CoinCheckup

Tag: Launchpool

  • Bitget introduces Monad (MON) with 25 million token rewards through Launchpool

    Bitget introduces Monad (MON) with 25 million token rewards through Launchpool

    Key takeaways

    • Users can earn part of a 25 million MON reward pool by locking BGB or MON tokens until November 30
    • Monad aims to deliver up to 10,000 TPS with sub-second finality and low fees for DeFi and high-frequency applications
    • Two pools are available: 24.14 million MON for BGB staking and 858,000 MON for MON staking, with tiered entry options

    Bitget’s latest Launchpool spotlight turns to Monad (MON)

    Bitget has rolled out its newest Launchpool campaign featuring Monad (MON), an Ethereum-compatible Layer 1 blockchain designed for high-speed, low-latency decentralized applications. The initiative allows Bitget users to stake either BGB or MON tokens in exchange for a share of 25 million MON in rewards.

    The event kicked off on November 25, 2025, and will run through November 30 at 4:00 AM UTC. The allocation includes 24.14 million MON for participants who stake BGB and 858,000 MON for those locking MON. The program provides flexible participation, including both existing Bitget token holders and MON supporters.

    Details of the staking rewards

    For the BGB staking pool, the platform has implemented tiered limits based on user status from VIP0 to VIP7. The maximum lock amounts range from 5,000 BGB to 50,000 BGB depending on the user tier, while the minimum required is just 5 BGB. MON rewards are distributed proportionally based on the amount staked relative to the total pool.

    Maximum lock amounts per tier

    VIP0VIP1VIP2VIP3–VIP7
    up to 5,000 BGBup to 10,000 BGBup to 30,000 BGBup to 50,000 BGB

    A separate MON staking pool allows users to lock between 15 MON and 1.5 million MON during the same timeframe. As with the BGB pool, the distribution of rewards is calculated based on each participant’s share of the overall tokens locked.

    Monad’s blockchain goals

    Monad’s blockchain goals

    Monad sets out to improve blockchain scalability and execution, with claims of supporting up to 10,000 transactions per second and sub-second finality. Its compatibility with existing Ethereum tooling makes it appealing to developers looking for faster performance without rebuilding from scratch. The chain is built to support use cases like decentralized finance, on-chain trading, and other performance-sensitive applications.

    With a total supply of 100 billion MON, the project is positioned to cater to applications where speed, cost efficiency, and composability are critical.

    The bottom line

    Bitget’s Launchpool listing of Monad offers its users early access to a new high-throughput Layer 1 blockchain while providing flexible incentives for both BGB and MON holders. With two parallel reward pools and a structured campaign duration, the initiative aims to drive interest in Monad’s technology and grow its user base ahead of future development milestones.

  • Earn Free TANSSI Tokens: Bitget Launchpool Opens New Staking Opportunity

    Earn Free TANSSI Tokens: Bitget Launchpool Opens New Staking Opportunity

    Earn Free TANSSI Tokens: Bitget Launchpool Opens New Staking Opportunity

    Key takeaways

    • Bitget Launchpool adds TANSSI token, offering staking options in USDT and BGB starting July 8
    • Users can earn TANSSI rewards by staking with no lock-up period and real-time reward distribution
    • TANSSI aims to build an AI-powered digital entertainment ecosystem focusing on virtual humans

    TANSSI joins Bitget Launchpool with two staking options

    Bitget has announced and added TANSSI (TANSSI) to its Launchpool, allowing users to earn TANSSI tokens by staking either USDT or BGB. The new pool went live on July 8 at 3:00 AM UTC and will continue until July 12, 3:00 AM UTC. Rewards will be distributed daily in real-time based on users’ staking amounts.

    Users can participate in the TANSSI Launchpool by staking as little as 100 USDT or 100 BGB. There’s no lock-up period, and tokens can be unstaked at any time, offering flexibility for participants. According to Bitget, the total TANSSI reward allocation for the pool is 2,083,333 TAN, split equally between the USDT and BGB pools.

