There is nothing better than being a holder of BNB and Binance announcing a new Launchpool where we can earn rewards easily and securely. If you are a beginner, let me explain how it works:
Launchpools are basically campaigns where we can lock our assets and receive rewards in return. The coins we lock can be redeemed at any time, or, if we prefer, we can wait until the Launchpool period ends. At the end, the locked assets are automatically returned to our account, along with the interest generated in the Launchpool currency.
How to participate?
It's very easy, and there are two ways to do it:
1. Through the "Launchpool" section:
Lock your assets directly in the corresponding pool to start generating rewards.
2. Through simple EARN products:
Lock your BNB in simple EARN products. This way, you can earn both the rewards from the Launchpool and the interest from the simple EARN product.
• Note: If you lock your assets in a fixed product, keep in mind that, at the time of claiming them, they may take 1 to 2 days to return to your spot wallet.
If you have any questions about this, I will be happy to answer you in the comments. 🤝