Binance, the leading cryptocurrency exchange, has unveiled the token economics for its upcoming Catizen (CATI) token launch. The total supply of CATI tokens will be capped at 1 billion, with 30.5% of the total supply initially circulating in the market.
To facilitate the distribution of CATI tokens, Binance is launching a dedicated Launchpool. This platform will allocate 9% of the maximum supply of CATI tokens to users who stake their BNB or FDUSD holdings.
The BNB pool will offer a total reward of 76,500,000 CATI tokens, constituting 85% of the total rewards available in the Launchpool. Conversely, the FDUSD pool will distribute 13,500,000 CATI tokens, representing 15% of the total rewards.
This tokenomics structure provides an opportunity for users to earn CATI tokens by participating in the Launchpool and staking their BNB or FDUSD holdings. The allocation of rewards between the BNB and FDUSD pools reflects the varying levels of interest and participation expected from users of these two assets.
