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- Binance, the world’s largest cryptocurrency exchange, has announced its selection for the 54th Launchpool project.
- The community cryptocurrency Notcoin (NOT), which uses a tap-to-earn mining mechanism, has been chosen as the 54th Launchpool project.
- Binance will list the new altcoin NOT with “seed label” trading pairs NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY on May 16th at 15:00 TSİ.
Binance, the world’s leading cryptocurrency exchange, has selected Notcoin (NOT) for its 54th Launchpool project. The altcoin, which uses a tap-to-earn mining mechanism, will be listed with multiple trading pairs.
Notcoin Chosen for 54th Launchpool Project
Binance announced on May 9th that Notcoin (NOT), a community cryptocurrency that utilizes a tap-to-earn mining mechanism, has been chosen as the 54th Launchpool project. This selection highlights Binance’s ongoing commitment to fostering innovation and growth within the crypto community.
Listing Details and Trading Pairs
The new altcoin NOT will be listed with “seed label” trading pairs NOT/BTC, NOT/USDT, NOT/BNB, NOT/FDUSD, and NOT/TRY on May 16th at 15:00 TSİ. This diverse range of trading pairs provides ample opportunities for traders to engage with this new cryptocurrency.
Farming Opportunities and Reward Distribution
According to the information provided, Launchpool users will be able to farm for three days starting from May 13th. Users who wish to earn NOT will need to stake BNB or FDUSD. The total supply of NOT, which is 102,719,221,714, will have 3% of its million part distributed as a reward in Launchpool. Furthermore, the entire supply of the token will be introduced to the market.
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Stake Allocation and Reward Pools
The reward program will feature two different pools, with 80% of the reward in the BNB pool and 20% in the FDUSD pool. Users staking BNB will be allocated 2.61 billion NOT, while those staking FDUSD will receive a 462 million NOT share.
Conclusion
This latest announcement from Binance underscores the exchange’s commitment to fostering innovation in the crypto space. The selection of Notcoin for the 54th Launchpool project offers exciting opportunities for traders and further expands the diverse range of cryptocurrencies available on the platform.
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