Farm ACE (Fusionist) on Binance Launchpool
The 40th project is about to start in a little over 20 hours from now on Binance Launchpool. The token Fusionist (ACE) can be farmed by staking FDUSD and BNB. Here's to share some quick details about it.
Launchpool Details
Farming Period: 5 days, 13th December 00:00 UTC to 18th December, 23:59 UTC
Token Rewards: 10.29 million ACE (7% of total token supply)
Initial Circulating Supply: 14.95% of total token supply (21,969,520 ACE)
Only KYC-verified users are eligible to participate.
Supported Pools
Users are allowed to stake separately in any of the supported pools to earn ACE. The rewards are calculated every hour and can be claimed at any time. Rewards that are not claimed by users will be automatically credited to their Spot Wallet when the farming period ends.
Those who have their BNB in BNB Vault and other Locked Products will automatically be considered participants in the ACE Launchpool, and receive ACE rewards.
The pools have no lockup periods so users can remove or unstake their assets at any time without any restrictions.
The total reward per day is 2.058 million ACE for both pools.
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411,600 ACE or 20% of the reward is allocated for this pool. The maximum hourly reward per user is 1,715 ACE. While farming is yet to start, there are 98,926,870.5054 FDUSD already staked.
80% of the Launchpool reward or 8,232,000 ACE is allotted on this and the total reward per day is 1,646,400. The maximum cap per user per hour is 6,860 ACE.
At the time of this writing, there are already 1,475,011 BNB staked on this pool even if it is yet to start.
Token Listing
ACE is scheduled to get listed on Binance with the Seed Tag (which means it has high volatility) on the 18th of December at 06:00 (UTC) and will open trading with the following trading pairs¹:
- ACE/BTC
- ACE/USDT
- ACE/BNB
- ACE/FDUSD
- ACE/TRY
Endurance Blockchain
Accordingly, "Endurance is an EVM-compatible blockchain that is known for its scalability, security, and transparency, and focuses on GameFi and SocialFi. The blockchain offers features such as fast transaction speeds and low fees. The Endurance ecosystem is quite robust and includes wallet services, game publishers, blockchain technology, and developers."²
Per the introduction on its website, it is a social and game-oriented infrastructure layer.³ Binance Research also described it as a decentralized game and social blockchain that will be housing Fusionist, a web3 AAA game.⁴
Endurance has already existing and working products and/or applications:
Endurance Mainnet - this was launched in January
Expedition, a browser-based game on the Endurance blockchain.
Auction house of Expedition on Endurance
Fusionist on Steam
BOAT (Bound On-Chain Achievement Token) which is an SBT, "a proof of identity for outstanding contributions to the Fusionist community. It is one of the criteria for Fusionist airdrop recipients and a condition for obtaining a spot in the event."⁵
ACE Faucet that adds more utility to all the Fusionist’s NFT.
ACE Domain where users can spend ACE mint Endurance Domain.
ACE (Fusionist) Token
ACE is the native token of Endurance Blockchain
- Ticker: $ACE
- Maximum Token Supply: 147,000,000 ACE
- Initial Circulating Supply: 21,969,520 ACE (14.95% of total token supply)
Token Allocation
- Binance Launchpool: 7.00% of the Total Token Supply (TTS) / 10.29 million ACE
- Team: 15% of TTS or 22.05 million ACE
- Investors: 22.50% of TTS or 33.075 million ACE
- Eco-Fund: 11.60% of TTS or 17.052 million ACE
- Incentive Pool: 27% of the TTS or 39.69 million ACE
- Treasury/ Reserve: 9% of the total token supply or 13.23 million ACE
- Marketing/ Collaborators: 3.50% of the TTS or 5.145 million ACE
- Nexus Bond Airdrop: 3.40% of the TTS or 4.998 million ACE
- OKX Jumpstart: 1% of the total token supply or 1.47 million ACE
Utility
Gas fees for all transactions on Endurance Blockchain.
Users can stake their ACE to participate in the governance of the Endurance network.
Used for in-game spending and/or earning - not only limited to the Fusionist game but also on upcoming games built by the Fusionist team and partners.
For users to buy goods and services (social products, domain, etc) in the Endurance ecosystem.
Source
Conclusion
Farming rewards through the Binance Launchpool can be profitable especially if you have large assets to stake. But while it is kind of low risk, users should exercise caution because the value of the farmed token can be very volatile and they can incur opportunity costs.
I would be participating in it especially since the farming period only takes 5 days and if ever I will be needing my funds for something else, I can easily pull them out from the pools at any time.
It is to note that ACE is also being introduced in OKX Jumpstart where users can earn ACE by staking OKB or BTC. More details here.
For infotainment only. Not an endorsement of the token or the service. Please DYOR.
Info Sources:
Lead image created on Canva. Logo/images from Fusionist and Binance. No copyright infringement intended. 12122023/11:30ph
Posted Using InLeo Alpha
Gawin ko nga din ito. Kumita din naman ako sa Meme kahit papano.
Haha go! Oo, tumaas din ang MEME. Good luck!
!PIZZA
Thanks for sharing about it and now I am going to visit binance and join the reward pool using my BNB holding.
A pleasure to share. All the best and happy farming :)
$PIZZA slices delivered:
intishar tipped ifarmgirl
ifarmgirl tipped b-hive
@ifarmgirl(3/5) tipped @djbravo
Oh. Shit I didn't noticed it. Few hours ago I transferred all my USDT in decentralized wallet 🙂 otherwise I might take part in it. It seems I am going to miss this one also.
Thank you for sharing. I will take part if possible.
!PIZZA
That's a good move, Inti. Not keeping your funds on CEX :)
Although yes, the opportunity is just too good to pass, hehe
!PIZZA
!luv
!hug
I sent 1.0 HUG on behalf of @myintmo.shweyi.
(1/3)
Thank you for the tips. !LOLZ
lolztoken.com
She had mittens.
Credit: marshmellowman
@myintmo.shweyi, I sent you an $LOLZ on behalf of ifarmgirl
(1/6)
I have noticed something on Binance that whenever a coin is been listed, it gain more value
That's most likely true. Because it's the largest CEX and people tend to have positive responses.
https://twitter.com/lee19389/status/1734525450742075608
#hive #posh
Thank you very much for telling us about ACE
I’d check it out…
You're very welcome and all the best.
!LADY
https://twitter.com/LovingGirlHive/status/1734549806369149145
I am a binance user and i will look in to it.
Good luck :) Those free coins can be nice especially if you stake larger amounts.
https://twitter.com/jewellery_all/status/1734709025101476283
A coin was launched on Binance two days ago and it is still standing at 100%, so we should definitely invest in such a project.
That's nice. Is it the BRC-20 token 1000sats?
!PIZZA