Binance, the world's leading cryptocurrency exchange, is proud to announce Toncoin (TON) as the 56th project on its Launchpad. This is one of the most awaited decentralized Layer 1 blockchains, as it represents a big move in Binance's continuous steps toward new blockchain projects reaching its global user base.
As of August 15, 2024, from 00:00 UTC, Binance users can farm TON tokens by staking BNB and FDUSD in dedicated pools for 20 days. The program, which will allow users to get up to a total of 7.65 million TON tokens as an incentive, is a special opportunity to get rewarded for using TON as an innovative blockchain project.
TON Launchpool Details
Users will be able to participate in the Launchpool via this link starting August 15, 2024, at 00:00 UTC.
đToken Name: Toncoin (TON)
đCurrent Total Token Supply: 5,110,422,426 TON
đLaunchpool Token Rewards: 7,650,000 TON
đToncoin Network Explorer: tonviewer.com, tonscan.org, tonscan.com
đStaking Terms: KYC required
đ„Hourly Hard Cap per User:
đ239.06 TON in FDUSD pool
đ„Supported Pools: Stake BNB (webpage within 24 hours): 6,502,500 TON in prizes (85%).
đStake FDUSD (webpage will go live in approximately 24 hours): 1,147,500 TON in incentives (15%).
đFarming period: 2024-08-15 00:00, UTC â 2024-09-03 23:59, UTC.
đDates (00:00:00 - 23:59:59 UTC each day) - 2024-08-15 - 2024-09-03
đ„Total Daily Rewards (TON) - 382,500
đ„BNB Pool Daily Rewards (TON) - 325,125
đ„FDUSD Pool Daily Rewards (TON) - 57,375
WHAT IS BINANCE EARN?
According to the official announcement from Binance, Binance Earn is a platform that facilitates customer participation in investment activities. Through this platform, investors can save and build assets to achieve fixed and secure profits.
Income from it primarily comes from engaging in activities such as staking, farming, and other attractive investment opportunities for those willing to accept higher risks.
Even if you prefer not to participate in trading activities, the platform still provides opportunities to accumulate and increase your wealth.
The platform offers high-quality cryptocurrency financial products, each presenting different profit opportunities, ranging from safe products with fixed yields to more attractive but higher-risk profit opportunities.
With Binance Earn, you have the chance to earn additional income from your cryptocurrency assets in a safe and convenient environment, protected by Binance's top-notch security measures.
HOW DOES BINANCE EARN WORK?
Binance Earn functions as a savings account where users can lend, stake, pool, and earn additional profits with their assets. Specifically, this platform calculates the APR that users receive when utilizing flexible deposit products, DCA, or staking on the platform.
All users need to do is choose the type of asset, investment method, and investment duration.
What is the new Program BINANCE SUPER EARN?
Binance Super Earn is offering users a new opportunity to earn special Annual Percentage Rate (APR) rewards on specific newly listed tokens. The Super Earn program aims to enhance user earnings by providing higher APR rewards and supporting the growth and visibility of new projects. Each limited-time offer is fully sponsored by the respective token project to reward users holding these new tokens on Binance.
Super Earn presents a significant chance to further compensate consumers, particularly those who own BNB. Expanding upon existing earning alternatives like as Megadrop, HODLer Airdrop, and Launchpool, Super Earn provides users with a another means of optimizing their profits. Users may participate in a variety of airdrops by subscribing their BNB to Earn. After receiving tokens, they can utilize Super Earn to get more APR.
Super Earnâs Remarkable Success
Binanceâs Super Earn program was designed to provide users with a unique opportunity to earn a Special Annual Percentage Rate (APR) on newly listed tokens. By subscribing to Simple Earn Locked Products, users could lock their tokens for a specific period and receive daily rewards. The elevated APRs, which are sponsored by the respective token projects, have proven to be an irresistible incentive for both new and experienced users on the platform.
Toncoin, a decentralized Layer 1 blockchain, made its debut as the first project under the Super Earn initiative. Its inclusion in this program underscores Binanceâs commitment to supporting innovative blockchain projects while simultaneously offering its users exceptional earning opportunities. The speed with which the initial offering was fully subscribed reflects both the popularity of Toncoin and the effectiveness of Binanceâs promotional strategies.
Expanding Opportunities for Users
The new Super Earn pool for Toncoin is yet another example of Binanceâs agility in responding to market demand. By setting a user limit of 50 TON, Binance ensures that a larger number of participants can take advantage of this earning opportunity. This move aligns with Binanceâs broader strategy of fostering inclusivity within its ecosystem, allowing users from all backgrounds to grow their digital assets.
Binance has been at the forefront of introducing innovative features and programs that enhance user engagement and satisfaction. The Super Earn initiative, alongside other earning options such as Megadrop, HODLer Airdrop, and Launchpool, offers Binance users a diverse array of opportunities to maximize their returns. The success of Super Earn is a testament to the platformâs ability to adapt and thrive in a highly competitive industry.
Toncoinâs Growing Prominence
Toncoinâs selection as the debut project for Binance Super Earn has undoubtedly contributed to its growing prominence within the cryptocurrency community. As the 56th project listed on Binance Launchpool, Toncoin benefits from increased visibility and user engagement on the platform. This exposure is crucial for emerging projects seeking to establish themselves in a crowded market.
The rapid subscription of the initial Super Earn offering for Toncoin is indicative of the strong interest in this blockchain project. With the launch of the new pool, Toncoin users have another chance to lock their tokens and earn elevated APR rewards, further solidifying the tokenâs position within the Binance ecosystem.
In conclusion
Toncoin (TON) is number 56 in the Launchpool, and as part of the partnership, allows Binance users to farm TON tokens by staking their BNB and FDUSD between 15th August and 3rd September 2024.
In total, 7.65 million TON tokens are up for grabs as prizes, and users will also enjoy high APR incentives going either by the Launchpool or Binance's Super Earn Program. The staking process is super easy and comes with such advantages as hourly rewards updates and a different number of stakes one can participate in.
