KEY TAKEAWAYS
- Binance lists Vana (VANA) as the 62nd project on its Launchpool, with trading starting on December 16, 2024.
- Participants can earn VANA tokens by locking BNB and FDUSD, with a total of 4,800,000 VANA available for distribution.
- The VANA Launchpool requires KYC verification and has regional restrictions, excluding countries like the US and Canada.
Binance has announced the listing of Vana (VANA), marking it as the 62nd project on the Binance Launchpool. Vana is an EVM-compatible Layer 1 blockchain designed for user-owned data. The trading of VANA is set to commence on December 16, 2024, at 10:00 UTC.
Users can participate in the VANA Launchpool by locking their BNB and FDUSD to receive VANA airdrops. The farming period will begin on December 14, 2024, at 00:00 UTC and will last for two days. The Launchpool will distribute a total of 4,800,000 VANA tokens, which is 4% of the maximum token supply.
Launchpool Details and Trading Pairs
The maximum token supply for VANA is set at 120,000,000, with an initial circulating supply of 30,084,000 VANA when listed on Binance Spot. The trading pairs available will include VANA/USDT, VANA/BNB, VANA/FDUSD, and VANA/TRY.
Participants in the Launchpool must complete KYC verification to Binance’s satisfaction. The hourly hard cap per user is set at 8,500 VANA in the BNB pool and 1,500 VANA in the FDUSD pool. The rewards will be distributed with 85% allocated to the BNB pool and 15% to the FDUSD pool.
Participation and Eligibility
Users can accumulate and claim their rewards directly to their spot accounts at any time. However, participation is subject to regional eligibility, with certain countries excluded from farming VANA. These include Australia, Canada, the United States, and others.
Binance reserves the right to disqualify participants engaging in dishonest activities. The full announcement and details about the Vana Launchpool can be found here.
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 on Launchpool, with trading starting December 16, 2024. Users can farm VANA by locking BNB and FDUSD.){kind=link}