Binance Launchpool Introduces Dogs (DOGS) Token with BNB and FDUSD Staking

Binance, a number one international cryptocurrency trade, has introduced the addition of Canine (DOGS), a brand new memecoin, to its Launchpool platform. In line with Binance, customers can farm DOGS by staking Binance Coin (BNB) and FDUSD, ranging from August 23, 2024.

Launchpool Particulars

The Canine (DOGS) token is the 57th mission on Binance Launchpool, originating from the Telegram group. Customers may have the chance to stake their BNB and FDUSD into separate swimming pools to farm DOGS tokens over a three-day interval, starting at 00:00 UTC on August 23, 2024.

Binance will formally record the DOGS token on August 26, 2024, at 12:00 UTC. Buying and selling pairs accessible will embody DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY. The token shall be flagged with a Seed Tag to point its excessive volatility and related dangers.

Tokenomics

• Token Identify: Canine (DOGS)

• Complete and Max Token Provide: 550,000,000,000 DOGS

• Launchpool Token Rewards: 22,000,000,000 DOGS (4% of complete token provide)

• Preliminary Circulating Provide When Listed on Binance: 516,750,000,000 DOGS (~93.95% of complete token provide)

Supported Swimming pools

• Stake BNB: 18,700,000,000 DOGS in rewards (85%)

• Stake FDUSD: 3,300,000,000 DOGS in rewards (15%)

• Farming Interval: 2024-08-23 00:00 (UTC) to 2024-08-25 23:59 (UTC)

DOGS Farming Accumulation

Binance will help the distribution of DOGS airdrop claims for eligible customers, who can declare their airdrop tokens by way of the DOGS airdrop declare web page. Customers are suggested to make sure their tokens are deposited into their Binance spot accounts one hour earlier than the itemizing time. If points come up, customers can declare DOGS on-chain or contact the DOGS Telegram Bot.

Participation within the Launchpool is topic to eligibility primarily based on the consumer’s nation or area of residence. Customers from sure international locations, together with the USA, Canada, and Japan, won’t be able to take part in farming DOGS.

For extra info, go to the official announcement on Binance.

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