Binance Launchpool Debuts Memecoin (MEME) Staking Opportunity for BNB, TUSD, FDUSD Holders

Binance Launchpool has introduced Memecoin (MEME), marking its 39th project, as a new staking opportunity for the community. Memecoin is the native ecosystem token of Memeland, a Web3 venture studio spearheaded by the globally popular meme platform 9GAG. The webpage for this new venture is estimated to be available in about 4 hours before the Launchpool commences.Starting from 28th October 2023, 00:00 (UTC), Binance patrons have the opportunity to stake their BNB, TUSD, and FDUSD in distinct pools to farm MEME tokens for a stretch of 30 days. Following this, Binance will list MEME on 3rd November 2023, 08:00 (UTC), kickstarting trading with MEME/BTC, MEME/USDT, and MEME/BNB pairs, with a Seed Tag applied to MEME.Within the Memecoin Launchpool, a total and maximum token supply of 69,000,000,000 MEME has been established. The Launchpool token rewards are set at 1,380,000,000 MEME, which comprises 2.00% of the total token supply. The initial circulating supply is outlined to be 8,797,500,000 MEME, making up 12.75% of the total token supply. A specific hourly hard cap per user has been allocated for each pool: 153,333.33 MEME for the BNB pool, and 19,166.67 MEME for both the TUSD and FDUSD pools.In terms of staking, KYC is mandated for all participating users. Through staking in the Memecoin Launchpool, users not only delve into the humor-centric universe of Memeland but also stand a chance to earn from the MEME token farming.