Binance's latest Launchpool project NFPrompt is now open for mining, with a total of 11% of tokens to be distributed to users

2023-12-20 15:51:57
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ChainCatcher message, Binance's new coin mining project for the 41st phase, NFPrompt (NFP), is now open. Users can invest BNB, FDUSD, and TUSD into the NFP mining pool on the Binance Launchpad & Launchpool website to earn NFP rewards. A total of 7 days of NFP mining is available.

Binance officials stated that this is the first project launched after the introduction of "Fair Mode" in Binance's new coin mining, with up to 11% of the total token supply, or 110 million NFP, allocated to users participating in the mining. "Fair Mode" is a new token distribution model designed to protect the community and retail investors, maximizing user benefits. Under this model, the initial circulating supply of issued tokens will significantly increase (all Launchpool tokens will be released before listing), and it will permanently prevent a portion of token distribution from entering circulation to further reduce inflationary pressure.

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