Let's simply calculate the expected return of this #Launchpool #新币挖矿 #Notcoin participation using $FDUSD and $BNB .

FDUSD current circulation: 3.816 billion (05-13 12:00)

The BNB users have in the “BNB Revenue Pool” and “BNB Regular Products” will automatically participate in this Launchpool.

Since this was done on a cell phone, the data may not be calculated accurately, as the calculator on the cell phone does not support calculations of such large numbers. . .

A quick summary: Notcoin started out as a viral Telegram game that brought many users into web3 through a click-to-earn mining mechanism.

Purpose of the NOT token: unknown.

The price of perpetual futures on aevo is about $0.0097 (volume is about $173,000, 05-13)

Since it is fully circulated, the token seems to have no effect, so I am not very optimistic about it. Finally, assuming that the total market value after listing is about $400 million (assuming that the actual circulation accounts for about 40%), the expected coin price is about $0.00389.

(Please note: this mining will last for 3 days! From 08:00 on May 13, 2024 to 07:59 on May 16, 2024, Beijing time)

---

FDUSD pool daily output: 154,078,832 (154 million) NOT

Number of tokens deposited into the FDUSD pool: 2.8 billion.

Deposit 1000 FDUSD, and you can get: (1000 / 2,800,000,000) * 154,078,832 = 55.028 NOT

The expected daily return per 1000 FDUSD is: 55.028 * 0.00389 = 0.214 $

The expected annualized rate of return of the FDUSD prize pool is: (0.214 / 1000) * 365 = 7.81%

The expected return on capital of the FDUSD pool is: (0.214 * 3) / 1000 = 0.064%

---

BNB pool daily output: 873,113,384 (870 million) NOT

Number of tokens deposited into the BNB pool: 18 million.

Deposit 1 BNB, you can get: (1 / 18,000,000) * 873,113,384 = 48.506 NOT

The estimated daily income per 1 BNB is: 48.506 * 0.00389 = 0.1886 $

BNB is calculated based on a reference price of $590

The expected annualized rate of return of the BNB reward pool is: (0.1886 / 590) * 365 = 11.66%

The expected return on capital of the BNB prize pool is: (0.1886 * 3) / 590 = 0.095%

---

Trading opening time: Beijing time 2024-05-16 20:00

---

Calculate the interest costs incurred during the pledge process and the asset impairment caused by exchange rate fluctuations that may occur after or even before the end of the activity

---

Total 102,719,221,714 NOT (102.71 billion).

Initial circulation: 100%. Binance Launchpool prize pool accounts for 3% of the total, 3,081,576,651 (3.08 billion).

Reference data sources for this article

Tutorial on how to participate in Launchpool

The data is for reference only, please refer to the actual data!