Vana project is a native EVM-compatible L1 blockchain for user-owned data. $VANA is the native token of the Vana Network, powering its ecosystem and supporting secure, user-owned, decentralized data transactions. It plays a central role in the network's multi-token ecosystem.
Total Supply: 120,000,000 $VANA
Ecosystem and Community: 66.9%
Float at TGE: 28.5%
Token Utility:
🔸 Network security
🔸 Governance voting
🔸 Transaction fees
🔸 DataDAO participation
🔸 Data access currency
Token Distribution:
Community: 44.0% (No cliff, 36mo unlock)
Ecosystem: 22.9% (No cliff, 48mo unlock)
Core Contributors: 18.8% (5-year vest: 1yr cliff + 4yr unlock)
VANA Launchpool Details:
Token Name: Vana (VANA)
Max Token Supply: 120,000,000 VANA
Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply)
Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply)
Initial Circulating Supply When Listed on Binance Spot: 30,084,000 VANA (25.07% of max token supply)
Research Report: Vana (VANA) (will be available within 12 hours of publishing this announcement）
Layer 1 Network Details: Vana explorer
How to participate on VANA Launchpool
Lock BNB (webpage will be available in around 12 hours): 4,080,000 VANA in rewards (85%)
Lock FDUSD (webpage will be available in around 12 hours): 720,000 VANA in rewards (15%)
Farming Period: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC).
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour.Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
Tokens can only be locked in one Launchpool offer at a time. For example, if User A has 100 BNB, they cannot lock 100 BNB in Launchpool offer A and concurrently lock some or all of that BNB in Launchpool offer B. However, User A can divide their BNB holdings across multiple Launchpool offers. For example, User A can allocate 60 BNB into Launchpool offer A and 40 BNB into Launchpool offer B.
Tokens can only be locked in one pool at a time when the user locked BNB in BNB Earn Product. For example, User A cannot lock the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.
Tokens can only be locked in one pool at a time. For example, User A cannot lock the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.
Users will be able to unlock their funds at any time with no delay and participate in any other available Launchpools immediately.
Tokens locked in each Launchpool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.
Users who have locked their BNB in Flexible Products and Locked Products including Binance BNB Simple Earn Flexible and Locked will automatically participate in the Launchpool, and receive new token rewards.
If there is more than one Launchpool project running concurrently, users' BNB assets in BNB Flexible Products and Locked Products will be split and allocated into each project equally unless otherwise specified.
BNB Flexible Products assets used as collateral for Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.
Staked Lista BNB (slisBNB) and Lista collateral BNB (clisBNB) in Binance Web3 MPC Wallet will be supported in Launchpool reward calculation.
BNB locked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdropsand VIP benefits.
Trading Bots & Spot Copy Trading will be enabled for the aforementioned token within 12 hours of it being listed on Spot. For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.
Users will be able to lock their BNB and FDUSD to receive VANA Airdrops over two days, with farming starting from 2024-12-14 00:00 (UTC).
Binance will then list VANA at 2024-12-16 10:00 (UTC) and open trading with VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs
