Home > Blog > Introducing DODO (DODO) on Binance Launchpool 2021 - Farm DODO By Staking BNB, BETH & BUSD Tokens!

Introducing DODO (DODO) on Binance Launchpool 2021 - Farm DODO By Staking BNB, BETH & BUSD Tokens!

Introducing DODO (DODO) on Binance Launchpool 2021 - Farm DODO By Staking BNB, BETH & BUSD Tokens!

Hello Binancians,

Binance - Cryptocurrency Exchange is excited to announce the 17th project on Binance Launchpool - DODO (DODO), an open, accessible, and capital-efficient decentralized exchange platform.

Crypto traders will be able to stake their BNB, BETH, and BUSD into particular pools to farm DODO tokens over 14 days, with farming starting from 2021-02-19 00:00 AM (UTC).

Binance will then list DODO into the innovation zone at 2021-02-19 10:00 AM (UTC) and open trading with DODO/BTC, DODO/BUSD, and DODO/USDT trading pairs.

DODO Launchpool Details:

Token Name: DODO (DODO)

Total Token Supply: 1,000,000,000 DODO

Launchpool Token Rewards: 1,069,518 DODO

Current Circulating Supply: 140,000,000 DODO

Smart Contract Address: DODO (ERC-20)

Staking Terms: No upper limit. No KYC required

Supported Pools:

Stake BNB: 641,710.8 DODO in rewards (60%)

Stake BETH: 320,855.4 DODO in rewards (30%)

Stake BUSD: 106,951.8 DODO in rewards (10%)

Farming Period: 2021-02-19 00:00 AM (UTC) to 2021-03-04 23:59 (UTC).

DODO Farming Distribution

Dates (00:00:00 - 23:59:59 UTC each day) Total Daily Rewards (DODO) BNB Pool Daily Rewards (DODO) BETH Pool Daily Rewards (DODO) BUSD Pool Daily Rewards (DODO)
2021-02-19 320,855 192,513 96,257 32,086
2021-02-20 - 2021-03-04 57,589 34,554 17,277 5,759

Please note Binancians:

  • Snapshots of user balances and total pool balances will be taken each hour to calculate user rewards, which will also 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.

  • Tokens can only be staked in one pool at a time. For example, User A cannot stake the same BNB into two different pools at the same time but can allocate 50% of their BNB into pool A and 50% in pool B.

  • Users will be able to unstake their funds at any time with no delay and participate in any other available pools immediately.

  • Tokens staked in each pool and also any unclaimed rewards will be automatically transferred to each user’s spot accounts at the end of each farming period.

  • BNB staked into Launchpool will still provide users with the standard benefits for holding BNB, such as airdrops, Launchpad eligibility, and VIP benefits.

    Source Link: Binance.com


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