Topic: Binance Launchpool, a possible earning opportunity? - page 3. (Read 1619 times)

If you own lots of capital then binance launchpool is for you. I found there are two way for staking. Bnb and FDUSD (stable coin). First they allowed Usdt but now they sleect their own stable coin FDUSD for marketing. And people who will stake Bnb, get more advantage during return. Now the point is, its good to stake there For free income and I'll choice FDUSD. Cause i found that, BNB staking would be loss project in many times if price dump, you'll be loss rather then profit. And profits weren't too much as excepted.

I see, it means you're making around 1%-3% from your capital, which is high. Mostly staking give you around 4%-20% APY, but that's annual percentage, while you can earn 1%-3% for few days.

I don't know if you've started to make the list or not, but I've create it for you, hope you like it.

Of course it's free for you to add/remove/change whatever you like (sorry if I input wrong data, but I hope I didn't make any mistake )

~Snipped for convenience~

I remember mentioning an approximate amount somewhere in the previous replies, but I didn't want to get into too much detail, so screw it. I started with approximately $3,200 worth of FDUSD and BNB, and in less than 12 months, my balance (due to BNB's price increase as well) has grown to almost $4,500. I started being involved in Launchpool projects somewhere during the summer, so that's certainly a decent amount of money for the time and money invested.

I also love your idea, and I'll start implementing it for the upcoming projects. It's interesting to keep track of statistics and acknowledge how much you've actually earned. I'll try to make it as detailed as possible.

Saga probably gonna be the same case of celestia all over again this coin is bullish on its own, those that bought when the price were still low also probably holding anyway since they sees potential from this coin, too bad i was too late to buy when the price tanked exactly at the time people are selling their bags but im kinda doubtful to get in now since as you have already know the price already growing up quite high now it seems.
probably gonna be on the lookout for the next launchpool, the fact that so many project nowadays require staking to get rewards pressing on our wallet, binance launchpool is no exception.
alas regardless binance launchpool so far has been showing quite profitable staking program, so many projects actually allocating big chunk of total supply just for binance launchpool alone hoping to get listed to the exchange which works to some extent to pump their coin to another level and produce billions of trading volume, thats just how a big exchange could carry the reputation.

Another success was added to Binance's Launchpool project, SAGA. SAGA was listed for trading today, 9/4/24, at 12:00 UTC, with a starting price of approximately $4.5. The price quickly climbed up to $5 and is currently up to $6.60 per coin; that's astonishing! Providing that I sell my coins as we speak, SAGA would yield me a profit of $85 for just 4 days of staking; that's an incredible return. I'm not sure if I'll sell yet, because from what I've noticed, the majority of projects are still climbing a few days after their launch; see Ethena (ENA), for instance, which is now worth over $1.30. I would have made over $150 if I had held my coins for longer.

Perhaps they didn't know how much you stake in order to earn such amount, obviously $50-$150 is a good amount of money, especially you earn without doing anything. If you don't mind, you can reveal it.

Another suggestion you could create a table that list the launchpool you joined, how much you stake, how long you stake and the profit.

It's a little saddening that this thread isn't receiving the attention I was anticipating, as Binance's Launchpool projects have been a great source of income for myself.

I just don't know if Bybit is there, or maybe I just don't notice.

Hello there, and Merry Christmas to everyone!

First of all, I'd like to state that I'm in no way affiliated with Binance, nor am I a large fan of centralized exchanges. I keep the majority of my funds, especially Bitcoin, off exchanges for the known reasons that have been discussed on the forum multiple times, and I'm not going to repeat them again, except for some stablecoins, which aren't a huge amount but still a decent sum of money. So, without further ado, let's return to the subject.

I've been participating in Binance's Launchpool since late July, with the first project that I staked, the coin Pendle. I didn't stake for the whole 30 days it was available in order to have the full picture, but it wasn't worth staking my coins there rather than on a different platform. All other options after that, SEI, Cyber, MEME, Neutron, with the last one being Fusionist (ACE), yielded great results, especially the last one, in which I regret participating only for a day or two.

So far, I've had great returns. Keep in mind that I acknowledge that most of the coins being listed there have no actual purpose, nor do I have faith in them, nor are they to be held for long-term purposes; they're simply pumped due to Binance's intervention, and I'm taking advantage of that. Currently, another coin, NFPrompt, is listed, shortly after ACE was discontinued, and another one was announced today.

I personally believe that if these projects are taken advantage of through Launchpool, it's basically risk-free money. The only thing you're risking is the opportunity cost of the money you're putting into staking.

What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?

Ethena is a synthetic dollar protocol built on Ethereum that will provide a crypto-native solution for money not reliant on traditional banking system infrastructure, alongside a globally accessible dollar denominated savings instrument - the 'Internet Bond'.