    The exchange has also confirmed that trading for TANSSI will begin on July 12 at 11:00 AM UTC, with USDT as the trading pair. Withdrawals will be available starting July 13 at 12:00 PM UTC.

    Key information for Tanssi launchpool:

    Start DateJuly 9, 2025, 11:00 AM UTC
    End DateJuly 19, 2025, 11:00 AM UTC
    TANSSI Pool Rewards888,000 TANSSI
    CandyBomb Event Rewards7,990,000 TANSSI
    Total TANSSI Rewards8,878,000 TANSSI

    What is TANSSI?

    TANSSI is described as a decentralized infrastructure project focused on developing an AI-driven digital entertainment ecosystem. Central to the project is its use of “Virtual Humans,” which are intended to represent a new category of digital beings that can operate autonomously within virtual environments.

    The team behind TANSSI aims to utilize AI to create more immersive experiences in entertainment and online interaction. According to project details, the long-term goal is to establish a sustainable virtual economy supported by tokenized incentives and open participation.

    Bitget continues to expand its Launchpool lineup with projects across different use cases, and the TANSSI integration reflects a growing interest in AI and virtual environments within the crypto space.

    The bottom line

    Bitget’s latest Launchpool initiative offers an accessible way for users to engage with the TANSSI project while earning new tokens through staking. With no lock-up period and real-time rewards, the campaign lowers the barrier to entry for users interested in exploring AI-driven digital ecosystems. As trading for TANSSI opens on July 12, the listing could serve as a key indicator of broader market interest in this emerging sector.

  • Hashflow, a Multi-Chain Decentralized Trading Protocol, Is the Latest Binance Launchpool Project

    Hashflow, a Multi-Chain Decentralized Trading Protocol, Is the Latest Binance Launchpool Project

    Hashflow (HFT) gets listed on Binance cover image

    Key takeaways:

    • The Binance Launchpool Hashflow campaign started yesterday
    • Binance users will able to farm HFT tokens with their BNB and BUSD until November 30
    • Hashflow (HFT) will be listed in Binance’s Innovation Zone on November 7

    Hashflow (HFT) gets listed as the 31st Binance Launchpool project

    After a several months long hiatus, Binance has revealed the 31st blockchain project to get featured on Binance Launchpool, a platform that lets early investors generate liquidity for innovative, up-and-coming crypto projects, and earn crypto tokens in exchange.

    The Launchpool for Hashflow (HFT) started on November 1, at 00:00 UTC, and is slated to run for 30 days. On November 7, at 13:00 UTC, Binance will list HFT, the project’s native utility and governance token in the Innovation Zone, and open HFT/BTC, HFT/BUSD, and HFT/USDT trading pairs.

    The token generation event will see 1,000,000,000 HFT minted, with 1.5% of the genesis supply being allocated for Launchpool investors. In other words, 15,000,000 HFT will be distributed to Hashflow ICO investors staking their BNB and BUSD on Binance. 80% of the entire HFT farm amount will go towards BNB farmers, while the remaining 20% will be distributed to BUSD users. The Hashflow farm campaign is available exclusively to registered Binance users.

    Create Binance Account

    What is Hashflow?

    Hashflow is an interoperable decentralized trading protocol supporting Ethereum, BNB Chain, Polygon, Avalanche, Arbitrum, and Optimism. The zero-slippage interoperability trading platform has facilitated $10 billion in trading volume since its launch last year.

    Governance rights in the Hashflow network are determined by the amount and duration of HFT staked. “Staking tokens will grant users the right to vote and manage the future of the protocol. This includes decisions relating to protocol fees, marketing, and code development,” wrote Binance in its Hashflow research piece. 

    The latest project to get featured on Binance Launchpool, Hashflow enables DeFi users to swap crypto assets between chains in minutes without the need for external token bridges. 

    It is worth noting that HFT tokens have been available to private investors at a Hashflow price of $0.02, $0.10, and $0.40 during three rounds of private sales. In total, the team raised roughly $28 million in the sale of 25% of the total supply to private investors.

