From personal experience, and a post I will write before month/end, launchpools at Binance are a foolproof way I have been making money off my BNB savings. Remember, this is not financial advice and always DYOR. Through Binance launchpool I have been to earn about 30 USD from a BND staking amount of about 253 USD initially. Naturally, as BNB appreciated in value, the staking amount used in the launchpool is a little larger and hence earns me more money in the form of exciting upcoming Crypto projects.
What is PORTAL?
Let's dive into Portal. Is it a cross-chain gaming platform, with a mission to onboard more players to web3.0. Starting with Portal Network (PORTAL), its mission is to connect virtual reality content, creators, and users across various blockchains. The features of this vision are a portal passport which in essence is a unified gaming account for accessing over 200+ games across different blockchains. The native token, PORTAL, will be used for governance, in-game purchases, and staking rewards. You can learn more about the project here:https://www.portalgaming.com/
About Portal LaunchPool on Binance:
Since Binance announced and launched Portal on Binance, many Binancians stand to benefit. This means an opportunity for users to earn PORTAL tokens by staking other cryptocurrencies, in particular FDUSD and BNB. The maximum token supply of Portal is ,000,000,000 PORTAL. As a participant, you have a share in the 50,000,000 PORTAL launchpool token reward. This represents 5% of max token supply. The staking period is 7 days and therefore terminates on February 28th, 2024.
Benefits of Participating in the Portal Launchpool:
Earn PORTAL tokens: Users can potentially acquire PORTAL tokens without directly purchasing them on the market.
Exposure to a new project: Provides an opportunity to participate in the early stages of the Portal Network's development.
Diversification: Offers a way to diversify your cryptocurrency holdings.
CAVEAT: Keep in mind that the value of PORTAL is likely to be volatile, especially during its initial launch phase. The reason, I stake and find participating in launchpools a no-brainer is the fact that my participation Crypto,in this case BNB stays in tact and will be reimbursed when farming ends. The perk is that in 7 days, there will be a compensation for having participated in the launchpool of PORTAL.
Connect and get news on Portal from their active social media X account as below:
Are you currently participating in the launchpool? Share your experience in comments below!
#Write2Earn #PortalTokenLaunchPrice #Write2Learn #FDUSDGrowth
