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

Users will be able to stake their BNB, BETH and BUSD into separate pools to farm DODO tokens over 14 days, with farming starting from 19.02.2021 5:30 AM (IST).

Binance will then list DODO into the innovation zone at 19.02.2021 3:30 PM(IST) 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: 19.02.2021 5:30 AM to 04.03.2021 5:29 AM (IST)

DODO Farming Distribution

Dates (5:30 AM – 5:29 AM IST each day)Total Daily Rewards (DODO)BNB Pool Daily Rewards (DODO)BETH Pool Daily Rewards (DODO)BUSD Pool Daily Rewards (DODO)
20.02.2021 – 04.03.202157,58934,55417,2775,759

Please note:

  • 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.

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