How to Earn Interest & Get Airdrops at the Same Time!
Main Takeaways
Launchpool allows users to earn new tokens by staking their existing crypto on Binance.
Binance Earn’s Locked Products and BNB Vault provide staking options for earning yield on your digital assets, thereby enhancing the potential of your crypto.
Automatically receive Launchpool airdrops by subscribing to BNB Locked Products or the BNB Vault — it’s an effortless way to double your rewards!
Analysis of data over a recent five-month period shows that use of BNB Locked Products and Launchpool together yielded up to 14.8% more BNB than just holding.
Welcome to our latest guide on Binance features designed to boost your crypto earnings. This blog introduces Launchpool, Binance Earn’s Locked Products, and the BNB Vault, before highlighting a key update:
Subscribing to BNB Locked Products or the BNB Vault automatically qualifies you for Launchpool airdrops.
This seamless integration not only simplifies how you earn, but also increases your potential rewards. We’ll cover the basics of how these offerings work, their benefits, and how you can use them to enhance your crypto strategy (and potentially even improve your Binance VIP status). Let’s explore how to unlock the earning potential of your portfolio with Binance.
Launchpool
Launchpool offers a way for users to receive token airdrops by staking their existing crypto on Binance. Unlike token sales, Launchpool allows users to ‘farm’ new tokens. Users earn rather than purchase new tokens, aligning with the DeFi movement’s principles while ensuring the security and convenience associated with Binance.
Participating in Launchpool presents several advantages:
Simplicity: Users can start earning new tokens by depositing their assets into a pool, with rewards proportional to the staked amount and duration.
Flexibility: Launchpool offers the freedom to harvest rewards at any time and unstake with ease, accommodating varying user preferences and strategies.
Safety: Leveraging Binance’s trusted platform, users enjoy a safe environment for token launches, mitigating the risks often associated with new projects.
Early Access: Users gain early exposure to innovative projects, benefiting from the potential growth of these tokens before they hit the broader market.
Through Launchpool, Binance democratizes access to new token rewards, marrying the excitement of DeFi with our hallmark security and user-centric approach.
Binance Earn’s BNB Locked Products & BNB Vault
Elsewhere in the Binance ecosystem, the Earn section presents two standout features designed to amplify your BNB earnings: Locked Products and the BNB Vault. These tools are tailored for users seeking to maximize the potential of their digital assets through staking, offering a blend of rewards, flexibility, and accessibility.
BNB Locked Products provide an avenue for users to commit their BNB for fixed terms, receiving a set yield in return. This comes with the advantage of knowing exactly what your earnings will be. Enjoy daily rewards with up to 3.5% APR on 30 to 120-Day Locked Products. Despite the fixed-term nature of these products, users can opt to withdraw their assets before the term ends if needed (albeit forfeiting their interest).
The BNB Vault is a one-click solution to earning on your BNB, consolidating rewards from various sources within the Binance ecosystem into a single earning tool. Rewards stem from the ability to participate in different earning opportunities at the same time, ensuring that your BNB holdings are working hard. Enjoy the flexibility to subscribe and redeem anytime, coupled with Real-Time APR and, if applicable, Bonus Tiered APR.
*Note: BNB Vault and BNB Locked Products APRs are subject to change. BNB Vault assets pledged as collateral for Binance Loans (Flexible Rate) are not eligible for Launchpool rewards. Participation in Launchpool is subject to eligibility based on the user's country or region of residence.
It’s Time to Double Your Rewards: Here’s How
Did you know that if you subscribe to BNB Locked Products, or the BNB vault, you will automatically receive Launchpool airdrops?
Up until the end of 2023, users engaged in our BNB Locked Products or BNB Vault for returns had to separately allocate BNB to participate in Launchpool. This meant having to choose between stable earnings and the opportunity to receive new tokens.
Since then, however, we’ve updated the ecosystem so that users with BNB Locked Products or BNB Vault positions are now eligible for Launchpool rewards too. Users no longer need to choose between the two or perform additional steps.
This means that the same locked assets now automatically qualify for Launchpool rewards without necessitating any additional action from the user. Essentially, assets that are already working to generate a steady return now also farm new tokens from the latest projects featured on Launchpool.
Enhancing user convenience, we’ve also now made it possible to subscribe to BNB Locked Products directly from the Launchpool page.
Understanding Your Earning Potential: A Closer Look at the Data
To offer you a clearer picture of how participating in these different offerings can impact your earnings, we’ve done a deep dive into the data from different strategies over a five-month period (from Oct 11, 2023 to Mar 13, 2024).
We looked at five scenarios, each illustrating a different approach to managing BNB holdings and participating in Launchpool, with and without engaging in Binance Earn’s BNB Locked Products. While past performance is never indicative of future results, these insights can hopefully help you make more informed decisions.
Here’s a breakdown of these scenarios and their outcomes:
Scenario 1: The user only holds BNB without participating in Launchpools or Locked Products.
Scenario 2: The user subscribes to all Launchpools and sells their tokens immediately at the Day 1 mid-price.
Scenario 3: The user subscribes to all Launchpools and keeps all their tokens until the snapshot date for this analysis (on Mar 13, 2024).
Scenario 4: The user subscribes to 3.5% APR Locked Products and so automatically qualifies for all Launchpools, too — selling the tokens immediately at the Day 1 mid-price.
