🔶Overview of 4 Binance Activities Differences and Participation Process
🪧I have seen Binance announcements about activities like Launchpool and Megadrop, but I didn't know the specific differences. Today, I took some time to summarize and outline their similarities and participation processes
🌟All 4 activities empower $BNB by holding and locking $BNB to earn rewards
1️⃣Launchpool
🔸Besides $BNB , you can also deposit $USDC and $FDUSD stablecoin
🔸Flexible deposits and withdrawals, rewards distributed hourly, stable earnings
🔸If you have locked BNB in fixed-term financial products, you can automatically participate in Launchpool
2️⃣HODLer Airdrops
🔸Snapshot first, retrospective airdrop rewards, mainly rewarding long-term BNB holders
3️⃣Megadrop
🔸Point system, earnings depend on the amount and duration of BNB locked
🔸You need to use the Binance wallet to complete specified project tasks
4️⃣Binance Wallet TGE
🔸You need to use BNB in your Binance wallet to subscribe to project tokens
🔸If the project token price falls below the issue price, there is a risk of loss
⬇️For specific participation processes for each activity, see the image below
