English
Tiếng Việt
1. What is Binance Launchpool?
Binance Launchpool allows users to stake tokens to receive newly launched tokens. Projects will supply a number of tokens to Binance Launchpool, and users can stake supported tokens such as BNB, TUSD, FDUSD in the pool to receive the project’s new tokens for free.
.jpg)
2. How does Binance Launchpool work?
The operation of Binance Launchpool is straightforward:
- Users need to hold tokens (BNB, TUSD, FDUSD, or other supported tokens) in their Binance wallet.
- Then, users participate in staking on Binance Launchpool. The amount of new tokens received is proportional to the number of tokens staked in the pool.
- The process of receiving new tokens occurs over a pre-set period, typically around 30 days.
- Rewards are calculated hourly, and users can accumulate and claim these rewards directly into their spot wallet.
- Users can claim their rewards anytime and withdraw their funds at any time. They can also participate in other pools on Binance.
- To join Launchpool, users only need a Binance account that has completed KYC and a minimum of 0.1 BNB or any other token allowed for the pool.
.png)
3. Top Binance Launchpool Tokens on Binance
Here are some tokens that have been launched on Binance Launchpool. From the launch time to the ATH price, they have shown significant growth: KLAY increased 4 times, SUI increased 17 times, RDNT increased 49 times, and ALPHA increased 146 times. However, some projects did not perform as expected, so careful consideration is needed before investing.
| Project | Listing price | ATH price | Growth (%) | Current price |
|---|---|---|---|---|
| Klaytn (KLAY) | 0.8974$ | 4.3824$ | 395% | 0.2177$ |
| Sui (SUI) | 0.1$ | 1.7175$ | 1600% | 0.5919$ |
| Sei (SEI) | 0.064$ | 0.275$ | 320% | 0.2006$ |
| Galxe (GAL) | 1.5$ | 18.25$ | 1129% | 1.373$ |
| Radiant Capital (RDNT) | 0.01$ | 0.4952$ | 2100% | 0.2397$ |
| Hashflow (HFT) | 0.15$ | 2.5809$ | 1580% | 0.3292$ |
| Stella (ALPHA) | 0.02$ | 2.924$ | 12769% | 0.0927$ |
| Memecoin (MEME) | 0.001$ | 0.0401$ | 3830% | 0.02806$ |
| Neutron (NTRN) | 0.2862$ | 0.5840$ | 102% | 0.4912$ |
| CyberConnect (CYBER) | 1.440$ | 16.2$ | 985% | 6.25$ |
| Pendle (PENDLE) | 0.7796$ | 3.8288$ | 376% | 1.07$ |
| Maverick (MAV) | 0.05$ | 0.780$ | 1290% | 0.2902$ |
3.1. Hashflow (HFT)
Hashflow is a decentralized exchange (DEX) that enables users to trade assets across any chain in seconds by connecting their wallet. Hashflow allows users to trade without slippage and with full MEV protection.
Hashflow provides cross-chain swap functionality without using a bridge, enabling seamless trading on one or multiple chains while ensuring price execution.
HFT is the native token of Hashflow, and users can stake HFT to unlock features within the Hashflow ecosystem. Since its listing, HFT has doubled in value compared to its initial price.
3.2. CyberConnect (CYBER)
CyberConnect is a project in the SocialFi sector, essentially a Web3 social network.
This project aims to tokenize information and data on the blockchain through interaction with personal wallets. Transactions and interactions from the user's wallet will be tokenized and linked into a social graph. From this data, CyberConnect will develop a framework - SDK to become a solid foundation for projects wanting to build on CyberConnect.
The CYBER governance token plays a crucial role in the CyberConnect ecosystem. CYBER holders have voting rights and can delegate their voting rights to others. Additionally, CYBER is used for purchasing CyberID, as gas tokens for CyberAccount, and can be applied to many other applications introduced by CyberDAO in the future.
3.3. Sei Network (SEI)
Sei Network is the 36th project on Binance Launchpool. Sei Network is a Layer 1 blockchain, aiming to be the infrastructure platform for DeFi applications. Sei Network offers a native matching engine to optimize scalability for DeFi exchanges using order books.
The project has raised $35 million from three funding rounds, with a total of 2 billion SEI tokens distributed to equity investors.
The native utility token of the project is SEI, which can be used as a fee for transactions on the Sei blockchain. SEI holders can participate in protocol governance, contributing to future decision-making processes.
4. Guide to Participating in Launchpool on Binance
To join Binance Launchpool, you need a verified Binance account (KYC). Follow the guide to create a Binance account here. Below is a detailed guide to participate in Launchpool on Binance:
Step 1: Go to Binance’s homepage. Under the “More” section, click on “Launchpad”.
Step 2: Scroll down to the Launchpool section and click on “View more” to see a list of projects currently farming or completed on Binance Launchpool.
Step 3: Stake to receive MEME tokens.
On the Launchpool page, you can see the available staking options to farm. For example, the Memecoin (MEME) project means you can stake BNB, TUSD, FDUSD to farm MEME. Click [Stake] to join.
Step 4: Enter the Stake amount.
Check the APY information and the amount of FDUSD in your wallet to stake. Enter the amount and click “Stake”.
After staking, rewards will be displayed in the My Rewards section. To claim the rewards, just click on “Claim Rewards”. Rewards will be updated every hour. To stop staking, click “Redeem”. Enter the amount you want to redeem, similar to the staking step.
5. Conclusion
Above, Theblock101 has provided a detailed guide on how to participate in Launchpool on Binance. Binance Launchpool is a safe investment opportunity for those wanting to join new crypto projects. Binance users can easily receive new tokens through staking and farming. However, as with any form of investment, thorough research is required before making a decision.
Read more:
.jpg)
.jpg)
