What is your strategy for participating in Launchpool?!
On the occasion of Binance's 51st Launchpool project just announced, I share how I participated.
As we know, there are 2 ways to receive token rewards: staking BNB and FDUSD. As before, when I receive the tokens, I will sell them and convert them to BNB for long-term holding. But since BNB's price increased too high, I stopped doing that and still keep it in FDUSD, because in fact, with the same value when staking, FDUSD is currently giving greater performance.
In conditions where the market is on the Sideway and waiting for another correction, holding FDUSD to join the launchpool both helps increase Staking efficiency and helps our account have liquidity in all circumstances.
That's my way, what about you?!
Or share with me.
