🚀🚀 What is Binance Launchpool? 🚀🚀
How to Earn Free Tokens Through
👇🏻👇🏻 Launchpool 👇🏻👇🏻

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.

🚀How does launchpool staking work?🚀

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 DeFi yield farming. 

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

#Binance #LunchPool

🤑🏅Earn Free ENA Tokens🏅🤑

Binance Announces 50th Launchpool Project Ethena (ENA)

Delving into the specifics of Ethena’s Launchpool, Binance has provided clarity on critical aspects such as token supply, rewards, and staking terms. With a maximum token supply capped at 15,000,000,000 ENA, participants can anticipate substantial rewards, with 300,000,000 ENA earmarked for Launchpool token rewards, constituting 2% of the total token supply.

Of particular note is the initial circulating supply of ENA, pegged at 1,425,000,000 ENA, which represents 9.5% of the maximum token supply. Operating on the Ethereum blockchain, Ethena enforces staking terms that necessitate Know Your Customer (KYC) verification, ensuring compliance with regulatory standards and bolstering security for users.

It is imperative to heed Binance’s reminder that it will be the inaugural platform to list ENA, preempting any potential misinformation or deceptive advertising. Users are strongly encouraged to exercise due diligence and conduct independent research to safeguard their investment interests.
#LunchPool #newlistings #ENA