Introduction
Top global crypto exchange Binance is set to add a new gaming-related altcoin project to its roster, according to a recent announcement by the company.
Binance’s Launchpool Platform
In the latest update, Binance reveals its intention to include Fusionist (ACE) in its Launchpool platform. This platform enables users to stake coins in exchange for new ones.
Details about ACE
ACE is the native token of Endurance, a decentralized gaming and social blockchain. Fusionist, a Web3 AAA game, will utilize ACE as its mainnet.
Staking and Trading Schedule
Binance announces that staking of ACE is scheduled to commence on Wednesday. The open trading of the altcoin is expected to begin on December 18th.
Seed Tag and Quizzes
Upon the launch of open trading, Binance will attach a seed tag to ACE. Users with tokens bearing a seed tag will need to pass quizzes every 90 days to ensure awareness of the associated risks before engaging in token trading.
Staking Pools
Users will have the opportunity to stake their BNB and FDUSD into separate pools to farm ACE tokens over five days, starting from 2023-12-13 00:00 (UTC).
Trading Pairs
Binance tentatively sets the listing for ACE at 2023-12-18 06:00 (UTC) with the following trading pairs: ACE/BTC, ACE/USDT, ACE/BNB, ACE/FDUSD, and ACE/TRY. The Seed Tag will be applied to ACE.
Project Count on Launchpool
Binance notes that ACE is the 40th project to be added to the Launchpool platform.
Token Supply Details
According to Binance, the total token supply for ACE is 147,000,000. The launch pool rewards will amount to 10,290,000 ACE, which is 7% of the total token supply. The initial circulating supply of ACE is 21,969,520, constituting 14.95% of the total token supply.
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