Binance has unveiled its latest project on Binance Launchpool – Memecoin (MEME), the native token of Memeland. Memeland, a Web3 venture studio by 9GAG, a globally renowned meme platform, is set to shake up the crypto scene. The launch is expected to take place in just four hours, with the Launchpool commencing shortly afterward.

In this exciting opportunity, users can stake their BNB, TUSD, and FDUSD in separate pools to farm MEME tokens for 30 days, starting from October 28, 2023, at 00:00 (UTC).

Binance plans to list MEME on November 3, 2023, at 08:00 (UTC) and provide trading pairs like MEME/BTC, MEME/USDT, and MEME/BNB, featuring the Seed Tag for MEME.

Memecoin Launchpool Overview:

- Token Name: Memecoin (MEME)

- Total and Maximum Token Supply: 69,000,000,000 MEME

- Launchpool Token Rewards: 1,380,000,000 MEME (2.00% of total token supply)

- Initial Circulating Supply: 8,797,500,000 MEME (12.75% of total token supply)

- Smart Contract Detail: Memecoin (MEME)

- Staking Terms: KYC required

- Hourly Hard Cap per User:

- 153,333.33 MEME in BNB pool

- 19,166.67 MEME in TUSD pool

- 19,166.67 MEME in FDUSD pool

Supported Pools:

- Stake BNB (webpage will be available in around 4 hours): 1,104,000,000 MEME in rewards (80%)

- Stake TUSD (webpage will be available in around 4 hours): 138,000,000 MEME in rewards (10%)

- Stake FDUSD (webpage will be available in around 4 hours): 138,000,000 MEME in rewards (10%)

Farming Period: October 28, 2023, at 00:00 (UTC) to November 26, 2023, at 23:59 (UTC).

MEME Farming Distribution:

- Check the article for the detailed daily reward breakdown.

In addition to the staking and farming details, please note the following:

- Snapshots will be taken multiple times each hour to calculate user rewards.

- Users can accumulate and claim their rewards hourly.

- Each pool's APY and total pool balance will be updated in real time.

- Tokens can only be staked in one pool at a time.

- Users can unstake their funds at any time and participate in other available pools.

- Binance BNB Vault will support the MEME Launchpool, automatically enrolling BNB Vault users in the MEME Launchpool.

- BNB staked in Launchpool will continue to provide standard BNB benefits.

To participate in the launchpool, users must complete account verification and be from an eligible jurisdiction.

Please note that users residing in certain countries or regions may not be eligible to farm MEME. The list of excluded regions includes Belarus, Canada, Cuba, Crimea Region, Democratic Republic of Congo, Iran, New Zealand, Netherlands, North Korea, South Sudan, Syria, the United States of America, and its territories.

Stay tuned for this exciting opportunity, and get ready to farm MEME tokens.

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