How to Farm HUMA on Binance Launchpool

Starting from May 23, 2025 at 00:00 UTC, users will be able to lock BNB, FDUSD, and USDC to farm HUMA tokens over a period of three days. The reward pools are distributed as follows:

• BNB pool: 212,500,000 HUMA (85%)
• FDUSD pool: 12,500,000 HUMA (5%)
• USDC pool: 25,000,000 HUMA (10%)

In total, 250,000,000 HUMA will be distributed as Launchpool rewards. Tokens can be unlocked anytime without delay, allowing participation in other opportunities.

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HUMA Listing and Trading Pairs

HUMA will be listed on May 26, 2025 at 13:00 UTC with trading pairs including HUMA/USDT, HUMA/USDC, HUMA/BNB, HUMA/FDUSD, and HUMA/TRY. With a Seed Tag assigned, the token will launch with an initial circulating supply of 1,733,333,333 HUMA — 17.33% of its total supply.

Operating on both BNB Smart Chain and Solana, HUMA will no longer appear on Binance Alpha once spot trading begins. All assets will be transferred to users’ Spot wallets automatically.

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Justin Sun’s Allegations and First Digital’s Response

Justin Sun accused First Digital, the issuer of FDUSD, of facing liquidity issues and being insolvent. However, First Digital denied these claims, calling them a “smear campaign.”

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The company assured users that FDUSD reserves are fully backed 1:1 with US dollars.

“Every dollar backing FDUSD is completely secure, held in US-backed Treasury Bills, and clearly accounted for in our attestation report.”

First Digital also announced legal action against Justin Sun for spreading misinformation.

Binance’s Crucial FDUSD Statement

To address market concerns, Binance released a statement regarding FDUSD reserves:

“FDUSD reserves consist of $2,051,348,188.70 in US Treasury Bills and overnight deposits. This amount exceeds FDUSD’s circulating supply, confirming its 1:1 backing.”

Binance also confirmed that FDUSD‘s February reserve report has been verified and the March report will be released within two weeks.

Is First Digital Trust Actually Insolvent?

It appears that First Digital Trust (FDT) is struggling to return customer funds and may be effectively insolvent. However, despite significant irregularities, it continues to operate under a public trust entity in Hong Kong.

These developments could have a major impact on the stablecoin market and the crypto ecosystem.

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Binance has also announced the listing date for GUNZ (GUN). The token will be available for trading on March 31, 2025, at 13:00 (UTC). Investors can trade GUN with GUN/USDT, GUN/BNB, GUN/FDUSD, and GUN/TRY pairs.

What is GUNZ (GUN)?

GUNZ (GUN) is a blockchain project developed by Gunzilla Games. This Layer-1 network is specifically designed for AAA games, supporting in-game asset management and a decentralized economy. The total supply is 10 billion GUN, and the circulating supply at the time of the Binance listing will be 604.5 million GUN.

GUNZ (GUN) Farming Process Begins!

Binance Launchpool users will have the opportunity to earn GUN rewards starting March 28, 2025. The farming period will end on March 30, 2025. Users can stake BNB, FDUSD, and USDC in designated pools to receive GUN rewards. A total of 400 million GUN will be distributed during the farming process.

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Rewards will be calculated based on the user’s share in the pool and will be updated every hour. Users can claim their rewards at any time, and all unclaimed rewards will be automatically transferred to their spot accounts at the end of the farming period.

GUNZ (GUN) to Be Listed on Binance!

Binance will list GUNZ (GUN) on March 31, 2025, at 13:00 (UTC). Users will be able to trade GUN with GUN/USDT, GUN/BNB, GUN/FDUSD, and GUN/TRY pairs. GUN will be listed with the “Seed Tag” label on Binance.

Binance reminded users that they must update their Binance App to version 2.89.0 or higher to participate in the farming process. Additionally, the Binance team reserves the right to disqualify users engaging in fraudulent or abusive activities during the farming period.

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Binance will list SHELL on February 27, 2025, at 13:00 (UTC) and open trading with the following pairs: BTC, USDT, USDC, BNB, FDUSD, and TRY.

SHELL Airdrop and Listing Details

Binance is introducing MyShell (SHELL) to provide investors with a new opportunity. The token will launch with a total supply of 1 billion SHELL, and 25 million SHELL will be distributed through the HODLer Airdrops program, representing 2.5% of the total supply. Additionally, another 25 million SHELL will be airdropped six months after the initial listing.

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At the time of listing, the circulating supply of SHELL will be 270 million, accounting for 27% of the total supply. The token will operate on Ethereum and BNB Chain, and its smart contract address has been shared by Binance. The exchange has confirmed that there will be no listing fee for SHELL.

