Binance Launches DOGS Token On Launchpool,Trading with BNB and FDUSD Starts on August 23

• Binance to list Dogs (DOGS) on August 26, 2024, after a three-day staking event with BNB and FDUSD on Launchpool.
• Stake BNB and FDUSD on Binance from August 23, 2024, to farm 22 billion DOGS, representing 4% of the total token supply.
• 516.75 billion DOGS will be listed, about 93.95% of total supply, with phased release to secondary markets after August 26, 2024.

Binance will be listing Dogs (DOGS), a new token on its Launchpool platform. DOGS, a memecoin from the Ton blockchain, originated from the Telegram community. Beginning August 23, 2024, users can stake BNB and FDUSD to farm DOGS tokens over a three-day period. 

Binance will also list the token for trading starting August 26, 2024, at 12:00 UTC. Trading pairs available for DOGS include DOGS/USDT, DOGS/BNB, DOGS/FDUSD, and DOGS/TRY.

Stake BNB and FDUSD for DOGS Farming Rewards

To participate in farming DOGS tokens, users can stake their BNB or FDUSD into separate pools. Farming begins on August 23, 2024, at 00:00 UTC, and tokens will be distributed hourly. 

Users can claim rewards directly into their Binance spot accounts during the farming period. A total of 22 billion DOGS, representing 4% of the total supply, is allocated for Launchpool rewards.

Binance will support automatic transfers of staked tokens and unclaimed rewards to spot accounts at the end of each farming period. Users can unstake their funds at any time without delay and reallocate them to other available pools immediately.

DOGS Airdrop and Initial Token Distribution

Eligible users will be able to claim DOGS tokens via airdrop. The distribution webpage will be available shortly before the farming begins. If users don’t receive their tokens by one hour before listing time, they can claim them on-chain or contact the DOGS Telegram bot for assistance.

When DOGS is listed on Binance, 516.75 billion tokens will be available, making up around 93.95% of the total token supply. It’s important to note that not all of these tokens will enter trading at once, as their release into the secondary market will happen over time. Notably, users from countries such as the U.S., Canada, and Australia, among others, are excluded from participating in this event.