Binance Launchpool is a platform that allows users to earn new cryptocurrencies. This allows users to acquire new tokens by staking BNB, BUSD and other tokens. Launchpool helps users discover new projects at an early stage and monetize them. Projects added to Launchpool receive greater overall visibility. In this article, we will talk about some projects that are candidates to be listed on Binance Launchpool according to CryptoRank.
Candidate projects to be listed on Binance Launchpool
Binance Launchpool is a platform that allows users to earn by investing in newly released cryptocurrencies. On this platform, users participate in the distribution of new tokens by staking their BNB, BUSD and other tokens. With Launchpool, users have the chance to discover new and high-potential projects early and earn profits by investing. According to CryptoRank.io, here are some very promising projects that are ready to join the Binance Launchpool:
First stage:
- LayerZero: It is an interoperability project that offers a solution for transferring value between multiple blockchains. LayerZero can help make the cryptocurrency ecosystem more efficient and useful by making it easier to transact across different blockchains.
- Monad: Monad is a decentralized, developer-focused layer 1 smart contract platform that ushers in a new probabilistic paradigm through pipelined execution of Ethereum transactions.
- xterio: Xterio is a game developer and publisher with a global team footprint.
Second stage:
- Puffer Finance: It is a liquid restaking project for the Ethereum blockchain. Puffer Finance can help increase liquidity by allowing users to earn additional returns on the tokens they stake.
- Milkyway: It is a liquid staking protocol based on Celestia.
- Initia: Initia is a blockchain platform designed to facilitate Blockchain development by fostering a network of interconnected Layer 2 (L2) blockchains.
- Babylon: Babylon is a community-led asset management protocol that allows users to create investment clubs called Gardens and invest in DeFi together.
- stakestone: STONE is a non-rebase ERC-20 token with the same mechanism as Lido’s wstETH in terms of yield generation.
- Subject to: Tabi Chain ($TABI) is a scalable, EVM-compatible blockchain built on Cosmos SDK and CometBFT consensus engine
Third stage:
- zkPass: It is a digital identity solution that allows users to make transactions without revealing their identity information. zkPass can help increase users’ privacy and security.
- Tea: It is a cryptocurrency that provides governance on Tea Protocol.
- KiloEx: It is a decentralized exchange
Participation in Launchpool
To join Launchpool, you must first have a Binance account. If you have an account, you can go to the Launchpool page and see a list of current and completed projects. After choosing a project you want to participate in, you need to choose BNB, BUSD or other tokens to stake. To earn from Launchpool, you need to hold your stakes. As long as you keep your stakes, you will earn new tokens. Your earnings will depend on the amount of tokens you stake and the performance of the project.
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