IMPORTANTLY. Binance will be the first platform to list the token mentioned here, and trading will begin on 09/20/2024 at 1:00 p.m. (Kyiv time). Any claims that this token will be offered for sale before the stated date are most likely false. Please do your own research to protect your funds!
This is a general announcement. The products and services mentioned here may not be available in your area.
Dear members of the Binance community!
Binance is pleased to announce the 59th project on the Binance Launchpool – Catizen (CATI), a cat-themed gaming bot built on the Telegram app platform. The webpage is expected to be available within 24 hours, prior to the start of the Launchpool.
Users will be able to lock their BNB and FDUSD to receive CATI airdrops for four days. The farm starts on September 16, 2024 at 03:00 (Kyiv time).
Listing
Binance will then list CATI on 09/20/2024 at 13:00 (Kyiv time) and open trading in CATI/USDT, CATI/BNB, CATI/FDUSD and CATI/TRY pairs. The "Seed" tag will be applied to the CATI.
Detailed information about Launchpool CATI:
Token Name: Catizen (CATI)
Total and Maximum Token Supply: 1,000,000,000 CATI
Launchpool Token Rewards: 90,000,000 CATI (9% of total token supply)
Initial circulating supply after listing on Binance: 305,000,000 CATI (~30.5% of total token supply)
Smart contract/network details: Ton network
The Launchpool Terms will apply; KYC verification is required
Hourly max. limit per user:
79,687 CATI in the BNB pool
14 062 CATI in FDUSD
Supported pools:
BNB Block (webpage will be available in about 24 hours): 76,500,000 CATI in rewards (85%)
FDUSD Block (webpage will be available in about 24 hours): 13,500,000 CATI in rewards (15%)
Farm period: from 03:00 on 09/16/2024 (Kyiv time) to 02:59 on 09/20/2024 (Kyiv time).
CATI Farm Accumulation
Read about Catizen (CATI) in our report here, which will be available within 12 hours of this announcement.
Link to the project
Please note:
Binance will support CATI airdrop distributions for eligible users who choose to receive distributions to their Binance account from the CATI airdrop distribution page (the page will be available approximately 24 hours after this announcement is published). If users request CATI airdrop but do not receive tokens to their Binance spot account at least 1 hour before listing, they should get CATI onchain or contact the team via CATI Telegram bot.
Individuals living in certain regions will not be able to participate in the airdrop distribution, including: Canada, Cuba, Crimea, Cyprus, Georgia, Iran, Ireland, Japan, Luxembourg, the Netherlands, North Korea, Syria, Great Britain, the United States of America and its territories (American Samoa, Guam, Puerto Rico, Northern Mariana Islands, US Virgin Islands), Uruguay, Uzbekistan and Venezuela. This list may be updated periodically at Binance's discretion.
Snapshots of user balances and total pool balances will be taken many times at any point in time every hour to get an hourly average user balance and calculate rewards for them. User rewards will be updated hourly.
Users will be able to accumulate their rewards (calculated hourly) and transfer them manually directly to their spot accounts at any time.
Each pool's Annual Percentage Yield (APY) and total pool balance will be updated in real-time.
Tokens can only be locked in one Launchpool offer at a time. For example, if user A has 100 BNB, such user cannot block 100 BNB in Launchpool A's offer and simultaneously block some or all of those BNB in Launchpool B's offer. However, User A can split their BNB into multiple Launchpool offerings. For example, user A can allocate 60 BNB to Launchpool A's offer and 40 BNB to Launchpool B's offer.
When a user blocks BNB in the BNB Earn product, tokens can only be blocked in one pool at a time. For example, user A will not be able to lock BNB in two different pools at the same time, but will be able to allocate 50% of his BNB to pool A and 50% to pool B.
Tokens can only be locked in one pool at a time. For example, user A will not be able to lock BNB in two different pools at the same time, but will be able to allocate 50% of his BNB to pool A and 50% to pool B.
Users will be able to unlock their funds at any time without delay and immediately participate in any other available Launchpools.
Tokens locked in each Launchpool and unclaimed rewards will be automatically transferred to users' spot accounts at the end of each farm period.
Users who have locked their BNB in perpetual and fixed products, including the Binance Simple Earn perpetual and fixed BNB products, will automatically participate in the Launchpool and receive new token rewards.
If there is more than one Launchpool project at the same time, users' BNB assets in perpetual and fixed products will be divided and distributed to each project equally, unless otherwise specified.
BNB Assets of Perpetual Products Backing Binance Loans (Flexible Rate) are not eligible for Launchpool Rewards.
Lista Staked BNB (slisBNB) in the Binance Web3 wallet with MPC will be supported to calculate Launchpool rewards.
BNBs locked in Launchpool will continue to provide users with standard BNB hold benefits such as airdrops and VIP benefits.
Trading bots and spot copy trading will be enabled for the above token within 24 hours of its spot listing. For users with active spot copy trading portfolios, pairs can be added by enabling them via [Pairs Personal Preferences] in the spot copy trading settings.
Binance reserves the right to disqualify and revoke rewards for participants who have engaged in unfair or abusive practices during the Launchpool, including, but not limited to, registering from the same IP address or device, bulk account registration for additional bonuses, and any other activities related to illegal, fraudulent or harmful purposes.
Participation in Launchpool depends on the user's country or region. Please see the instructions on the Launchpool page.
Please note that the list of excluded countries below is not exhaustive and may change due to changes in local rules, regulations or other considerations. Currently, users residing in the following countries or regions will not be able to participate in the CATI farm: Australia, Canada, Cuba, Crimea, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa , Guam, Puerto Rico, Northern Mariana Islands, US Virgin Islands) and any territories not controlled by the government of Ukraine.
This list may be updated periodically at Binance's discretion.
Note: There may be discrepancies in the English translation of this original article. Please refer to the original English version for the latest or most accurate information in case of inconsistencies.
Thank you for your support!
Binance Team
13.09.2024
