Binance Lists Portal (PORTAL) on Binance Launchpool

Cryptocurrency exchange Binance announces the listing of its 47th launchpool project, named Portal (PORTAL). Details can be found here!

Azcnews Breaking (20)

Binance users can start farming PORTAL by staking BNB and FDUSD from 00:00 AM on February 22, 2024 (UTC) until the end of the 7-day period. Subsequently, Binance will list PORTAL at 10:00 AM on February 29 (UTC).

Here are the details of the PORTAL Launchpool

Binance Announcement listing Portal

  • Token Name: Portal (PORTAL)
  • Total Token Supply: 1,000,000,000 PORTAL
  • Launchpool Token Reward: 50,000,000 PORTAL (5% of total supply)
  • Initial Circulating Supply: 167,134,615 PORTAL (16.71% of total supply)
  • Staking Requirements: KYC required
  • Maximum Limits per User:
    • 23,809.52 PORTAL in BNB pool
    • 5,952.38 PORTAL in FDUSD pool

Supported Pools:

  • Stake BNB (website will be available in about 4 hours): 40,000,000 PORTAL (80%)
  • Stake FDUSD (website will be available in about 4 hours): 10,000,000 PORTAL (20%)

Details on Binance Announcement: Introducing Portal (PORTAL) on Binance Launchpool! Farm PORTAL by Staking BNB and FDUSD | Binance Support

Portal is a cross-chain gaming project built on LayerZero technology. With this technology, the project aims to bring 1 billion Gamers to Web3.

Portal has announced integration with blockchains including Solana and Ethereum scaling solution Polygon, and the token is built on LayerZero Labs’ interaction protocol.

The project held a token presale in December 2023, raising nearly $10 million in the first 15 minutes on Ethereum and Solana, with millions of transaction requests.

Related: What is Portal? Information about PORTAL Token?

Portal will also airdrop to users who participated in the Crystal Dash airdrop farming program. Launched in late November, Crystal Dash is an advertising campaign that allows cryptocurrency users to earn points by sharing and interacting with Portal-related content on Twitter. Users can then convert points into crystal shards, ultimately unlocking the allocation of Portal tokens.

3.3/5

(3 votes)

Latest

Azcnews Jpmorgan's Bold Prediction For Solana And Xrp Etfs

News | Altcoin | Editor Choice | Policy & Regulations

JPMorgan’s Bold Prediction for Solana and XRP ETFs

JPMorgan predicts $3 billion to $8 billion in inflows into Solana and XRP ETFs if Trump administration approves.

How Do Countries Around The World Tax Cryptocurrency

News | Editor Choice

How Do Countries Around the World Tax Cryptocurrency?

The cryptocurrency market is one of the sectors that faces heavy taxation from various countries, but there are also some "friendly" nations that offer a more welcoming environment for crypto activities.

Azcnews Move Token Plummets Despite Raising $100 Millio

News | Altcoin | Editor Choice | Memecoin

MOVE Token Plummets Despite Raising $100 Million

MOVE has fallen about 11% in the past 24 hours, extending its correction to 26% over the past 7 days.

Tether Announces Relocation To El Salvador

News | Editor Choice

Tether Announces Relocation to El Salvador

The world's largest stablecoin provider, Tether, has decided to relocate its headquarters to Bitcoin-friendly El Salvador.

Azcnews Bitcoin Plunges To $89k Before Rapid Recovery

News | Bitcoin | Editor Choice

Bitcoin Plunges to $89K Before Rapid Recovery

Bitcoin has been volatile over the past 24 hours, falling as low as $89,300 before quickly recovering to its current price.