With Binance listing SHELL, investors will have the opportunity to trade the token across multiple pairs, including Bitcoin (BTC), Tether (USDT), USD Coin (USDC), Binance Coin (BNB), First Digital USD (FDUSD), and Turkish Lira (TRY). Trading will begin on February 27, 2025, at 13:00 (UTC).

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What is the HODLer Airdrops Program?

Binance HODLer Airdrops is a program that rewards BNB holders with token airdrops based on historical snapshots of their BNB balances. By subscribing BNB to Simple Earn or On-Chain Yields, users can receive airdrop rewards retroactively.

To maximize airdrop rewards:

• Go to the [Earn] section and search for BNB.
• Subscribe to Simple Earn (Flexible/Locked) and/or On-Chain Yields with your BNB holdings.
• Binance will take snapshots of user balances at random intervals and distribute rewards accordingly.

With the introduction of SHELL, Binance offers investors another opportunity to earn rewards while benefiting from the advantages of HODLer Airdrops.

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BIO Launch Details

The maximum token supply for Bio Protocol (BIO) is set at 3,320,000,000 BIO, which can be increased through network governance. The total genesis token supply is also 3,320,000,000 BIO. A total of 99,600,000 BIO, equivalent to 3% of the genesis supply, will be distributed as rewards through Binance Launchpool. Upon listing on Binance, the initial circulating supply will be 1,296,529,168 BIO, representing 39.05% of the genesis supply.

Farming Period and Rewards

The farming period will run from December 24, 2024, to January 2, 2025. The total daily reward amount is set at 9,960,000 BIO, with 85% allocated to the BNB pool (8,466,000 BIO) and 15% to the FDUSD pool (1,494,000 BIO). Users can claim their rewards, which are calculated hourly, directly into their spot accounts.

BIO Token Listing and Trading Pairs

The BIO token will be listed on Binance on January 3, 2025, at 10:00 (UTC). Trading will be available for the following pairs: BIO/USDT, BIO/BNB, BIO/FDUSD, and BIO/TRY. Additionally, the Seed Tag label will be applied to the BIO token.

Users can participate in the farming event by locking BNB and FDUSD in the respective pools. However, the same tokens cannot be locked in multiple pools simultaneously. At the end of the farming period, any locked tokens and unclaimed rewards will be automatically transferred to users’ spot accounts. Due to local regulations, users in certain countries, such as Australia, Canada, the United States, North Korea, and Iran, will not be eligible to participate.

The APY and total pool balance for each pool will be updated in real time. Binance reserves the right to disqualify participants engaging in fraudulent activities. Additionally, users must complete KYC verification to participate in the Launchpool.

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In recent days, the impact of stablecoins on Bitcoin has continued to be a topic of discussion in the cryptocurrency world. Ki Young Ju, CEO of the renowned crypto analysis platform CryptoQuant, stated that the supply of stablecoins alone will not be enough to drive the Bitcoin markets.

Purpose of Stablecoin Use

Stablecoins have increasingly become a tool for storing value not only in countries with rapidly depreciating fiat currencies but also in those with stringent capital controls. This situation is changing the role of stablecoins in the market and prompting investors to turn to these assets. However, according to Ki Young Ju, the increase in the supply of stablecoins will not have a significant impact on Bitcoin prices.

Market Stagnation

Ki Young Ju argues that while the liquidity provided by stablecoins can be used for trading Bitcoin, it will not positively impact Bitcoin prices. The overall stagnation and uncertainties in the markets are making it difficult for investors to turn to volatile assets like Bitcoin. Therefore, the increase in supply is insufficient to stimulate a revival in the markets.

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Conclusion

In conclusion, the supply of stablecoins may not be sufficient on its own to drive the Bitcoin markets. Cryptocurrency investors continue to adopt a more cautious approach, taking into account the overall market conditions and uncertainties.

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FDUSD’s Market Performance Post-Update

We have discussed Binance and FDUSD (First Digital USD) in the past since Binance seemed to relist the stablecoin in an effort to replace BUSD following its shutdown. Initially listed with advantageous fee rates, the pairs with FDUSD are drumming excitement for the stablecoin, which it previously delisted in favor of their own stablecoin. Most importantly, BTC/FDUSD was free to trade.

BTC/TUSD became the only free way to trade bitcoin on the biggest crypto exchange when taker fees were reinstated on that pair. This helped bring the quite tiny stablecoin to the front stage.

December looks to be when Binance made several other significant FDUSD pairings also free to trade under a more general campaign.

With pairings of the stablecoin accounting for over 35% of spot trading on the market in April, FDUSD kept becoming more and more popular on the exchange, surpassing the peak reached by TUSD, which was Binance’s past effort at a successor to BUSD. BUSD pairs accounted for 39% of volume on the exchange in December 2022; FDUSD was showing to be a suitable rival, accumulating dominance in a far shorter period.

