Binance has launched the latest Launchpool project ENA. I have previously released a video sharing Binance Launchpool's money-making strategy. This is a project that can consume at least 100,000 U. Therefore, taking advantage of the launch of the new project, this video aims to combine the Launchpool money-making logic and the ENA project practice, and specifically talk about how to seize the opportunity to obtain at least 20% of the income.
First, let's understand the income composition. Binance Launchpool's income is roughly divided into three parts:
The first part of the income comes from mining. Taking the BNB mining pool as an example, the yield is about 1.5% - 1.8%. Although it sounds small, please be sure to participate, because on the one hand, this income is OK, on the other hand, Binance's official push card clearly stated that Launchpool's income is about 2.5%, so the mining yield is an important indicator for calculating subsequent income: if it is lower than 1.5%, it means that the project has greater opportunities in the secondary market; if it is higher than 1.8%, there are fewer opportunities in the secondary market. Taking the current project ENA as an example, you can now invest 1K-100K USD according to your own needs to calculate the subsequent increase of the project.
The second part of the income comes from the increase of BNB in the first two hours of Launchpool opening. It is observed that Binance Launchpool generally chooses to officially open at 8:00 Beijing time, and BNB will increase by 2%-5% in the first two hours (that is, the interval of 6-8 o'clock). At this time, both spot and contract operations can obtain income (high-multiple contract income is not capped). Although the increase of a needle upward when Launchpool was first launched was more impressive, we are completely unable to accurately capture the correct time point, and the interval of 6-8 o'clock is more certain and more stable. It should be noted that on the one hand, the maximum increase will not exceed 5%, and on the other hand, it is necessary to enter and exit quickly, because there may be a small correction after 8 o'clock.
The third part of the income comes from the secondary market. As I just said, Binance has stated that Launchpool's return is around 2.5%. We can regard 2.5% as the standard for Binance Launchpool project returns. In the past Binance Launchpools, most projects have followed this 2.5% return standard, and there are only a handful of projects that have exceeded 2.5% (I remember only Memeland and Altlayer), so we use 2.Subtracting the mining yield from the 5% standard, we can basically predict the increase in the price of project tokens in the secondary market.
After talking about the revenue structure, let’s take a closer look at the basic situation of ENA: As a staking track project, friends who have participated in ENA staking before should have received relatively generous airdrops, but the project has now become a Binance Launchpool project, which will be huge in the short term. The chance of large-volume airdrops or huge profits is small. The current total supply of ENA tokens is 15 billion, and the initial circulation is 1.4 billion. According to the Whales Marker OTC price of 0.7 US dollars, the initial circulation of the project exceeds 1 billion US dollars. This magnitude is not bad in Binance Launchpool, and there is no huge amount in the short term. Unlocked. Although the price is unpredictable, ENA has performed well off-site, and we will continue to monitor the mining yield and other performance after the project goes online.
Next, I would like to share some specific practical experience in participating in the ENA secondary market: First of all, do not participate in FOMO within the first four hours of the opening, this time is the most involuted. Generally, two timings are recommended for participation: first, around 3 a.m. on the day of launch (April 3), when it is recommended to invest 25% of the chips; secondly, around 3 a.m. the next morning (April 4), invest another 25%. % chips. According to my observation, these two points in time often lead to sharp and sharp corrections. Secondly, the project holding period is generally three to four weeks, but as long as the target income reaches 2.5%, it can basically start running. In addition, don’t worry too much about being stuck. We can see that both ETHFi and AEVO have experienced rapid rise before the next Launchpool is opened, which also shows that they are achieving the expected return rate of 2.5%. If the project falls below the mining income, on the one hand, it is best to observe the basic market of the project, and on the other hand, just wait until the next Launchpool is opened to exit.
Finally, this issue makes it clear in terms of buying points, selling points, positions, and yields. However, the above shared content is based on my observations over the past four months and does not represent any investment advice. The crypto market risks are extremely high. Of course, for the ENA project, judging from the off-site price, the price has been quite high. We also hope that the ENA price can break 1 in this issue of Binance Launchpool.The above is the content of this issue. You are welcome to leave a message to discuss and exchange.