Binance Launchpool is a platform where users can lock their cryptocurrency assets to receive new tokens through airdrops. Here's how it works ¹:
- *How to Access Launchpool:*
- Log in to your Binance account
- Navigate to the "More" section
- Select "Launchpool"$GUN from the available options
- *Participating in Launchpool:*
- Choose a project you're interested in
- Review project details and airdrop information
- Lock your assets in the preferred token pool (BNB, FDUSD, or other available options)
- *Key Features:*
- Users can redeem locked assets at any time without penalties
- Rewards are calculated hourly and can be claimed to the Spot Wallet anytime
- Unclaimed rewards are automatically transferred to the Spot Wallet within 90 minutes after the locking period ends
- *Eligibility:*
- Users must have a verified Binance account
- Users must reside in an eligible jurisdiction (some countries are restricted)
- *Token Distribution:*
- Rewards are distributed proportionally based on the user's locked amount compared to the total pool
- The formula for hourly reward distribution is: (User's locked asset amount / Total locked assets) × (Daily Token Pool Airdrop / 24)
Some recent Launchpool projects include ²:
- *GUNZ (GUN):* An L1 blockchain ecosystem for AAA games, with 400 million GUN tokens allocated for Launchpool rewards
To participate in Launchpool$GUN ensure you meet the eligibility criteria and follow the steps outlined above. For more information and visual guides, you can refer to Binance's official website or tutorials on platforms like CoinMarketCap.#$GUN Unfortunately, I couldn't find pictures directly related to Binance Launchpool details. However, the Binance website and cryptocurrency forums often provide step-by-step guides with images to help users navigate the platform ³ ¹.#BinancelaunchpoolHuma #MarketPullback #BinanceAlphaAlert #BinanceHODLerHAEDAL