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Topic: Launchpool or launchpad, which is better? (Read 170 times)

full member
Activity: 628
Merit: 154
September 04, 2024, 11:23:02 AM
#14
I believe that launchpool is a lot better because you end up with something that you can see beforehand, you are not getting it right away, whereas at launchpad gives you the tokens right away and asks you to deal with it, which is a big risk and I wouldn't trust it.

Plus at launchpad, usually you can invest whatever you want, whereas launchpad has a limit and that is to trick you, because launchpool has no limits, you limit yourself and usually pay less than what you would at launchpad, because at launchpad they give you a limit so you want to get the most of the limit that way.

So, if the limit is 1000 dollars worth, then it means you would mean at launchpool you could have invested just 500, but because at launchpad the limit is 1000 that means you may want to invest 1000 since you can't do more after that. These type of differences between the two of them, makes me want to invest into a launchpool a lot more, it gives me the freedom to see myself and not limit me to a box.
member
Activity: 214
Merit: 10
September 03, 2024, 09:50:59 AM
#13
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.
Binance can try to complicate this but launchpad and lauchpool are different and I think OP understand their differences.

Lauchpool comes after a coin has been created already. It is a rewarding pool that encourages people to stake their coins. But if it is launchpadl, there is no staking for earning, what to do is to buy the coins, the remaining money that is not used for the buy would be sent back to you after the launch of the coin.

In launchpad the coin is just about to be created.
In lauchpool the coin has been created but just for you to stake the coins to earn reward.

So the earning of reward in both are different.

Thanks for making it clear! I myself would choose launchpool Grin Who knows what will happen with the coin after the launch.

Since launchpool is zero risk, I guess anything that happens after launch shouldn't matter. But I'll suggest you participate in one that the project has good utilities.. The one OP is considering is Metacene launchpool on Bitget.. the project has gamefi affiliations with good gameplays & gaining popularity atm..would be a Smart choice to accumulate via the initiative imo

copper member
Activity: 168
Merit: 4
September 03, 2024, 05:39:05 AM
#12
There is no difference between these two, you are going to need the platform actual tokens in stake, and this is a time based way to have a slot for the new token launch.

The best advice I can give is to use the best launch pads, Binance exchange is one of them, followed by seedify, these are my two best based on the past successful projects they bring into the public.

Past success wise, Binance and Seedify stands out among the rest, most of them projects are now big today, still surviving.

Didn't hear about Seedify in the past, thanks for the heads up!
sr. member
Activity: 812
Merit: 315
Vave.com - Crypto Casino
September 03, 2024, 01:57:21 AM
#11
There is no difference between these two, you are going to need the platform actual tokens in stake, and this is a time based way to have a slot for the new token launch.

The best advice I can give is to use the best launch pads, Binance exchange is one of them, followed by seedify, these are my two best based on the past successful projects they bring into the public.

Past success wise, Binance and Seedify stands out among the rest, most of them projects are now big today, still surviving.
hero member
Activity: 2212
Merit: 805
Top Crypto Casino
September 02, 2024, 04:20:58 PM
#10
Based on my experience from using Binance Launchpool + Launchpad (Haven't used Bitget's launchpool/launchpad).

Launchpad projects had the biggest yield in terms of ROI. I reckon that this is due to dilution as Launchpool encourages wider participation from the community whereas, launchpad are based on lotteries so the dilution is kept to a minimum for all who gets in. That in turn means more ROI. There's always a chance that the project might not do well. That's something to keep in mind.

Launchpool on the other hand poses almost zero risk (aside from the staked token losing value through price drops).
copper member
Activity: 56
Merit: 1
September 02, 2024, 02:29:51 PM
#9
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.

They are not the same, Launchpool was farming newly launch tokens through staking tokens set by the exchange or the DeFi introducing it while launchpad is like the typical IDO which user purchased newly launch token directly by tokens/coins.

To sum it up;

Launchpool - farming new tokens through staking
Launchpad - is a platform that let users buy new tokens using tokens.

Staking & buying.

Elegantly put. Thanks for it!
hero member
Activity: 1120
Merit: 554
🇵🇭
September 02, 2024, 08:19:37 AM
#8
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.

They are not the same, Launchpool was farming newly launch tokens through staking tokens set by the exchange or the DeFi introducing it while launchpad is like the typical IDO which user purchased newly launch token directly by tokens/coins.

To sum it up;

Launchpool - farming new tokens through staking
Launchpad - is a platform that let users buy new tokens using tokens.

