Binance, at the forefront of cryptocurrency innovation, unveils Fusionist (ACE) in its 40th Launchpool project, an exciting leap into the realm of decentralized gaming and social interaction.
Thanks to ACE, the native token of Endurance, users can now stake on BNB and FDUSD to support the birth of Fusionist, a web3 AAA game destined to redefine the dynamics of blockchain-based entertainment.
Summary
Binance Launchpool unveils Fusionist (ACE): Staking BNB and FDUSD for Web3 AAA gaming
Binance, a pioneer in the cryptocurrency space, is about to launch its 40th project on Binance Launchpool: Fusionist (ACE).
ACE, the native token of Endurance, a decentralized gaming and social blockchain, will be at the core of Fusionist, a cutting-edge web3 AAA game. This move marks the beginning of a new era of decentralized gaming and social interaction on the blockchain.
Starting from December 13, 2023, at 00:00 (UTC), users can participate in Fusionist’s Launchpool by staking their BNB and FDUSD separately, with the farming activity concluding on December 17, 2023, at 23:59 (UTC). The initial circulating supply of ACE is 21,969,520, which is 14.95% of the total supply of 147,000,000 ACE.
The Launchpool boasts a total token reward of 10,290,000 ACE, equivalent to 7% of the entire token supply. Stakers will be able to collect rewards based on an hourly snapshot of their balances, allowing for precise calculations and real-time updates.
Binance has scheduled the listing of ACE for December 18, 2023, at 6:00 AM (UTC), introducing trading pairs such as ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY. In particular, the Seed Tag will be applied to ACE, highlighting its distinct launch origin.
Conditions of participation and supported pools
Participation in the Fusionist Launchpool requires users to undergo KYC verification. Stakers can choose between two pools: BNB and FDUSD. The BNB pool offers an incredible 80% of the rewards, for a total of 8,232,000 ACE, while the FDUSD pool provides the remaining 20%, with 2,058,000 ACE up for grabs.
The smart contracts underlying Fusionist reside on the Endurance Smart Chain and BNB, ensuring a secure and transparent staking experience. It is important to note that users can withdraw their funds at any time without delays, allowing for seamless participation in other available pools.
Integration with BNB Vault and Locked products
The BNB Vault and Locked Products from Binance seamlessly integrate with the ACE Launchpool. Users who stake BNB in these products automatically become part of the ACE Launchpool, receiving ACE rewards in addition to the standard benefits of BNB, including airdrops, eligibility for the Launchpad, and VIP privileges.
In scenarios with multiple active Launchpool projects simultaneously, users’ BNB assets in the BNB Vault and Locked Products Positions will be evenly distributed among the ongoing projects, unless otherwise indicated. This approach ensures a fair and transparent allocation for users who are simultaneously engaged in different Launchpool opportunities.
Conclusion
The Launchpool Fusionist (ACE) on Binance marks a significant step in the convergence between blockchain technology and gambling. Providing a comprehensive framework for staking, transparent calculation of rewards, and seamless integration with existing Binance products, this initiative opens new avenues for users looking to engage in the thriving web3 gaming ecosystem. With the development of the Fusionist Launchpool, the cryptocurrency community eagerly awaits the impact of ACE on the evolving landscape of decentralized applications and blockchain gaming.
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