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
- 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.
