🤑 I think I earned some $USDC by participating in an SXT/USDC launchpool.
The Binance Launchpool is a platform that allows users to lock their cryptocurrencies, such as BNB or stablecoins, to receive tokens from new projects via airdrops.
This mechanism provides a secure and efficient alternative to traditional crowdfunding while allowing users to withdraw their funds at any time.
How Launchpool Works:
- Locking Assets: Users deposit their cryptocurrencies into specific pools.
- Receiving Rewards: Tokens from new projects are distributed proportionally to the amount and duration of the locked assets.
- Flexibility: Funds can be unlocked at any time, and rewards are regularly updated.