๐๐๐How to use @Binance Launchpool?๐๐๐๐
Okey, I would like to show you how I got free tokens through launchpool. Let's see it step by step:
1) Go to the Binance Homepage. On Binance Homepage move on the "More" icon and you can find "Launchpad & Launchpool"
2) Select a Project. I last choose ETHFI project, because I want to participate it. Binance Launchpool usually lists the details of each project, including the staking period, reward structure and other relevant information
3) Stake your token. Stake BNB or FDUSD tokens for the chosen project. Follow the instructions provided on the Launchpool page to complete the staking process. I found that I can get more rewards with BNB tokens.
4) Earn reward. Once your tokens are staked, you'll start earning rewards. These rewards are often distributed regularly throughout the staking period.
5) Unstake and claim Rewards. At the end of the staking period or when you decide to quit from project, you can withdraw your bets and claim your rewards.
6) Monitor and Manage. Track project performance and assets at risk. Binance Launchpool often allows flexibility in managing tokens with stakes
I really enjoy these launchpool projects and I'm sure the Binance guys are looking for more good projects to farm.
Disclaimer: The information in this article is meant to serve as general information and should not be construed as investment advice