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- Users can farm NFP tokens for seven days by staking BNB, FDUSD, and TUSD in separate pools.
- NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY trading pairs will be available for trading. Seed Tag will be applied to NFP.
- NFPrompt is the first platform in Web3, the Prompt Artist Platform, that turns your imagination into an AI-generated NFT.
Binance, the world’s largest cryptocurrency exchange, has introduced its 41st launchpool project: What is NFPrompt? When does Launchpool begin?
Binance Announces New Launchpool Project
Binance has announced NFPrompt (NFP) as the 41st project on the Binance Launchpool. The web page is expected to be available approximately 5 hours before the start of Launchpool. Users can stake BNB, FDUSD, and TUSD in separate pools to farm NFP tokens for seven days, and the farming process will commence on December 20, 2023, at 00:00 UTC.
NFPrompt is the first platform in Web3, the Prompt Artist Platform, that turns your imagination into an AI-generated NFT. Collectors and enthusiasts can buy/sell NFTs along with the used prompt.
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Binance will later list NFP on December 27, 2023, at 10:00 UTC, and NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY trading pairs will be available for trading. Seed Tag will be applied to NFP.
NFP Launchpool Details:
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- Token Name: NFPrompt (NFP)
- Total Token Supply: 1,000,000,000 NFP
- Launchpool Token Rewards: 110,000,000 NFP (11% of the total token supply)
- Initial Circulating Supply: 250,000,000 NFP (25% of the total token supply)
- Smart Contract Details: NFP Token (NFP)
- Staking Requirements: KYC is required
Supported Pools:
- BNB Staking: 88,000,000 NFP reward (80% of the total reward)
- FDUSD Staking: 11,000,000 NFP reward (10% of the total reward)
- TUSD Staking: 11,000,000 NFP reward (10% of the total reward)
About Fair Mode
Fair Mode is a new model initiated by Binance Launchpool. Designed to protect and maximize the interests of the community and retail users, Fair Mode will allocate significantly more tokens to the community during the initial circulation stage and release all Launchpool tokens before listing. Additionally, Fair Mode will prevent some allocations from entering circulation continuously to further reduce inflation pressure.
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