To improve the user experience, Binance Simple Earn is expanding Launchpool rewards for users with BNB Locked Products positions. Now users will receive double rewards, i.e. daily APR rewards and Launchpool rewards from your BNB Locked Products positions. Users with BNB deposits in BNB Vault will still be eligible for Launchpool rewards.
Launchpool rewards for BNB Vault and BNB Locked Products positions can be claimed every hour from the Launchpool BNB pool page. Unclaimed Launchpool rewards will be automatically distributed to users' Spot walletsat the end of each Launchpool session.
Note:
Launchpool rewards for BNB Vault will no longer be distributed daily to users' spot wallet. Rewards will be claimed every hour from the Launchpool BNB pool page. Unclaimed Launchpool rewards will be automatically distributed to users' spot wallets at the end of each Launchpool session.
Launchpool rewards will be calculated based on the hourly sum of users' Launchpool bids, BNB Vault deposits, and BNB Locked Products positions. Snapshots of user balances and total pool balances will be taken multiple times at any given time every hour to obtain hourly average user balances and calculate user rewards.
In the event that multiple Launchpool projects are running simultaneously, users' BNB Vault deposits and BNB Locked Products positions will be evenly distributed across each Launchpool project to which the user is eligible.
