Introducing Hashflow (HFT) on Binance Launchpool! Farm HFT by Staking BNB and BUSD

Fellow Binancians,

Binance is excited to announce the 31st project on Binance Launchpool - Hashflow (HFT), a decentralized exchange connecting traders with professional market makers.

Users will be able to stake their BNB and BUSD into separate pools to farm HFT tokens over 30 days, with farming starting from 2022-11-01 00:00 (UTC).

Binance will then list HFT into the innovation zone at 2022-11-07 13:00 (UTC) and open trading with HFT/BTC, HFT/BUSD and HFT/USDT trading pairs.

HFT Launchpool Details:

• Token Name: Hashflow (HFT)
• Genesis Token Supply: 1,000,000,000 HFT (Planning a 5% issuance to the DAO treasury per year after 4 years upon token launch, or this can be disabled by DAO voting)
• Launchpool Token Rewards: 15,000,000 HFT (1.5% of genesis token supply)
• Initial Circulating Supply: 175,229,156 HFT (17.52% of genesis token supply)
• Smart Contract Address: HFT (ERC-20); HFT (BEP-20)
• Staking Terms: No upper limit. KYC required

Supported Pools:

• Stake BNB: 12,000,000 HFT in rewards (80%)
• Stake BUSD: 3,000,000 HFT in rewards (20%)
• Farming Period: 2022-11-01 00:00 (UTC) to 2022-11-30 23:59 (UTC).

HFT Farming Distribution

Read about Hashflow (HFT) 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% 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 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://www.hashflow.com/

Whitepaper: https://docs.hashflow.com/hashflow/

Telegram: https://t.me/hashflownetwork

Twitter: https://twitter.com/hashflow

Discord: https://discord.gg/hashflow

Reminder: Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming HFT.

* Users from the following countries or regions will not be able to participate in farming HFT:

Belarus, Cuba, Democratic Republic of Congo, Iran, Iraq, New Zealand, North Korea, Singapore, Sudan, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), Zimbabwe.
Thanks for your support!

Binance Team

2022-10-31

Trade on-the-go with Binance’s crypto trading app (iOS/Android)

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Note: This announcement was last updated on 2022-11-03 to remove the special note on BNB Vault as BNB Vault is now supporting HFT Launchpool.
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.

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