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Cryptocurrency News Articles

Binance Launchpool Announces Listing of DOGS Token

Aug 21, 2024 at 04:36 pm

DOGS token, a Ton-based memecoin born within the Telegram community, is set to debut on the Binance platform. On 20th August 2024

Binance Launchpool Announces Listing of DOGS Token

Binance Launchpool Announces Listing of DOGS Token

DOGS token, a Ton-based memecoin born within the Telegram community, is set to debut on the Binance platform.

On 20th August 2024, an announcement from the Binance official website revealed the new cryptocurrency listing. It introduced DOGS token as their 57th project on the Binance Launchpool project. This development marks a significant milestone for the DOGS project and opens up new opportunities for crypto enthusiasts and investors.

The DOGS token will begin trading on August 26th. Binance will open trading with DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY trading pairs when it lists the DOGS token. While the project launches on the 26th, the farming begins on the 23rd of August. From this day, users will be able to stake their BNB and FDUSD into separate pools to farm DOGS tokens over three days.

As per the details on Launchpool, the total and maximum token supply stand at 550B DOGS while the token reward stands at 22,000,000,000, making up 4 percent of the total supply. As per the regulatory guidelines of the Staking terms, BNB requires KYC completed. With the total daily rewards of 7,333,333,333, BNB and FDUSD, rewards will account for 85% while the latter 15%.

Following this, the DOGS token, which aims to revolutionize the decentralized finance (DeFi) space, will now benefit from the liquidity and trading volume via the Binance listing. This move is expected to enhance the token’s market presence and potentially drive up its value as more investors gain access to it.

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Original source:news4social

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