerations change.

Users must complete identity verification (KYC) and are not in the following countries or regions to participate in the new coin mining.

Currently, users residing in the following countries or regions cannot participate in NTRN new coin mining: Belarus, Canada, Cuba, Crimea, Republic of Congo, Iran, New Zealand, Netherlands, North Korea, South Sudan, Syria, the United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands and the U.S. Virgin Islands), Zimbabwe.

The list of restricted countries or regions may be updated periodically as legal, regulatory and other factors change.
 
Thank you for your support of Binance!

Binance Team

October 10, 2023