The Binance Launchpool has emerged as a popular platform for users to earn rewards by staking their tokens. This innovative system allows participants to farm new tokens while supporting promising blockchain projects, creating a win-win situation for both investors and developers.
Catizen (CATI) is the latest addition to the Binance Launchpool, offering users a chance to get involved in an exciting new venture. This guide will walk readers through the process of joining the Farm Catizen project on the Binance Launchpool. It will cover the basics of the platform, how to set up a Binance account, and the steps to lock BNB and FDUSD tokens for farming. By following these instructions, users can start earning CATI tokens and potentially benefit from the project's future growth.
Understanding Binance Launchpool and Catizen (CATI):
Exploring the $CATI Token Economy💰 in Catizen Game Center
What Is the Catizen Game Center?
The Catizen Game Center is a revolutionary platform where 18 blockbuster games, as outlined in the Catizen roadmap, begin to onboard. These aren’t just any games — they’re well-established titles that have accumulated millions of users across various Web2 platforms through In-App Advertising (IAA) and In-App Purchases (IAP) models. The transition to Catizen’s mini-game ecosystem introduces these games to a new audience, blending the best of Web2 and Web3.
The Evolution from Gaming Bot to Game Center
Previously, Catizen was known for its Gaming Bot on Telegram. This bot served as an introduction to the TON Blockchain and Web3 for many users. However, the Game Center upgrade represents a significant evolution. By moving beyond a simple bot, Catizen has expanded its reach, providing a more immersive and interactive gaming experience.
$CATI Token Airdrop: A Game-Changer
The Game Center isn’t just about games; it’s also about the future of the $CATI token. As part of its long-term strategy, Catizen will use the Game Center as a stable application scenario for the upcoming large-scale $CATI token airdrop. This airdrop is a significant event, as nearly 30 million users will become familiar with the utility of the $CATI token in advance, laying the foundation for economic circulation and stabilizing user consensus.
Binance Launchpool
Binance Launchpool is a platform that allows users to stake their tokens to earn rewards from new projects.
Catizen (CATI) is the 59th project to join this innovative ecosystem. As a cat-themed gaming bot built on the Telegram mini-app platform, Catizen has attracted 34 million players and boasts over two million active on-chain users since its inception six months ago.
The CATI token serves as Catizen's native utility and governance token. It functions as an in-game currency, allows users to vote on upcoming Launchpool projects, and can be staked to participate in Catizen's own Launchpool platform. With a total supply of 1,000,000,000 CATI, 9% (90,000,000 CATI) has been allocated for Launchpool token rewards.
Launchpool Token Rewards: 90,000,000 CATI.
Smart Contract/Network Details: Ton Network
Hourly Hard Cap per User:
79,687 CATI in BNB pool
14,062 CATI in FDUSD pool
Where we stake?
Visit The link Below:
https://launchpad.binance.com/en
Don't worry, The links are below.
https://launchpad.binance.com/en/launchpool/CATI_FDUSD
https://launchpad.binance.com/en/launchpool/CATI_BNB
Users can start farming CATI tokens by staking BNB and FDUSD from September 16, 2024, at 00:00 UTC. The farming period will last for four days, with Binance listing CATI on September 20, 2024, at 10:00 UTC. Trading pairs will include CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.
Step 1: Prepare Your Binance Account
To start farming Catizen (CATI) tokens, users need to set up and verify their Binance account. The process involves logging in, navigating to the verification page, and completing identity verification.
Users should provide accurate personal information and upload a clear image of a government-issued ID document. The verification process typically takes a few hours but may be longer during peak periods.
Step 2: Stake BNB and FDUSD for Farming
To participate in the Catizen (CATI) Launchpool, users need to lock their $BNB and $FDUSD tokens. The farming period begins on September 16, 2024, at 00:00 UTC and lasts for four days. Binance has allocated 76.5 million CATI tokens (85% of rewards) to the BNB pool and 13.5 million CATI tokens (15% of rewards) to the FDUSD pool.
Users can lock their tokens in one pool at a time. For instance, if a user has 100 BNB, they can allocate 60 BNB to one Launchpool offer and 40 BNB to another. However, they cannot lock the same BNB in multiple pools simultaneously. This rule applies to both BNB and FDUSD tokens.
Participants have the flexibility to unlock their funds at any time without delay and join other available Launchpools immediately. At the end of the farming period, locked tokens and unclaimed rewards will be automatically transferred to each user's spot account.
Conclusion
The Binance Launchpool's introduction of Catizen (CATI) brings a fresh opportunity for crypto enthusiasts to expand their portfolios. By following this step-by-step guide, users can dive into the world of CATI farming, potentially reaping rewards from this cat-themed gaming project. The process, from setting up a Binance account to locking BNB and FDUSD tokens, is straightforward and accessible to many crypto users.
Project Links
Binance Announcement:
Website: https://catizen.ai/
X: https://x.com/CatizenAI
Telegram: https://t.me/CatizenAnn
