Binance Adds Usual (USUAL) to Launchpool with Airdrops Starting November 15
Crypto exchange Binance has announced the addition of decentralized Fiat Stablecoin issuer Usual (USUAL) to its Launchpool. This marks the 61st project on Binance Launchpool, where users stake assets to farm new tokens.
USUAL Airdrops
The USUAL token airdrops will commence on November 15, 2024, lasting four days until pre-market trading starts on November 19, 2024. Users must lock their BNB or FDUSD tokens to farm USUAL tokens in the Binance Launchpool, with this period ending at 23:59 UTC on November 18.
A total of 300 million USUAL tokens, representing 7.5% of the total supply, will be distributed through these airdrops. Of this amount, 255 million USUAL tokens (85% of rewards) are allocated for BNB pool participants, while 45 million USUAL tokens (15% of rewards) are designated for FDUSD pool participants.
To ensure fair distribution, Binance has set maximum holding limits: users can hold a maximum of 265,625 USUAL in the BNB pool and 46,875 USUAL in the FDUSD pool per hour.
Pre-Market Trading
USUAL will be available for pre-market trading on November 19 at 10:00 UTC, allowing early access to the USUAL/USDT trading pair before the full launch. During this phase, there is a maximum holding limit of 40,000 USUAL tokens per user.
Participation in USUAL farming or pre-market trading requires completion of Binance's KYC (Know Your Customer) verification process. Additionally, participation may be restricted based on user location, affecting regions such as Australia, Canada, Cuba, and the United States.
Details regarding the conclusion of pre-market trading have not yet been communicated by Binance, but an official listing announcement is anticipated soon.