Binance Launchpool, the world's largest cryptocurrency exchange, announced the 50th project on its platform.
Binance stated that the new Launchpool project is Ethena (ENA).
“Binance is excited to announce that Ethena (ENA), a synthetic dollar protocol, is the 50th project on the Binance Launchpool.
It is estimated that the web page will be ready 5 hours before Launchpool starts.
Users will be able to stake their BNB and FDUSD in separate pools to collect ENA tokens for farming over three days, starting 30.03.2024 00:00 (UTC).
Binance will then list ENA on 02.04.2024 at 08:00 (UTC).
It will begin trading with trading pairs ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD and ENA/TRY.
Binance will list ENA with its Seed Tag.
IMPORTANT: Binance will be the first platform to list the above-mentioned token and trading will start from 02.04.2024. Any claims that this token was made available before the stated timeline are false. Please do your own research to ensure the safety of your funds!”
After the news, BNB price started to rise.
*This is not investment advice.