Key Points
- Trading will open with the next pairs: VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY.
- Users can farm VANA by locking BNB and FDUSD
Binance has simply introduced its 62nd mission on Launchpool – Vana (VANA), a local EVM-compatible L1 blockchain for user-owned knowledge.
According to the official announcement, customers can lock their BNB and FDUSD to obtain VANA Airdrops over two days. Farming will begin tomorrow, December 14, at 00:00 (UTC).
Binance would be the 1st platform to record VANA.
VANA Listing Details
The change will record VANA on December 16 at 10:00 (UTC). Trading will open with the next pairs:
- VANA/USDT
- VANA/BNB
- VANA/FDUSD
- VANA/TRY
Binance additionally announced that VANA can be listed with Seed Tag utilized, that means that the token may exhibit increased volatility in comparison with different listed tasks, and customers ought to DYOR earlier than deciding to speculate.
VANA Launchpool Details
- Maximum Token Supply: 120 million VANA
- Total Genesis Token Supply: 112,641,600 VANA, representing 93.87% of the utmost token provide
- Launchpool Token Rewards: 4,8 million VANA, representing 4% of the utmost token provide
- Initial Circulating Supply: 30,084,000 VANA, representing 25.07% of the utmost token provide
- Hourly Hard Cap per User: 8,500 VANA in BNB pool and 1,500 VANA in FDUSD pool
- Lock BNB: 4,080,000 VANA in rewards (85%)
- Lock FDUSD: 720,00- VANA in rewards (15%)
What is Vana (VANA)?
Vana is a distributed community for personal, user-owned knowledge, designed to allow user-owned AI. The platform permits customers to personal, govern, and earn from the AI fashions they contribute to. Also, builders achieve entry to cross-platform knowledge to energy customized apps and prepare frontier AI fashions.
Usually AI coaching knowledge is held by centralized platforms regardless of being legally owned by customers. Data Liquidity Pools (DLPs) incentivize, combination, and cryptographically confirm helpful knowledge, liberating it to push the frontiers of AI, the official web site of the mission notes.
Vana makes knowledge transportable and non-custodial. Users can merely log in with their wallets.
Vana originated as an MIT mission in 2018, that was targeted on enabling customers to personal their knowledge and the AI fashions they created. Vana is an open-source mission that works as a permissionless, decentralized community.
VANA is the native token of the Vana Network, powering the ecosystem and supporting safe, user-owned, decentralized knowledge transactions.
VANA Token Utility
- Network safety
- Governance voting
- Transaction charges
- DataDAO participation
- Data entry foreign money
VANA Token Distribution
- 44% of the tokens go to the group (36 months unlocks)
- 22.9% of the tokens go to the ecosystem (48 months unlocks)
- 18.8% go to the core contributors (5 years vesting)
- 14.2% go to traders (4 years vesting)
The group behind the mission defined that Vana is the first open protocol for AI knowledge sovereignty.
