Binance is thrilled to announce the 39th project on Binance Launchpool: Memecoin (MEME). Memecoin serves as the native ecosystem token of Memeland, a Web3 venture studio created by 9GAG, the globally popular meme platform. Let’s dive into the details:
What Is Memecoin (MEME)?
Memecoin isn’t your ordinary cryptocurrency. It’s a bridge to the world of memes, combining blockchain technology with humor. Here are the key highlights:
- Web3 Meme Ecosystem: Memecoin enables developers and meme enthusiasts to participate in a decentralized meme-sharing ecosystem. Imagine a place where memes are minted, traded, and celebrated!
- 9GAG Partnership: With 9GAG’s backing, Memecoin gains access to a massive community of meme lovers. Expect hilarious content, viral trends, and a dash of crypto magic.
- Tokenomics: The MEME token is your ticket to the Memeland carnival. Use it for governance, staking, and unleashing your inner memelord.
How Does Memecoin Launchpool Work?
Binance Launchpool invites users to stake their assets and reap rewards in newly launched tokens. Here’s the scoop on Memecoin’s Launchpool:
- Staking Assets: Stake your BNB, TUSD, and FDUSD in separate pools to farm MEME tokens over a 30-day period.
- Farming Start Date: Get ready! The farming frenzy begins on October 28, 2023, at 00:00 (UTC).
- Token Metrics:
- Total Token Supply: 69,000,000,000 MEME
- Launchpool Token Rewards: 1,380,000,000 MEME (2% of total supply)
- Initial Circulating Supply: 8,797,500,000 MEME (12.75% of total supply)
Staking Terms and Pools:
- KYC Required: Complete your KYC verification.
- Hourly Hard Cap per User:
- BNB pool: 153,333.33 MEME
- TUSD pool: 19,166.67 MEME
- FDUSD pool: 19,166.67 MEME
- Supported Pools:
- Stake BNB: 1,104,000,000 MEME in rewards (80%)
- Stake TUSD: 138,000,000 MEME in rewards (10%)
- Stake FDUSD: 138,000,000 MEME in rewards (10%)
Farming Period and Rewards:
- Farming Period: From October 28, 2023, to November 26, 2023 (UTC)
- Daily Rewards:
- BNB Pool: 46,000,000 MEME
- TUSD Pool: 36,800,000 MEME
- FDUSD Pool: 4,600,000 MEME
MEME Farming Distribution
Important Notes:
- Snapshots and Rewards: Hourly snapshots track user balances for reward calculations.
- Claiming Rewards: Accumulate hourly rewards and claim them directly to your spot account anytime.
- Unstaking: Unstake at will and explore other pools immediately.
- Single Pool Staking: Allocate your tokens wisely—one pool at a time.
More Information About Memecoin
Website: https://www.memecoin.org/; https://www.memeland.com/
Whitepaper: https://www.memecoin.org/whitepaper
Twitter: https://twitter.com/memecoin; https://twitter.com/Memeland
Discord: https://discord.gg/memeland