Binance has added NFPrompt (NFP), an inventive AI-powered user-generated content (UGC) platform designed for Web3 artists, as its 41st project on its Binance Launchpool platform.
Users will be able to farm NFP tokens over seven days by staking their BNB, FDUSD, and TUSD holdings in different pools beginning on December 20, 2023, at 00:00 UTC.
Furthermore, NFP’s listing on Binance is confirmed for December 27, 2023 at 10:00 UTC. NFP/BTC, NFP/USDT, NFP/BNB, NFP/FDUSD, NFP/TUSD, and NFP/TRY are the available trading pairings.
NFP will launch using Binance Launchpool’s new paradigm, called Fair Mode. Fair Mode makes sure that a sizable portion of tokens are distributed to the community during the first phase of circulation to safeguard and enhance the interests of both retail users and the community.
Before listing, all Launchpool tokens will be cashed out, and some allocations won’t be floated to ease inflationary pressures.
NFP has a total token supply of 1,000,000,000, of which 110,000,000 NFP, or 11% of the total, are awarded as Launchpool token prizes. A quarter of the total token supply, or 250,000,000 NFP, will be in circulation upon launch.
The hourly cap per user for each of the three pools—the BNB pool (52,380.95 NFP), the FDUSD pool (6,547.62 NFP), and the TUSD pool (6,547.62 NFP).
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