Dear Binance members,
Binance is pleased to announce the update of its Launchpool and BNB pages to facilitate users' tracking and participation in free distributions.
After the Launchpool platform has established itself as a key tool for earning new cryptocurrencies, we enhanced our offerings last year by launching Binance Megadrop and free distributions for holders. Binance now offers three different types of listings accompanied by free distributions, allowing users who stake BNB in Binance Earn products to stay constantly informed about every available opportunity.
Redesigned Launchpool page
The Launchpool page has been redesigned to improve usability and provide a more efficient experience. Users can now easily track upcoming and active free distribution projects, with a clear view of token allocation. Key updates include:
Instant notifications: Enable notifications to stay updated on the latest opportunities and free distributions.
Enhanced navigation: Track activity status and token distribution rates for each project.
Free distributions for holders: They have been integrated into the Launchpool page, where users can now view their free distributions directly.
Subscribe to Earn products: Easily subscribe to BNB products on Simple Earn to automatically participate in every Launchpool.
Overview of allocation: View allocations reserved in locked Simple Earn products and reserved products.
The new BNB page
The new BNB page offers a clear and comprehensive view of free distribution opportunities and an overview of the benefits of holding BNB on the Binance platform. Its main features include:
Overview of benefits: Learn about the benefits of holding BNB on the Binance platform, including trading fee discounts and VIP benefits.
Overview of free distribution operations: Stay informed about all ongoing free distribution opportunities and don't miss the chance to participate and increase rewards.
Previous rewards: Review the value of tokens distributed in past free distributions from previous projects to enhance the quality of your investment decisions.
Guide to Free Distribution Mechanisms on the Binance Platform
By staking BNB in Simple Earn products, users automatically qualify for a variety of free distributions across different projects on the Binance platform. This provides a simple and effective way to access free distributions while earning passive rewards.
Binance offers three different mechanisms for free distributions, each providing unique opportunities to earn rewards through holding BNB:
1. Launchpool
Users can stake BNB and other eligible tokens in the Launchpool to earn new tokens. If users are staking their BNB in Simple Earn products (locked or flexible), they automatically qualify for every Launchpool without any additional steps.
2. Megadrop
Megadrop provides users with early access to web 3 project tokens before they are listed on Binance. By staking BNB and participating in web 3 tasks, users can earn rewards in tokens.
3. Free distributions for holders
Free distributions for holders offer rewards to users who hold BNB through retroactive distributions based on their BNB balance history. Users can simply hold BNB in Simple Earn products to earn more tokens.
For more information
Four ways to earn using BNB on Binance
BNB: Understanding its use on Binance
How to get started on the Binance Launchpool
What is Binance Megadrop?
Binance launches free distributions for holders
