LIVEIs having BNB necessary for participating in Launchpool? I've noticed that many users tend to ask the same questions whenever a new Launchpool is introduced.
For those enrolled in BNB Store, automatic subscription to the Launchpool is possible, resulting in double rewards (storage + collection). If BNB isn't available, it can be purchased or coins can be transferred to participate. Typically, BNB is paired with another staking token, like FDUSD.
Should both BNB and FDUSD be held? Generally, each project sets different conditions and reward percentages, but separate storage pools for FDUSD and BNB are common. This allows for a choice between holding either or both for larger collections.
How many tokens will be received? The number of tokens depends on the amount held and the chosen pool: BNB, FDUSD, or both. The daily reward distribution varies for each pool, with different daily rewards typically displayed in each Launchpool ad.
Is it possible to redeem tokens at any time? Yes, tokens can be redeemed at any time, but it's important to remember to collect them."
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