Binance is about to list Catizen (CATI) on exchange and also adds CATI to its Launchpool as a 59th Launchpool Project. Catizen is a fun, cat-themed gaming bot that works on the Telegram mini-app platform. Binance will be the first to list the CATI token, and trading will begin on September 20, 2024, at 10:00 AM (UTC).
From September 16, 2024, at 10:00 AM (UTC), Binance users can earn CATI tokens by locking their BNB or FDUSD. This farming process will last for four days, and users will receive CATI tokens as rewards for locking their assets.
Once trading opens on September 20, we can trade CATI using different currencies. The available pairs are CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY. This gives users different ways to trade the new token.
By being the first to offer CATI, Binance keeps users engaged and increases liquidity. This move also helps Binance expand its token options and increase community participation.
CATI Launchpool Details:
The Catizen (CATI) tokenomics has a total supply of 1 billion CATI, with a maximum supply capped at the same amount. For its launchpool rewards, 90 million CATI, or 9% of the total supply, has been allocated. At its initial listing on Binance, approximately 305 million CATI, which is around 30.5% of the total supply, will be in circulation.
The token operates on the Ton Network. Participation in the launchpool requires to hold to specific terms, including Know Your Customer (KYC) verification. Users will have an hourly hard cap of 79,687 CATI in the BNB pool and 14,062 CATI in the FDUSD pool.
Supported Pools:
- Lock BNB (webpage will be available in around 24 hours): 76,500,000 CATI in rewards (85%)
- Lock FDUSD (webpage will be available in around 24 hours): 13,500,000 CATI in rewards (15%)
- Farming Period: 2024-09-16 00:00 (UTC) to 2024-09-19 23:59 (UTC).
Eventually Binance has announced two exciting projects on its Launchpool platform. One of them is Hamster Kombat (HMSTR), the 58th project on Launchpool. Users can stake BNB and FDUSD to farm HMSTR tokens starting on September 19, 2024. A total of 3 billion tokens, 3% of the 100 billion supply, will be distributed. Trading will begin on September 26, with pairs including HMSTR/USDT, HMSTR/BNB, HMSTR/FDUSD, and HMSTR/TRY.
The CATI token is generating major interest in the crypto world due to its innovative features, although some remain cautious and are waiting to see if the token will prove its worth. The crypto community is eager to see how CATI performs in terms of practical use, adoption, and technological advancements.
