Binance has just announced the launch of project number 40 on the Binance Launchpool, Fusionist (ACE). ACE is the native token of Endurance, a decentralized blockchain designed to host Fusionist, a AAA web3 game.
This new project provides users with the opportunity to participate in the Binance Launchpool and obtain ACE tokens by staking BNB and FDUSD in separate pools during a five-day period, starting on December 13, 2023, at 00:00 (UTC).
Introducing @fusionistio $ACE on #Binance Launchpool!
Farm #ACE by Staking $BNB and $FDUSD.
➡️ https://t.co/SRQIqQJy4d pic.twitter.com/HBb29LFOX1
— Binance (@binance) December 11, 2023
The total supply of ACE tokens is 147,000,000, and the Launchpool will distribute rewards equivalent to 7% of this supply, i.e., 10,290,000 ACE. With an initial circulating supply of 21,969,520 ACE. Representing 14.95% of the total supply, the project outlines key details for interested participants.
ACE’s listing date on the exchange is scheduled for December 18, 2023, at 06:00 (UTC). Once listed, users will be able to trade ACE with pairs such as ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY. The Seed Tag will be applied to ACE in this process.
Binance Sets Specific Requirements
The Launchpool also has specific requirements, as KYC verification will be required to participate. Additionally, there is a maximum limit per user, with 6,860 ACE in the BNB pool and 1,715 ACE in the FDUSD pool per hour.
It is essential to note that during the farming period, spanning from December 13 to December 17, 2023, users can accumulate and claim their rewards, calculated hourly, directly into their spot accounts.
The initiative includes support for participants using Binance BNB Vault and Locked Products. Those who have staked BNB in these options will automatically participate in the ACE Launchpool. They will receive rewards corresponding to their contribution.
Binance aims to provide a transparent and beneficial experience for users participating in the Fusionist Launchpool. This new project stands out for its focus on decentralization and the integration of web3 games. Offering users the opportunity to be part of this exciting initial phase.
