Fellow Binancians,
Binance is excited to announce the 56th project on Binance Launchpool - Toncoin (TON), a decentralized and open L1 blockchain. The webpage is estimated to be available in 24 hours, before the Launchpool starts.
Users will be able to stake their BNB and FDUSD into separate pools to farm TON tokens over twenty days, with farming starting from 2024-08-15 00:00 (UTC).
Binance is also excited to announce Binance Super Earn, a new way for users to earn a Special APR with selected newly listed tokens right after listing. Users can lock TON in Simple Earn Locked Products to enjoy the Special APR.
TON Launchpool Details:
Token Name: Toncoin (TON)
Current Total Token Supply: 5,110,422,426 TON
Launchpool Token Rewards: 7,650,000 TON
Toncoin Network Explorer: tonviewer.com, tonscan.org, tonscan.com
Staking Terms: KYC required
Supported Pools:
Stake BNB (webpage will be available in around 24 hours): 6,502,500 TON in rewards (85%)
Stake FDUSD (webpage will be available in around 24 hours): 1,147,500 TON in rewards (15%)
Farming Period: 2024-08-15 00:00 (UTC) to 2024-09-03 23:59 (UTC).
TON Farming Accumulation
Read about Toncoin (TON) in our research report here, which will be available within 24 hours of publishing this announcement.
TON Super Earn:
There will be a separate announcement when TON Super Earn opens. Stay tuned to subscribe your TON on Simple Earn Locked Products to earn the Special APR rewards:
* The APR and DPR are limited-time offers fully sponsored by the respective token project to Binance, with the express purpose of facilitating promotional activities. They are available for a limited time only during the promotion period and until the allocated amount is fully subscribed. Refer to the Super Earn FAQ for more information.
Explore the world of Binance Earn with newly listed tokens!
Project Links
Please note:
Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour.
Users will be able to accumulate their rewards (calculated each hour) and claim these rewards 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 staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time, but can allocate 50% of their BNB into pool A and 50% into pool B.
Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.
Tokens staked in each pool and any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.
Binance BNB Vault and Locked Products will support the Launchpool. Users who have staked their BNB in BNB Vault and Locked Products will automatically participate in the Launchpool, and receive new token rewards.
If there are more than one Launchpool projects running concurrently, users' BNB assets in BNB Vault and Locked Products will be split and allocated into each project equally unless otherwise specified.
BNB Vault assets collateralizing against Binance Loans (Flexible Rate) are not entitled to Launchpool rewards.
Staked Lista BNB (slisBNB) in Binance Web3 MPC Wallet will be supported in Launchpool reward calculation.
BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility, and VIP benefits.
For users with running Spot Copy Trading portfolios, pairs can be included by enabling them in the [Personal Pair Preference] section of the Spot Copy Trading settings.
The Special APR refers to the APR rewards for Super Earn Products. As such, Binance reserves the right to adjust the Super Earn Special APRs at any time during the Promotion Period in accordance with the Binance Simple Earn Terms & Conditions.
The high APR and DPR offered through the "Super Earn" product is a limited-time opportunity fully made possible by the provision of tokens from the respective token projects. These high APR and DPR are available for a limited time only during the promotion period until the allocated amount is fully subscribed and are subject to change. APR and DPR refer to cryptocurrency rewards in the Deposit Currency and do not represent actual or predicted returns in fiat or other cryptocurrencies. Please note that the provision of these high DPRs is not an endorsement of the projects involved, nor is it intended to serve as financial advice. Although the APR is annualized, the Super Earn offer is not available for a full year.
Please note that the list of excluded countries provided below is not exhaustive and may be subject to changes due to evolving local rules, regulations, or other considerations. Users need to complete their account verification and also be from an eligible jurisdiction to participate in farming TON.
Currently, users residing in the following countries or regions will not be able to participate in farming TON: Australia, Canada, Cuba, Crimea Region, Iran, Japan, New Zealand, Netherlands, North Korea, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any non-government controlled areas of Ukraine.
This list is non-exhaustive and may be updated periodically to accommodate changes in legal, regulatory, or other factors.
Note: There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-08-13
Note: This announcement was updated on 2024-08-13 to update that Staked Lista BNB (slisBNB) in Binance Web3 MPC Wallet will be supported in Launchpool reward calculation.
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
Find us on
Binance reserves the right in its sole discretion to amend or cancel this announcement at any time and for any reasons without prior notice.
Disclaimer: In compliance with MiCA requirements, from 2024-06-30, unauthorized stablecoins are subject to certain restrictions for EEA users. For more information, please click here.
Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.
