DYOR

Launchpool

<h2 id="key-points">Key Points</h2> 
<ul> 
 <li>Trading will open with the following pairs: VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY.</li> 
 <li>Users can farm VANA by locking BNB and FDUSD</li> 
</ul> 
<p>Binance has just announced its 62nd project on Launchpool – Vana (VANA), a native EVM-compatible L1 blockchain for user-owned data.</p> 
<p>According to the official announcement, users can lock their BNB and FDUSD to receive VANA Airdrops over two days. Farming will start tomorrow, December 14, at 00:00 (UTC).</p> 
<p>Binance will be the 1st platform to list VANA.</p> 
<h2 id="vana-listing-details">VANA Listing Details</h2> 
<p>The exchange will list VANA on December 16 at 10:00 (UTC). Trading will open with the following pairs:</p> 
<ul> 
 <li>VANA/USDT</li> 
 <li>VANA/BNB</li> 
 <li>VANA/FDUSD</li> 
 <li>VANA/TRY</li> 
</ul> 
<p><a href="https://crypto.ro/en/exchange/binance/">Binance</a> also <a href="https://www.binance.com/en/support/announcement/introducing-vana-vana-on-binance-launchpool-farm-vana-by-locking-bnb-and-fdusd-f6c4a4567f5c42d2b0f632bfcdf89093" rel="nofollow noopener" target="_blank">announced</a> that VANA will be listed with Seed Tag applied, meaning that the token might exhibit higher volatility compared to other listed projects, and users should DYOR before deciding to invest.</p> 
<h2 id="vana-launchpool-details">VANA Launchpool Details</h2> 
<ul> 
 <li>Maximum Token Supply: 120 million VANA</li> 
 <li>Total Genesis Token Supply: 112,641,600 VANA, representing 93.87% of the maximum token supply</li> 
 <li>Launchpool Token Rewards: 4,8 million VANA, representing 4% of the maximum token supply</li> 
 <li>Initial Circulating Supply: 30,084,000 VANA, representing 25.07% of the maximum token supply</li> 
 <li>Hourly Hard Cap per User: 8,500 VANA in BNB pool and 1,500 VANA in FDUSD pool</li> 
 <li>Lock BNB: 4,080,000 VANA in rewards (85%)</li> 
 <li>Lock FDUSD: 720,00- VANA in rewards (15%)</li> 
</ul> 
<h2 id="what-is-vana-vana">What is Vana (VANA)?</h2> 
<p>Vana is a distributed network for private, user-owned data, designed to enable user-owned AI. The platform allows users to own, govern, and earn from the AI models they contribute to. Also, developers gain access to cross-platform data to power personalized apps and train frontier AI models.</p> 
<p>Usually AI training data is held by centralized platforms despite being legally owned by users. Data Liquidity Pools (DLPs)&nbsp; incentivize, aggregate, and cryptographically verify valuable data, liberating it to push the frontiers of AI, the official website of the project notes.</p> 
<p><a href="https://www.vana.org/" rel="nofollow noopener" target="_blank">Vana</a> makes data portable and non-custodial. Users can simply log in with their wallets.</p> 
<p>Vana originated as an MIT project in 2018, that was focused on enabling users to own their data and the AI models they created. Vana is an open-source project that works as a permissionless, decentralized network.</p> 
<p>VANA is the native token of the Vana Network, powering the ecosystem and supporting secure, user-owned, decentralized data transactions.</p> 
<p><strong>VANA Token Utility</strong></p> 
<ul> 
 <li>Network security</li> 
 <li>Governance voting</li> 
 <li>Transaction fees</li> 
 <li>DataDAO participation</li> 
 <li>Data access currency</li> 
</ul> 
<p><strong>VANA Token Distribution</strong></p> 
<ul> 
 <li>44% of the tokens go to the community (36 months unlocks)</li> 
 <li>22.9% of the tokens go to the ecosystem (48 months unlocks)</li> 
 <li>18.8% go to the core contributors (5 years vesting)</li> 
 <li>14.2% go to investors (4 years vesting)</li> 
</ul> 
<figure style="width: 100%" class="wp-caption alignnone">
 <img loading="lazy" decoding="async" src="https://pbs.twimg.com/media/GekN4zQaEAEAvci?format=jpg&amp;name=large" alt="Vana via X" width="1536" height="895" title="Binance Announces VANA as the 62nd Launchpool Project 32">
 <figcaption class="wp-caption-text">
  Vana via X
 </figcaption>
</figure> 
<p>The team behind the project explained that Vana is the <a href="https://www.vana.org/posts/vana-whitepaper" rel="nofollow noopener" target="_blank">first open protocol</a> for AI data sovereignty.</p>

Binance Announces VANA as the 62nd Launchpool Project

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