So if you have a capital of about $10,000 and you want to operate it safely and within just two days, the Launchpool feature in Binance offers you an excellent opportunity. The goal of the article is to understand the feature, not to promote the token.

The method is simple:

You participate with your amount using a stablecoin like USDC, and you start gathering a new token like HUMA automatically every hour, before it is officially listed in the market.

With every dollar you put in the pool, you earn a small amount of HUMA that accumulates over time. For example, every 1 USDC gives you about 0.000154 HUMA per hour.

If you invest $10,000 (i.e., 10,000 USDC), you will gather about 1.54 HUMA every hour, or the equivalent of 36.96 HUMA in a day, and 73.92 HUMA over two days of subscription.

But the real profit depends on the price of the HUMA token when listed in the market, so if its price reaches $0.10, your profit will be about $7.39, and if it reaches $0.50, your profit may reach about $37; the final price of the HUMA token upon listing is what determines your final real profit.

Why not use BNB?

It is true that the returns on BNB may be higher, but the BNB project has some aspects that may raise Sharia concerns due to the existence of usurious activities in some parts of its system, so it is better to avoid it if you care about the Sharia aspects, and using stablecoins like USDC is a safer and more legitimate option.

Points you should know:

  • The returns are fixed as long as the number of participants in the pool does not change.

  • As the number of participants increases, the return per person decreases.

  • And if the number of participants decreases, the return increases.

  • You can withdraw your capital at any time without loss.

  • In short:

The return from HUMA during the hour may rise slightly, may remain constant, or may decrease, depending on the change in the number of participants in the pool.

Important Notice:

I have not researched the HUMA project from a Sharia perspective; it may be halal or haram, and the goal of this post is only to clarify the Launchpool feature and how you can benefit from it if you have capital set aside.

However, if your capital is small or uninvested, this method may not be suitable for you and may not yield profits of real value.

The ruling on the Launchpool feature may be permissible under two conditions: that the balance used for the reservation comes from a stablecoin free of restrictions like USDC, and more importantly, that the project of the token being distributed is a permissible project that does not contradict the Sharia guidelines.

And thus, I have summarized the Launchpool completely, thank God.