    Binance’s Hashflow Launchpool is the exchange’s first farming event in six months

    The listing of Hashflow on Binance Launchpool comes roughly six months after the conclusion of the Project Galaxy framing campaign. The reason for the long hiatus likely lies in the fact that the crypto markets have been facing severe bearish activity in the second half of 2022.

    The price of the BNB token, which can be used to farm Hashflow crypto tokens, increased by more than +10% in the last 24 hours, largely ignoring the broader negative market trend.

  • Web3 Gaming Content Platform FreshCut (FCD) Debuts on Bybit Launhcpool

    Web3 Gaming Content Platform FreshCut (FCD) Debuts on Bybit Launhcpool

    Image Source: Bybit

    Key takeaways:

    • FreshCut is a Web3 and FCD powered gaming platform looking to increase fan engagement and put a spotlight on smaller content creators
    • FCD is the native utility and governance token of the FreshCut platform; 2.625 million tokens will be distributed during the Launchpool program
    • FCD Launchpool program started on May 10 and will run until May 19

    Bybit users can farm FreshCut’s incentive and governance FDC tokens until May 19

    FreshCut, a platform looking to unite gamers and creators using short-form content, is the latest project to be featured on the Bybit Launchpool platform. The Launhcpool program started on May 10 and is slated to remain open until May 19. Bybit users can farm the gaming platform’s native FreshCut Diamond (FCD) token by participating in BIT and FCD farming pools.

    Earn FCD on Bybit Launchpool

    FreshCut, a platform powered by the FCD token and Web3 technology, is looking to disrupt several troubling trends in the gaming industry – namely, the inability of smaller creators and gamers to reach favorable deals with leading streaming platforms such as Twitch and YouTube, and the inability of smaller channels and gaming communities to attract new viewers due to content discovery systems that favor mostly the biggest names in the industry.

    FreshCut aims to solve these problems by introducing a new form of content, which involves curated playlists featuring top gaming content, in which every creator, no matter how big or small, gets a chance to shine and reach new viewers. In addition, FreshCut is introducing a new concept, called Create-and-Earn, that incentivizes content creators to produce exciting and engaging content. Moreover, the platform features a tipping functionality to connect fans with their favorite creators and gamers.

    At the heart of the FreshCut platform is the multi-use case FCD token, which allows owners to participate in the governance aspect of the platform via FreshCut DAO. FCD can also be used for tipping, unlocking membership perks, and advertising as well as sponsorship bonuses.

    FreshCut on Bybit Launhcpool – How to Earn Crypto Rewards by Staking BIT and FCD on Bybit?

    2.625 million FCD tokens out of the total supply of one billion will be distributed during the Bybit Launchpool campaign. The project held an initial dex offering (IDO) earlier this month on Polkastarters and hit its funding goal of raising $500,000 in less than 24 hours. Also, Bybit listed FCD on May 12, allowing a broader investment audience to get access to the gaming-oriented digital asset. 

    At the time of this writing, Bybit users have the opportunity to earn a whopping 3800% APY on their FCD pool investment and 21% APY via the BIT Pool. Keep in mind that rewards are subject to change and are updated daily. The farming program will run until May 19 at 1:00 PM (UTC).

  • FreshCut on Bybit Launchpool – How to Earn Crypto Rewards by Staking BIT and FCD on Bybit?

    FreshCut on Bybit Launchpool – How to Earn Crypto Rewards by Staking BIT and FCD on Bybit?

    Image Source: Bybit

    FreshCut (FCD) is a gaming content Web3 project featured on Bybit Launchpool, a platform that allows Bybit users to earn new tokens by staking their crypto holdings into exclusive project-specific farming pools. A total of 2.625 million FreshCut Diamond tokens will be distributed via the FreshCut Launchpool program, allowing Bybit users to stake BIT and FCD to earn FCD rewards relative to the amount of funds they contributed to the pool.

    Web3 Gaming Content Platform FreshCut (FCD) Debuts on Bybit Launhcpool

    The program started on May 10 at 10:00 AM (UTC) and will run until May 19 at 1:00 PM (UTC).

    How to earn FreshCut (FCD) on Bybit Launchpool?

