Binance to Launch DOGS Trading on August 26 with Four Pairs

Binance has officially introduced DOGS (Dogs) as the 57th project in its Launchpool program. DOGS is a memecoin based on the Ton blockchain and is

Binance has announced the addition of DOGS (DOGS) to its Launchpool program, making it the 57th project to join the initiative. Notably, DOGS is a memecoin that operates on the Ton blockchain and has gained significant traction within the Telegram community. The token is set to be listed on Binance, with trading commencing on August 26, 2024. This marks DOGS as the first memecoin to be featured on Binance Launchpool.

As part of the Launchpool activity, users will be able to stake BNB and FDUSD to earn DOGS tokens. The staking period will begin on 23rd August 2024 and will last for 72 hours. During this time, users can lock their BNB and FDUSD tokens in separate pools to earn DOGS.

The total circulating supply of DOGS is 550 billion tokens, out of which 22 billion will be utilized as Launchpool rewards. This constitutes approximately 4% of the total token supply. Of these rewards, 85% will be allocated to BNB stakers, while the remaining 15% will be distributed to FDUSD stakers.

Binance to Launch DOGS Trading on August 26 with Four Pairs

Trading for DOGS will commence at 12:00 UTC on August 26, 2024, and will feature four trading pairs. Specifically, Binance will introduce DOGS/USDT (Tether), DOGS/BNB, DOGS/FDUSD, and DOGS/TRY trading pairs. This broad coverage of trading activities will facilitate greater accessibility and trading of DOGS across the various markets.

Binance Launchpool is a program designed to assist new projects in launching their projects by facilitating token distribution through staking. With the addition of DOGS to this program, Binance will be expanding its offerings and attracting the attention of the cryptocurrency community to this coin.

This listing is a testament to Binance's continued growth and dedication to providing support across the vast and diverse crypto space. As DOGS joins the Launchpool, the community gains an opportunity to contribute to its development and potentially earn bonus coins. This development further solidifies Binance's role in shaping the transformation of the crypto market.