Binance Selected Toncoin as its 56th Launchpool Project, Announces Binance Super Earn Feature

Binance, the giant crypto exchange, has launched Toncoin (TON) as its 56th Launchpool project. Users will have the opportunity to stake their BNB and FDUSD in

Cryptocurrency exchange Binance has selected Toncoin (TON) for its 56th Launchpool project. Users will be able to stake their BNB and FDUSD in separate pools to farm TON tokens for 20 days, starting at 03:00 on 08/15/2024. Binance is also launching a new feature called Binance Super Earn, which will allow users to earn a special annual percentage rate (APR) with certain newly listed tokens immediately after listing. Users can lock TON to Simple Earn Locked Products to enjoy Special APR.

Here’s the full announcement from Binance:

Binance is excited to announce the 56th project of Toncoin (TON), a decentralized and open L1 Blockchain, on Binance Launchpool. It is estimated that the webpage will be available within 24 hours before Launchpool launches. Users will be able to stake their BNB and FDUSD in separate pools for farming TON tokens for twenty days, starting at 03:00 on 08/15/2024.

Binance is also excited to announce Binance Super Earn, a new way for users to earn Special APR with certain newly listed tokens immediately after listing. Users can lock TON to Simple Earn Locked Products to enjoy Special APR.

Introducing Toncoin $TON on #Binance Launchpool and Super Earn!

Lock your tokens and earn Special APR rewards.

Find out more ? https://t.co/Y8vHwg2HYA pic.twitter.com/8fObQFMX16

Binance to Delist 6 Tokens

As reported by Kriptokoin.com, Binance has announced plans to delist PowerPool (CVP), Ellipsis (EPX), ForTube (FOR), Loom Network (LOOM), Reef (REEF), and VGX Token (VGX). The exchange will be delisting these tokens on August 26. The exchange said the tokens either “no longer meet its standards or that the industry environment has changed.”

PowerPool responded to the delisting, calling the decision “completely unexpected.” The team also claims that Binance “did not provide any information about CVP’s delisting.” Thus, PowerPool highlighted its efforts to expand its reach and user adoption.

The protocol said it provided detailed reports to the Binance post-listing team after the exchange sought to learn about PowerPool’s activities. However, the exchange did not provide any feedback on the same and announced the removal of the CVP token from its platform. The protocol sought the help of the digital asset industry to raise its voice against Binance. It also stressed that it was wrong for the exchange to delist CVP despite the token being liquid and having a significant amount of funding.

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