Binance, the largest cryptocurrency exchange globally, revealed its 50th project for the Launchpool.

The latest project highlighted by Binance is Ethena (ENA).

According to Binance, Ethena (ENA), a synthetic dollar protocol, will be the 50th project featured on the Binance Launchpool.

The web page is expected to be up five hours prior to the Launchpool commencement.

Users can stake their BNB and FDUSD in separate pools to earn ENA tokens over a three-day farming period starting from 30.03.2024 00:00 (UTC).

ENA will be listed on Binance on 02.04.2024 at 08:00 (UTC) with trading pairs including ENA/BTC, ENA/USDT, ENA/BNB, ENA/FDUSD, and ENA/TRY. Binance will list ENA with its Seed Tag.

Binance emphasized that it will be the first platform to list this token, and trading will begin on 02.04.2024. Any claims suggesting otherwise should be researched thoroughly to safeguard funds.

Following this announcement, the BNB price experienced an increase on cryptocurrency platforms.