Ethereum, which was launched in 2015, is the second largest cryptocurrency by market capitalization after Bitcoin. However, unlike Bitcoin, it was not created with the intention of being digital money. The original idea of the founders of Ethereum was to create a new global and decentralized computing platform that would take the security and transparency of blockchains and extend these features to a wide range of applications.
Binance Launchpool is a platform within Binance where users can stake their cryptocurrency assets to earn new tokens from projects that are being launched. It is a way of "farming" yield, where users who provide liquidity to a token pool are rewarded with new tokens.
How it works: 1. Staking assets: Users can stake BNB (Binance Coin) and other tokens supported in the Launchpool. 2. Earning rewards: In exchange for staking their assets, users receive new tokens from the project that is being launched. 3. Duration: The staking period is variable, usually around 30 days, and rewards are provided based on the amount and duration of the stake. 4. Access to new projects: The tokens earned in the Launchpool are usually from projects that are about to be listed on Binance. 5. Claiming rewards: Once the period is over, users can claim their rewards in the form of new tokens or BNB and FDUSD.
Put your BTC in launchpoolINIT and participate for rewards completely free. Join now and earn, there are still 5 days left.