About Airdrop
Binance is the world’s largest cryptocurrency exchange by trading volume, recognized for its extensive range of services, including trading, staking, and yield farming. The platform continually innovates by offering new programs that provide users with exclusive access to tokens, rewards, and other unique opportunities in the crypto space. Binance’s Launchpool is one of these initiatives, allowing users to farm new tokens by staking their existing crypto assets, such as BNB and FDUSD.
Vana is a distributed network for private, user-owned data, designed to enable user-owned AI. Users own, govern, and earn from the AI models they contribute to. Developers gain access to cross-platform data to power personalized applications and train frontier AI models.
Binance is excited to announce the 62nd Project on Binance Launchpool – Vana (VANA), a native EVM-compatible L1 blockchain for user-owned data. Users will be able to lock their BNB and FDUSD to receive a share of 4,800,000 $VANA Airdrops over two days, with farming starting from 2024-12-14 00:00 (UTC)! Check our complete and simple step-by-step guide to participate.
Step-by-step guide
- Register on Binance Exchange and complete your KYC.
- Visit the Vana (VANA) on Binance Launchpool Event Page.
- Stake to earn $VANA tokens:
- VANA Launchpool Details:
- Launchpool Token Rewards: 4,800,000 $VANA
- Hourly Hard Cap per User:
- 8,500 $VANA in BNB pool
- 1,500 $VANA in FDUSD pool
- Supported Pools:
- Lock BNB: 4,080,000 $VANA in rewards (85%)
- Lock FDUSD: 720,000 $VANA in rewards (15%)
- VANA Launchpool Details:
Note:
- Farming Period: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC).
- Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.
- Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour.
- Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required.
- Users will be able to unlock their funds at any time with no delay and participate in any other available Launchpools immediately.
- Tokens locked in each Launchpool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.