Binance will launch the Launchpool project ── Toncoin (TON) tomorrow (8/15) and launch a 20-day staking reward. Investors can stake FDUSD or BNB to obtain TON tokens. This time, it is also paired with Binance's newly launched Binance Super Earn. Users can lock TON in the Super Earn product to enjoy a special annual interest rate.
Launchpool new project ── Toncoin (TON)
The currencies supported for staking this time are as follows:
BNB: reward 6,502,500 TON (accounting for 85%)
FDUSD: reward 1,147,500 TON (accounting for 15%)
Event time: 8/158:00 to 9/47:59 Beijing time, a total of 20 days
Paired with Binance Super Earn
Binance also announced TON Super Earn at the same time. Users can lock TON in the Super Earn product to enjoy a special annual interest rate. The expected lock-in period is 20 days, but Binance has not yet announced the interest rate.
Binance Super Earn is a special program launched by Binance for newly listed tokens, fully sponsored by the respective token programs. It aims to reward users who hold these newly listed tokens on Binance, including tokens airdropped through Launchpool, Megadrop or HODLer Airdrops. Its annual interest rate is usually higher than the average annual interest rate of Simple Earn locked products.
Blockchain Ton (TON) has been widely supported by Russian and Chinese user communities due to its adoption by Telegram, but some people are also concerned about TON's regulatory risks. Although TON has long been among the top ten non-stablecoin cryptocurrencies, it was not officially launched on Binance until August 8 this year.
This time, Binance launched a 20-day Launchpool and Super Earn event for TON, which may also mean that "regulatory risks" are no longer within Binance's assessment, and it is expected to bring more freedom to the TON community.
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