Staking & buying.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
September 02, 2024, 06:27:22 AM
#7
for an alt that promises great return but as a side thought I'm really curious if a launchpad or launchpool is more rewarding and if it varies per token and all
From my understanding, launchpad is when you purchase into a project that is relatively new while launchpool allows you to stake in order to get more free tokens. Not sure which one is more preferable because it probably depends on your goals and preferences. Obviously each one has their own unique risks you need to take in to consideration.
copper member
Activity: 56
Merit: 1
September 02, 2024, 04:00:56 AM
#6
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.
Binance can try to complicate this but launchpad and lauchpool are different and I think OP understand their differences.

Lauchpool comes after a coin has been created already. It is a rewarding pool that encourages people to stake their coins. But if it is launchpadl, there is no staking for earning, what to do is to buy the coins, the remaining money that is not used for the buy would be sent back to you after the launch of the coin.

In launchpad the coin is just about to be created.
In lauchpool the coin has been created but just for you to stake the coins to earn reward.

So the earning of reward in both are different.

Thanks for making it clear! I myself would choose launchpool Grin Who knows what will happen with the coin after the launch.
legendary
Activity: 1512
Merit: 4795
Leading Crypto Sports Betting & Casino Platform
September 02, 2024, 03:30:49 AM
#5
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.
Binance can try to complicate this but launchpad and lauchpool are different and I think OP understand their differences.

Lauchpool comes after a coin has been created already. It is a rewarding pool that encourages people to stake their coins. But if it is launchpadl, there is no staking for earning, what to do is to buy the coins, the remaining money that is not used for the buy would be sent back to you after the launch of the coin.

In launchpad the coin is just about to be created.
In lauchpool the coin has been created but just for you to stake the coins to earn reward.

So the earning of reward in both are different.


Some other exchanges do the same activities that's also carried out on launchpad on their own launchpool, where the reward to give to a participant will be determined based on the total amount staked and the number of participants involved.
On exchanges that I have seen both before, they are always together. Even if it is separate, they are separated on the same place just like a website with an ICO, that later started staking after the creation of its coin or token. Which means they are still together in the same place but differentiated.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
September 01, 2024, 09:27:07 PM
#4
if launchpool is so hyped, the reward you gonna be getting will be small, since launchpool literally just divide the pooled rewards to as much stakers, expect for the worse.

this past few months i've been joining various launchpool and only gotten really small reward just few dollars, the staking market is too saturated right now, whether it's launchpool or launchpad there's no difference at all you don't expect that much APR.
but if you just want to stake your money because you didn't really need it anyway. I think just follow launchpool that allow stablecoin staking is a good way for you.

since launchpad in a nutshell is raising fund from user while launchpool is distributing token to stakers, launchpool is definitely better, no risk involved at all beside depeg of the stablecoin.
hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
September 01, 2024, 08:48:12 PM
#3
Man, we've got a lot of launchpools and launchpads with several exchanges and I know that you're specific on this and probably you're one of them that you're working for. I like Binance and they have given me significant rewards for what I have staked there with my BNB and when I tried the other exchanges, they've got their own native tokens or the casual ones that they support.

In my experience, I really like when I was able to make some pennies there and while we're in the bull, everyone can enjoy it while it's there. Not all of the time these rewards are going to be decent whether it is with Binance or with the exchange that you're supporting. As long as you're making some good returns there or pennies to be honest, you're still at gain as long as you're above your losses already.
sr. member
Activity: 658
Merit: 387
September 01, 2024, 01:59:06 PM
#2
I don't think there is any major difference between launchpad and launchpool, just that most exchanges make use of the name differently.
 
Before, what Binance made use of for staking and rewarding early investors with the new project that they staked upon was launchpool, but since I started seeing the word "launchpad," I have not seen Binance conduct any launchpool again.
 
Some other exchanges do the same activities that's also carried out on launchpad on their own launchpool, where the reward to give to a participant will be determined based on the total amount staked and the number of participants involved.

The above is just my thought and observation; if there are real differences, I will love to read about them here.
newbie
Activity: 28
Merit: 0
September 01, 2024, 01:41:33 PM
#1
I know both involve staking a certain token maybe USDT, ETH or sometimes the exchanges native token but I always get the sense that a launchpool gets more hype than a launchpad but I've never really thought about it.

I plan to participate in this this launchpool for an alt that promises great return but as a side thought I'm really curious if a launchpad or launchpool is more rewarding and if it varies per token and all

Y'all can share your thoughts and experiences
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