In cryptocurrency, Launchpool and Launchpad refer to two different methods of token distribution and fundraising. Here’s how they differ:
1. Launchpool
Staking-Based Token Distribution: In a launchpool, users stake their existing tokens (such as stablecoins or native platform tokens) in a pool to earn newly launched tokens over time as a reward.
Yield Farming Mechanism: It operates similarly to yield farming, where users provide liquidity or stake assets and receive tokens in return.
Risk Profile: Generally considered lower-risk compared to direct investment since users don't need to buy the new tokens upfront, they earn them through staking.
Example: Binance Launchpool allows users to stake BNB or BUSD to earn new project tokens.
2. Launchpad
Initial Token Sale Platform: A launchpad is a platform that facilitates the initial sale or initial coin offering (ICO) of a new token. Users can participate by purchasing the new token directly, often at a discounted price before it becomes available on exchanges.
Crowdfunding/IDO: Launchpads often serve as fundraising platforms for new projects through methods like Initial DEX Offerings (IDO), Initial Exchange Offerings (IEO), or similar mechanisms.
Risk Profile: Higher risk, as users are buying new tokens with real capital, often before the token has proven its market viability.
Example: Binance Launchpad, Polkastarter, and TrustSwap Launchpad, where users can buy tokens of new projects.
Key Differences:
Launchpool is more about earning tokens by staking, while Launchpad involves buying tokens directly in early sales.
Launchpool is considered lower risk since you earn tokens without direct purchase, whereas Launchpad participants risk their capital when purchasing new tokens.
Both mechanisms are designed to give users early access to new tokens but cater to different risk appetites and investment strategies.
CRYPTO TRADING STRATEGIES HODL is a crypto trading strategy where investors buy and hold onto their cryptocurrencies for the long term, regardless of short-term market fluctuations. It's based on the belief that the value of cryptocurrencies will increase over time, so investors resist the urge to sell during market downturns. The term "HODL" originated from a misspelling of "hold" in a Bitcoin forum post and has since become a popular meme in the crypto community. Scalping is a crypto trading
Understanding the Basics Cryptocurrency has revolutionized the world of finance, offering decentralized, secure, and borderless transactions. Here's everything you need to know to understand this digital currency phenomenon. 1. What is Cryptocurrency? Cryptocurrency is a digital or virtual form of currency that uses cryptography for security and operates independently of a central bank. It exists only in electronic form and is not physically tangible like traditional currencies. 2. How Does Cryp
Solana staking protocol Marinade DAO has proposed a new proposal to unlock 50 million MNDE tokens for the “Marinade Earn Season 3” reward activity. The main difference between Season 3 and the previous Seasons 1-2 is that it will focus more on deepening the on-chain liquidity of mSOL, a relative weakness of Marinade in the SOL LST protocol compared to other protocols such as Jito.
Specifically, the proposal proposes to allocate 25 million MNDEs by implementing a strategy on Solend, thereby increasing the profitability of the cycle of staking from Meteora mSOL/SOL compared to current mSOL pools (such as Solend and Kamino) and other SOL LSTs, thereby deepening the liquidity of mSOL in DeFi.
In addition, the proposal also suggests allocating an additional 25 million MNDEs to incentivize the pairing of existing and upcoming Solana ecosystem tokens with mSOL, thereby further embedding mSOL into the Solana economy and deepening its liquidity.
#CryptoNews🚀🔥 MERL tokens operate under the Bitcoin-compatible blockchain standard BRC-20, with a total supply of 2.1 billion. Among them, 20% of the total token supply will be airdropped to participants through the Merlin’s Seal event. This event showcased an impressive $3.6 billion TVL, with 91% of the funding from the Bitcoin community, including $1.75 billion in BTC and $980 million in BRC-20 assets. The strong support of the Bitcoin community is crucial for Merlin Chain’s rapid growth and expansion in recent months.
So, Bitcoin Halving Is Done. What Happened and What's Next? The fourth bitcoin halving occurred on Friday at a little after 8:09 p.m. Eastern, dropping the issuance rate of new bitcoin to 3.125 roughly every ten minutes. Despite the notable event, it's unclear whether it will lead to a sharp bitcoin price rise as it has in the past. The bitcoin halving may best be viewed as a symbolic event more than anything else, as it illustrates bitcoin's value proposition on the backdrop of relatively high inflation rates. It's likely that miners may be affected more than anyone else due to the loss of revenue, though some miners are exploring other avenues to make up for that shortfall.
A cryptocurrency airdrop is a marketing strategy used by blockchain projects to distribute free tokens to holders of a particular cryptocurrency. Airdrops are often used to create awareness, reward loyal users, or encourage participation in a new project. Participants usually need to meet certain criteria, such as holding a minimum amount of the specified cryptocurrency in their wallets, to be eligible to receive the airdropped tokens.
#BTC_HALVING_AND_ITs_HISTORY BTC halving refers to the process by which the reward for mining new blocks on the Bitcoin blockchain is halved. This event occurs approximately every four years and is programmed into the Bitcoin protocol to control the supply of new bitcoins. It's a significant event because it reduces the rate at which new bitcoins are created, thus impacting the inflation rate of the cryptocurrency. The BTC halving has occurred several times since Bitcoin's inception in 2009. The first halving took place in November 2012, reducing the block reward from 50 bitcoins to 25. The second halving occurred in July 2016, decreasing the reward from 25 bitcoins to 12.5. The most recent halving happened in May 2020, reducing the reward from 12.5 bitcoins to 6.25. Each halving event is programmed to occur approximately every four years, with the aim of gradually reducing the issuance of new bitcoins until the maximum supply of 21 million coins is reached. Recent BTC halving is expected on 20 April, 2024. These halving events are closely monitored by the cryptocurrency community due to their potential impact on supply, demand, and ultimately, the price of Bitcoin. . #Write2learn #write2earn🌐💹 Follow 💓 Share ❤️ Like ❤️
#SOL #SOLANA This is one of the Gems project. I'm very optimistic about Sol. Should buy $130 and below. HODL it tight and you will in great earning 💓💓 #Binance 💕💕💕
#BTC_HALVING High expectations from BTC halving and history shows upward movement of crypto market . But crypto is highly volatile and can move against the trends . #SPOT_TRADING is always safe. you can HODL and wait for a short time to get recovery and profit. Don't be in Panic if you are Spot Trader. All the Best 💯👍