How to maximize profits with Binance Lauchpool No. 53 RENZO (REZ) in the period after Bitcoin Halving:
After Halving, Bitcoin had quite a large fluctuation from 59k to 67k$ in just a few days. That large fluctuation caused a lot of Future long/short orders to be liquidated.
Currently, Binance has announced Launchpool number 53 named Renzo. With the experience shared in previous Launchpools, we keep the original amount of FDUSD and stake in the FDUSD pool. With the amount of reward tokens from previous Launchpools, we sell and buy all BNB to stake in the BNB pool to receive Launchpool rewards.
However, on April 18, 2024, Binance announced that it will reward Bouncebit Tokens on Binance MegaDrop by locking BNB for a period of 15 to 120 days at Binance Simple Earn to receive BounceBit rewards.
Reading carefully the regulations of Binance Launchpool and Binance MegaDrop, we will see that when staking (locking) BNB at Binance Simple Earn, you can receive both Launchpool and MegaDrop rewards.
So, this time instead of staking BNB in ââthe Launchpool pool, let's transfer BNB to stake in Binance Simple Earn to receive rewards in both programs.
We should choose to lock BNB for 30 days at Simple Earn because the 30-day term has an interest rate of 0.9%, while the 60-day term has an interest rate of only 1%/year, not much more than the 30-day term. could be more flexible.
Be persistent with the above method of ensuring capital safety, increasing the amount of reward tokens from Launchpool as well as Megadrop and we will succeed.
Get rich slowly but surely...
