The second project of Binance Launchpool went live today and WING tokens will be distributed daily to users staking Binance Coin (BNB) Binance USD (BUSD) and Ontology (ONT). Wing (WING) is a credit-based cross-chain DeFi lending platform built on the Ontology block-chain. BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility and VIP benefits.
Users will be able to stake Binance Coin (BNB) Binance USD (BUSD) and Ontology (ONT) to farm WING tokens over 30 days. The reward will be shared at the following ratio: 60,000 WING in rewards (50%) for BNB holders, 52,000 WING in rewards (40%) for Ontology holders and 13,000 WING in rewards (10%) for Binance USD holders. If you seen my Binance Launchpool: Bella Protocol (BEL) for BNB holders post, I can confirm that users will receive both BEL tokens and WING for the campaign period, and the Flexible Savings interest.
130000 WING Tokens will be allocated through the Launchpool, which represents 6.5% of the total token supply of 2 million. Users can unstake the funds at any time and the rewards will be calculated and distributed daily, between 0 AM and 1 AM (UTC).
The listing of WING is planed for tomorrow (16.09.2020) and the LaunchPool campaign will end in 30 days, on the 15th of October. This unique set up allows users to receive multiple rewards for holding Binance Coin and Binance USD.
Links and referrals:
Amazon author page: PV Mihalache
Quality Faucets: Stakecube (20 daily faucets)