The world’s leading cryptocurrency exchange, Binance, has recently announced its 40th Launchpool project. This time around, it’s the Fusionist (ACE) token that’s getting the spotlight. As with previous Launchpool projects, users are given the chance to stake their BNB and FDUSD tokens in order to farm ACE tokens over a period of five days.
Unveiling the Fusionist (ACE) Token
The Fusionist (ACE) token is the native token of Endurance, a decentralized gaming and social blockchain platform. This platform is gearing up to host Fusionist, a Web3 AAA game. The Binance Launchpool and Fusionist (ACE) Token initiative allows users to stake their BNB and FDUSD stablecoins in separate pools to farm ACE tokens over a five-day period. This farming activity is set to commence on December 13, with participants required to meet standard KYC requirements before they can stake.
Staking Limits and Rewards
For the BNB pool, the hourly hard cap per user is set at 6,860 ACE, while the FDUSD pool has a cap of 1,715 ACE. Users who stake BNB will share in 8,232,000 ACE rewards, while those staking FDUSD will share in 2,058,000 ACE tokens. Binance will be taking snapshots of user and total pool balances multiple times per hour to ensure fairness and accuracy. Rewards will be updated hourly, allowing users to accumulate and claim rewards directly from their spot accounts at any time. However, Binance restricts staking tokens to one pool per user.
ACE Token Listing and Trading Pairs
Binance has tentatively scheduled the listing of the ACE token for December 18. Once live, potential trading pairs include ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY. The project comes with a total supply of 147,000,000 ACE, with Launchpool Token Rewards accounting for 10,290,000 ACE, which represents only 7% of the total token supply. The initial circulating supply is set at 21,969,520 ACE, representing 14.95% of the total token supply.
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Please note: The content of this article is for informational and educational purposes only and does not constitute financial advice. Always do your own research before making any investment decisions.
