Dive into the adventure of Launchpool
Launchpool is a common concept in the world of cryptocurrencies and blockchain, referring to a mechanism for distributing tokens or cryptocurrencies fairly and securely.
How does it work?
1. Token Deposit:
Users deposit their tokens or cryptocurrencies into the launchpool.
2. Token Distribution:
New tokens are distributed among users who have deposited tokens into the pool, according to a specified distribution formula.
3. Reward: Users receive new tokens as a reward for participating in the launchpool.
Binance offers a launchpool where you can earn NIL by staking the following cryptocurrencies:
- BNB (Binance Coin): The native cryptocurrency of Binance.
- FDUSD (First Digital USD): A stablecoin pegged to the US dollar.
- USDC (USD Coin): Another popular stablecoin pegged to the US dollar.
Do you want to earn NIL?
Are you excited to dive into a Launchpool?