Binance, the world’s largest cryptocurrency exchange, has announced its 40th project on Binance Launchpool, extending its support to the Fusionist (ACE) token. ACE serves as the native token of Endurance, a decentralized gaming and social blockchain platform that is gearing up to host Fusionist, a highly anticipated Web3 AAA game.
Staking opportunities for ACE tokens
As part of the Launchpool program, Binance is providing users with the opportunity to stake their BNB (Binance Coin) and FDUSD stablecoins in separate pools to farm ACE tokens. The farming activity is set to commence on December 13, allowing participants to earn ACE tokens over five days. However, prospective participants must first fulfill the standard Know Your Customer (KYC) requirements before staking.
For the BNB pool, there is an hourly hard cap of 6,860 ACE tokens per user, while the FDUSD pool has a cap of 1,715 ACE tokens per user. Those who choose to stake BNB will share in a total reward pool of 8,232,000 ACE tokens, while FDUSD stakes will have access to 2,058,000 ACE tokens.
Binance has implemented measures to ensure fairness and accuracy in the staking process. Snapshots of user and total pool balances will be taken multiple times per hour. Additionally, user rewards will be updated on an hourly basis, enabling users to accumulate and claim their rewards directly from their spot accounts at their convenience. It’s important to note that Binance restricts staking tokens to one pool per user to maintain fairness in the allocation of rewards.
Listing of ACE token
The ACE token is scheduled to be listed on Binance on December 18, just five days after the launch of the staking program. Traders and investors will have access to various trading pairs, including ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY.
Fusionist’s ACE token boasts a total supply of 147,000,000 ACE tokens, with Launchpool Token Rewards accounting for 10,290,000 ACE tokens, representing a modest 7% of the total token supply. The initial circulating supply is set at 21,969,520 ACE tokens, equivalent to approximately 14.95% of the total token supply.
The Fusionist project, hosted on the Endurance blockchain, is generating significant interest within the blockchain gaming and decentralized application (dApp) community. Fusionist promises to be a Web3 AAA game, combining cutting-edge technology and immersive gameplay to deliver a unique gaming experience. With Binance’s support and the launch of the ACE token, Endurance, and Fusionist are poised for a bright future.
Binance’s decision to support the Fusionist (ACE) token through its Launchpool program underscores the exchange’s commitment to fostering innovation within the blockchain and cryptocurrency ecosystem. By providing a platform for promising projects like Fusionist, Binance plays a pivotal role in the development and adoption of blockchain technology and decentralized applications.
Participation and getting started
For users eager to participate in the ACE token staking program, the process is straightforward. Ensure you have completed the KYC requirements, and then choose whether to stake BNB or FDUSD in their respective pools. The staking program is an opportunity to not only support a promising project but also earn ACE tokens as rewards.
