Automata (ATA) has been selected as the 20th new token mining project on Binance Launchpool, marking a significant milestone for privacy-focused decentralized applications (dApps) in the blockchain ecosystem. Users can now stake BNB, BUSD, or DOT to earn ATA rewards over a 30-day mining period. This event not only introduces a promising privacy middleware protocol to a broader audience but also reinforces Binance’s ongoing commitment to supporting innovative Web3 projects.
The mining phase began on June 2, 2021, at 08:00 (Hong Kong time), allowing participants to contribute their holdings and receive ATA tokens as rewards. Additionally, Binance listed ATA on its Innovation Zone on June 7, 2021, at 14:00 (Hong Kong time), enabling trading pairs such as ATA/BTC, ATA/BNB, ATA/BUSD, and ATA/USDT.
What Is Automata (ATA)?
Automata Network is a privacy-preserving middleware layer designed specifically for decentralized applications. It operates as a trustless service protocol that enhances privacy and security for dApps built on public blockchains like Ethereum and Polkadot. By filtering out sensitive data from transaction processing, Automata ensures that user activity remains confidential—without sacrificing decentralization or performance.
This focus on privacy addresses one of the most pressing challenges in Web3: how to maintain transparency on-chain while protecting user intent and behavior. With increasing scrutiny on blockchain analytics and transaction tracing, solutions like Automata are becoming essential infrastructure for next-generation dApps.
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Key Token Metrics
- Token Name: Automata (ATA)
- Total Supply: 1,000,000,000 ATA
- Initial Circulating Supply: 172,252,000 ATA (17.2% of total supply)
- Mining Allocation: 40,000,000 ATA (4% of total supply)
Smart Contracts:
Notably, this mining event had no upper limit per user, and no KYC was required, making it accessible to a global audience.
How the Mining Pools Worked
Three separate staking pools were made available, each accepting different assets and offering proportional reward distributions:
- BNB Mining Pool: 28,000,000 ATA (70% of total mining allocation)
- BUSD Mining Pool: 4,000,000 ATA (10%)
- DOT Mining Pool: 8,000,000 ATA (20%)
The mining window spanned exactly 30 days—from June 2, 2021, at 08:00 HKT to July 2, 2021, at 07:59 HKT.
Daily Mining Quotas
To manage distribution fairly across the period, Binance implemented a tiered daily reward schedule:
Phase 1 (June 2 – June 6): Higher daily rewards to encourage early participation
Total daily allocation: 4,000,000 ATA
- BNB: 2,800,000 ATA/day
- BUSD: 400,000 ATA/day
- DOT: 800,000 ATA/day
Phase 2 (June 7 – July 1): Reduced daily output after initial surge
Total daily allocation: 800,000 ATA
- BNB: 560,000 ATA/day
- BUSD: 80,000 ATA/day
- DOT: 160,000 ATA/day
Note: The official schedule uses UTC timestamps. For Hong Kong users, each day corresponds to an 8 AM to 8 AM cycle due to the +8 UTC offset.
Mining Mechanics and User Flexibility
Binance structured the event with flexibility and transparency in mind:
- Hourly snapshots of user balances and total pool size were taken to calculate earnings.
- Rewards were updated hourly and could be claimed anytime to users’ spot wallets.
- Annualized percentage rates (APRs) were displayed in real-time for each pool.
- Users could freely reallocate stakes between pools but could not stake the same asset in multiple pools simultaneously.
- After the mining period ended, all unclaimed rewards and staked assets were automatically returned to users’ accounts.
An added benefit for BNB stakers: tokens committed to the mining pool continued to count toward BNB-based benefits, including VIP tier eligibility, Launchpad allocations, and airdrop qualifications.
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Why Automata Matters in the Web3 Landscape
As decentralized applications grow in complexity and usage, so does the need for privacy layers. Public blockchains inherently expose transaction metadata—information that can be exploited by front-running bots or surveillance tools. Automata tackles this by acting as an intermediary that processes queries off-chain while ensuring results are verifiable and tamper-proof.
Use cases include:
- Private voting in DAOs
- Anonymous NFT minting
- Confidential DeFi order routing
- Secure oracle integrations
By abstracting away sensitive logic execution, Automata enables developers to build truly private dApps without compromising on decentralization.
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These terms reflect high-intent search queries related to cryptocurrency staking events, privacy technologies, and Binance Launchpool participation.
Frequently Asked Questions
What is the purpose of Automata Network?
Automata Network provides privacy-enhancing middleware for dApps by filtering out sensitive data during transaction processing. It allows applications to verify actions without exposing user intent or behavior on-chain.
How were mining rewards calculated?
Rewards were calculated hourly based on your proportion of the total stake in a given pool. The more you contributed relative to others in the same pool, the higher your share of the daily ATA allocation.
Could I switch between mining pools during the event?
Yes. Users could withdraw their assets from one pool and deposit them into another at any time. However, only one active stake per asset type was allowed—no double-dipping.
Was there a cap on how much I could mine?
No individual mining cap was imposed, and no KYC was required. However, rewards were subject to diminishing daily rates after June 6.
When did ATA become tradable?
ATA trading launched on June 7, 2021, at 14:00 (HKT) on Binance’s Innovation Zone with multiple trading pairs including ATA/BTC and ATA/USDT.
Did staking BNB affect my VIP status?
No—BNB used in the mining pool still counted toward your overall BNB holdings for VIP tier determination and other platform benefits.
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Final Thoughts
The inclusion of Automata (ATA) in Binance’s 20th new token mining event highlighted growing interest in privacy infrastructure within the decentralized ecosystem. With its innovative approach to confidential computation and seamless integration with major blockchains, Automata stands out as a foundational tool for future-proofing dApps against surveillance and exploitation.
While this specific mining event concluded in July 2021, similar opportunities continue to emerge across leading exchanges. Staying informed about upcoming staking events—and understanding how they align with long-term trends like Web3 privacy—is key to maximizing both learning and earning potential in the crypto space.