The renowned centralized crypto exchange Binance has recently introduced a new project. While disclosing this on its official Twitter account, the platform noted that the name of the exclusive project is CyberConnect. The crypto exchange clarified that it is introducing the respective project on Binance Launchpool. CyberConnect (CYBER) enables staking with well-known crypto tokens such as FUSD, TUSD, and the crypto exchange’s native BNB coin.
Binance’s Latest Project CyberConnect Enables Staking with FUSD, TUSD, and BNB Tokens
In addition to this, Binance also published a blog post on its web portal. The crypto exchange revealed in the post that the respective project is the platform’s thirty-seventh project that is going live on Binance Launchpool. While providing details regarding it, the crypto exchange disclosed that CyberConnect (CYBER) is a Web3 social network. As per the company, it lets developers develop social applications.
Binance also brought to the front that the web portal is assessed to be accessible in five hours, before the initiation of the Launchpool. The customers will be permitted to stake the FUSD, TUSD, and BNB tokens in their possession into diverse pools for farming CYBER tokens over thirty days. Farming begins from the 2nd of this month.
The Crypto Exchange Will Offer Trading with CYBER Token via Diverse Pairs after Listing It
According to the crypto exchange, the platform will carry out the listing of the CYBER token of the latest project on the 15th of August. Apart from that, Binance will start trading the CYBER tokens through diverse trading pairs. These pairs take into account CYBER/BNB, CYBER/USDT, and CYBER/BTC. While moving on, the firm also pointed out that it will apply Seed Tag to CYBER. The crypto exchange asserted that the cumulative token supply of CYBER comprises 100,000,000 tokens.
