This thread has pretty much died after Binance blocked FDUSD to European citizens due to EU regulations, but I'll try and keep the thread updated as much as possible, even though it's not really worth it unless you have major amounts of BNB. A new launchpool is about to start, in approximately 2 hours from now, at 00:00 UTC, the token Vana, quoting from Binance, "a native EVM-compatible L1 blockchain for user-owned data," whatever that means.
It will be open for two days and will then be listed for trading on 16th of December 10:00 UTC.
Topic: Binance Launchpool, a possible earning opportunity? (Read 1619 times)
Although Binance's launchpools aren't that worth it anymore, another launchpool was launched a few hours ago and decided to post it. It's the token "Usual," a decentralized fiat stablecoin issuer, which is currently open for farming with BNB for European citizens and FDUSD for the rest of the world. Farming started a while ago at 15/11 00:00 UTC and will last for four days in total. It will then be listed for trading on 19/11 10:00. For more information, you can check Binance's website or the token's webpage itself.
https://www.binance.com/en/square/post/11-14-2024-binance-launches-usual-usual-on-launchpool-with-pre-market-trading-to-follow-16224040648377
https://www.binance.com/en/square/post/11-14-2024-binance-launches-usual-usual-on-launchpool-with-pre-market-trading-to-follow-16224040648377
As I understood (at least tried to), "Bytecode-level compatible zkEVM Rollup", is that, quote:
Quote
What they (rollups) all have in common is that they add in-circuit support of EVM in their own way with various tradeoffs. EVM-compatible ZK rollups compile Solidity/Vyper into a bytecode targeting a custom VM rather than EVM.
Source: An Overview on ZK Rollups and zkEVM
Thanks for the news, though!
Anyway, it's nice that someone at least replied and read the update.This topic used to receive a lot more attention in the past, but after some not so successful launchpools and the ban of FDUSD usage in Europe, I doubt that many people in this forum are fond of them anymore, at least on Binance's platform.
Binance announced another Launchpool project yesterday, which went live a couple of hours ago. It's the token Scroll (SCR), which according to Binance is "a Bytecode-level compatible zkEVM Rollup." Whatever that means, I've no idea; don't ask me. It will be available for farming for just two days, and for us, European citizens, the BNB pool is our only option. On the 11th of October, 10:00 UTC, we will list it for trading. As I've mentioned in previous projects, Binance's Launchpool is long gone if you live in the EU. I haven't bothered to check if any other platform offers better options for farming; if anyone has an answer to that, I'd be really helpful to provide some feedback.
As I understood (at least tried to), "Bytecode-level compatible zkEVM Rollup", is that, quote:
Quote
What they (rollups) all have in common is that they add in-circuit support of EVM in their own way with various tradeoffs. EVM-compatible ZK rollups compile Solidity/Vyper into a bytecode targeting a custom VM rather than EVM.
Source: An Overview on ZK Rollups and zkEVM
Thanks for the news, though!
Binance announced another Launchpool project yesterday, which went live a couple of hours ago. It's the token Scroll (SCR), which according to Binance is "a Bytecode-level compatible zkEVM Rollup." Whatever that means, I've no idea; don't ask me. It will be available for farming for just two days, and for us, European citizens, the BNB pool is our only option. On the 11th of October, 10:00 UTC, we will list it for trading. As I've mentioned in previous projects, Binance's Launchpool is long gone if you live in the EU. I haven't bothered to check if any other platform offers better options for farming; if anyone has an answer to that, I'd be really helpful to provide some feedback.
Binance announced another Launchpool project yesterday afternoon, and it's currently available for farming; it opened just a few hours ago. It's the coin Catizen (CATI), quoting from Binance "a cat-themed gaming bot built on the Telegram mini-app platform." Users are able to lock their BNB and FDUSD (unavailable for EU citizens just like I mentioned in the previous airdrops) for a period of four days. It will then be listed for trading on 20/9/2024 at 10:00 UTC.
Personally, I think it's another useless token, those who have BNB already on Binance have nothing to lose, but Launchpools aren't that profitable anymore after the new EU regulations.
Personally, I think it's another useless token, those who have BNB already on Binance have nothing to lose, but Launchpools aren't that profitable anymore after the new EU regulations.
