Binance Launches Usual (USUAL) on Launchpool with Pre-Market Trading
The listing of Usual (USUAL) marks a significant moment as Binance becomes the first platform to introduce this innovative stablecoin. Pre-market trading for USUAL will begin on November 19, 2024, at 1:00 PM UTC. However, users should exercise caution, as pre-listing sales may involve risks, with some transactions potentially being fraudulent.
To participate, users will have the opportunity to farm USUAL tokens through Binance Launchpool, where they can stake BNB and FDUSD in supported pools. The Launchpool farming period will begin on November 15, 2024, at 03:00 UTC, and will last until November 18, 2024, at 02:59 UTC.
Launchpool Farming and Pre-Market Trading Details
As part of the USUAL listing on Launchpool, Binance users will be able to engage in two key activities:
- Pre-Market Trading: Trading will begin with the USUAL/USDT pair, with a pre-market limit of 40,000 USUAL per user. Exact details on the conclusion of the pre-market and the official spot listing will be announced later.
- Launchpool Farming: Starting from November 15, 2024, users can farm USUAL by staking BNB and FDUSD in supported pools. The farming period will end on November 18, 2024, giving users four days to participate.
USUAL Token Details
Here’s a quick breakdown of the key details for the Usual (USUAL) token:
- Token Supply: 4,000,000,000 USUAL
- Launchpool Token Rewards: 300,000,000 USUAL (7.5% of the total supply)
- Initial Circulating Supply: 494,600,000 USUAL (12.37% of the total supply)
- Network: Ethereum (Contract:
0x430a2712cEFaaC8cb66E9cb29fF267CFcfA38a42
)
Launchpool Pools and Rewards
Participants can stake BNB or FDUSD in two different pools to earn rewards in USUAL tokens:
- BNB Pool: 255,000,000 USUAL (85% of the total rewards)
- FDUSD Pool: 45,000,000 USUAL (15% of the total rewards)
Each pool will have an hourly reward limit:
- BNB Pool Limit: 265,625 USUAL per hour
- FDUSD Pool Limit: 46,875 USUAL per hour
To participate in the farming process, users must complete the required KYC (Know Your Customer) verification. Additional terms and conditions for Launchpool participation will be available on Binance’s official website soon.
Conclusion
Binance’s launch of Usual (USUAL) on Launchpool opens up new opportunities for users to farm tokens and participate in pre-market trading. With a $1.3 billion market cap already reached and strong support from Binance, USUAL is poised to make waves in the decentralized fiat stablecoin space. However, users should remain cautious during the pre-market phase and ensure they understand the risks before participating.
Stay tuned for further updates and details on the official spot listing of USUAL, and don’t miss the chance to be part of this exciting new project in the cryptocurrency world!