Binance to Launch Toncoin (TON) on Launchpool and Super Earn!

Lock your tokens and earn Special APR rewards.

Binance, the leading global cryptocurrency exchange by trading volume, has announced the launch of Toncoin (TON), a decentralized, open-layer blockchain, as the 56th project on Binance Launchpool.

The launch will officially commence on August 15, 2024, enabling users to participate in this farming opportunity by staking BNB and FDUSD to earn TON tokens.

Introducing Toncoin $TON on #Binance Launchpool and Super Earn!

Lock your tokens and earn Special APR rewards.

Find out more ? https://t.co/Y8vHwg2a92 pic.twitter.com/3m1khH1APB

Toncoin Launch DetailsLaunch begins on August 14 with the official Toncoin page going live on Binance.

The farming period will commence on August 15 at 00:00 UTC and will last for 20 days, allowing users to stake their tokens in separate pools and earn TON.

Over 7.65 million TON tokens have been allocated by the platform to be distributed as rewards, split between the BNB and FDUSD pools.

Furthermore, Binance is introducing a new feature called Binance Super Earn.

This feature will enable users to lock their TON tokens in Simple Earn Locked Products and earn a special annual percentage rate (APR), the details of which will be announced separately.

Toncoin User ExperienceTo participate, users must complete Know Your Customer (KYC) verification, and certain regions — including Australia, Canada, the United States, and parts of Ukraine, among others — are excluded due to regulatory restrictions

For transparency, the Toncoin network is supported by several block explorers, such as tonviewer.com and tonscan.org.

Tokens can be staked in only one pool at a time, but users can unstake and reallocate their funds at any moment during the farming period.

This also applies to BNB Vault and Locked Products, and users can automatically participate in the Launchpool and receive new token rewards.