Binance launches new Launchpool - PORTAL, boosting BNB and FDUSD
The cryptocurrency exchange Binance announced on February 21st the launch of the next phase of its Launchpool – PORTAL. The announcement stated that deposits of BNB and FDUSD will be open starting at 8:00 AM on February 22, 2024. Following the news, BNB surged over 2%, while the price of the stablecoin FDUSD also increased by 32%. (Deposit Page)
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What is PORTAL?
According to the official website, PORTAL is a cross-chain gaming platform built on the LayerZero cross-chain protocol, integrating with multiple chains such as Solana and Polygon.
The token can be used as a cross-game token, including in-game payments, staking, governance, purchasing exclusive items, platform tokens, and buying nodes. However, there is not much information available on the website.