Binance has announced the introduction of Sui (SUI) on its Launchpool platform.
Binance Launchpool Adds SUI Token: Staking BNB and TUSD for Rewards
Binance has announced the introduction of Sui (SUI) on its Launchpool platform. Users will be able to farm SUI tokens by staking Binance Coin (BNB) and TrueUSD (TUSD) starting from a specified date. The Launchpool platform aims to offer users a secure and accessible way to stake their tokens and earn rewards in the form of new project tokens.
The introduction of Sui (SUI) to Binance Launchpool will allow users to stake their BNB and TUSD holdings and earn SUI tokens as rewards. Binance has detailed the allocation of SUI tokens for each staking pool, with the BNB pool allocated a certain percentage, and the TUSD pool allocated another percentage. The farming of SUI tokens will run for a designated period, after which users can claim their rewards.
Binance's addition of Sui (SUI) to its Launchpool platform demonstrates the exchange's ongoing commitment to supporting new projects and providing users with diverse investment opportunities. The Launchpool platform has become an important avenue for projects to gain exposure and attract users within the Binance ecosystem
