Fellow Binancians,
Binance is excited to announce the 20th project on Binance Launchpool - Automata (ATA), a decentralized service protocol that provides a privacy middleware layer for dApps.
Users will be able to stake their BNB, BUSD and DOT into separate pools to farm ATA tokens over 30 days, with farming starting from 2021-06-02 00:00 AM (UTC).
Binance will then list ATA into the innovation zone at 2021-06-07 06:00 AM (UTC) and open trading with ATA/BTC, ATA/BNB, ATA/BUSD and ATA/USDT trading pairs.
ATA Launchpool Details:
- Token Name: Automata (ATA)
- Maximum token supply: 1,000,000,000 ATA
- Launchpool token rewards: 40,000,000 ATA (4% of maximum token supply)
- Initial Circulating Supply: 172,252,000 ATA (17.2% of maximum token supply)
- Smart Contract Address: ATA (ERC-20); ATA (BEP-20)
- Staking Terms: No upper limit. No KYC required
Supported Pools:
- Stake BNB: 28,000,000 ATA in rewards (70%)
- Stake BUSD: 4,000,000 ATA in rewards (10%)
- Stake DOT: 8,000,000 ATA in rewards (20%)
- Farming Period: 2021-06-02 00:00 AM (UTC) to 2021-07-01 11:59 PM (UTC).
ATA Farming Distribution
| Dates (00:00:00 - 23:59:59 UTC each day) | Total Daily Rewards (ATA) | BNB Pool Daily Rewards (ATA) | BUSD Pool Daily Rewards (ATA) | DOT Pool Daily Rewards (ATA) |
| 2021-06-02 - 2021-06-06 | 4,000,000 | 2,800,000 | 400,000 | 800,000 |
| 2021-06-07 - 2021-07-01 | 800,000 | 560,000 | 80,000 | 160,000 |
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 poolâs 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% into 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 userâs 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://ata.network
Whitepaper: https://www.ata.network/lightpaper.pdf
Telegram: https://t.me/ata_network
GitHub: https://git.io/Jsbrp
Twitter: https://twitter.com/automatanetwork
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
2021-06-01
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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.
Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.