lists ENJIN tokens on its syndicate platform users can now enjoy buying Enjin (ENJ) tokens at a 25% discount on its Syndicate Lite platform.

$250,000 worth of Enjin token has been assigned for this offer. According to an official announcement, only users who stake native token CRO will be eligible to take part in the token sale. The listing is scheduled to go live on Tuesday, June 22, 2020.

Details on the ENJ listing

Trading pairs available will include ENJ/USDT and ENJ/CRO. To participate, users need to first register on the crypto fintech platform Next is to stake some amount of CRO tokens. Furthermore, ensuring that CRO tokens staked do not surpass their “respective maximum allocations”.

The maximum amount of CRO that can be applied towards the listing event will depend on the amount of CRO staked by users. The table below illustrates the maximum allocation of CRO tokens.

Allocation tableSource: Blog


Event Timeline

Event timelineSource: Blog

The crypto platform pointed out that it would not accept staked CRO tokens as a subscription for ENJ throughout this event.

The distribution will take place at a specific time for users to receive the tokens allocated to them. If the amount gotten for the listing event is greater than the total discounted allocation, the final ENJ allocation for any user would be ascertained using the formula below:

Sharing formular

Source: Blog

The platform is available for use by a wide range of global users. However, users in China, Hong Kong, and USA will not be able to take part in the listing event. Find out more details here.

About Enjin

Founded in 2009, Enjin boasts of a gaming community with more than 20 million members. In 2017, Enjin began trying out decentralized tech products. Since then it has designed products that enable easy access, integration, and distribution of blockchain assets. Consisting of a marketplace, Beam, Wallet, etc the platform has over time gained popularity in the crypto space. 

The entire Enjin ecosystem is fueled by its Ethereum-based native token Enjin Coin (ENJ).

Previously announced the listing of ETH, EOS, and VET tokens on its Syndicate Lite platform. Notably, it also recently announced the listing of its MCO token on Indian crypto exchange CoinDCX. With plans to launch its MCO Visa Card program in Canada.

Enjin has recently launched a game development platform on Ethereum. It also recently released a Minecraft plugin alongside an SDK for Java.


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.