Binance has announced the introduction of Memecoin (MEME) on Binance Launchpool as their 39th project. MEME serves as the native ecosystem token of Memeland, which is a Web3 venture studio linked to 9GAG, a widely popular platform for memes.
Starting from 2023-10-28 00:00 (UTC), users will have the opportunity to stake their BNB, TUSD, and FDUSD into distinct pools for a 30-day period to earn MEME tokens.
MEME will be listed on Binance on 2023-11-03 08:00 (UTC), with trading available through MEME/BTC, MEME/USDT, and MEME/BNB trading pairs. The Seed Tag will be applicable to MEME.
Here are the specifics of the Memecoin Launchpool:
- 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