Cryptocurrency exchange Binance has announced Memecoin (MEME) as its 39th Launchpool project. Here are the details about the Launchpool!

Binance, one of the leading platforms in the world of cryptocurrencies, has announced that it will be adding the native ecosystem token of Memeland, a Web3 startup studio, to its Launchpool. Additionally Memeland, a Web3 startup studio for the world-renowned meme platform 9GAG, is introducing MEME as the 39th project of the Binance Launchpool.

Before we get into the Launchpool details, you first need to have a KYC approved Binance account. If you don’t have a Binance account, you can register here.

Launchpool Details and Token Supply

Users will be able to collect MEME tokens by depositing their BNB, TUSD and FDUSD into separate pools over a 30 day period starting from 28th October at 03:00 (GMT+3). Also the team has set the total MEME supply at 69 billion, and they will distribute a total of 1,380,000,000 MEME tokens on the Launchpool.

You might like: 9GAG Memeland Project Earned $10 Million Instantly!

The farming period on Launchpool will end at 02:59 (GMT+3) on November 26. MEME farming distribution will take place every day between 03:00 – 02:59. So the hourly fixed upper limits per user are as follows: 153,333.33 MEME in the BNB pool, 19,166.67 MEME in the TUSD pool, and 19,166.67 MEME in the FDUSD pool.

The rewards in the supported pools are as follows: 80% in the BNB pool, 10% in the TUSD pool, and 10% in the FDUSD pool.

Additionally Binance will list Memecoin (MEME) on November 3rd at 11:00 (GMT+3) and will give users the opportunity to trade via the MEME/BTC, MEME/USDT, and MEME/BNB trading pairs. The seed label will be applied to MEME at this stage.

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