Why can't I find it? Is it still staked and not online?

Brief explanation: Launchpool is a service provided by cryptocurrency exchanges that allows users to earn new token rewards by staking existing tokens. This service is similar to liquidity mining or staking reward mechanisms, where users stake a certain amount of assets on the platform and, in return, they receive upcoming new token rewards at a certain ratio.

Difference between Launchpool and Launchpad

Both Launchpool and Launchpad are methods for project issuance, but they differ in token distribution mechanisms and user participation. Launchpool provides new token rewards through staking existing tokens, while Launchpad distributes tokens through public sales of new tokens. Launchpool is more suitable for users who want to earn new tokens by staking existing assets without the risk of directly purchasing new tokens.

Operation mechanism of Launchpool

Users need to deposit specific tokens (such as BNB, FDUSD, etc.) into the mining pool, and then the platform will issue new tokens as rewards based on the amount and duration of the stake. For example, in Binance's Launchpool, users can stake BNB or other assets to earn rewards in new coins. Additionally, some projects may offer extra incentive mechanisms, such as inviting friends to participate to earn more rewards. #USUAL现货开盘预测 $USUAL