How To Earn $PORTAL

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How To Earn PORTAL.png


Portal, the cross-chain platform that aims to unite games and gamers from various blockchain networks, becomes the 47th project launching on the Binance Launchpool this week.

Users can earn the platform's token, $PORTAL, by staking in the supported pools. The farming period started a little over 10 hours ago and will run for 7 days (ends on the 28th of February at 23:59 UTC).

The total reward allocated is 50 million $PORTAL which accounts for 5% of the maximum token supply. As usual, only KYC-verified users can participate and earn the token.¹

The token will then be listed on the exchange for trading on the 29th of February, 10:00 UTC with PORTAL/BTC; PORTAL/USDT; PORTAL/BNB; PORTAL/FDUSD and PORTAL/TRY.

Staking Pools

▶️BNB Pool

  • 40 million PORTAL or 80% of the total reward is allotted for those who stake BNB or have BNB holdings in locked products and on BNB Vault.
  • Rewards are claimable at any time, and any unclaimed rewards will be credited to the user's Spot Wallet at the end of the farming period. The maximum hourly reward per user is capped at 23.8k PORTAL
  • 16.2 million BNB are currently staked in this pool at this time of writing.

▶️FDUSD Pool

  • 20 million PORTAL or 20% of the total reward is allocated (1.428 million PORTAL daily)
  • Maximum reward per user is capped at 5.9k PORTAL per hour.
  • At the time, there are already 2.2 billion FDUSD staked on this pool.

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PORTAL Tokenomics²

  • Ticker: PORTAL
  • Token Type: ERC-20
  • Smart Contract: Ethereum
  • Total Maximum Supply: 1 billion PORTAL
  • Initial Circulating Supply: 167,134,615 PORTAL or 16.71% of the maximum token supply will be available upon listing on Binance

↪️Distribution

The total supply of $PORTAL will be minted at genesis and vest to the
community treasury periodically over time.³

  • Binance Launchpool: 50 million (5% of the total token supply)
  • Team & Advisors: 23 million (23% of the total token supply)
  • Treasury: 23 million (23% of the TTS)
  • Private Sale Investors: 22 million (22% of the TTS)
  • Public Sale Investors: 11 million (11%)
  • Community Incentives 1 - 10 million (10)
  • Community Incentives 2 - 4 million (4%)
  • Liquidity Reserve: 2 million (2%)


↪️Utility

According to the project's Whitepaper, PORTAL is the native utility token of the Portal platform and it is vital in its ecosystem. It is to be used as transaction fees, node validation services, node purchases, governance, staking, exclusive purchases and access to partner networks, and platform payments (needed in Portal's marketplaces like MagicEden to buy or sell game assets.⁴

But wait, what exactly is Portal Platform?

Accordingly, it is a platform that offers a single or unified access point for players of any Web3 games and game-related transactions.⁵

Portal aims to provide a seamless, social, and secure Web3 gaming experience.⁶

From what I understand, it will serve as a one-stop login solution for any games on any chain. It will showcase different games on its platform and players can log in to it to discover and play.

It is indicated both on the site and on its Whitepaper that there are over 200 games in the Portal library.

Games.png

Portal has partnered with Solana, Avalanche, Kalyton, Base, and Polygon. It will be releasing the Portal Wallet with Web 2 authentication, SDK Marketplace, and others in the next quarter. For further information and the project's roadmap, check them here.

For infotainment only. DYOR.

Sources: Portal / Whitepaper / Binance

Lead image created on Canva. Image from Portal. Screenshots linked to source. No copyright infringement intended 22022024/21:00ph

Posted Using InLeo Alpha

hive-167922 leofinance portal gamingplatform portalcoin multi-chain farming binance launchpool ctp
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42 comments
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This time I am faster than you and I already joined the lunchpool. For that, I made my stablecoins into BNB to get maximum profit. Hehe. Feeling proud to be faster than you this time😅. !LOL
!PIZZA

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Haha, that's good! Congratulations! I staked mine yesterday evening even before the farming started because I knew we were going out today. 😅

!LUV !LOL

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(Edited)

PIZZA!

$PIZZA slices delivered:
intishar tipped ifarmgirl
ifarmgirl tipped crtua
@ifarmgirl(2/5) tipped @mfontom
ifarmgirl tipped alokkumar121

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these days Binance is bringing projects on launchpool one after another and I have participated in Portal. Pixel was also a good one
@sagarkothari88 vote

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Yes, it's not like before when there were weeks and even months gaps before another project was launched. Now, they come often and the farming periods are shorter too. Let's hope PORTAL will bring us more profits like PIXEL did.

!PIZZA

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

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100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

100% of the rewards from this comment goes to the curator for their manual curation efforts. Please encourage the curator @bhattg by upvoting this comment and support the community by voting the posts made by @indiaunited.

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You are always up to date with these projects 🥰. I tried phantom wallet you shared sometimes ago. Maybe I should look into this too.

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Haha yeah. I'm always looking forward to new farming opportunities and this came. Good luck to you on your exploration :)

!PIZZA

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So you have to have Portal before you can earn portal? The applications don't actully reward you anything like hive does?

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It appears so. It would be nice if users could earn the token by using its platform to access or discover games. Unfortunately, that isn't the case.

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As usual, only KYC-verified users can participate and earn the token.

This is the difficult part for me.

!LOLZ

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Yeah. If I had not been verified before, I wouldn't be using it this time.

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Some people say that if you need to verify your identity to receive or send a coin or token, then it is not really a cryptocurrency. 🤓

By the way, I wonder when @rzc24-nftbbg would reply to me again. 😅

Have some !HUGs with !LUV! 😁

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That is really an amazing opportunity to learn about this project actually

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that is a lot of reward for people to grab. best of luck

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Yeah. And with many people participating, those who have larger funds get the most chunk 😅 Thank you !LADY

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Nagjoin ako SocialFi nyan sa X kaso di naman nadagdagan points ko. Hehe

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