Neutron (NTRN) has been announced to be added as the 38th project in the Binance Launchpool.
Neutron, is a smart contract platform that can operate between different chains. This platform offers complementary features to address the main problems faced by multi-chain protocols, such as lack of security, reliable impartiality, ecosystem incompatibility, and lack of cross-chain infrastructure.
Thus, developers do not have to manage their protocols with multiple custom versions by deploying their applications only once.
You have to have a Binance account with KYC approval to participate in the Binance Launchpool event. If you are not registered with the Binance exchange, you can benefit from many opportunities along with a 20% commission discount and pay less commission for the transactions you make.
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Neutron (NTRN) Launchpool Details
▪️ Users will be able to earn Neutron (NTRN) tokens for 20 days as of 03:00 (TSI) on 11/10/2023, by depositing their BNB, TUSD, and FDUSD into designated pools. There are 1,000,000,000 NTRN in total in this program, while the Launchpool Token Rewards constitute 20,000,000 NTRN, which is 2.00% of the total token supply.
▪️ The first circulating supply will be 217,112,292 NTRN, which equals to 21.71% of the total token supply. For Launchpool, 80% of the total token supply to be offered will be distributed from BNB, 10% from TUSD, and 10% from FDUSD pools.
▪️ The maximum earning for each user from the BNB pool is 3,333.33 NTRN, and 416.67 Neutron (NTRN) for the TUSD and FDUSD pools.
▪️ the BNB pool will distribute 80% of the total token supply to be offered for the Lauchpool. Also, the launcpool will distribute a 10% portion for TUSD and FDUSD pools.
▪️ A user can earn a maximum of 3,333.33 NTRN from the BNB pool, and 416.67 NTRN from the TUSD and FDUSD pools.
Frequently Asked Questions About Binance Launchpool
- 1- What Should I Do to Participate in Launchpool?
You need to have BNB, TUSD, or FDUSD and stake them in the Neutron Launchpool section.
- 2- Can I stake both BNB, FDUSD, and TUSD?
Yes, you can earn from both pools at the same time.
- 3- I Staked But When Will I Get NTRN?
The system will transfer NTRN tokens to your personal pool on an hourly basis after you stake your products, you can transfer your accumulated NTRN to your spot account at any time.
- 4- What is The Time Interval for The Event?
Start: 11/10/2023 03:00
End: 30/10/2023 02:59
- 5- Can I Sell The NTRN Tokens I Bought Immediately?
You can sell your NTRN whenever you want after the trades start.
- 6- I Want to Participate in The Event, Will There Be Any Risk?
If you participate in the BNB pool, the value of your BNBs may decrease/increase.
This is also true for the TUSD and FDUSD pool, but it’s less risky than the BNB pool. However, the rewards from the TUSD and FDUSD pool will be less than the rewards from the BNB pool.
In short, there is an inverse proportion between the risk you take and the earnings.
- 7- How Many Times NTRN Will I Get If I Lock BNB Compared to The TUSD and FDUSD Pool?
If you lock the same value of BNB and TUSD, the NTRN rewards you will receive from the BUSD pool will be 4 times more than the rewards you will receive from the TUSD and FDUSD pools.