    Follow our step-by-step guide to learn how to earn FCD tokens on Bybit Launchpool.

    1. Register an account on Bybit and complete the verification process

    In order to participate in the FCD Launchpool, you need to open an account on Bybit and complete the Basic verification (KYC Level 1) process. 

    How to Pass KYC on Bybit?

    Once you have successfully KYC’ed your account, you can access Bybit’s full suite of products and services, including the Launchpoool platform.

    Create Bybit Account

    Bybit’s Launchpool section can be accessed by navigating to the “Earn” drop-down menu on the homepage. Here you can find the Launchpool program and various passive income generating products under the “ByFi Center” umbrella.

    2. Select the FreshCut Launchpool program and stake your BIT holdings

    The most recent Launchpool program is located at the top of the page. Bybit’s token farming platform can pay staking rewards in BIT, USDT, and the project’s native tokens. In the case of FreshCut, the rewards are paid out in the gaming platform’s native FCD governance and utility token.

    In order to begin staking, you must click on the “Stake Now” button. Keep in mind that staked funds can be redeemed at any time during the staking period. The same goes for adding new assets to the pool – you can top up your pool allocation freely. 

    Once you’ve entered the desired amount of funds you are willing to stake into the farming pool, read and agree to Bybit’s terms of service and click “Stake Now” once again to confirm your order.

    3. FreshCut Launchpool rewards calculation and token distribution

    The farming rewards and corresponding APY rates are updated daily at 12:00 AM (UTC) and are distributed among pool participants based on the amount of funds users have contributed to the pool in relation to other participants. 

    The token distribution mechanics are quite straightforward. In short, the share of rewards you are eligible to receive on a daily basis is calculated based on the total amount of crypto funds you have contributed to the farming pool. Bybit follows the following token distribution formula:

    Let’s assume that you’ve staked token α to earn a new token β:

    Your daily yield for β = (the amount of α you’ve staked to the α pool / total number of α staked to the α pool by the all participants) * daily β prize pool

    The rewards are paid to your ByFi Account. From there, you can also unstake your funds before the farming period comes to an end.

    The minimum number of tokens required to participate in the Launchpool is 100 BIT, while the maximum quantity is capped at 30,000 BIT per user.

    4. FCD farming starts on May 10 and ends on May 19

    The FCD farming program started on May 10, 2022, at 10:00 AM (UTC) and is slated to run for nine days, until May 19, 2022, at 1:00 PM (UTC). For more information about the program, click here.

    Final thoughts

    Earning new tokens by staking physical crypto assets in farming pools is one of the least volatile investments in the blockchain sector – in exchange for providing liquidity users are rewarded with risk-free yields. Thanks to Bybit’s Launchpool program, users can stake their digital holdings with no lock-up period or hidden fees to earn new tokens, which can be used for trading purposes or any other crypto use case that the earned tokens support.

  • Project Galaxy on Binance Launchpool – Earn GAL by Staking BNB, CAKE, and BUSD on Binance

    Project Galaxy on Binance Launchpool – Earn GAL by Staking BNB, CAKE, and BUSD on Binance

    Project Galaxy (GAL) is the latest blockchain project to be featured on Binance Launchpool, a platform that lets Binance users stake their digital holdings into farming pools to earn new tokens for free. A total of 3 million GAL tokens, or 1.5% of the total token supply, can be earned via Launchpool’s newest staking offering. Binance users will be able to participate in the farming pools by staking BNB, BUSD, and CAKE tokens to earn GAL tokens relative to the amount of funds they stake into pools.

    Binance Announces Project Galaxy (GAL), a Web3 Credential Data Network, as the Next Launchpool Project

    The program will start on April 29 00:00 AM (UTC) and will remain open until May 28 11:59 PM (UTC).

    How to earn Project Galaxy (GAL) on Binance Launchpool?

    Follow our step-by-step guide to learn how to earn GAL tokens on Binance Launchpool.

    1. Create an account on Binance and complete KYC

    In order to participate in the ANC Launchpool, you need to create an account on Binance. You can skip this step if you are already a registered Binance user.

