Binance Launchpool just got a new player: $DOGS. The community’s electric and this move could shake things up for token holders big time.
DOGS Binance Telegram dropped the bombshell that $DOGS is coming out and able to stake.
Here’s what else you should know.
Key Details on DOGS Binance Announcement
Binance users can start farming $DOGS tokens by staking their BNB or FDUSD starting from August 23. The farming period is a short yet rewarding opportunity, running for three days, allowing participants to earn a share of the 22 billion $DOGS tokens available. This represents 4% of the total token supply, at 550 billion $DOGS.
- Farming Start Date: August 23, 2024, at 00:00 (UTC)
- Farming End Date: August 25, 2024, at 23:59 (UTC)
- Staking Options: BNB or FDUSD for $DOGS rewards
August 26, 2024. $DOGS are officially listed on Binance with pairs like DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY. Nearly 94% of its total supply—516.75 billion $DOGS—hits the floor. This is no small move.
This is the guy, that faded $Dogs pic.twitter.com/RRhHzeMgz9
— SOG🪀₿ (@sogcreate_) August 20, 2024
Binance has sweetened the pot by allowing users to deposit $DOGS tokens and score over 20,000 in return. But there’s a catch—KYC verification is required. The deposit options are live in the app, so get verified and grab your tokens.
Registration is required for new users of Binance to take advantage of the $DOGS deposit and staking opportunities.
The Binance ecosystem has been on a tear this year, even outperforming Solana, a smart contract platform that has overtaken Ethereum in many metrics.
The $DOGS token’s journey on Binance Launchpool is just beginning, and the community is optimistic about what lies ahead. Stay tuned for more updates and opportunities to engage with $DOGS in the evolving cryptocurrency landscape.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.