Venus, a money market and stable coin Defi platform will e added on Binance Launchpool in the next couple of hours.
This is the 4th coin added after Flamingo,Wing and Bella.
Like I talked in my last posts regarding Flamingo, the awesome thing about Binance Launchpool is that you if you have some BNB or BUSD laying around doing nothing in your account you can choose to stake them and earn rewards every day with 0 risk.
In the case of Venus, you can also stake SXP. Here are how the farming rewards will be distributed :
Stake BNB: 3,600,000 XVS in rewards (60%)
Stake SXP: 1,800,000 XVS in rewards (30%)
Stake BUSD: 600,000 XVS in rewards (10%)
For a total of 6.000.000 XVS which means 20% of the total token supply which amounts to 30.000.000
Pretty sweet if you ask me. Farm on people! 🤑