What is Santos FC Fan Token (SANTOS)?

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Binance has announced its 26th project on Binance Launchpool. Santos FC Fan Token (SANTOS) running on Binance Smart Chain has become Binance Launchpool’s 26th project. Users will be able to stake their BNB and BUSD in separate pools to collect SANTOS tokens for 30 days starting from 27/11/2021. The exchange will list SANTOS on the Innovation Zone platform as of 01.12.2021. So what is Santos FC Fan Token (SANTOS)? cryptocoin.com We have compiled the details for you, let’s examine the subject together…

What is Santos FC Fan Token (SANTOS)?

Santos FC Fan Token (SANTOS) is a BEP-20 utility token designed to revolutionize the fan experience for all Santos FC fans. The cryptocurrency empowers Santos FC fans to participate in team voting surveys, hunt for digital collectibles, purchase NFT and enjoy gamification features linked to fan rewards or great experiences. SANTOS token holders are eligible to participate in fan engagement voting sessions on the Binance Fan Token platform.

  • Blockchain Infrastructure: The Santos FC Fan Token is issued on the Binance Smart Chain (BSC) as a native BEP-20 token. This provides more accessibility to Santos FC fans and provides a wide range of token functionalities at low transaction costs.
  • Token Utility: Santos FC Fan Token offers limited collection and a variety of fan engagement options, including integration with Binance NFT Marketplace, interactive team rewards, exclusive privileges, voting rights, gamification, and exclusive brand experiences.
  • Brand identity: Santos FC currently has over 6 million supporters in Brazil and a digital fan base of over 10 million on its social networks. In partnership with the Binance ecosystem, the SANTOS token is accessible to both the Santos FC fanbase and the entire Binance user base.

SANTOS Launchpool Details:

  • Token Name: Santos FC Fan Token (SANTOS)
  • Maximum token supply: 30,000,000 SANTOS
  • Launchpool token rewards: 1,500,000 SANTOS (5% of the maximum token supply)
  • Initial Circulating Supply: 4,550,000 SANTOS (15.17% of maximum token supply)
  • Smart Contract Address: SANTOS (BEP-20)
  • Staking Conditions: No upper limit. KYC is required.

Supported Pools:

  • Stake BNB: 1,200,000 SANTOS (80%) as reward
  • Stake BUSD: 300,000 SANTOS reward (20%)
  • Staking starts on 26.11.2021.
  • Farming Period: Between 21.11.2021 and 26.12.2021.

Token Allocation

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