Binance Wallet Distributes 50 Million FHE Tokens in Mind Network TGE

Binance Wallet has announced an exclusive Token Generation Event (TGE) in collaboration with Mind Network, set to occur from April 10th, 19:00 to 20:00 Beijing time. The primary goal of this event is to distribute 50 million FHE tokens, which constitute 5% of the total supply. Participants will have the opportunity to contribute BNB to a pool, with the allocation of FHE tokens determined by the proportion of their BNB contribution to the total BNB pool. The formula for token allocation is: (Your BNB contribution ÷ Total BNB contributed) × $750,000 (in BNB). This event offers users a chance to access a significant portion of the FHE tokens, with an upper limit of 3 BNB per user for subscription.

The TGE is structured to engage the community and provide early access to the FHE tokens, which are integral to the Mind Network ecosystem. By participating in the event, users can support the development of the Mind Network and potentially benefit from the growth of the FHE token. The event is open to all Binance Wallet users, and the distribution of tokens will be based on the proportion of BNB contributed by each participant. This approach ensures a fair and transparent allocation process, aligning with Binance's commitment to community engagement and decentralization.

The Mind Network TGE on Binance Wallet is a strategic initiative to foster community involvement and support the growth of the FHE token. By offering 50 million FHE tokens, the event provides a substantial opportunity for users to acquire a significant portion of the token supply. The upper limit of 3 BNB per user ensures that the distribution is accessible to a wide range of participants, promoting inclusivity and fairness. The event's timing and structure are designed to maximize participation and engagement, reflecting Binance's dedication to creating a vibrant and active community around the Mind Network ecosystem.