For another time, here’s another grand opportunity Binance introduces on its Launchpool for its users!
Binance Launchpool is a product on Binance through which users can farm new token rewards by staking BNB or FDUSD. It allows users to participate in the initial distribution of new tokens by providing liquidity. Launchpool allows users to farm new assets and receive token rewards by staking BNB and FDUSD freely.
Be excited to learn that Binance introduces the 52nd project on its Launchpool; this project is none other than OMNI Network! A layer 1 blockchain designed to integrate Ethereum’s rollup ecosystem into a single and unified system. Binance Launchpool users will be able to stake their BNB or FDUSD into separate pools to farm OMNI tokens over just 4 days, with farming starting from 13th April, 2024 exactly by 12am UTC.
Wondering why OMNI Network comes in? Here’s why:
Ethereum’s adoption of the rollup-centric roadmap has created isolated execution environments, dividing capital, users, and developers across rollup domains.
Addressing these issues, Omni was developed to provide Ethereum native interoperability in a secure, performant, and globally compatible manner.
Omni establishes a new precedent for secure interoperability by deriving its crypto-economic security from restaked ETH.
Building on its novel security framework, Omni features a custom network architecture that is capable of verifying cross-rollup messages with sub-second finality.
And now about the OMNI token farming on Binance Launchpool, the farming participants who stake BNB or FDUSD in any of the pools will be rewarded with free OMNI tokens before listing according to their staked asset value.
Binance will then list OMNI on 17th day of April, 2024, and open trading with OMNI/BTC, OMNI/USDT, OMNI/BNB, OMNI/FDUSD and OMNI/TRY trading pairs. The Seed Tag will be applied to OMNI.
Attention!
Note: that Binance will be the first platform to list the token mentioned herein, with trade starting on 17th April, 2024. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds!
Ready to start now?
Here are the steps to getting started with farming free tokens on Binance Launchpool:
Step 1:
Open Binance Launchpad page thereby using the search box at the top side of your Binance app homepage. Type the name ‘Launchpad, search for it, get it and go for it.
Step 2:
Start from here or simply navigate to the Launchpool Section.
Step 3:
Open The OMNI Network Farming option to proceed the proceeding procedure.
Step 4:
Depending on your asset availability, select the pool to stake your asset, either that of BNB or the other of FDUSD.
Step 5:
Proceed to stake your asset to start farming free OMNI tokens freely.
Remember, the OMNI Network token farming will only last for 4 days; starting from 13th April, 2024 to 16th April, 2024.
Need further information?
Read about the Farming Allocation and other Token Launchpool Details you must know on the Launchpool Page.
Enjoy your free farming on Binance Launchpool!