Binance announced its 26th project on Binance Launchpool. Santos FC Fan Token (SANTOS) running on Binance Smart Chain has become the 26th project of Binance Launchpool. Users will be able to stake their BNB and BUSD in separate pools to collect SANTOS tokens for 30 days starting from 27.11. 2021. The exchange will list SANTOS on the Innovation Zone platform as of 01. 12. 2021. So what is Santos FC Fan Token (SANTOS)? Cryptocoin. com, we have compiled the details for you, let’s examine the subject together…
What is Santos FC Fan Token (SANTOS)?
Santos FC Fan Token (SANTOS) is a BEP-20 utility token designed to revolutionize the fan experience for all Santos FC fans. The cryptocurrency empowers Santos FC fans to participate in team voting surveys, hunt for digital collectibles, purchase NFT and enjoy gamification features linked to fan rewards or great experiences. SANTOS token holders are eligible to participate in fan engagement voting sessions on the Binance Fan Token platform.
- Blockchain Infrastructure: Santos FC Fan Token is issued as a native BEP-20 token on Binance Smart Chain (BSC). This provides more accessibility to Santos FC fans and provides a wide range of token functionalities at low transaction costs.
- Token Utility: Santos FC Fan Token offers a variety of fan engagement options, including limited collection and integration with Binance NFT Marketplace, interaction-based team rewards, exclusive privileges, voting rights, gamification, and exclusive brand experiences.
- Brand ID: Santos FC currently has over 6 million supporters in Brazil and a digital fan base of over 10 million on its social networks. In partnership with the Binance ecosystem, the SANTOS token is accessible to both the Santos FC fanbase and the entire Binance user base.
SANTOS Launchpool Details:
- Token Name: Santos FC Fan Token (SANTOS)
- Maximum token supply: 30,000,000 SANTOS
- Launchpool token rewards: 1.500.000 SANTOS (5% of the maximum token supply)
- Initial Circulating Supply: 4.550.000 SANTOS (15.17% of the maximum token supply)
- Smart Contract Address: SANTOS (BEP-20)
- Stake Conditions: No upper limit. KYC is required.
- Stake BNB: Reward 1, 200,000 SANTOS (80%)
- Stake BUSD: 300,000 SANTOS rewards (20%)
- Stake: Starts on 26.11. 2021.
- Farming Period: Between 21. 11. 2021 and 26. 12. 2021.