    Create Binance Account

    Once you’ve completed the account registration process and supplied the required KYC information, you can proceed to the Launchpad section, which can be found by navigating to the “Earn” drop-down menu. Here you can find ongoing and past Launchpool and Launchpad projects.

    2. Select the Project Galaxy program and pick your staking method

    After locating the Project Galaxy farming program from the list of ongoing and finished Launchpad and Launchpool projects, you will need to select which token you will be using for staking purposes – BNB, BUSD, or CAKE. Keep in mind that APY rates vary by staking method.

    3. Project Galaxy Launchpool rewards calculation and token distribution

    Participation in the Anchor Protocol farming program provides Binance users with an opportunity to earn GAL tokens by staking BNB, BUSD, or CAKE. The rewards are distributed to users on a daily basis and split among pool participants based on the amount of funds they’ve contributed to the particular pool. Out of the total 3 million GAL token ready to be distributed in the program, 70% is reserved for the BNB pool, 20% for CAKE, and 10% for BUSD. Here’s a detailed distribution table provided by Binance.

    The GAL farming pools will remain open until May 28, 2022, at 11:59 PM (UTC).

    You can provide additional funds to the staking pool or choose to redeem your holdings at any point during the staking period.

    Once you’ve entered your desired staking amount, you can click the “Stake” button to start earning GAL tokens. 

    You can easily access your Launchpool and Launchpad staking history by navigating to the left side of the screen in the “Savings History” section and clicking on the “Launchpool Farming” tab.

    4. Staking program starts on April 29 and lasts for 30 days

    The ANC token farming program will commence on April 29, 2022, at 00:00 AM (UTC) and will last until May 28, 2022, at 11:59 PM (UTC). For more information about the program, please visit the Binance Announcement page.

    5. How to redeem funds? 

    Binance allows Launchpad and Launchpad participants to redeem their holdings at any point during the staking period. Binance offers two types of redemption:

    • Fast redemption – Staked funds are available instantly, however, interests from the last day are not included.
    • Standard redemption – Staked funds are available the next day, along with the full interests from that day.

    In order to withdraw your staked digital assets from the staking pool, head to the Saving section on your account page and click “Redeem”.

    Proceed by selecting your preferred fund redemption method. “Fast Redemption” allows funds to be redeemed immediately, while the “Standard Redemption” method pays out the redeemed funds on the next day, upon daily interest are calculated.

    Final thoughts

    Binance offers a comprehensive selection of passive income-generating products and services, allowing users to take full advantage of their otherwise idle digital funds. Next to Launchpool and Launchpad programs, Binance users can also participate in DeFi Staking, Savings, Dual Investment, and Liquidity Farming. Keep in mind that each service provides different earning potential, which is usually directly correlated with the risk associated with each offering.

    BNB Vault is one of the best methods to earn interest on your crypto. The service that Binance describes as a “BNB yield aggregator” combines Flexible Savings, BNB DeFi Staking, and Launchpool to provide the best APY earning opportunities for your BNB. For more information about the premier BNB investment product, click here.

  • SOUNI on Bybit Launchpool – How to Earn SON by Staking BIT on Bybit?

    SOUNI on Bybit Launchpool – How to Earn SON by Staking BIT on Bybit?

    SOUNI (SON) is an MMORPG open-world metaverse project featured on Bybit Launchpool, a platform that allows Bybit users to earn new tokens by staking BitDAO (BIT) holdings into exclusive project-specific farming pools. A total of 136 million SON tokens will be distributed via the SOUNI Launchpool program, allowing Bybit users to stake BIT to earn SON rewards relative to the amount of funds they contributed to the pool.

    The program started on March 8 at 10:00 AM (UTC) and will run until March 14 at 12:00 AM (UTC).

    How to earn SOUNI (SON) on Bybit Launchpool?

    Follow our step-by-step guide to learn how to earn SON tokens on Bybit Launchpool.

    1. Register an account on Bybit and complete the verification process

    In order to participate in the SON Launchpool, you need to open an account on Bybit and complete the Basic verification (KYC Level 1) process. 

