Important Notice: Binance will be the first platform to list this token, trading will open at 18:00 (UTC+8) on December 16, 2024. Any claims of selling this token before the specified timeline are false advertising. Please do your own research to ensure the safety of your funds!
Dear Users:
Binance Launchpool has now launched the 62nd project - Vana (VANA), a native EVM-compatible L1 blockchain for users holding data.
Users can deposit BNB and FDUSD into the VANA reward pool on the Launchpool website after 08:00 (UTC+8) on December 14, 2024 to obtain VANA. The VANA activity lasts for a total of 2 days. The website is expected to update within approximately twelve hours of this announcement, before the event opens.
New Token Listing
Binance will list Vana (VANA) at 18:00 (UTC+8) on December 16, 2024, and open trading markets for VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY, applicable to seed label trading rules.
Project Details
Token Name: Vana (VANA)
Total Supply of Genesis Tokens: 112,641,600 VANA (93.87% of the maximum token supply)
Maximum Token Supply: 120,000,000 VANA
Initial Circulation of Spot at Listing on Binance: 30,084,000 VANA (25.07% of the maximum token supply)
Total Launchpool Amount: 4,800,000 VANA (4% of the maximum token supply)
Research Report: Vana (VANA) (the report will be available within 12 hours after this announcement)
Network Details: Vana Network Explorer
Restriction Terms: KYC Required
Individual Hourly Reward Cap
BNB Pool: 8,500 VANA
FDUSD Pool: 1,500 VANA
Reward Pool:
BNB Pool (the website will update within twelve hours of this announcement, before the event opens): Total reward 4,080,000 VANA (85%)
FDUSD Pool (the website will update within twelve hours of this announcement, before the event opens): Total reward 720,000 VANA (15%)
Event Time: 08:00 on December 14, 2024 to 08:00 on December 16, 2024 (UTC+8)
Reward Amount Stage Distribution
Note: The above table uses UTC time daily, converted to UTC+8 time is from 08:00:00 in the morning to 07:59:59 the next morning.
Attention:
Binance will take multiple snapshots of users' holdings and the total holdings of the reward pool randomly every hour to calculate users' average holdings per hour and compute rewards.
Users can withdraw the received tokens (reward quantity updated hourly) to their spot accounts at any time;
The total holdings data of each reward pool will be updated in real time;
Each reward pool is calculated separately, users can flexibly allocate tokens to the corresponding reward pools, but multiple mining of one token is not supported;
Users can withdraw tokens from a reward pool at any time and transfer them to other reward pools;
After all the tokens in the reward pool are mined, assets participating in Launchpool and unclaimed tokens will automatically return to the user's spot account;
Binance's BNB flexible earnings pool and BNB fixed products will support this Launchpool. BNB in the BNB flexible earnings pool and BNB fixed products will automatically participate in the Launchpool;
When multiple Launchpool projects are running simultaneously, unless otherwise stated, BNB in the BNB flexible earnings pool and BNB fixed products will be equally distributed among multiple Launchpool projects;
If the BNB flexible holdings earnings pool assets are used as collateral for flexible borrowing, users will not be able to obtain Launchpool earnings;
Launchpool reward calculation will support staking Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance Web3 MPC Wallet;
BNB transferred into the reward pool will still enjoy the standard rights of BNB holdings, such as airdrops, VIP privileges, etc.;
Trading robots and spot follow-up trading will be enabled within 24 hours after the above tokens are listed on the spot. For existing follow-up trading portfolios, users can enable new trading pairs through [Spot Follow-up Settings] - [Personal Trading Pair Preferences];
Participants engaging in fraud or abuse during the Binance Launchpool event may have their qualifications canceled and rewards revoked, including but not limited to: registering accounts from the same IP or device, bulk registering accounts to obtain extra rewards, and any other activities related to illegal or fraudulent activities.
Related Links
Official Website
X
White Paper
Whether users can participate in Launchpool will be subject to restrictions based on their country or region, please refer to the prompts on the Launchpool page.
Please note, the list of restricted countries or regions below is not exhaustive and may be updated as local laws, regulations, and other considerations change.
Users must complete identity verification (KYC) and not be in the following countries or regions to participate in this Launchpool.
Currently, users residing in the following countries or regions cannot participate in the VANA Launchpool: Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, the United States and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, and the U.S. Virgin Islands), any non-government-controlled areas of Ukraine.
The list of restricted countries or regions may be updated regularly as laws, regulations, and other factors change.
Note: There may be differences between the English original announcement and the translated version. In case of discrepancies, please refer to the English original for the latest or most accurate information.
Thank you for your support of Binance!
Binance Team
December 13, 2024
Note: This announcement was updated on December 13, 2024, to clarify that the Launchpool reward calculation will support staking Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance Web3 MPC Wallet.