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Home BREAKING NEWS

Binance Launches a Memeland $MEME Launchpool

by BlockNews.com Team
October 27, 2023
in BREAKING NEWS, BUSINESS, CRYPTO, FEATURED, FINANCE, NFT
Reading Time: 3 mins read
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  • Memecoin MEME is the native token of Memeland, a Web3 venture studio by 9GAG with a total supply of 69 billion tokens
  • Users can farm MEME tokens by staking BNB, TUSD, and FDUSD on Binance Launchpool from Oct 28 to Nov 26, 2023 with 1.38 billion MEME in rewards
  • MEME will be listed on Binance on Nov 3, 2023 with MEME/BTC, MEME/USDT, and MEME/BNB trading pairs after the farming period ends

Binance is excited to announce the 39th project on Binance Launchpool – Memecoin MEME, the native ecosystem token of Memeland. Memeland is the Web3 venture studio by 9GAG, the globally popular meme platform.

What is Memecoin MEME?

Memecoin MEME is the native token of Memeland, a Web3 venture studio by 9GAG. The total and maximum token supply is 69,000,000,000 MEME.

Launchpool Details

  • Token Rewards: 1,380,000,000 MEME (20% of total token supply)
  • Initial Circulating Supply: 8,797,500,000 MEME (12.75% of total token supply)
  • Staking Pools:
    • BNB: 1,104,000,000 MEME in rewards (80%)
    • TUSD: 138,000,000 MEME in rewards (10%)
    • FDUSD: 138,000,000 MEME in rewards (10%)
  • Farming Period: Oct 28, 2023 – Nov 26, 2023
  • Hourly rewards with no lock-up period
  • KYC required to participate

How to Farm MEME

Users will be able to stake their BNB, TUSD, and FDUSD into separate pools to farm MEME tokens over 30 days. Farming starts on Oct 28, 2023.

🚨 NEWS: #Binance announced a @Memeland $MEME Launchpool.

You can now farm $MEME with #BNB , $TUSD and $FDUSD pic.twitter.com/DiGQaofZiB

— BlockNews.com (@blocknewsdotcom) October 27, 2023

Listing on Binance

Binance will list MEME on Nov 3, 2023 with MEME/BTC, MEME/USDT, and MEME/BNB trading pairs. The Seed tag will be applied to MEME.

Conclusion

The launchpool allows BNB, TUSD, and FDUSD holders to earn MEME, the native token of Memeland. Memeland aims to build a Web3 ecosystem for memes and internet culture.

Tags: cryptoMemecoinmemelandNFTWeb3
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