VANA Token Listed on Binance Following Launchpool Success with BNB and FDUSD Locking
After its 62nd Launchpool, VANA was successfully listed on Binance today. By locking BNB and FDUSD throughout the event, users might get a VANA airdrop from a 4.8M VANA pool.
Vana’s EVM-Compatible Blockchain and VANA Token: Shaping the Future of Data Monetization
Vana is a user-owned data network that revolutionizes the management, exchange, and commercialization of data. Users can pool their data in DataDAOs using the Vana L1 blockchain while still having control and privacy. These decentralized datasets can be used by developers to create data-driven dApps and AI models. Vana, an EVM-compatible blockchain, facilitates safe, private data transactions and user-owned AI on both an individual and collective level, assisting people in regaining control over their personal information.
Vana Network’s native token, VANA, powers its ecosystem and facilitates safe, decentralized data transfers. These crucial use cases play a pivotal role in the multi-token ecosystem:
- Network Security: To ensure blockchain stability, validators stake VANA.
- Transaction Fees: VANA covers the cost of transactions, the execution of smart contracts, and communications with DataDAOs.
- DataDAO Staking: To increase DataDAO performance and receive incentives, users stake VANA.
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