馃殌馃殌 What is Binance Launchpool? 馃殌馃殌
How to Earn Free Tokens Through
馃憞馃徎馃憞馃徎 Launchpool 馃憞馃徎馃憞馃徎
Introduced in September 2020, Binance Launchpool is a platform that allows users to stake their crypto tokens and earn new ones, all for free. This approach is ideal for investors interested in generating passive income.
馃殌How does launchpool staking work?馃殌
Launchpool staking involves using crypto assets to deliver funds into a liquidity pool. Doing so can generate handsome returns in the form of new tokens. This process is known as聽DeFi yield farming.聽
The amount of tokens accumulated on a daily basis varies by the amount staked and the total number of tokens committed to the pool. In the launchpool, tokens are calculated on an hourly basis throughout the activity period. Users are able to earn new tokens over a specified period