According to BinanceENSO was listed on the platform today at 12:00 PM Moscow time in trading pairs with USDT, USDC, BNB, FDUSD, and TRY. Prior to this, the crypto exchange conducted an airdrop of the token directly to spot accounts of eligible users, specifically those subscribed to the Simple Earn and On-Chain Yields programs, an hour before trading began.
ENSO will also be available on other centralized exchanges today, including Bitget, KuCoin, MEXCи Gate.
The token distribution and subsequent listing coincided with the project’s token generation event, which will create the total number of tokens. According to the project’s tokenomics, ENSO debuted with a total token supply of 100 million and an initial circulating supply of 20,5 million, representing 20,59% of the total supply.
Enso will operate under a deflationary model, which involves a gradual reduction in token supply over time. The initial annual inflation rate is 8% and decreases monthly until it reaches 0,35468%.
Approximately 1,75% of the total ENSO supply has been allocated for community distribution, amounting to 1,75 million. In addition, 500,000 tokens will be used for advertising campaigns after the exchange listing, and 1,750,000 will be used for future marketing campaigns after 6 months.
The Enso project positions itself as a unified network for performing operations and transferring data, which allows developers to create complex applications simply by specifying what they want to do, instead of programming every step.