Despite the decreased interest in the thread and perhaps the Launchpool projects, there's a new player available. Excuse me for the late announcement, but I'm not receiving emails or notifications for launchpools anymore. The new project has been available since midnight, so it's less than a day lost. It's the coin DOGS and will be available for only three days; unfortunately, the same rules apply for European citizens with the previous project, and it's only available for BNB farming. Thus, unless you have a large amount of BNB, you won't generate any significant profit.
It's exactly two months since my last reply on this topic, so here's an update. Unfortunately, good things always come to an end. It's been over two months since the last Launchpool project, and today another project was launched. I was initially delighted, until I saw that staking is only available with BNB, for up to 85% of the total allocation; the rest 15% is for FDUSD, which is now unavailable in Europe, along with USDT, due to new regulations taking place approximately a month ago.
When this happened, I was hoping that Binance would compromise and allow users to stake USDC as well, which is still available for European users, but this isn't the case. Thus, if you want to participate in the launchpool, you'll need to acquire BNB. I had approximately $3.500 in FDUSD and almost 1 BNB, but I'm not willing to acquire BNB at this moment just to stake in the launchpool, as it destroys the risk-free aspect it had.
Anyway, for those still interested, Toncoin (TON) will be available for farming in the next few hours and will be available for 20 days, distributing up to 7.65 million Toncoins.
When this happened, I was hoping that Binance would compromise and allow users to stake USDC as well, which is still available for European users, but this isn't the case. Thus, if you want to participate in the launchpool, you'll need to acquire BNB. I had approximately $3.500 in FDUSD and almost 1 BNB, but I'm not willing to acquire BNB at this moment just to stake in the launchpool, as it destroys the risk-free aspect it had.
Anyway, for those still interested, Toncoin (TON) will be available for farming in the next few hours and will be available for 20 days, distributing up to 7.65 million Toncoins.
Binance Launchpool is a earning opportunity, no matter how big or small it is a profit is a profit.
I consider it as an airdrop the only difference is that, it already have a value after we receive the reward, it might not be a big profit like other airdrop, but at least it already have a value.
I consider it as an airdrop the only difference is that, it already have a value after we receive the reward, it might not be a big profit like other airdrop, but at least it already have a value.
Bitget? Bybit? Sometimes, okx offers good yield too. The thing i do like from binance is Web 3 airdrop and megadrop. I'd rather than pick launchpad or launchpool in another exchange site with fewer people commit to join in.
I remember i was also doing launchpool for notcoin on okx and binance. okx gave me greater yield than binance. Just because binance big and it doesn't mean it's always offering good yield.
This is my 2 cents.
I've seen Bybit and Okx's launchpools, but I've never bothered to investigate further. To be honest, you have a valid point: there isn't so much competition compared to Binance; thus, it's expected for other platforms to offer greater returns. How often are Launchpool projects announced on the other exchanges compared to Binance? I'm not too satisfied with the latest projects; anything after REZ has been pretty much a disappointment. IO.NET wasn't too bad, but they've become a quite rare occurrence over the past few months.I remember i was also doing launchpool for notcoin on okx and binance. okx gave me greater yield than binance. Just because binance big and it doesn't mean it's always offering good yield.
This is my 2 cents.
I'll take a look into other platforms as well, but to be honest, I can't be bothered registering on another exchange and moving my funds there.
The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.
Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000.I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.
Bitget? Bybit? Sometimes, okx offers good yield too. The thing i do like from binance is Web 3 airdrop and megadrop. I'd rather than pick launchpad or launchpool in another exchange site with fewer people commit to join in.
I remember i was also doing launchpool for notcoin on okx and binance. okx gave me greater yield than binance. Just because binance big and it doesn't mean it's always offering good yield.
This is my 2 cents.
Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000.
The higher your investment is in, the higher the profit but it is indeed possible that you earn a little less than what you have invested. This is caused by the performance of the token itself and how it fluctuates. Generally, the market sentiment also plays a part in the rewards you getHowever investing that huge amount of money and only rewarded by a very little amount seems unrealistic especially if you are using a platform that of Binance.
The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.
Am I missing something here? That's exactly how the lauchpool works, the more money you allocate to farming, the greater the reward, especially if you're using BNB which now accounts for 85% of the total distribution. Where else were you farming that it's yielding higher rewards than Binance? I'm having a hard time believing tha you were farming with over $10,000 worth of coins and only received two digits, because the majority of projects returned more than $40 to $50, with way less than $5,000. I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.
