Binance Launchpool does not typically involve "polls" in the way one might think of a vote. Instead, Binance Launchpool allows users to earn rewards, usually in the form of new cryptocurrency tokens, by staking their existing crypto assets like BNB, FDUSD, or USDC for a specific period.

Here's a breakdown of how it generally works and the rewards involved:

How Binance Launchpool Works:

* Announcement: Binance announces a new project that will be launched on Launchpool.

* Staking Period: Users can stake their supported crypto assets (e.g., BNB, FDUSD, USDC) in designated pools for a set duration, usually a few days. The current project on Binance Launchpool, announced on April 17, 2025, is Initia (INIT), where users can stake USDC and FDUSD to farm INIT tokens until April 23, 2025. Previously, WalletConnect (WCT) was also a Launchpool project where users could stake BNB, FDUSD, and USDC.

* Reward Calculation: The amount of new tokens you earn is usually proportional to the amount of crypto you stake and the duration of your staking period. Rewards are often distributed hourly.

* Reward Distribution: Earned tokens can typically be claimed by users directly from the Launchpool page on Binance. Unclaimed rewards are usually automatically distributed to users' spot wallets after the farming period ends.

* Listing: Once the farming period concludes, the new token is usually listed on Binance for trading.

Types of Rewards:

* New Project Tokens: The primary reward is the tokens of the new project being launched. For the current Initia (INIT) Launchpool, 30,000,000 INIT tokens (3% of the total supply) are allocated as rewards. For the previous WalletConnect (WCT) Launchpool, 40,000,000 WCT tokens (4% of the total supply) were available as rewards.

* Potential Airdrops: Sometimes, additional airdrops of the new token may be conducted as part of marketing activities after the initial listing. For INIT, an additional 10,000,000 INIT is allocated for marketing activities post-listing, and another 20,000,000 INIT is reserved for future campaigns six months after launch.

* Dual Rewards: In some instances, users staking BNB in Binance's "Simple Earn" or "BNB Vault" might automatically participate in Launchpool and receive both the regular staking rewards (APR) and the new Launchpool tokens.

Key Aspects of Binance Launchpool:

* Low Risk: Participating in Launchpool by staking existing assets is generally considered a low-risk way to potentially earn new tokens, as you retain ownership of your staked assets.

* Accessibility: It provides an opportunity for Binance users to gain early access to new cryptocurrency projects before they are officially listed for trading.

* Fair Distribution: Rewards are distributed based on the amount staked, aiming for a fair distribution among participants.

* Support for New Projects: Launchpool helps new blockchain projects gain exposure and distribute their tokens to a wider audience.

Binance Launchpad vs. Launchpool:

It's worth noting the difference between Binance Launchpool and Binance Launchpad:

* Binance Launchpool: Allows users to earn new tokens by staking existing cryptocurrencies.

* Binance Launchpad: Involves the initial sale of new tokens, where users commit BNB to purchase the new tokens.

While there isn't a "poll reward" in the traditional sense on Binance Launchpool, the reward is the opportunity to earn newly issued cryptocurrency tokens by staking your existing assets. The amount of reward depends on the staked amount and the duration of staking. The latest project on Launchpool as of today, April 18, 2025, is Initia (INIT).