Binance has announced the Telegram mini-app game Catizen as the 59th project on the Binance Launchpool, allowing users to farm the gaming bot’s native token ahead of trading.
In its announcement on Sept. 13, Binance said Catizen will go live in Launchpool on September 16, 2024. This will open up CATI farming to users, who can lock their BNB (BNB) and the stablecoin First Digital USD (FDUSD), to participate in the program.
At the end of the four-day farming period, Launchpool participants will receive the CATI token airdrop.
Binance adds support for Catizen after its venture capital arm Binance Labs invested in Catizen in July.
When will CATI trading start on Binance?
The end of the farming period will also see Binance add CATI spot trading, scheduled to start on Sept. 20, 2024, at 10:00 UTC. Supported trading pairs for the cat-themed token will be CATI/USDT, CATI/BNB, CATI/FDUSD, and CATI/TRY.
Binance ‘s fifth Telegram token
The Telegram mini-program platform has experienced notable growth in recent months, with multiple breakout projects making it to market.
Despite the setback the instant messaging app received after the arrest of its founder and CEO Pavel Durov, Telegram remains one of the platforms seeing the fastest adoption of native blockchain-based projects.
Growth for the TON ecosystem has seen Binance, the world’s largest crypto exchange by trading volume, now add support for five of these projects.
Toncoin (TON), Notcoin (NOT) and Dogs (DOGS) have launched on Binance via the Launchpool. The exchange announced Telegram-based play-to-earn game Hamster Kombat as the 58th Launchpool project on Sept. 12, and has quickly followed it up with Catizen.