Binance, the world’s largest cryptocurrency exchange, announced that its 57th project on the Launchpool platform will be Dogs (DOGS).
According to the statement, Binance users will be able to farm DOGS tokens for three days starting at 03:00 on August 24th. BNB and FDUSD will be able to stake in their pools.
Binance, August 26 at 15:00 GMT Turkish Lira and DOGS with USDT, BNB, FDUSD pairs Seed Tag will list it on the exchange with the tag. The exchange said, “Binance, which lists the token mentioned here first platform “It will happen,” he said.
Developed in the Telegram ecosystem
DOGS token was developed by Telegram founder Pavel Durov, inspired by his character named “Spotty”. DOGS, a Telegram-based memecoin, has a total of 550 billion supply It is located.
Of this, 81.5% was allocated to the community, 10% to the team and future work, and 8.5% to liquidity on centralized and decentralized exchanges.
Binance will distribute 22 billion DOGS to users on the Launchpool platform, representing 4 percent of the token’s total supply. Meanwhile, 18.7 billion DOGS will be distributed to BNB pools and 3.3 billion DOGS to FDUSD pools.
The exchange also stated that it will support the airdrop process for users who want to deposit funds directly into their Binance account from DOGS’s airdrop page. Claimed to have more than 50 million users, DOGS started its airdrop as of yesterday.