Binance Launchpool, a possible earning opportunity?

[tjtonmoy]

Join the trend, make a profit, get out. Those new projects that are listed into Binance have no purposes as you have already mentioned but the involvement of the world's top centralized exchange platform really boost them. Investors like you are there to take the advantage and make a profit and then sell everything to exit. Those who look for long-term investment profit in those projects are the ones who will face loss in the end.

If you can manage to take the advantage and exit quickly after making the profit, then it's all good. Follow the trend and sell when it's time. This is a skill that is hard to master. So I will not recommend this to everyone. If you have the skill only then you should get yourself involved in this.
Not your financial advisor. Do your own research.

[1714696624]

1714696624

[Ultegra134]

It is absolutely worth it, particularly if you already have the relevant assets (i.e. BNB, TUSD, FDUSD etc.) on Binance. If you do, then it's free money, and can amount to quite a bit. Although it's risky when the market is very volatile and upward trending, I did find it profitable to move some other assets into BNB just to participate in the launchpools / launchpads. I tried a range of other well-known launchpads over the last 4 years, but none of them achieved the return as with the Binance launchpools (mostly due to the lock-up period imposed on other launchpads vs. none on Binance)

Used to have TUSD, Binance's Launchpool was the only reason I was keeping them. I've switched to FDUSD now, because TUSD was often below the $1 peg, losing as much as $10 on a few thousands worth of stablecoins was a little annoying. USDT and FDUSD staking offer quite decent APYs at the moment, thus, there certainly is some risk involved, in terms of opportunity cost.

I don't really like the Binance launchpool because it is only for those that have large tokens to stake for them to have more bigger positions in the launch pool. The more tooken you stake the more liable and position one is going to get for a bigger spot.
For their users that have little amount to stake, they will not get upto a reasonable amount they can hold before the project is launched.
The only way to calm new tokens that is going to be launched and shared through the launched pool is to join the pool.

That's how the world goes around, your earnings are correlated on how much capital you have, just because you have a smaller capital doesn't mean you're prohibited from the Launchpool nor from the earning opportunities.

Well, it's still risky especially if you stake BNB instead of the stables. Right now it's farming AI and if you have good amount of assets to stake that will be worth it but even I've been farming for over $4k in the end I just get around maximum of $100 when the token gets listed out there. It's worth a try if you're early, if you have lot of assets to stake at all.

That's a decent profit for such a short time period. I've made over $250-$300 from the Launchpool projects, with a smaller capital than yours, not too shabby.

[pvk444]

I don't really like the Binance launchpool because it is only for those that have large tokens to stake for them to have more bigger positions in the launch pool. The more tooken you stake the more liable and position one is going to get for a bigger spot.
For their users that have little amount to stake, they will not get upto a reasonable amount they can hold before the project is launched.
The only way to calm new tokens that is going to be launched and shared through the launched pool is to join the pool.

That seem to me a general issue, not related to Binance or it's launchpools: the more you own (or put it differently, the more you can risk), the higher the potential rewards. Show me one, just one, alternative where you can get a lot of (certain) reward with only a little investment. Sure, you can invest in a coin that suddenly explodes in price, but to find one of those is like winning in lottery. And for every to-the-moon coin, you have hundreds if not thousands similar ones that are scams or go bust.

[albon]

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

I had tried participating in a project's launchpool, using the USDT, which the FDUSD has now replaced. Participation was useless because those who staked the USDT only received 20% of the allocation of the project's tokens. As for those who stake the BNB, they received 80%, and what I found frankly is that whales and those who have large amounts of money will have this matter profitable for them, as they will receive a large percentage of the allocations thanks to the vast capital that they have and their possession of a large number of BNB. As for those with small capitals and those holding stablecoins, the situation is different for them, and what I see is that the price of BNB may move upward immediately after Binance starts launching the project on the Launchpool and after Launchpool ends and the project's taken be listed on Binance, whales may start selling incrementally, which could lead to a massive loss for BNB holders more than the profits they made from Launchpool, I generally do not prefer tokens backed by centralized exchange platforms.

[Ben Barubal]

  In terms of earnings, you can actually get rewards from those; it's impossible to have nothing as long as you allocate an investment amount here. But of course, like the traditional way, if the capital you set aside for their launchpad is big, the profit you will get is also big, and if it is small, don't expect that you will get a lot.

  That is to say, whatever measure you used is the same measure that will be used for what you earned here. That's the only logic I've seen in what Binance Launchpad is doing; it's based on what I experienced on their platform before.

[AmoreJaz]

 In terms of earnings, you can actually get rewards from those; it's impossible to have nothing as long as you allocate an investment amount here. But of course, like the traditional way, if the capital you set aside for their launchpad is big, the profit you will get is also big, and if it is small, don't expect that you will get a lot.