Scenario 5: The user subscribes to 3.5% APR Locked Products and so automatically qualifies for all Launchpools, too —keeping all the tokens until the snapshot date for this analysis (on Mar 13, 2024).
Key Takeaways from the Data
Exploring the performance data — as per the period Oct 11, 2023 to Mar 13, 2024 — let’s uncover the impact of engaging with Binance’s different earning opportunities. Here are the key insights on returns in BNB and USD.
1. Returns in BNB.
The highest BNB return was delivered by Scenario 5 — where the user subscribed to 3.5% APR BNB Locked Products and thereby automatically also participated in all Launchpools (keeping all their tokens until the snapshot date of Mar 13, 2024).
This scenario delivered a 14.8% increase in BNB holdings, based on the period analyzed, demonstrating the compounded benefit of participating in Launchpools while also taking advantage of BNB Locked Products over this five-month-long period.
Note that, by comparison, Scenario 1 shows no increase in BNB holdings whatsoever, emphasizing the value of engaging with the earning opportunities available on Binance.
2. Returns in USD.
Scenario 5 also leads here with a 221.5% return in USD, showcasing the financial benefits of a combined strategy of holding and earning through Binance during the five-month period studied here (Oct 11, 2023 to Mar 13, 2024).
Note that even in Scenario 1, where users only held BNB, there is an 180% return in USD, highlighting the recent price appreciation of BNB.
Analyzing the Performance
Our analysis of these scenarios shows that the dual approach of earning new tokens through Launchpool while simultaneously growing your BNB through Locked Products offered the most substantial returns during the period Oct 11, 2023 to Mar 13, 2024.
These findings underscore the importance of a strategic approach to managing your portfolio. By engaging with the earning opportunities on offer, you can optimize your strategy, not just for potential returns in BNB, but also for potential gains in USD value.
We encourage you to consider your own financial goals and risk tolerance when exploring these opportunities. And, as always, do your own research.
Disclaimer: The examples provided herein are based on data between specified dates. The specified dates yielded a period of increased value for BNB, however there are periods where the value of BNB may chop sideways, or even decrease dramatically. Please note that past performance should not be considered a guarantee of future results and you acknowledge that BNB price is volatile. Market conditions may be subject to change. Exercise prudence and avoid basing decisions solely on this information, always do your own research.
Never Miss a Launchpool
By connecting the dots between Launchpool and Earn’s BNB Locked Products and BNB Vault, we’ve created a seamless, automated system that effortlessly increases your earning potential. When users subscribe to BNB Locked Products or deposit their BNB into the BNB Vault, they are automatically enrolled to receive rewards from Launchpool’s new token offerings.
This integration means that there’s no need for manual transfer or enrollment into Launchpool; the process is entirely automated, ensuring users consistently participate in every new Launchpool opportunity without additional effort.
Unlocking VIP Benefits with Strategic BNB Holdings
Holding BNB is a key requirement for achieving VIP status, which unlocks a suite of benefits aimed at enhancing trading efficiency and reducing costs, among other perks.
The beauty of staking your BNB in Locked Products or the BNB Vault is that it then serves multiple purposes: you earn APR from these holdings and simultaneously qualify for Launchpool rewards, all while your staked BNB counts towards meeting the VIP BNB holding requirements.
This opens the door to enhanced benefits without requiring any additional steps.
UI Enhancements for a Better Experience
As part of these updates, we’ve implemented user interface (UI) enhancements to improve accessibility and navigation, particularly for new users engaging with Launchpool, Earn’s BNB Locked Products, and the BNB Vault.
Of particular note is the fact that you can now subscribe to BNB Locked Products from within the Launchpool page — essentially an entrance that easily and quickly links you to the BNB Locked Products subscription page (as shown in the image above).
These updates also include better visibility of eligible Earn holdings within the Launchpool interface, allowing users to easily identify which investments qualify for Launchpool rewards. This feature simplifies tracking potential earnings and enhances the understanding of how assets are utilized within the platform.
Additionally, we’ve added tooltips and pop-ups across the platform, focusing on Launchpool and Earn products. These tools offer straightforward explanations of features, terms, and reward calculations, aiming to educate users about the benefits of various options, such as staking in BNB Locked Products.
These UI improvements are part of our effort to make complex features more user-friendly and to support more inclusive participation in earning opportunities.
Seamlessly Enhance Your Earnings with Binance
By enabling automatic qualification for Launchpool airdrops upon subscription to BNB Locked Products, or the BNB Vault, we’ve taken another step forward in removing the complexity of earning rewards on Binance. Additionally, remember that these holdings also contribute towards VIP status levels, should that be applicable to you.
These enhancements underscore our commitment to providing a seamless and rewarding platform for our users. By integrating these features, we’re not only streamline the process of maximizing earnings, but also opening new avenues for users to leverage their BNB assets effectively within the Binance ecosystem.
We encourage you to explore these updated features, and take full advantage of the opportunities they present to boost your earnings. Whether you’re looking to automatically participate in Launchpool, achieve a higher VIP level, or simply maximize your APR, Binance’s enhanced offerings are designed to support your crypto journey. Dive into these features today and unlock the potential of your portfolio.
Further Reading
Disclaimer: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. APR is an estimate of rewards you will earn in cryptocurrency over the selected timeframe. It does not display the actual or predicted returns/yield in any fiat currency. APR is adjusted daily and the estimated rewards may differ from the actual rewards generated. Not financial advice. For more information, see our Terms of Use and Risk Warning.