November Binance Launchpool New Airdrop: BNB Mining Strategy, How to Calculate Earnings?
After a long hiatus of six months, Binance Launchpool is finally back! The new project for November is Kite (KITE), with ample resources available. By locking BNB, FDUSD, and USDC, you can receive airdrops for free with zero additional fees, and we'll guide you step by step on how to participate.
First, understand Launchpool: This is Binance's new token distribution platform, centered around 'lock assets to receive tokens for free'—you lock BNB/FDUSD/USDC, and the platform rewards you with KITE based on the proportion of your holdings. The locked assets still retain the rights of BNB holdings (such as Launchpad eligibility), and you can unlock them anytime during the event without penalties.
Key Information Quick Reference
- Participation Time: November 1st, 08:00 (UTC+8) starts
- Participation Threshold: Complete KYC, support for Launchpool regions; no strict minimum lockup, it is recommended to lock at least 0.1 BNB or an equivalent stablecoin
- Steps to Participate: In the App, click 'Earn Tokens' - 'Launchpool' / On the official website, click 'More' - 'Launchpool', find the 'Kite (KITE)' project, and lock the corresponding assets
How to Calculate Earnings?
Rewards are calculated based on 'your lockup ratio × total pool rewards'. For example: if the total KITE rewards are 100 million (BNB pool accounts for 80%, FDUSD/USDC pools each account for 10%), and you lock 1000 USDT in the USDC pool, with a total pool of 100 million USDT, your ratio is 0.001%, corresponding to receiving 100 KITE (accumulated over 2 days).
Historical project APYs can reach 50%-200% (annualized), but in the short term, the number of participants and total lockup amount can fluctuate significantly. Early participation and reasonable allocation of lockup amounts are more prudent. Follow @交易洋 for crypto airdrop and TGE information to grasp the key points, avoiding detours, making it easier for you to access information!