Bitcoin Exchange Binance Announces the Altcoin It Chose for Its 62nd Launchpool Project! Here Are the Details

Binance, the world’s leading cryptocurrency exchange, announced Valve (VANA) as the 62nd project on the Launchpool platform.

Binance Introduces Valve (VANA) on Launchpool

Valve is an EVM-compatible native Layer 1 blockchain designed to leverage user-owned data.

VANA Farming on Binance Launchpool

Users can lock up BNB and FDUSD to earn VANA tokens as rewards. Farming begins at 03:00 on December 14, 2024 and continues for two days until 02:59 on December 15, 2024.

Key Launch Details

Token Name: Valve (VANA)

Maximum Token Supply: 120,000,000 VANA

Genesis Token Supply: 112,641,600 VANA (93.87% of maximum supply)

Launchpool Token Rewards: 4,800,000 VANA (4% of maximum supply)

Initial Circulating Supply on Binance Spot: 30,084,000 VANA (25.07% of max supply)

Trade Information

Binance will list VANA on December 16, 2024 at 1:00 PM with the following trading pairs:

VANA/USDT

VALVE/BNB

VANA/FDUSD

VALVE/TRY

The Seed Tag will be applied to VANA and will highlight it as an innovative yet potentially volatile token.

VANA Farm Pools

BNB Pool: 4,080,000 VANA rewards (85% of total rewards).

FDUSD Pool: 720,000 VANA rewards (15% of total rewards).

Fixed Hourly Upper Limit per User:

8,500 VANA for BNB pool.

1,500 VALVE for FDUSD pool.

The special web page for Fariç will go live approximately 12 hours before farming begins.

What is a Valve?

Valve is a blockchain project focused on creating a user-centric ecosystem that facilitates the ownership and monetization of personal data.

Its infrastructure provides a foundation for decentralized applications, giving users control over their data.

Binance users are advised to review the research report and practice risk management when participating in Launchpool or trading VANA tokens.

*This is not investment advice.

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