Dear User:
Binance Launchpool is now live with the 56th project - Toncoin (TON), a decentralized, open L1 blockchain.
Users can invest BNB and FDUSD into the TON mining pool on the Launchpool website after 08:00 (GMT+8) on August 15, 2024 to receive TON rewards. TON can be mined for a total of 20 days. The website is expected to be updated within about 24 hours of this announcement before the mining activity is launched.
Binance Earn Coin platform will launch TON Super Earn Coin. Users can subscribe to TON principal-guaranteed earning coin regular products to enjoy a limited-time special annualized rate of return.
Project Details
Token Name: Toncoin (TON)
Total supply of tokens: 5,110,422,426 TON
Total mining volume: 7,650,000 TON
Research Report: Toncoin (TON) (Research report will be available within 24 hours of this announcement)
TON Browser: tonviewer.com, tonscan.org, tonscan.com
Restrictions: KYC required
Individual hourly mining hard cap
BNB mining pool: 1,354.68 TON
FDUSD mining pool: 239.06 TON
Mining Pools:
BNB Mining Pool (the website will be updated within 24 hours of this announcement and before the mining activity is launched): A total of 6,502,500 TON can be mined (accounting for 85%)
FDUSD Mining Pool (the website will be updated within 24 hours of this announcement and before the mining activity is launched): A total of 1,147,500 TON can be mined (accounting for 15%)
Mining time: 08:00 on August 15, 2024 (GMT+8) to 07:59 on September 4, 2024 (GMT+8)
Mining quota phase allocation
Note: The above table uses UTC time every day, which is converted into GMT+8 time from 08:00:00 am on the same day to 07:59:59 am the next day.
TON Super Earning Coin:
TON Super Earn Coin will be announced separately when it is available. Subscribe to TON Earn Coin regular products to obtain special annualized yields:
* Annualized Rate of Return (APR) and Daily Rate of Return (DPR) limited-time events are tokens provided by the relevant projects and are only available during the event period. They will stop when the allocated amount is fully subscribed. For more information, please refer to the Super Earn Coin FAQ.
Explore Binance Finance with new tokens!
Related links
Official Website
white paper
X
Telegram
Notice:
Binance will randomly take multiple snapshots of user holdings and the total holdings of the mining pool every hour to calculate the user's average hourly holdings and calculate mining;
Users can collect mined tokens (the reward amount is updated every hour) to their spot accounts at any time;
The annualized income and total holdings data of each mining pool will be updated in real time;
Each mining pool calculates annualized returns separately. Users can flexibly allocate tokens to corresponding mining pools, but multiple mining of one coin is not supported;
Users can redeem tokens from a mining pool and transfer them to other mining pools at any time;
After all the tokens in the mining pool are mined, the assets involved in the mining and the tokens that have not yet been claimed will be automatically returned to the user's spot account;
Binance BNB Revenue Pool and BNB Regular Products will support the new coin mining in this period. The BNB in the BNB Revenue Pool and BNB Regular Products will automatically participate in the new coin mining;
When there are multiple new coin mining projects running at the same time, unless otherwise specified, the BNB in the BNB Revenue Pool and BNB Periodic Products will be evenly distributed to multiple new coin mining projects;
If BNB income pool assets are used as collateral for current loan, users will not be able to obtain new coin mining income;
Launchpool reward calculation will support staking Lista BNB (slisBNB) in Binance Web3 MPC wallet;
BNB transferred to the mining pool will still enjoy the standard BNB holding statistics, such as airdrops, Launchpad holding statistics, VIP benefits, etc.
For the currently running spot copy portfolio, users can enable new trading pairs through [Spot Copy Settings] - [Personal Trading Pair Preferences];
The limited-time special annualized rate of return refers to the annualized rate of return reward of Super Earn Coin. Binance reserves the right to adjust the annualized rate of return at its own discretion during the event without further notice. Before purchasing any product on the Earn Coin platform, please refer to the Earn Coin Platform Terms of Use;
The limited-time offer of high annualized rate of return (APR) and daily rate of return (DPR) offered through the Super Earn Coins product is a token offered by the project, available only during the offer period and will cease when the allocated amount is fully subscribed. This high APR and DPR is not guaranteed to be available long-term and may change. APR and DPR refer to the calculation of the cryptocurrency reward received in local currency units and do not represent actual or predicted returns in fiat or other cryptocurrencies. Please note: the offering of a high DPR does not constitute an endorsement of the project and does not constitute financial advice. Although the annualized rate is calculated on an annual basis, the Super Earn Coins offer may not be valid all year round. Please refer to the Binance Terms of Use and Risk Warning for more details.
Whether a user can participate in Launchpool is subject to restrictions in the country or region where they are located. Please refer to the prompts on the Launchpool page for details.
Please note that the list of restricted countries or regions below is not comprehensive and may be updated as local laws, regulations and other considerations change.
Users must complete identity verification (KYC) and are not in the following countries or regions to participate in the new coin mining.
Currently, users living in the following countries or regions cannot participate in TON new coin mining::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 and U.S. Virgin Islands), any non-government controlled areas of Ukraine.In addition to the above regions, users in Brazil, Hong Kong and the United Kingdom are also unable to participate in Super Earn Coins. The list of restricted countries or regions may be updated regularly as laws, regulations and other factors change.
Note: There may be discrepancies between the original English version and the translated version. If there are any discrepancies, please refer to the original English version for the latest or most accurate information.
Thank you for your support!
Binance Team
August 13, 2024
Note: This announcement was updated on August 13, 2024 to clarify that Launchpool reward calculation will support staking Lista BNB (slisBNB) in Binance Web3 MPC wallet.
