What’s your take on Launchpools ?

[Tom Ronald]

I remember when I started participated in launchpools, personally it one of the avenues i take to maximize my tokens. I even told one of my friends but then but he seemed less interested he didn’t like the idea of locking up one’s allocation while on the flipside, i hop on any opportunity offered by my exchanges to lock and get more.

As opposed to memecoin trading that can be highly profitable and highly risky as well, I prefer launchpools as they are less risky. Though I haven’t participated in any this year but when i saw OBOL on Bitget launchpool, i thought to start with it this year. I’ve also participated in Bybit lauchpool as well to see which one i would prefer. Traders often have mixed sentiment about this but what’s your take ?

[MAAManda]

In the last 1-2 years, Launchpool is no longer as hyped as it used to be. Previously, Launchpool was one of the programs that crypto enthusiasts were waiting for. That's because none of those projects failed, and they even proved to be able to provide a fairly large ROI percentage when compared to regular trading. I personally don't see any more excitement, because the lack of excitement is what can make the ROI potential even smaller, so I don't think launchpools are sexy anymore .

[TastyChillySauce00]

Great if you have money lying around unused.

However need to remember that most of launchpools are now giving out peanut as a reward, too much whales staking their money in there the pool become too diluted, if the pool is capped and stakers are limited i will follow the launchpool even if it's FCFS.
But if the pool is uncapped and the project is so popular, big chance you'll only get pennies for staking a whole month even with 10k dollars.

[Bournesparks]

In the last 1-2 years, Launchpool is no longer as hyped as it used to be. Previously, Launchpool was one of the programs that crypto enthusiasts were waiting for. That's because none of those projects failed, and they even proved to be able to provide a fairly large ROI percentage when compared to regular trading. I personally don't see any more excitement, because the lack of excitement is what can make the ROI potential even smaller, so I don't think launchpools are sexy anymore .

Some not all, some launchpools are still sexy trust me.. from stats, last 9 Bitget launchpools have had at least 35% ROI. That's quite generous imo and now there's some coming OBOL launchpool. I've already positioned myself by locking BGB. I've got high hopes on this though.

[Tom Ronald]

In the last 1-2 years, Launchpool is no longer as hyped as it used to be. Previously, Launchpool was one of the programs that crypto enthusiasts were waiting for. That's because none of those projects failed, and they even proved to be able to provide a fairly large ROI percentage when compared to regular trading. I personally don't see any more excitement, because the lack of excitement is what can make the ROI potential even smaller, so I don't think launchpools are sexy anymore .

Yeah, that’s true the hype around Launchpools isn’t what it used to be compared to few years ago but I wouldn’t cancel them out in my opinion because that reduced hype might actually be a good sign, you know less noise means less competition which is a better chance to make a good ROI.