#BinanceLaunchpoolINIT
Binance 68th project of launchpool
Binance Launchpool is a platform on Binance that allows users to stake their crypto assets (like BNB, FDUSD, or TUSD) to farm new tokens for free. It's essentially a way for users to earn new project tokens before they get listed on Binance.
How It Works:
A new project is announced on Launchpool.
Binance users can stake selected tokens (e.g., BNB, FDUSD, or others) into different pools.
Rewards (new project tokens) are distributed daily based on your share of the pool.
Once the farming period ends, the new token usually gets listed on Binance, giving you the option to trade it.
Key Points:
No fees to participate.
You can unstake anytime.
It’s a great way to get early access to promising projects.
Rewards are usually higher early on.