  That is to say, whatever measure you used is the same measure that will be used for what you earned here. That's the only logic I've seen in what Binance Launchpad is doing; it's based on what I experienced on their platform before.

also do remember, it depends also in the investment that you will choose and opt to hold.  not all projects in the launchpool are worth holding long-term even if we say it is on binance.

as i said, there's no guarantee that every project in binance will be worth holding onto. and much better if you will also do your own due diligence when it come to searching for worthwhile projects.

[GreatArkansas]

(...)

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

For me, it's good. The only difficult here is you use a non-stablecoin asset during launch pool. Because you could lose its value over time just to be able to get the new coins and sometimes it's not worth it or you will lose more.
Another thing is after the launch pool or during, for me it's better to take profits like sell some of new tokens you got from launchpool, it's good to take profits.

[el kaka22]

I wouldn't say "risk-free" but it is definitely a likely outcome that they would go up after release, which means that you do have a chance to make a profit. I know that many people approach it carefully because you are basically investing your money into something that doesn't even exist on any level, and just betting your money that when it is released, so basically when it starts to exist, it will worth more than you invested.

That does make some people some money, but there are plenty of projects that just crashed to zero as well, it is not unheard of and that's why many fear it. I would suggest if anyone cared to join this, then it would be a smart move to just focus on making money based on small capital, just put very little into them.

[LogitechMouse]

~
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?

I tried the last one which is the Fusionist (ACE). I only bought 100$ worth of BNB and staked it there for the whole 5 days. For the whole 5 days, I only get I think around 0.24 ACE which is immediately sold for around 4$. It's my first time joining the launchpool, and it's risk-free. If you're a long-time holder of BNB, joining this launchpool would be beneficial for you because it's free money.

The only risk with this one is the fact that the price of BNB might go down anytime. I don't know if you can take out your BNB or stablecoins during the farming time. Launchpool a possible earning opportunity? Yes because it's kind of airdrop in the sense that they are giving you free tokens that already have a value because, in the future, these tokens will be listed on the exchange.

Is it worth it? As I said, if you're not a long-term holder of BNB, and you will just buy BNB for the sake of the launchpool like me, it isn't worth it, but aside from that, if you have many BNB in your portfolio then it's good to park it into these type of projects. Take note that the bull run is coming so we might see many projects that will be launched under Binance Launchpool. Maybe it's the time to buy? 

[Ultegra134]

I had tried participating in a project's launchpool, using the USDT, which the FDUSD has now replaced. Participation was useless because those who staked the USDT only received 20% of the allocation of the project's tokens. As for those who stake the BNB, they received 80%, and what I found frankly is that whales and those who have large amounts of money will have this matter profitable for them, as they will receive a large percentage of the allocations thanks to the vast capital that they have and their possession of a large number of BNB. As for those with small capitals and those holding stablecoins, the situation is different for them, and what I see is that the price of BNB may move upward immediately after Binance starts launching the project on the Launchpool and after Launchpool ends and the project's taken be listed on Binance, whales may start selling incrementally, which could lead to a massive loss for BNB holders more than the profits they made from Launchpool, I generally do not prefer tokens backed by centralized exchange platforms.

That's something I also noticed, and it's a bummer. I believe that all their launch pools are run that way. I don't have much BNB either—less than a single coin, to be honest. There are currently 14 million BNB staked in Sheepless AI and approximately 2 billion in the other two stablecoins together. With BNB worth approximately $300, it's over 4 billion dollars worth of BNB staked. They're practically encouraging you to acquire BNB to receive more tokens from Launchpools, something I'm not too fond of because the risk-free term ceases to apply.

I wouldn't say "risk-free" but it is definitely a likely outcome that they would go up after release, which means that you do have a chance to make a profit. I know that many people approach it carefully because you are basically investing your money into something that doesn't even exist on any level, and just betting your money that when it is released, so basically when it starts to exist, it will worth more than you invested.

That does make some people some money, but there are plenty of projects that just crashed to zero as well, it is not unheard of and that's why many fear it. I would suggest if anyone cared to join this, then it would be a smart move to just focus on making money based on small capital, just put very little into them.

I already had some BNB and a few thousand stablecoins. The only risk involved with a project not hitting off is the potential loss of income that I'd receive from other staking sources. Right now, for instance, USDT and FDUSD have a decent APY; if I made more through them during the launchpool staking period rather than with the launchpool tokens, then it was a failure.

I tried the last one which is the Fusionist (ACE). I only bought 100$ worth of BNB and staked it there for the whole 5 days. For the whole 5 days, I only get I think around 0.24 ACE which is immediately sold for around 4$. It's my first time joining the launchpool, and it's risk-free. If you're a long-time holder of BNB, joining this launchpool would be beneficial for you because it's free money.

