26th project on Binance Launchpool – Santos FC Fan Token (SANTOS).
Santos FC Fan Token (SANTOS) on Binance
Binance has now launched the 26th new coin mining project- Santos FC Fan Token (SANTOS), a Santos FC Fan Token based on Binance Smart Chain.
Users can invest BNB and BUSD into the SANTOS mining pool to receive SANTOS rewards on the Launchpad website after 08:00 on November 27, 2021 (East Eighth District Time).
SANTOS can be mined for a total of 30 days.
The Binance Innovation Zone will list Santos FC Fan Token (SANTOS) on December 1, 2021 at 19:00 (East Eighth District Time), and open the SANTOS/BTC, SANTOS/BRL, SANTOS/TRY, and SANTOS/USDT trading markets.
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SANTOS Launchpool Details:
Token name: Santos FC Fan Token (SANTOS)
Total tokens: 30,000,000 SANTOS
Initial circulation: 4,550,000 SANTOS (15.17% of total tokens)
Total mining amount: 1,500,000 SANTOS (5% of total tokens)
Research report: Santos FC Fan Token (SANTOS)
Smart contract: SANTOS ( BEP-20 )
Restrictions: No mining limit, KYC required
Supported Pools:
BNB mining pool: a total of 1,200,000 SANTOS can be mined (80%)
BUSD mining pool: a total of 300,000 SANTOS can be mined (20%)
Mining time: East 8th district time from 08:00 on November 27, 2021 to 07:59 on December 27, 2021
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SANTOS Farming Distribution
| Dates (00:00:00 – 23:59:59 UTC each day) | Total Daily Rewards (SANTOS) | BNB Pool Daily Rewards (SANTOS) | BUSD Pool Daily Rewards (SANTOS) |
|---|---|---|---|
| 2021-11-27 – 2021-11-30 | 187,500 | 150,000 | 37,500 |
| 2021-12-01 – 2021-12-26 | 28,846 | 23,077 | 5,769 |
The above table uses UTC time every day, converted to East 8th district time from 08:00:00 on the day to 07:59:59 on the next day.
Binance will take a snapshot of the user’s holdings and the total holdings of the mining pool once an hour, and calculate the mining rewards.
Users can receive the mined tokens (reward quantity updated every hour) to the spot account at any time.
The annualized income and total position data of each mining pool will be updated in real time.
Each mining pool calculates the annualized income separately, and users can flexibly allocate tokens to the corresponding mining pool, but multiple mining with one coin is not supported.
Users can redeem the tokens in a mining pool and transfer them to other mining pools at any time.
After all the tokens in the mining pool are mined, the assets participating in the mining and the tokens that have not been collected will be automatically returned to the user’s spot account.
Please check Binance official website or contact the customer support with regard to the latest information and more accurate details.
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April 24, 2024
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