Participating in Launchpool can be a better choice than trading futures for several reasons:
- *Lower Risk*: Launchpool allows you to stake assets you already own to earn new tokens for free, thus reducing financial risk.
- *Passive Income*: You can earn profit by staking assets you already own without needing to engage in risky buy-sell transactions.
- *Access to New Projects*: Launchpool provides an opportunity to get involved in new and innovative blockchain projects with significant growth potential.
However, it is important to remember that every investment carries risks and potential returns that vary. Launchpool also has some aspects that need to be considered:
- *Farming Period*: The tokens earned may have a specified farming period, so you need to understand the duration and applicable terms.
- *Liquidity*: The tokens earned may have limited liquidity, so this needs to be considered before making an investment.
In Binance Launchpool, you can stake tokens such as BNB or BUSD to earn new tokens. The process is relatively easy and transparent, with rewards calculated hourly during the staking period. Some projects that have successfully launched through Launchpool include Bella Protocol (BEL) and Alpha Finance Lab (ALPHA).¹