Binance Introduces OPN on Launch pool: 72nd Project
Key Takeaways:OPN is The 72nd Project of Binance LaunchpoolSpot Listing and Pairs of TradingBinance Alpha TransitionMarket Dynamics and Token Allocation
The major part of the OPN, 23.5%, is designated to airdrops. That is 3.5% which unlocks during a Token Generation Event, and the rest of it is a seven-month lock. This design implements two contradictory forces during launch: In the past, Launchpool projects on Binance have tended to get high initial trading volumes. Tens of millions of 24-hour volume have commonly been reported in similar-tier projects during debut sessions, and this is a result of farming participants rotating rewards into the market. Read More: Binance Slashes Sanctions Exposure 96.8% to 0.009%, Defends Compliance Record
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