Binance Selects Ethena (ENA) as the 50th Launchpool Project, Prompting a Surge in BNB Price!

Binance Launchpool Announcement: Ethena (ENA) Chosen as 50th Project

Binance Launchpool, recognized as the world’s largest cryptocurrency exchange, has unveiled its latest project, marking the milestone of the 50th addition to its platform.

Binance has officially announced that the 50th project joining its Launchpool is Ethena (ENA).

According to Binance:

• Ethena (ENA) is a synthetic dollar protocol.
• The launch webpage is expected to be live 5 hours before the commencement of the Launchpool.
• Users will have the opportunity to stake their BNB and FDUSD tokens separately in designated pools to earn ENA tokens through farming over a three-day period, starting from 30.03.2024 00:00 (UTC).
• Binance will list ENA on 02.04.2024 at 08:00 (UTC).
• ENA will be tradable with various trading pairs including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY.
• ENA will be listed with its Seed Tag on Binance.
• It’s important to note that Binance will be the first platform to list ENA, and trading will commence on 02.04.2024. Any claims suggesting availability before this timeline are inaccurate. Users are advised to conduct their own research for the safety of their funds.

Following this announcement, the price of BNB experienced a notable increase.

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