Binance, the world's largest cryptocurrency exchange, announced 39 projects on the Launchpool platform.
It was stated that the new Launchpool project is Memecoin (MEME), the native ecosystem token of Memeland.
Binanace stated the following in its statement:
“Binance is excited to announce its 39th project on Binance Launchpool, Memeland's native ecosystem token. This project is designated Memecoin (MEME).
Memeland is the Web3 venture studio of the globally popular meme platform 9GAG. It is estimated that the web page will be ready 4 hours before Launchpool starts.
Users will be able to stake their BNB, TUSD and FDUSD in separate pools to farm MEME tokens for 30 days starting from 28.10.2023 00:00 (UTC).
Binance will then list MEME on 03.11.2023 at 08:00 (UTC) and initiate trading with MEME/BTC, MEME/USDT and MEME/BNB trading pairs.
Memecoin Launch Pool Details:
Token Name: Memecoin (MEME) Total and Maximum Token Supply: 69,000,000,000 MEME Launchpool Token Rewards: 1,380,000,000 MEME (2.00% of total token supply) Initial Circulating Supply: 8,797,500,000 MEME (12% of total token supply .75) Smart Contract Detail: Memecoin (MEME) Staking Conditions: KYC required 153,333.33 MEME in BNB pool 19,166.67 MEME in TUSD pool 19,166.67 MEME in FDUSD pool”
*This is not investment advice.