PANews reported on October 31 that Binance announced the official launch of its 71st Launchpool project, Kite (KITE). KITE is an AI payment blockchain project with a total supply of 10 billion tokens. Users can participate in a two-day airdrop event by staking BNB, FDUSD, and USDC, starting at 08:00 Beijing time on November 1, 2025.
Binance will list KITE on November 3, 2025 at 21:00 (UTC+8), and open trading pairs KITE/USDT, KITE/USDC, KITE/BNB, and KITE/TRY. The initial circulating supply will be 1.8 billion KITE, representing 18% of the total supply. An additional 50 million KITE will be allocated for marketing activities; details will be announced six months after the spot listing.
KITE supports BNB Smart Chain, Ethereum, and Avalanche networks. Users must complete Binance KYC verification to participate in Launchpool. The hourly user limits for staking pools are as follows: BNB pool 265,625 KITE, FDUSD pool 15,625 KITE, and USDC pool 31,250 KITE.
