Binance provides Ethena (ENA) as fiftieth Launchpool challenge

• Binance has launched Ethena (ENA), an artificial greenback protocol, because the fiftieth Launchpool challenge.
• Farming ENA by staking BNB and FDUSD is open for 3 days from March 30, 2024.
• Binance will open buying and selling for ENA on April 2, 2024.

Ethena (ENA) is the 50th challenge to hit the Binance Launchpool.

That is after Binance, the world’s largest crypto change by buying and selling quantity, introduced the chance for customers to farm ENA tokens forward of buying and selling help subsequent week.

Ethena (ENA) to record on Binance

Binance mentioned within the announcement on Friday that customers can now stake BNB and FDUSD and farm ENA tokens for 3 days beginning March 30, 2024 at 00:00 UTC. ENA farming shouldn’t be accessible to customers in Australia, Canada and the US amongst different jurisdictions, Binance famous.

In the meantime, the change would be the first crypto change to open ENA buying and selling on April 2, 2024 at 8:00 UTC.

Supported buying and selling pairs for the brand new token can be ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.

Binance’s Launchpool farming announcement comes a day after Ethena Labs revealed a 750 million airdrop of ENA to its neighborhood on Thursday.

The airdrop will account for five% of the overall provide of ENA and can be open for buying and selling as from April 2. In accordance with the challenge, the airdrop can be open to contributors in its “shard marketing campaign.” This concerned the staking of the artificial greenback (USDe).

Among the high tasks to land on the Binance Launchpool embody Portal, Maverick Protocol, Sui, Aevo, and ETHFI.