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Vana is the first EVM-compatible L1 blockchain enabling data tokenization and monetization on its chain. It allows users to contribute the data to its network to receive back a tokenized version of data and deposit it into the thematically designated datasets, DataDAOs, to earn rewards and participate in decision-making processes related to the specific dataset.
$VANA is the native Vana protocol token that is used for granting users access to the governance votings, paying transaction fees, as well as powering its consensus and DataDAO rewards mechanisms. On December 13th Binance exchange announced IEO and the listing of $VANA, allocating 4.8M $VANA for the launchpool event.
CoinLaunch Score:
Last update:
Medium
14 Dec 2024
Vana AI - IEO on Binance Overview
start date:
14 Dec 2024
end date:
16 Dec 2024
price:
N/A
tokens for sale:
4,800,000
Raise:
N/A
Min. Buy:
N/A
Max. Buy:
N/A
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
No Lockup
Binance Launchpad
How to join Vana AI - IEO on Binance?
To participate in the $VANA IEO on Binance, you need to sign up or log in to the platform and complete KYC verification if you haven’t done it yet. Then acquire on your balance any $FDUSD or $BNB tokens, visit the Binance launchpool, and stake those coins in designated pools.
❗ Important: If you are holding $BNB in any Flexible Products and Locked Products on Binance while your Staked Lista BNB ($slisBNB) and Lista collateral BNB (clisBNB) in Binance Web3 MPC Wallet will be supported in Launchpool reward calculator. You won’t need to take them out of the stakes and deposit them into launchpools.
Once done, you will start earning a share of the $VANA token rewards allocated by the exchange to the specific staking pool. The higher your staking share in the pool, the bigger share of reward you will get during the farming phase. The rewards for each pool are:
- $BNB pool: 4,080,000 VANA (85% of the total reward pool);
- $FDUSD pool: 720,000 $VANA (15%).
Once the farming period concludes on December 16th, you will be able to seamlessly trade acquired tokens.
Good Luck! 🍀
Step-by-step Guide
Sign up or Log in to Binance;
Complete KYC verification if you haven’t done so yet;
Get some $BNB or $FDUSD tokens in your account;
Stake your tokens in the designed launchpools;
Get your $VANA coins.
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