Binance Coin Welcomes Sleepless AI as its 42nd Launchpool Project
Binance Coin (BNB), the native token of Binance, experiences a noteworthy 10% surge in price as it embraces Sleepless AI, marking the 42nd project on its launch pool platform.
Farming AI Tokens through Binance Launchpool
Binance traders now have the opportunity to farm AI tokens by staking BNB, FDUSD, and TUSD for a duration of 7 days, starting December 28, 2023.
Sleepless AI distinguishes itself as an innovative gaming platform, seamlessly blending artificial intelligence (AI) and blockchain technology. The network’s unique approach, coupled with the team’s profound expertise, positions it as a promising addition to the Binance Launchpool.
Therefore, the rise of AI presents an enticing opportunity for users to secure Sleepless AI rewards.
Staking Process and Rewards Overview
For staking, druggies must suffer KYC verification on the app. Additionally, it is crucial to be aware of the hourly compensation cap.
The hourly reward limit per user is set at 33,333.33 AI for BNB staking pools and 4,166.66 AI for FDUSD and TUSD pools.
Supported staking pools and AI token rewards include:
- Stake BNB: 56,000,000 AI Rewards (80%)
- Stake FDUSD: 7,000,000 AI Rewards (10%)
- Stake TUSD: 7,000,000 AI Rewards (10%)
The farming period commences at 00:00 UTC on December 28, 2023, and concludes at 23:59 UTC on January 3, 2024.
Sleepless AI Binance Listing and Tokenomics
The listing of AI tokens on Binance is scheduled for January 4, 2024, at 10:00 UTC. Trading pairs such as AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD, and AI/TRY will be made available.
Sleepless AI tokens will be equipped with a seed tag, adding a special touch to the transaction status. The total supply of Sleepless AI is 1 billion AI tokens, with 70 million AI allocated as Binance Launchpool token rewards, equivalent to 7% of the total supply.
Recent announcements reveal that the initial circulating supply of AI tokens will be 13 million AI, representing 13% of the total token supply.
According to the Sleepless AI whitepaper, AI tokens can be used to purchase in-game tokens, and holders of AI will receive discounts on in-game purchases. Players can also leverage AI tokens for acquiring upgrades.
BNB Price Surge and Market Impact
Following the announcement, Binance Coin (BNB) has witnessed a significant increase. At the time of writing, BNB’s price has surged by 9.45% to trade at $288.75. The market capitalization of BNB has also risen by 9.43% to $43.8 billion, with the 24-hour trading volume increasing by 71.06% to $1.3 billion. Notably, BNB cryptocurrency reached a new one-month high of $288.79 on Tuesday.
Link
, the native token of Binance, experiences a noteworthy 10% surge in price as it embraces Sleepless AI, marking the 42nd){kind=link}