Binance announced these two altcoins as the 36th and 37th projects!

Cryptocurrency exchange Binance announced that two altcoin projects will be added to Binance Launchpool. In an announcement released by the exchange, it was stated that Sei Network (SEI) and CyberConnect (CYBER) will be added to Binance Launchpool. Binance users will be able to stake BNB, TUSD, and FDUSD in pools created on Binance Launchpool and earn SEI and CYBER tokens.

Sei Network and CyberConnect are the latest projects on Binance Launchpool

Binance, the world’s largest cryptocurrency exchange, announced Sei Network as the 36th project listed on Binance Launchpool and CyberConnect as the 37th project. Users will be able to stake BNB, TUSD, and FDUSD in Launchpool pools, which are expected to open in the next 5 hours, and earn SEI and CYBER tokens.

For Sei Network, users can place their BNB, TUSD, and FDUSD into separate pools and farm SEI tokens starting at 03:00 on August 2 for 30 days.

For CyberConnect, users can also place their BNB, TUSD, and FDUSD into a separate pool and farm CYBER tokens over 30 days, starting at 03:00 on August 2, just like SEI tokens.

Token Allocation Details

A total of 300 million SEI tokens, equivalent to 3% of the total SEI token supply, have been allocated for Sei Network mining. For CyberConnect, 3 million CYBER tokens, equivalent to 3% of the total CYBER token supply, have been allocated.

80% of the total reward amount will be allocated to BNB stakers of SEI and CYBER, 15% to TUSD stakers, and 5% to FDUSD stakers.