Binance, the world’s leading cryptocurrency exchange, is thrilled to announce the launch of Toncoin (TON), a highly anticipated decentralized Layer 1 blockchain, as the 56th project on Binance Launchpool. This marks a significant milestone in Binance’s ongoing commitment to bringing innovative blockchain projects to its global user base.
Starting from August 15, 2024, at 00:00 UTC, Binance users will have the opportunity to farm TON tokens by staking BNB and FDUSD in dedicated pools over a 20-day period. With a total of 7.65 million TON tokens allocated as rewards, this initiative offers a unique chance for users to earn TON while participating in a groundbreaking blockchain project.
Users will get the opportunity to participate in the Launchpool by this link on August 15, 2024, at 00:00 UTC.
Key Highlights of the Toncoin (TON) Launchpool:
- Total Token Supply: 5,110,422,426 TON
- Launchpool Token Rewards: 7,650,000 TON
- Supported Staking Pools:
- BNB Pool: 6,502,500 TON in rewards (85% allocation)
- FDUSD Pool: 1,147,500 TON in rewards (15% allocation)
- Farming Period: August 15, 2024, to September 3, 2024
- Hourly Hard Cap per User:
- 1,354.68 TON in BNB pool
- 239.06 TON in FDUSD pool
In addition to the Launchpool, Binance is also launching the innovative Super Earn product, designed to enhance users’ earning potential with newly listed tokens like TON. Through Super Earn, users can lock their TON tokens in Simple Earn Locked Products to enjoy an exclusive Special Annual Percentage Rate (APR). Further details on the APR will be announced soon, but this limited-time offer promises to amplify returns for early TON adopters.
Why Toncoin (TON)? Toncoin is not just another cryptocurrency; it represents a vision for a decentralized and open blockchain that enables efficient, secure, and scalable transactions. Built on robust technology, TON is poised to play a significant role in the evolution of the blockchain ecosystem.
Binance’s introduction of TON through both Launchpool and Super Earn underscores its dedication to supporting projects that push the boundaries of innovation in the crypto space. The integration of TON into Binance’s diverse range of earning products reflects the exchange’s mission to empower users with new ways to grow their digital assets.
Important Information for Participants:
- Users must complete KYC verification to participate in farming TON.
- Rewards will be calculated hourly and can be claimed directly to users’ spot accounts at any time during the farming period.
- Binance’s BNB Vault and Locked Products will automatically support the Launchpool, ensuring that BNB staked in these products will receive TON rewards.
Regional Restrictions: Please note that users from specific countries, including Australia, Canada, the United States, and others, will be unable to participate in farming TON or the Super Earn program. Binance continuously monitors and adjusts these restrictions in line with evolving regulations.
Stay Connected: For more details about Toncoin (TON), including its whitepaper, official website, and community channels, please visit the official Binance announcement or the TON project links provided.
As Binance continues to lead the way in the cryptocurrency industry, the introduction of Toncoin on Launchpool and Super Earn is yet another step in delivering unparalleled opportunities for users worldwide.
About Binance: Binance is the global blockchain company behind the world’s largest digital asset exchange by trading volume and users, serving a greater mission to accelerate cryptocurrency adoption and increase the freedom of money.
For more information, visit binance.com or follow Binance on social media.
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Disclaimer: Digital asset investments are subject to high market risk. Please conduct your own research and consult with a professional financial advisor before investing.
The post Binance Unveils Toncoin (TON) on Launchpool and Super Earn: A New Era of Decentralized Blockchain Farming appeared first on BeInCrypto.
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