Binance Announces Latest Launchpool Token, Pre-Market Trading Starts Next Week

Binance has announced that Usual (USUAL), a new decentralized stablecoin issuer, will be listed as the 61st project on its Launchpool platform.

The token is set to enter pre-market trading on November 19, 2024, at 1:00 PM, although Binance has warned users to be cautious of potential fake pre-listing sales.

The USUAL farming event will kick off on November 15, 2024, at 03:00, allowing users to stake BNB and FDUSD in designated pools to farm USUAL tokens. This farming period will last for four days, concluding on November 18, 2024, at 02:59. During the pre-market phase, the trading pair will be USUAL/USDT, and each user will have a limit of 40,000 USUAL. Details regarding the official listing and the end of the pre-market phase will be shared at a later date.

Usual’s total token supply is 4 billion USUAL, with 300 million USUAL allocated for Launchpool rewards, representing 7.5% of the total supply. At launch, the circulating supply will be approximately 494.6 million USUAL, or 12.37% of the total. The token operates on the Ethereum network.

For those looking to participate in the farming pools, users can stake BNB and FDUSD with an hourly limit of 265,625 USUAL in the BNB pool and 46,875 USUAL in the FDUSD pool. The BNB pool will account for 85% of the rewards, while the FDUSD pool will make up the remaining 15%. KYC verification is required to join the event, and additional details, including full terms and conditions, will be available on Binance’s website soon.