Binance has announced the 26th project on Binance Launchpool – Santos FC Fan Token (SANTOS), a Binance Fan Token for Santos FC that sits on top of Binance Smart Chain.

Users will be able to stake BNB and BUSD into separate pools to farm SANTOS for 30 days, with farming starting at 07:00 on 11/27. The exchange will list SANTOS in the Innovation Zone at 18:00 on December 1 (Vietnam time).

What is Santos FC Fan Token?

Santos FC Fan Token is a BEP-20 utility token designed to revolutionize the fan experience for all Santos FC supporters. The token allows Santos FC fans to participate in Brazilian team polls, hunt for digital collectibles, purchase NFTs and enjoy game features tied to fan rewards or great experiences.

SANTOS holders have the right to participate in voting sessions related to fan interaction on the Binance Fan Token platform.

The SANTOS token has the following functions:

Interactive: SANTOS holders have the right to participate in voting sessions related to fan interactions on the Binance Fan Token platform.

Loyalty registration: Owners will be able to use SANTOS tokens to sign up for fan rewards, digital collectibles, loyalty points, etc.

Ecommerce: The SANTOS token can be integrated into Santos FC’s potential future e-commerce ecosystem and used as payment for merchandise, match day tickets, memberships etc using Binance Pay.

Benefit: Owners can get once-in-a-lifetime benefits by interacting with Santos FC on the Binance Fan Token platform, including signed merchandise, meet and greet with a soccer player or legend, have a one-to-one phone call with team members, etc.

Game: Owners will be able to access many gaming features on the Binance Fan Token platform.

Contribute: Owners will be able to donate directly to their favorite group and receive a proof of loyalty badge.

SANTOS Launchpool:

• Token Name: Santos FC Fan Token (SANTOS)
• Total Supply: 30,000,000 SANTOS
• Binance Launchpool: 1,500,000 SANTOS (5% of total supply)
• Initial issue supply: 4,550,000 SANTOS (15.17% of total supply)
• Smart Contract: SANTOS (BEP-20)

Token Allocation

Pool support

BNB: 1,200,000 SANTOS (80%)

BUSD: 300,000 SANTOS (20%)

Farm time: 07:00 AM on November 27, 2021 to 06:59 AM on December 26, 2021.

Note: Only one pool can be staking at a time. Example: User A cannot staking the same BNB into two different pools at the same time, but can allocate 50% of their BNB to pool A and 50% to pool B.

If you don’t have a Binance account, sign up here.

Qin Shi Huang

According to AZCoin News

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