The only risk with this one is the fact that the price of BNB might go down anytime. I don't know if you can take out your BNB or stablecoins during the farming time. Launchpool a possible earning opportunity? Yes because it's kind of airdrop in the sense that they are giving you free tokens that already have a value because, in the future, these tokens will be listed on the exchange.

Is it worth it? As I said, if you're not a long-term holder of BNB, and you will just buy BNB for the sake of the launchpool like me, it isn't worth it, but aside from that, if you have many BNB in your portfolio then it's good to park it into these type of projects. Take note that the bull run is coming so we might see many projects that will be launched under Binance Launchpool. Maybe it's the time to buy?  

Certainly not. I wouldn't purchase BNB in hopes of receiving greater returns on some random token; I already have some from the past, so it eventually pays off. The risk of BNB losing its value is far greater than what these tokens are worth. It's a great opportunity for long-term holders and supporters of BNB, and now that I'm thinking of it, if I had noticed from scratch how the rewards are allocated, I possibly would have bought some more BNB when it was more affordable.

[Hildentine]

Binance launchpool it's a very great opportunity to binance users binance is a big exchange and they are announced project launchpool definitely they give profit to there users other wise some are not give expected profit but more are give there users good profit but it's depends your fund if you are fund is big so your reward is big .

[johnsaributua]

Yes, this Fusionist ace as far as I know was airdropped last year, even some collectors in my country were able to buy 5-7$ each ace. I regret not participating in the hunt and claiming it, it was beyond prediction. If you talk about capital and choose a launchpad like you, I don't have that much money, binance usually has a very small percentage of capital, which initially held bnb for the launchpad, it was not continued because of the little that was obtained. Although currently down ace is stable even though it has entered $10, ace is a good product in addition to binance output, it is not a benchmark because a good project depends on the dev and community, if in the future there is something like ace it might be effective if you join the airdrop, buy fellow users and join the launchpad. I invest and know my risk before buying.

Launchpad is a middle solution that cex offers by not reducing the number of assets (stake), if the price value is yes, it depends on the trend because it fluctuates. I also want to participate diligently but can't do much.

[oktana]

Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.

[pvk444]

Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.

What risks are there? Please elaborate! Under the assumption that you are anyway invested in BNB on Binance, there is zero risk in participating in a launchpool. It's literally free money you get. In the case of a launchpad, you have a small risk during the calculation period where your BNB is locked for a few hours, but that's it. The BNB you pay for the new coins in a launchpad event are a fraction of the value of the coins you get, and since there is no lock-up period, you can immediately monetize the difference. So that's as much of a risk-free opportunity as you will ever get!

[fapar]

Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.

Partially, you can reduce investments in the Launchpool by the fact that you can participate in the projects listed in Binance Incubation. With a high degree of probability, such projects are carried out by rewarded testnets, and thus we can receive a certain number of project tokens almost without investment. After announcing the launch of a project in the Launchpool, we can purchase another portion of the tokens.

[pvk444]

...
I already had some BNB and a few thousand stablecoins. The only risk involved with a project not hitting off is the potential loss of income that I'd receive from other staking sources. Right now, for instance, USDT and FDUSD have a decent APY; if I made more through them during the launchpool staking period rather than with the launchpool tokens, then it was a failure.

That literally never has happened! Just as a comparison, here are some numbers for the recent launchpool for NFP. FDUSD staking income is 11.87% yearly. Over a period of 7 days, and assuming you invest 10k FDUSD you "loose" (opportunity cost) 22 FDUSD. For that, you got about 118 NFP, which could be sold at launch for about 1.1 FDUSD / NFP, so about 6 times as much as the opportunity cost. And this is the norm, not an exception. And btw, in case you use BNB, you can keep them in the earning account and still receive the airdrops, so there is zero opportunity cost there.

[Kelward]

Similar to other capital attraction platforms, launchpool also has its own challenges. In cases where the participation volume is too large, there are not too many expectations of profits, and there are also risks when BNB price drops, priority with stable pools is really too narrow. But it is an investment that has the potential to increase profits and risks, so if you accept it, I think there is not too much to think about. And with Binance, their reputation has been proven, pumping is good but remember that anything can happen with centralized services. FTX is a more realistic example for us. But of course, at this stage I also have to admit that the chances of making a profit are better.

I can risk to put my money on a project that has affiliate with Binance, because they've built a solid reputation in the crypto space, although i presently don't have interest in this launchpool, but I can't deny it's potentials to be profitable. I can only echo what the knowledgeable people in crypto would say, that you should stake the money that you can afford to loose, because afterall nobody can deny the risks that's associated with anything that has to do with cryptocurrencies. So let the launchpool potential perticipants do there research and decide whether they're good for it or not.

