Subscription for the League of Kingdoms (LOKA) Token Sale on Binance Launchpad Is Now Open

2022-01-20 06:00

Fellow Binancians,

Subscription for the League of Kingdoms (LOKA) token sale on Binance Launchpad is now open and will remain open for 3 hours. Users can check their eligibility and commit their BNB to the League of Kingdoms (LOKA) token sale based on their past 8-day average BNB holdings. The BNB rate for the LOKA token sale has been set below.

Further information:

1 LOKA = 0.00033971 BNB or 0.16 USD (using a BNB price of 471 USD).
Users will have 3 hours to subscribe by committing their BNB tokens between 2022-01-20 06:00 AM (UTC) and 2022-01-20 09:00 AM (UTC). Users must also sign the LOKA Token Purchase Agreement prior to committing their BNB.
- The maximum amount of BNB that each user can commit has been calculated based on their past 8-day average BNB balance.
- Important: Only BNB in user spot wallets can be used to commit. If your BNB is in other accounts such as Launchpool or BNB Vault, you will need to redeem them to your spot wallet first before committing.
- Please note that once committed, your BNB will be locked and you will not be able to redeem or access any other functions such as transfers, withdrawals or trading until final token distribution.
After the subscription period ends at 2022-01-20 09:00 AM (UTC), the LOKA token allocation calculation will begin and will take a total of 1 hour.
The final LOKA token allocation results will be revealed at 2022-01-20 10:00 AM (UTC), at which point the respective BNB will be deducted from your already-locked BNB amount within 30 minutes. Once deducted, your LOKA and remaining BNB tokens will both be transferred to your spot wallet.
Reminder: There is a hard cap of 15,000 USD (93,750 LOKA or 31.8479 BNB) that can be allocated per user. For detailed calculation rules, click here.
The League of Kingdoms (LOKA) ERC-20 smart contract is available here.

After the subscription is complete, Binance will list League of Kingdoms (LOKA) in the innovation zone and open trading for LOKA/BTC, LOKA/USDT, LOKA/BUSD and LOKA/BNB trading pairs at 2022-01-20 12:00 PM (UTC).

Further Information:

Reminder: Users need to complete their account verification and also be from an eligible jurisdiction to participate in this token sale.

* Users from the following countries or regions will not be able to participate in token sales on the Binance Launchpad platform:

Belarus, People's Republic of China, Democratic Republic of Congo, Cuba, Iraq, Iran, North Korea, South Sudan, Sudan, Syria, United States of America and its territories (American Samoa, Guam, the Northern Mariana Islands, Puerto Rico, and the U.S. Virgin Islands), Zimbabwe.

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.

Thanks for your support!

Binance Team

2022-01-20

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Binance reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reasons without prior notice.