Users will be able to stake their BNB and BUSD into separate pools to farm DAR tokens over 30days, with farming starting from 2021-10-29 00:00 AM (UTC).
Binance will then list DAR into the innovation zone at 2021-11-04 08:00 AM (UTC) and open trading with DAR/BTC, DAR/BNB, DAR/BUSD and DAR/USDT trading pairs.
DAR Launchpool Details:
Token Name: Mines of Dalarnia (DAR)
Maximum token supply: 800,000,000 DAR
Launchpool token rewards: 24,000,000 DAR (3% of maximum token supply)
Initial Circulating Supply: 123,200,000 DAR (15.4% of maximum token supply)
Smart Contract Address: DAR (ERC-20); DAR (BEP-20)
Farming Period: 2021-10-29 00:00 AM (UTC) to 2021-11-27 11:59 PM (UTC).
DAR Farming Distribution
Dates (00:00:00 – 23:59:59 UTC each day)
Total Daily Rewards (DAR)
BNB Pool Daily Rewards (DAR)
BUSD Pool Daily Rewards (DAR)
2021-10-29 – 2021-11-03
2,000,000
1,600,000
400,000
2021-11-04 – 2021-11-27
500,000
400,000
100,000
Read about Mines of Dalarnia (DAR) in our research report here.
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% into 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.
Project Links
Risk warning: Cryptocurrency trading is subject to high market risk. Please make your trades cautiously. You are advised that Binance is not responsible for your trading losses.
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