Binance, one of the largest global cryptocurrency exchanges, is preparing to list a new gaming-related altcoin project. The company revealed that Fusionist (ACE) will be added to its Launchpool platform, allowing users to stake their coins in exchange for new ones.
ACE is the native token of Endurance, a blockchain aimed at decentralized and social gaming. Fusionist, meanwhile, is a high-quality Web3 game that will utilize ACE as its mainnet.
According to Binance, ACE staking is scheduled to begin on Wednesday, and public trading of this altcoin will begin on December 18.
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ACE is the native token of the Endurance blockchain
By listing ACE for trading, Binance will take an investor awareness approach. Tokens will be given an initial label and users will undergo testing every 90 days to ensure they are aware of the risks before trading these tokens.
Users will have the opportunity to stake their BNB and FDUSD tokens in separate pools to farm ACE tokens over a five-day period starting on 12/13/2023 at 00:00 (UTC).
Binance plans to list ACE on 12/18/2023 at 06:00 (UTC) and open trading with the following trading pairs: ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY. The initial label will be applied to ACE as part of the process.
According to Binance, ACE is the 40th project to be available on the Launchpool platform. The total token supply for ACE is 147 million, and the total launch pool rewards will reach 10,290,000 ACE. Thus, corresponding to 7% of the total token supply. The initial circulating supply of ACE is 21,969,520, which represents 14.95% of the total supply.
This move by Binance highlights the exchange’s continued interest in expanding its offering of cryptocurrencies and altcoin projects. At the same time, it promotes investor awareness and safety.
With ACE set to join Binance’s Launchpool platform, cryptocurrency enthusiasts will have the opportunity to explore this new altcoin project. Thus, participating in contributing to its growing ecosystem.
Disclaimer:
The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
Source: https://portalcripto.com.br/binance-anuncia-listagem-de-novo-projeto-de-altcoin-em-plataforma-launchpool/
