About Airdrop
Binance is an online exchange where users can trade cryptocurrencies. It supports the most commonly traded cryptocurrencies. Binance provides a crypto wallet for traders to store their electronic funds. The exchange also has supporting services for users to earn interest or transact using cryptocurrencies. Binance NFT is the place for all kinds of collectables from art to sports. It is designed to operate as a dual chain. This dual chain mechanism lets users give access to NFTs on Ethereum Blockchain via Binance wallet.
Binance is excited to announce the 56th project on Binance Launchpool – Toncoin (TON), a decentralized and open L1 blockchain. Users will be able to stake their BNB and FDUSD into separate pools to farm TON tokens over twenty days, with farming starting from 2024-08-15 00:00 (UTC) to grab a share of 7,650,000 $TON. Follow our simple and complete step-by-step guide to participate.
![TON X Binance Launchpool](https://freecoins24.io/wp-content/uploads/2024/08/GU3WRpXbsAA8lbX.png)
Step-by-step guide
- Register on Binance Exchange and complete your KYC.
- Visit the Toncoin (TON) on Binance Launchpool Event Page.
- Get rewards for Farming $TON:
- Stake BNB: 6,502,500 $TON in rewards (85%).
- Stake FDUSD: 1,147,500 $TON in rewards (15%).
Note:
- Farming Period: 15 August, 2024 00:00 (UTC) to 3 September, 2024 23:59 (UTC).
- The rewards will be distributed to the eligible participants on 4 September, 2024.
- Snapshots of user balances and total pool balances will be taken multiple times at any point of time each hour to get users’ hourly average balances and calculate user rewards. User rewards will be updated each hour.
- Users will be able to accumulate their rewards (calculated each hour) and claim these rewards directly to their spot accounts at any time.
- Each pool’s annual percentage yield (APY) and total pool balance will be updated in real time.