Catizen (CATI) Launches on Binance

Catizen (CATI) Launches on Binance

By Jakub Lazurek

17 Sep 2024 (3 months ago)

5 min read

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Catizen (CATI) is launching on Binance, offering users a chance to farm tokens by locking BNB and FDUSD ahead of its trading debut on September 20.

Introduction to Catizen (CATI)

Catizen (CATI), the latest project to launch on Binance Launchpool, is making waves in the crypto community with its unique blend of a cat-themed gaming bot built on the Telegram mini-app platform. With the token set to go live on Binance on September 20, 2024, CATI is poised to attract the attention of investors and gamers alike.

The project is being rolled out as part of Binance's 59th Launchpool initiative, where users can lock their BNB and FDUSD tokens to farm CATI over a four-day period, starting from September 16, 2024. With a total supply of 1 billion CATI tokens, the project is expected to gain significant traction, especially given its connection to the popular Telegram platform and the ongoing growth of gaming bots.

How to Participate in the Catizen Airdrop

The CATI token will be available for users who participate in the Binance Launchpool. Here’s a breakdown of how you can get involved and farm CATI:

  1. Lock BNB or FDUSD: Starting from September 16, 2024, users can lock their BNB or FDUSD tokens in the dedicated pools to earn CATI. The farming period will last until September 19, 2024.

  2. Earn CATI Tokens: Users will receive rewards in the form of CATI tokens, distributed proportionally based on the number of BNB or FDUSD they lock into the pool. The accumulated rewards can be claimed directly to your Binance Spot Account at any time during the farming period.

  3. Check Supported Pools: There are two pools available—one for BNB and one for FDUSD. The BNB pool has 76.5 million CATI allocated for rewards, while the FDUSD pool offers 13.5 million CATI.

Additionally, users can monitor their hourly average balances and check the annual percentage yield (APY) for each pool in real-time on Binance’s platform. Binance will also provide updates on each pool's total balance throughout the farming period.

CATI Token Details

Catizen (CATI) comes with a total supply of 1,000,000,000 CATI tokens, with 90 million CATI allocated for the Launchpool rewards. The initial circulating supply of CATI when listed on Binance will be 305 million tokens, representing 30.5% of the total supply.

Key Features of CATI:

  • Blockchain Network: CATI operates on the Ton Network, ensuring scalability and efficiency for the project.

  • Farming Rewards: Users can farm 22.5 million CATI per day across both pools during the farming period.

  • Listing on Binance: After the farming period concludes, Binance will officially list the token for trading on September 20, 2024, with trading pairs including CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.

The smart contract for the CATI token will be live on the Ton Network, ensuring transparency and security. Additionally, Binance users will need to complete KYC (Know Your Customer) verification to participate in the airdrop and farming processes.

Key Dates and Timeline

Here are the important dates for CATI’s launch on Binance:

  • Farming Period: From September 16, 2024, to September 19, 2024, users can lock BNB and FDUSD to farm CATI.

  • Token Listing: CATI will be officially listed on Binance at 10:00 UTC on September 20, 2024.

  • Trading Pairs: The token will be available for trading with USDT, BNB, FDUSD, and TRY.

Farming Pools and Rewards

To incentivize early participation, Binance Launchpool has set specific limits and rewards for each farming pool. The BNB pool offers the lion’s share of rewards, with 76.5 million CATI available, making up 85% of the total reward pool. The FDUSD pool has 13.5 million CATI available, comprising 15% of the total reward pool.

Participants can earn CATI tokens daily based on their locked amount in each pool. The daily rewards breakdown is as follows:

  • Total Daily Rewards: 22,500,000 CATI

  • BNB Pool Daily Rewards: 19,125,000 CATI

  • FDUSD Pool Daily Rewards: 3,375,000 CATI

Trading and Token Utility

Once listed, CATI tokens will be available for trading on Binance. The project will apply the seed tag to the CATI token, indicating its initial launch and potential for growth. CATI is expected to play a crucial role within the Catizen ecosystem, where it will be used for transactions, in-game purchases, and as a governance token.

Additionally, Catizen is built on the Telegram mini-app platform, leveraging the immense user base of Telegram to promote its gaming bot. With Telegram’s continued growth in the crypto space, CATI’s launch could be a game-changer for social gaming on the platform.

Participation Rules and Restrictions

While the CATI airdrop is open to many users globally, certain regions are restricted from participating. These include countries like the United States, Canada, and Japan, among others. Binance reserves the right to update the list of restricted countries based on evolving local regulations.

Users who participate in the CATI farming process must ensure that they are in an eligible region, complete KYC verification, and follow all Binance Launchpool terms. Those who lock their tokens in multiple Launchpool offers should be aware that tokens can only be locked in one pool at a time.

Conclusion

The launch of Catizen (CATI) on Binance Launchpool presents an exciting opportunity for users to participate in a unique gaming and crypto project. With a straightforward farming process, robust rewards, and a promising launch on September 20, 2024, CATI is set to make its mark in the growing field of Telegram-based gaming and decentralized finance.

Don’t miss out on the chance to be part of the CATI launch, where you can farm tokens, participate in airdrops, and explore the future of gaming bots on the Ton Network. Make sure to mark your calendars for the upcoming farming period and the token’s official listing on Binance.

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