Binance, a pioneer in the world of cryptocurrency exchanges, has presented its 42nd project on Binance Launchpool: Sleepless AI (AI).
This revolutionary initiative introduces a Web3+AI gaming platform with the goal of redefining the blockchain gaming landscape through innovative technologies.
Introducing @SleeplessAI_Lab $AI on #Binance Launchpool.
Farm $AI by Staking #BNB, $FDUSD and $TUSD.
👉 https://t.co/Fky2xADvGd pic.twitter.com/pG9qW8PpYS
— Binance (@binance) December 26, 2023
Scheduled to be online 24 hours before the start of Launchpool, Sleepless AI invites users to participate in a seven-day farming opportunity by staking BNB, FDUSD and TUSD tokens in separate pools, starting on December 28, 2023 at 00 :00 (UTC).
The long-awaited listing of Sleepless AI (AI) on Binance is scheduled for January 4, 2024 at 10:00 (UTC).
Once launched, exchanges will be possible with pairs such as AI/BTC, AI/USDT, AI/BNB, AI/FDUSD, AI/TUSD and AI/TRY, carrying the Seed Tag designation.
The details of the AI ​​tokens are as follows: a total supply of 1,000,000,000 AI tokens, with 70,000,000 AI tokens (7% of the total supply) allocated for Launchpool rewards and an initial circulating supply of 130,000,000 AI tokens (13% of the total supply).
Binance staking terms require KYC verification and per-user limits have been specified
The farming period, active from December 28, 2023 at 00:00 (UTC) to January 3, 2024 at 23:59 (UTC), promises substantial daily rewards in the BNB, FDUSD and TUSD pools.
Users will benefit from snapshots of hourly average balances to calculate rewards, which they can claim to their accounts at any time.
Additional project links, including the project website, whitepaper, and social media channels, offer users full access to information and participation in the community.
However, participation in Launchpool is subject to eligibility based on the user’s country or region of residence.
Some geographical areas, such as Belarus, Canada, Cuba, Iran, Japan, the United States, and other regions, will not be eligible to participate in the farming initiative due to regulatory reasons.
To maintain transparency and ensure fairness, Binance has detailed specific rules, including single pool skating, instant exit capabilities, and automatic transfer of staked tokens and unclaimed rewards at the end of the farming period.
This innovative launch aligns with Binance’s commitment to fostering cutting-edge projects within the crypto community, leveraging technological advancements to push the boundaries of traditional gaming realms by merging AI and Web3 capabilities.
