How to use BNB for investment?
How to plan Binance's new Binance MegaDrop effectively to achieve both goals with one stone: Binance Launchpool & Binance MegaDrop:
A few days ago, Binance announced the launch of Binance Megadrop with the BounceBit (BB) project. This is a huge project that is actively supported by Binance as well as many other leading names.
Additionally, when carefully reading the Binance Megadrop regulations, we can notice the following important points:
1. Stake BNB for a period of 15 to 120 days (on Simple Earn) to receive rewards
2. Complete tasks answering questions on Binance Web3 to receive rewards
Reading the terms carefully, we will see that when Staking BNB in ââSimple Earn, Stakeholders can fully count when there is a Binance LaunchPool. Therefore, when we stake BNB for a certain period of time, during that staking period we will receive airdrops from MegaDrop and Binane Launchpool.
Taking a closer look at the staking profit table, we should stake BNB for a period of 30 days because the 30 day staking interest rate is 0.9%, no different from 60 day staking with 1% interest, however the 30 day staking lock is more profitable.
So, how to optimize when participating in Binance Megadrop?
1. Stake BNB in ââsimple earnings for 1 month to receive Binance Launchpool and Megadrop
2. Every day, perform Binance Web3 tasks
3. Keep FDUSD intact for staking Binance Launchpool (if any) as cash is always king. Don't go all in
Wish you success, kill two birds
with one stone Megadrop & Binance Launchpool.
