Introducing Hard Protocol (HARD) on Binance Launchpool! Farm HARD By Staking BNB, BUSD & KAVA Tokens

Fellow Binancians,

Binance is excited to announce the 7th project on Binance Launchpool - Hard Protocol (HARD), a permissionless and decentralized cross-chain money market.

Users will be able to stake their BNB, BUSD and KAVA tokens into separate pools to farm HARD tokens over 30 days, with farming starting from 2020/11/03 0:00 AM (UTC).

Binance will then list HARD into the innovation zone at 2020/11/06 6:00 AM (UTC) and open trading with HARD/BTC, HARD/BNB, HARD/BUSD and HARD/USDT trading pairs.

HARD Launchpool Details:

Token Name: Hard Protocol (HARD)

Total Token Supply: 80,000,000 HARD

Max Token Supply: 200,000,000 HARD

Launchpool token rewards: 6,000,000 HARD (7.5% of Total Token Supply)

Initial Circulating Supply: 29,200,000 HARD (34.35% of total supply)

Staking Terms: No upper limit. No KYC required.

Supported Pools: 

• Stake BNB: 3,600,000 HARD in rewards (60%) 
• Stake KAVA: 1,800,000 HARD in rewards (30%)
• Stake BUSD: 600,000 HARD in rewards (10%)
• Farming Period: 2020/11/03 0:00 AM (UTC) to 2020/12/03 0:00 AM (UTC).

Read about Hard Protocol (HARD) in our research report here.

Please note:

• Snapshots of user balances and total pool balances will be taken each hour to calculate user rewards, which will also be updated each hour.
• Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
• Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
• Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% in pool B.
• Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.
• Tokens staked in each pool and also any unclaimed rewards  will be automatically transferred to each user’s spot accounts at the end of each farming period.
• BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.

Project Links

Website: https://hard.kava.io

Whitepaper: https://medium.com/kava-labs/introducing-harvest

Telegram: https://t.me/hard_protocol 

Twitter: https://twitter.com/hard_protocol 

Medium: https://medium.com/kava-labs 

Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. Binance will make best efforts to choose high-quality coins, but will not be responsible for your trading losses.

Thanks for your support!

Binance Team

2020/11/02

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