The world\u2019s largest cryptocurrency trading platform Binance on Tuesday announced its 41st project on Binance Launchpool with the launch of NFPrompt (NFP). The move has caught the attention of the crypto community, as the platform offers a unique opportunity for users to farm NFP tokens by staking BNB, FDUSD, and TUSD.<\/span><\/p>\n According to a statement released by Binance<\/a>, NFPrompt (NFP) is an AI-powered User Generated Content (UGC) platform that promises to benefit Web3 creators. Come December 20, 2023, users will be able to stake their BNB, FDUSD, and TUSD in separate pools to farm NFP tokens over 7 days.\u00a0<\/span><\/p>\n <\/p>\n Binance has unveiled<\/a> plans to list NFP on December 27, 2023, at 10:00 UTC, offering multiple trading pairs, including NFP\/BTC, NFP\/USDT, NFP\/BNB, NFP\/FDUSD, NFP\/TUSD, and NFP\/TRY. The listing is expected to boost the liquidity and accessibility of NFP tokens in the broader crypto market.<\/span><\/p>\n <\/p>\n Binance Launchpool Fair Mode reflects the platform\u2019s commitment to safeguard and augment the interests of the community and retail users. This model ensures a more equitable distribution of tokens during the initial circulation phase and aims to reduce inflation pressure by preventing some allocations from entering circulation.<\/span><\/p>\n The total token supply for NFPrompt is capped at 1 billion NFP, with 11% (110 million NFP) set aside for Launchpool token rewards. Initially, only a fourth of the total tokens will be in circulation. As per the staking terms, a KYC verification is mandatory, in addition to hourly hard caps per user for each pool.<\/span><\/p>\n <\/p>\n Post Binance\u2019s announcement, the price of BNB rallied<\/a> over 5% to $251, indicating that the overall market sentiment around the project is positive. The uptick also highlights the growing interest in innovative projects within the crypto space, especially the ones underpinned by AI, and that focus on content creation in the Web3 landscape.<\/span><\/p>\n \u00a0<\/p>\n <\/p>\n \u2713 Share:<\/p>\nFarming NFP Tokens: A Unique Opportunity for Crypto Enthusiasts<\/b><\/h2>\n
Trading Pairs and Listing Schedule<\/b><\/h3>\n
Launchpool Token Rewards and Staking Terms<\/b><\/h4>\n
Impact on BNB price<\/b><\/h4>\n
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