Bitrue finished its DOGS launchpool already, but you can still get free DOGS with Binance. This exchange just announced the launch of its 57th project on Binance Launchpool: Dogs (DOGS), a memecoin rooted in the Telegram community.
Importantly, Binance will be the first platform to list DOGS, with trading set to begin on August 26, 2024, at 12:00 UTC. With this listing, users will soon be able to trade DOGS with various pairs, including DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY.
Key Takeaways:
- DOGS token farming starts August 23, 2024 on Binance Launchpool.
- Users can stake BNB and FDUSD to earn a share of 22 billion DOGS tokens.
- DOGS trading pairs will be available on Binance starting August 26, 2024.
DOGS Launchpool Farming Details
Binance Launchpool will allow users to farm DOGS tokens by staking BNB and FDUSD in dedicated pools. Starting on August 23, 2024, at 00:00 UTC, users can participate in the three-day farming event, which will reward participants with a portion of the 22 billion DOGS tokens allocated for this purpose—representing 4% of the total token supply.
DOGS Tokenomics and Farming Pools
DOGS has a total and maximum supply of 550 billion tokens. Upon listing, the initial circulating supply will be approximately 516.75 billion DOGS, making up around 93.95% of the total supply. DOGS operates on the Ton blockchain, with KYC verification required for staking.
Two pools will be available for staking:
- BNB Pool: Allocated 85% of the rewards, or 18.7 billion DOGS.
- FDUSD Pool: Allocated 15% of the rewards, or 3.3 billion DOGS.
Farming Period and Rewards Distribution
The farming period will run from August 23 to August 25, 2024, with daily rewards distributed as follows:
- BNB Pool: 6.23 billion DOGS per day.
- FDUSD Pool: 1.1 billion DOGS per day.
Participants will have hourly caps on how much they can earn, ensuring a fair distribution of rewards. The farming process is designed to be simple and accessible, inviting both seasoned traders and newcomers to take part in this opportunity.
DOGS Airdrop
Over 40 million users are potentially eligible to get a free DOGS airdrop, too. To find out if you are eligible, open the DOGS app on Telegram and see if you can claim your airdrop. The official app supports direct claims to OKX and Bybit accounts, and zero-fee claims to Bitget accounts.
Stake and Farm DOGS on Binance
Binance encourages users to prepare for this exciting farming event by staking their BNB and FDUSD tokens in the DOGS Launchpool. In addition, you can still stake BNB or FDUSD in Binance’s Toncoin (TON) launchpool, ending on September 3rd.
With a limited-time farming window and generous rewards on offer, this is an opportunity not to be missed. Get ready to farm DOGS and be part of this new memecoin’s journey from the very start.
