Binance has announced that it will list CyberConnect (CYBER) on Launchpool. CyberConnect is a Web3 social network that enables developers to create social applications. It is the 37th project to be listed on Binance Launchpool.
The CyberConnect Launchpool will start on August 2, 2023 00:00 UTC and will run for 30 days. Users will be able to stake their BNB, TUSD, and FDUSD tokens to earn CYBER tokens. The total reward pool for the CyberConnect Launchpool is 3 million CYBER tokens, which represents 3% of the total CYBER token supply.
Binance will then list CYBER at 2023-08-15 12:00 (UTC) and open trading with CYBER/BTC, CYBER/USDT and CYBER/BNB trading pairs ONLY.
What is Binance Launchpool
Binance Launchpool is a platform that allows users to earn new crypto tokens by staking BNB, BUSD, and other supported tokens. It is a more accessible way to participate in token launches than Binance Launchpad, which requires users to purchase lottery tickets with BNB.
To participate in Binance Launchpool, users simply need to stake their tokens in a pool for a specified period of time. The amount of new tokens that they earn will be proportional to the amount of tokens that they stake.
Binance Launchpool has launched a variety of successful projects, including PancakeSwap, Venus, and Bella Protocol. It is a great way to get exposure to new and innovative crypto projects.
The CyberConnect Launchpool is a great opportunity to earn new tokens from a promising project. If you are interested in participating, you can learn more on the Binance website.
CyberConnect Launchpool Details:
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Token Name: CyberConnect (CYBER)
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Total Token Supply: 100,000,000 CYBER
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Launchpool Token Rewards: 3,000,000 CYBER (3% of total token supply)
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Initial Circulating Supply: 11,038,000 CYBER (11.04% of the total token supply)
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Smart Contract Addresses: Ethereum, BNB Smart Chain, Optimism
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Staking Terms: KYC required
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Hourly Hard Cap per User:
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333.33 CYBER in BNB pool
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62.50 CYBER in TUSD pool
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20.83 CYBER in FDUSD pool
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Supported Pools:
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Stake BNB (webpage will be available in around 5 hours): 2,400,000 CYBER in rewards (80%)
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Stake TUSD (webpage will be available in around 5 hours): 450,000 CYBER in rewards (15%)
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Stake FDUSD (webpage will be available in around 5 hours): 150,000 CYBER in rewards (5%)
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Farming Period: 2023-08-02 00:00 (UTC) to 2023-08-31 23:59 (UTC).
CYBER Farming Distribution
Disclaimer: Information on Bitcoinfad is for general knowledge only. Cryptocurrency investment involve risks. Seek professional advice before making financial decisions. Bitcoinfad will not be liable for any losses.