I love Lauchpool. And I often use Binance Launchpool to earn extra income. I earn a few dollars from my signature campaign on the bounty thread and I usually deposit it to binance. Launchpool really helps me because I can get money for my daily needs and I still have my assets. I have participated in several projects on laucnhpool and at least I was able to earn a few hundred dollars without having to wait for the price to rise higher to take advantage.
The launchpool is only for whales, but even small shrimp can earn pennies by participating on it. As you can see, if Launchpool employed the fair distribution approach. The higher your stake, the more tokens you receive. I have stopped playing on Binance Launch Pad since it is not worth the time.
I would prefer to participate in the launch on a different exchange site. Less users engaged, less money was invested to farming the tokens, and I was able to obtain more tokens than simply participating in the Binance launchpool with very low probability to get decent amounts of tokens. If you were simply betting pennies on the binance launch pool.
How can you meet your daily needs? I meant it wasn't even worth the time. Even those who participated with tens of thousands of dollars received only two digits. You're not joking, right?
So, how much are you staking on launchpool? lol.
IO.NET was listed today at 12:00 UTC, confirming some speculation articles I read regarding its price, which was expected to range from $4 to $5. Its initial price was pumped up to $5.80 and quickly plummeted down to approximately $4.5. I was so busy at work that I missed the high starting price, but I highly doubt many are able to sell at that price; everything happens in a blink of an eye.
I accumulated approximately 5 coins, which are worth about $20 as we speak—not too bad but not too great either. I'll hold these coins for a while, and I believe there will be a selling opportunity in the near future.
I accumulated approximately 5 coins, which are worth about $20 as we speak—not too bad but not too great either. I'll hold these coins for a while, and I believe there will be a selling opportunity in the near future.
It's been a while since we had a Launchpool project; finally, some good news! For some reason, I've not been receiving Launchpool updates till the very last minute, so I apologize for the delayed update. A few hours ago, I received an email announcing the 55th project, IO.NET (IO), "a decentralized AI computing & cloud platform." Farming has already opened as we speak and will remain for 4 days. It will then be listed for trading on 11/06/2024 at 12:00 UTC.
What do you think of this new project? What are your expectations? I prefer to lay low and not get too excited because my expectations fell short the previous time with Notcoin.
What do you think of this new project? What are your expectations? I prefer to lay low and not get too excited because my expectations fell short the previous time with Notcoin.
I love Lauchpool. And I often use Binance Launchpool to earn extra income. I earn a few dollars from my signature campaign on the bounty thread and I usually deposit it to binance. Launchpool really helps me because I can get money for my daily needs and I still have my assets. I have participated in several projects on laucnhpool and at least I was able to earn a few hundred dollars without having to wait for the price to rise higher to take advantage.
When I went back to cash while trading, I joined Launcpools with FDUSD and usually left happy. They usually gave better returns than interest rates. BNB participants have undoubtedly made much better gains. Also, in the medium term, the BNB price had a good momentum during the Launchpools period. Even when I was holding FDUSD and only participated in a few of them, I left happy, I'm sure they left much happier. Also, thank you OP for preparing such a table...
The past three projects (OMNI, REZ, and NOT) haven't been really fruitful compared to other projects, and it's also been a while since we've had a new one. Earnings from the launchpool have generally halted; my balance has remained almost the same for over a month or two, since the last few ones were complete flops that didn't return any significant gains. Fortunately on the other hand, some coins such as NOT or SAGA have marked decent gains the past 24 hours, so perhaps I'll manage to sell some of the coins I'm stuck with at a higher profit.
I see. Unfortunately, I didn't sell some of the latest coins that I acquired through Launchpool, and now they've plummeted. I had noticed that a large number of projects surpassed the initial launch price a few days after they got listed, such as Cyber, ENA, SEI, and a few others that I don't currently recall, making me decide to hold these and not sell them the moment trading opened. Unfortunately, I'm at work when they're listed, so I might not always have the ability to be present the exact moment they're listed, and Notcoin was one of those that should have been dumped the second it was possible.
Some of laucnhpool coins on Binance increasing higher price after few weeks from listing, from ENA, Cyber and SEI coins increasing drastically but most of participants always selling on the early moment after listing. Yesterday, Notcoin success listing on Binance after launchpool ended but current price get decreasing but this coins dominance by community with large amount based on airdrop reward, difficult for predicting with potential will raise to higher price after one or two months later because around 70% of notcoin allocated for airdrop participants. After Notcoin launchpool in Binance, any one has information when the next launchpool opening and will the next time luanchpool more profitable than notcoins?
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