As the 38th project on the Binance Launchpool, Neutron (NTRN) has been introduced by Binance, the largest cryptocurrency exchange in the world. The Inter-Blockchain Communication Protocol (IBC) is a novel platform that Neutron proposes to make it easier to build cross-chain applications.
Through the Cosmos Hub, DeFi also improves the financial security of decentralized apps (dApps). Users will have the chance to deposit BNB, TUSD, and FDUSD into separate pools starting at 03:30 on October 11, 2023, for a 20-day farming phase with the goal of generating NTRN tokens.
Here are the rewards for staking:
- Stake BNB: 16,000,000 NTRN (80%) as a reward
- TUSD Stake: 2,000,000 NTRN (10%) as a reward
- FDUSD Stake: 2,000,000 NTRN (10%) as a reward
Key Information for Neutron Launchpool:
Token Name: Neutron (NTRN)
Total and Maximum Token Supply: 1,000,000,000 NTRN
Launchpool Token Rewards: 20,000,000 NTRN (2.00% of the total token supply)
Initial Circulating Supply: 217,112,292 NTRN (21% of the total token supply)
Staking Conditions: KYC required
Fixed Upper Limit per User Hour:
- 3,333.33 NTRN in BNB pool
- 416.67 NTRN in TUSD pool
- 416.67 NTRN in FDUSD pool
