In a recent update, Binance, the world’s largest cryptocurrency exchange, introduced Neutron (NTRN), its 38th Launchpool project. This exciting announcement provides new opportunities for crypto enthusiasts to farm and potentially earn NTRN tokens.
Binance announced the details of its new project
Launchpool users will be able to participate in farming for a period of 20 days, starting October 11. To obtain NTRN, users need to deposit BNB (Binance Coin), FDUSD or TUSD.
The rewards program for this initiative is quite attractive. A total of 20 million NTRN tokens will be distributed as rewards within the Launchpool. These rewards will be divided into three separate pools. Accordingly, the BNB pool will constitute a significant portion of 80% of the total rewards. The remaining 10% will be allocated to both the TUSD pool and the FDUSD pool. In terms of allocation, 16 million NTRN tokens were reserved for users staking BNB, while 2 million tokens were reserved for those staking TUSD and FDUSD.
What will happen other than farming opportunities?
In addition to farming opportunities, Binance makes NTRN available for trading. Accordingly, users will access NTRN through three different trading pairs.
- NTRN/BTC
- NTRN/USDT
- NTRN/BNB
This comprehensive offering allows traders to explore a variety of trading pairs that suit their preferences and trading strategies. Binance continues to expand its ecosystem and provide exciting opportunities for its users. With the launch of Neutron (NTRN), the 38th project on Launchpool, crypto enthusiasts can look forward to an engaging and potentially rewarding experience in the world of decentralized finance
Neutron (NTRN) Farming details
Farming for NTRN will begin on October 11. On the other hand, Binance provides an excellent opportunity for its users to participate in this project. Binance step provides an attractive opportunity to earn rewards by staking Neutron (NTRN) BNB, FDUSD or TUSD. It is also a matter of curiosity what the outcome will be for farming that will continue for 20 days.
Of course, it will be beneficial to follow this exciting project when we look at it as cryptokoin.com. On the other hand, you will also benefit from the upcoming farming to potentially grow your crypto assets. Accordingly, Binance continues to bring innovations and opportunities to the crypto community. This also makes it a dynamic platform for crypto enthusiasts around the world. Let’s see what this farming experience will provide to users in the future.
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