Staking $BNB (Binance Coin) and $FDUSD (Binance USD) in Binance Launchpool is a straightforward process. Here's a step-by-step guide:
1. **Access Binance Launchpool:**
- Log in to your Binance account.
- Navigate to the "Finance" tab and select "Binance Launchpad" from the dropdown menu.
2. **Choose the Project:**
- Browse the available projects in the Binance Launchpool.
- Select the project that offers staking rewards for BNB and/or fBUSD.
3. **Stake BNB and/or fBUSD:**
- Click on the project you're interested in.
- Choose the option to stake BNB, fBUSD, or both, depending on the project's requirements.
- Enter the amount of BNB and/or fBUSD you wish to stake.
4. **Confirm and Stake:**
- Review the staking terms, including the lock-up period and rewards structure.
- Confirm your staking amount and duration.
- Click on the "Stake" button to complete the staking process.
5. **Earn Rewards:**
- Once your BNB and/or fBUSD is staked, you will start earning rewards according to the project's reward distribution schedule.
- Rewards are typically distributed regularly, and you can monitor your earnings in the Binance Launchpool dashboard.
6. **Unstaking:**
- Some projects have a lock-up period during which your staked assets cannot be withdrawn.
- Once the lock-up period expires, or if there are no lock-up restrictions, you can unstake your BNB and/or fBUSD at any time.
- Navigate to the Binance Launchpool dashboard, locate the project you're staking, and choose the option to unstake your assets.
7. **Claim Rewards and Withdraw:**
- After unstaking, you can claim your accumulated rewards.
- Once claimed, you can withdraw your staked assets and rewards to your Binance spot wallet.
It's important to note that the specific steps and options may vary depending on the project and its staking requirements. Always review the project details, terms, and conditions before staking your assets. Additionally, consider factors such as lock-up periods, rewards structure, and potential risks associated with staking in Binance Launchpool.