[Ultegra134]

That literally never has happened! Just as a comparison, here are some numbers for the recent launchpool for NFP. FDUSD staking income is 11.87% yearly. Over a period of 7 days, and assuming you invest 10k FDUSD you "loose" (opportunity cost) 22 FDUSD. For that, you got about 118 NFP, which could be sold at launch for about 1.1 FDUSD / NFP, so about 6 times as much as the opportunity cost. And this is the norm, not an exception. And btw, in case you use BNB, you can keep them in the earning account and still receive the airdrops, so there is zero opportunity cost there.

That's true; with BNB, you can even stake with a locked-in period and still be eligible for launchpool rewards, which is great. I was disappointed when launchpool projects started pouring in because I had just locked my BNB for 30 days. Then I realized that I'm receiving both BNB and the newly listed tokens. This is literally the definition of risk-free if you're staking or holding BNB. I made a quick $60 with NFP, and I'm anticipating earning more through the Sheepless AI, which is to be listed for trading on Binance in 2 days from today.

Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.

Please explain, because you either haven't understood how the launchpool works or you messed up by buying BNB just to stake the new coins and were disappointed to find that the token you staked for was a flop and/or your BNB lost value and you decided to sell, which is purely your fault. Not all projects thrive, but from my experience, most are worth it.

The launchpool isn't a panacea, and the majority of us cannot fully take advantage of it because we don't have extravagant amounts of BNB, but still, there are opportunities and money to be made.

[cryptoaddictchie]

Is it worth it? As I said, if you're not a long-term holder of BNB, and you will just buy BNB for the sake of the launchpool like me, it isn't worth it, but aside from that, if you have many BNB in your portfolio then it's good to park it into these type of projects. Take note that the bull run is coming so we might see many projects that will be launched under Binance Launchpool. Maybe it's the time to buy? 

Well thats right. If you arent a holder of bnb for a long time and wanna try it just to get some new tokens and this isnt for you. Some already ripping it as they buy bnb during super cheap and just getting reward on every binance open on launchpool. Well thats really the reality since they got tons of bnb. I have too but not so many enough to get some decent profits from their launchpool and also I also sold it to usdt sometime or bnb to make an increase in my staked too. I think its really time to buy bnb since most launchpool now are ongoing and might see a continous projects on their way.

[oktana]

That literally never has happened! Just as a comparison, here are some numbers for the recent launchpool for NFP. FDUSD staking income is 11.87% yearly. Over a period of 7 days, and assuming you invest 10k FDUSD you "loose" (opportunity cost) 22 FDUSD. For that, you got about 118 NFP, which could be sold at launch for about 1.1 FDUSD / NFP, so about 6 times as much as the opportunity cost. And this is the norm, not an exception. And btw, in case you use BNB, you can keep them in the earning account and still receive the airdrops, so there is zero opportunity cost there.

That's true; with BNB, you can even stake with a locked-in period and still be eligible for launchpool rewards, which is great. I was disappointed when launchpool projects started pouring in because I had just locked my BNB for 30 days. Then I realized that I'm receiving both BNB and the newly listed tokens. This is literally the definition of risk-free if you're staking or holding BNB. I made a quick $60 with NFP, and I'm anticipating earning more through the Sheepless AI, which is to be listed for trading on Binance in 2 days from today.

Wtf do you mean risk free? Sorry to use hard language but just know that there are many people who lose their money. I’ve had bad experience with binance launchpad that I do not participate in it anymore. And even if I will, a super tiny amount will do. Any crypto listed on Binance launchpad is normally so volatile and needs a lot of caution. I’m happy for you as you’ve been making profits, but please don’t think it’s risk-free money. Be very careful when investing and only what you can afford to lose should be invested.

Please explain, because you either haven't understood how the launchpool works or you messed up by buying BNB just to stake the new coins and were disappointed to find that the token you staked for was a flop and/or your BNB lost value and you decided to sell, which is purely your fault. Not all projects thrive, but from my experience, most are worth it.

The launchpool isn't a panacea, and the majority of us cannot fully take advantage of it because we don't have extravagant amounts of BNB, but still, there are opportunities and money to be made.

Well, I was rather talking about when the launchpad project goes live and gets listed and you trade it. What happened to me was trading a token that just finished their launchpad. That’s where I meant risk. So, I reread and understood that OP is talking about the calculation period of 30 days which happens before the token listing. However, there’s still risk because you’re doing this on a centralized exchange. What if something happens and there comes a story saying that the money in the vault where people staked their BNB has this or that issue or hack? Doing anything in a centralized exchange is by default a risk. Honestly.