š„šBinance announces next Launchpool project: New mode is coming
Binance, the world's largest cryptocurrency exchange, is the 41st. He explained the Launchpool project. Accordingly, the new Launchpool will be made for NFPrompt (NFP).
Users will be able to earn NFP by staking their BNB, FDUSD and/or TUSD in different pools for seven days. The stake process, called "Farming", will start tomorrow at 03.00 TSI. NFP will be listed on Binance on December 27 at 13.00 with NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD trading pairs.
The āFair Modeā model for Launchpool
On the other hand, Binance announced that it has created a new model in Launcpool together with NFP. It was stated that this new model, called āFair Mode", is designed to protect and maximize the interests of the community and individual users. According to the new model, āsignificantlyā more tokens will be allocated to the community during the initial circulation phase, and all Launchpool tokens will be made available before listing. In addition, in order to further reduce the inflation pressure of the new mode, it was noted that some allocated tokens will be permanently blocked from entering circulation.
The total token supply of NFP will be 1 billion units. 110 Million units of this, corresponding to 11 percent, will be issued on the Binance Launchpool. The first circulation of NFP will be 250 million units.
41. With the announcement of the Launchpool project, there was an increase in the price of BNB. Cryptocurrency has risen from $ 245 to $ 253
