FDUSD Mining Pool Mystery: Binance Launchpool Deposit Difference

The Binance Launchpool interface indicates that the OMNI FDUSD pool has attracted 197,000 participants, with a total deposit exceeding 6 billion FDUSD. However, according to the token contract address disclosed on the official website of FDUSD issuer First Digital, the total supply of FDUSD is 3.97 billion. The current deposit amount of FDUSD in the OMNI FDUSD pool far exceeds the total supply, and it is not yet clear whether this discrepancy is due to an error in the Binance interface data or some other reason.

Source: Binance

An X user thought: The answer may be that a chain was missed? The official website shows: FDUSD is issued simultaneously on Ethereum and BNB Chain respectively. The total supply on the Ethereum network is 3.983 billion pieces, and the total supply on the BNB Chain is 3.983 billion pieces, totaling nearly 8 billion pieces.

There is another theory: Because the issuance of FDUSD is too small, it was accidentally discovered that the number of pledges exceeded the issuance. If it is UDST, it will definitely not be exposed. It is obvious that the exchange can get more airdrops if it inflates the pledge amount.

Before the article was published: Binance has corrected the Launchpool interface data to show that 3.19 billion FDUSD was deposited into the OMNI FDUSD prize pool.