A real example of a Launchpool on the Binance platform:
Assuming you used $45 of BNB and participated in a launch pool for a new coin like HUMA, you would end up receiving approximately 0.15 of HUMA.
🔻At first, you might expect the return to be larger, but the truth is that the amount of tokens you receive depends on several factors:
🔹️The total amount collected by all participants.
🔸️The number of people who participated.
🔹️The duration of the lock-up or deposit.
▫️For example, if a large number of people participate, the reward will be distributed among everyone, and each person will receive a small portion, even if they put in a good amount like $50.
▫️However, despite the modest return, the experience is very useful for understanding how launch pools work and how new coins are distributed.
▫️The nice thing is that you can use coins like USDC or FDUSD, and the deposit is almost risk-free because you can withdraw your funds at any time.
💠 Advice: If you want to benefit more in the future, you might consider participating with a larger amount or choosing a pool with fewer participants to increase your share of the new coin.