Comparing BTC/FDUSD and BTC/USDT Trading Volumes

But on April 25, Binance stopped the zero-charge FDUSD trading offer for the pairs made free to trade in December as well as for bitcoin. All the pairs still have a zero-maker fee promotion; TUSD has a comparable offer.

Although the dominance of FDUSD has been declining since the completion of the campaign, it still remains somewhat notable.

Still, the popularity of BTC and FDUSD seems to be not fading. In the past 24 hours, the pair did $4.5 billion in activity, compared to BTC/USDT’s $2.5 billion and BTC/TUSD’s $9.6 million. For other spot assets, however, the USDT/USD pairs rule.

Due to the no-maker fee, trading in many First Digital USD pairings still somewhat favors you, but it is not as big a pull. The bigger and more well-known stablecoin is USDT, which has maintained favoritism even without any incentives.

Though it’s unknown how much of Binance’s volume originates from the European Union, USDT pairs could eventually face pressure in the EU on the exchange as it looks to comply with the MiCA rule.

Still, it seems that First Digital USD was not substantially affected by the termination of free trade.

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The new pairs are

HIGH/TRY: Binance will open trading for the HIGH/TRY trading pair. TRY is a fiat currency and does not represent any other digital currency.

PEOPLE/FDUSD: The PEOPLE/FDUSD trading pair will also be open for trading.

TNSR/USDC: Binance users will now be able to trade the TNSR/USDC pair.

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Trading Bots Services:

Binance will enable Trading Bots services for the following trading pairs:

HIGH/TRY

PEOPLE/FDUSD

TNSR/USDC

Fee Reductions:

Zero Maker Fees on FDUSD: Users who trade on FDUSD pairs will enjoy zero maker fees until further notice.

Reduced Taker Fees on USDC Pairs: Both existing and new USDC spot and margin trading pairs will have reduced taker fees for the foreseeable future.

The post Binance Lists 3 New Altcoin Pairs, Including HIGH/TRY! appeared first on Coin Engineer.

FDUSD’s Expansion to the SUI Blockchain

First Digital Trust’s decision to extend the FDUSD token to the Sui blockchain underscores the company’s commitment to including emerging technologies and expanding its presence within the DeFi sector. This strategic move not only demonstrates confidence in the Sui blockchain’s capabilities but also signifies a desire to align with the growing ecosystem of decentralized financial services.

Vincent Chok, CEO of First Digital Trust, emphasized the symbiotic relationship between the company and the improving Sui network. He highlighted Sui’s rapid growth within the DeFi space, positioning it as an ideal platform for furthering the adoption of FDUSD. This integration not only enhances accessibility to FDUSD but also leverages Sui’s innovative features to provide users with enhanced functionality and efficiency.

Implications for the DeFi Community

The expansion of FDUSD to the Sui blockchain holds significant implications for the DeFi community at large. By offering FDUSD as a native token on the Sui blockchain, users gain access to a stablecoin backed by US Treasury bills and bank deposits within a seamless and decentralized environment. This integration reduces reliance on external bridges, mitigating risks and minimizing transaction fees associated with cross-chain transfers.

Moreover, the introduction of FDUSD to the Sui blockchain diversifies the stablecoin offerings available within the DeFi ecosystem, providing users with additional options for liquidity provision and asset management. This expansion underscores the dynamic nature of the DeFi landscape, where interoperability and innovation drive continual evolution and growth.

In conclusion, First Digital Trust’s expansion of the FDUSD token to the Sui blockchain represents a significant turning point for both the company and the broader DeFi community. By including new platforms and growing collaboration, First Digital Trust paves the way for enhanced accessibility and functionality within decentralized finance, pushing the industry forward into a new era of innovation and opportunity.

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According to the announcement, users will start staking BNB and FDUSD on Binance Launchpool to earn SAGA tokens at 00:00 (UTC) on 05.04.2024 and will end at 00:00 (UTC) on 08.04.2024.

Then, Binance Exchange will list Saga (SAGA) token at 14:00 (UTC) on April 9. The trading pairs to be listed will be SAGA/BTC, SAGA/USDT, SAGA/BNB, SAGA/FDUSD and SAGA/TRY.

Binance Launchpool Project Saga (SAGA) Details

• Token Supply: 1.000.000.000 SAGA
• Launchpool Token Awards: 45.000.000 SAGA
• Initial Circulation Supply: 90,000,000 SAGA

Users need to complete KYC verification to stake. Also, the event period will start at 00:00 (UTC) on 05.04.2024 and ends at 00:00 (UTC) on 08.04.2024. Users can participate in staking with BNB and FDUSD during this period and receive their share of Saga (SAGA) rewards.

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