#币安LaunchpoolINIT
I found that there are still people who don't know how to use Launchpool
Let me share how I participate
BNB pool:
I plan to hold my BNB long-term, and when I don't use it, I put it in wealth management for a savings interest. The interest isn't high, but it adds up over time.
The biggest advantage is that when there are Launchpool activities, it automatically counts your BNB position participating in the activities. Sometimes I don't even notice there is an event and still receive coins unexpectedly. 😁
FDUSD pool:
I rarely use this coin, and recently there was a spike, so I only hold a small amount. I usually keep it in a savings account, but when there are Launchpool activities, I will withdraw it, lock it up to earn coins, and it will automatically return after the event ends.
USDC pool:
This coin has recently been placed in the contract account because of a contract fee waiver event until June. However, because its savings interest is quite high, I maintain about an 80-20 ratio: 80% in contracts and 20% in savings to earn interest. When there are Launchpool activities, I will withdraw for mining and lock it up. This time, the return is about 7%, so I can only lock up 10% of USDC, leaving the other 10% in savings to earn interest.
It is important to note that only BNB automatically participates in Launchpool activities within wealth management; others need to be withdrawn and locked up to count.
Sometimes, if you have too little BNB, it's okay. Transfer your BNB balance to spot trading, then enable automatic subscription in wealth management, so regardless of how much BNB you have, you can participate in the activities and earn interest. 👍