DOGS Token: Binance Listing and Farming Start Dates Announced

DOGS Token: Binance Listing and Farming Start Dates Announced
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Binance Introduces DOGS Token

Binance is set to launch its 57th project on Launchpool with the introduction of the DOGS token. The token will be officially listed on August 26, 2024, and will be available for trading in various pairs:

  • DOGS/USDT
  • DOGS/BNB
  • DOGS/FDUSD
  • DOGS/TRY

The DOGS token, a Ton memecoin from the Telegram community, will also offer users the chance to farm it by staking BNB and FDUSD through separate pools.

Farming Mechanics and Token Distribution

Farming for DOGS will begin on August 23, 2024, at 00:00 UTC. During this period, users can stake BNB or FDUSD in designated pools to earn DOGS over a span of three days. Key details include:

  • KYC Requirement: Users must complete account verification to participate.
  • Hourly Hard Caps:
    • 25,972,222.22 DOGS for the BNB pool
    • 4,583,333.33 DOGS for the FDUSD pool
  • Total Reward Allocation: 22 billion DOGS, which is 4% of the total supply of 550 billion DOGS.
  • Initial Circulating Supply: 516.75 billion DOGS, representing approximately 93.95% of the total supply.

Participation Guidelines and Regional Restrictions

To participate in the DOGS farming, users must complete account verification and meet specific eligibility criteria based on their country of residence. Note the following regional restrictions:

  • Excluded Countries:
    • Australia
    • Canada
    • Japan
    • United States
  • Restricted Territories:
    • Cuba
    • North Korea
    • Syria

Airdrop Claims and Ongoing Updates

Eligible users can claim their DOGS airdrop rewards through the DOGS airdrop claim page on Binance. Additionally, Binance will continue to support flexible and locked BNB products for the Launchpool, ensuring that users who have staked BNB will automatically participate in DOGS farming.