    How to Pass KYC on Bybit?

    Once you have successfully KYC’ed your account, you can access Bybit’s full suite of products and services, including the Launchpoool platform.

    Create Bybit Account

    Bybit’s Launchpool section can be accessed by navigating to the “Earn” drop-down menu on the homepage. Here’s you can find the Launchpool program, as well as various passive income generating products under the “ByFi Center” umbrella.

    2. Select the SOUNI Launchpool program and stake your BIT holdings

    The most recent Launchpool program is located at the top of the page. Bybit’s token farming platform can pay staking rewards in BIT, USDT, and the project’s native tokens. In the case of SOUNI, the rewards are paid out in the game’s native SON governance token.

    In order to begin staking, you must click on the “Stake Now” button. Keep in mind that staked funds can be redeemed at any time during the staking period. The same goes for adding new assets to the pool – you can top up your pool allocation freely. 

    Once you’ve entered the desired amount of funds you are willing to stake into the farming pool, read and agree to Bybit’s terms of service and click “Stake Now” once again to confirm your order.

    3. SOUNI Launchpool rewards calculation and token distribution

    The farming rewards and corresponding APY rates are updated daily at 12:00 AM (UTC) and are distributed among pool participants based on the amount of funds users have contributed to the pool in relation to other participants. 

    The token distribution mechanics are quite straightforward. In short, the share of rewards you are eligible to receive on a daily basis is calculated based on the total amount of BIT you have contributed to the farming pool. Bybit follows the following token distribution formula:

    Your $SON allocation from BIT Pool = (the amount of BIT you’ve staked to the pool / total number of BIT staked to the pool by all participants) * total SON allocated to the BIT Pool

    The rewards are paid to your ByFi Account. From there, you can also unstake your funds before the farming period comes to an end.

    The minimum number of tokens required to participate in the Launchpool is 100 BIT, while the maximum quantity is capped at 30,000 BIT per user.

    4. SON farming starts on March 8 and ends on March 14

    The SON farming program commences on March 8, 2022, at 10:00 AM (UTC) and is slated to run for six days, until March 14, 2022, at 12:00 AM (UTC). For more information about the program, click here.

    Final thoughts

    Earning new tokens by staking physical crypto assets in farming pools is one of the least volatile investments in the blockchain sector – in exchange for providing liquidity users are rewarded with risk-free yields. Thanks to Bybit’s Launchpool program, users can stake their digital holdings with no lock-up period or hidden fees to earn new tokens, which can be used for trading purposes or any other crypto use case that the earned tokens support.

  • MMORPG Fantasy Game SOUNI (SON) Debuts on Bybit Launchpool

    MMORPG Fantasy Game SOUNI (SON) Debuts on Bybit Launchpool

    Key highlights:

    • SOUNI, an MMORPG metaverse built on BSC, is the latest project featured on Bybit Launchpool
    • Bybit users can stake their BIT holdings to farm SOUNI’s native SON governance tokens
    • There are a total of 136 million SON tokens allocated for Bybit Launchpool users

    Earn SON by staking BIT, the farming period ends March 14

    Bybit has kickstarted a Launchpool program for SOUNI, a blockchain-powered fantasy metaverse featuring MMORPG elements built on Binance Smart Chain (BSC). Bybit users will have the opportunity to use their BitDAO (BIT) holdings to earn staking rewards in the game’s native SON tokens. The farming period has started on March 8 and will last until March 14.

    Earn SON on Bybit Launchpool

    SOUNI features a special clan system that adds an interactive social component to the fantasy world and allows players to collaborate with each other to earn cryptocurrency rewards. The metaverse platform boasts a dual-token system. 

    SON token is the platform’s governance token and allows users to participate in the project’s decision-making process. SON can be used to build NFT-powered in-game items and can be earned by completing various quests and by competing in various PvP events.

    The platform’s secondary token, SRC, is used as in-game currency and can be obtained by depositing Binance USD (BUSD) at a 1:100 ratio. Conversely, SRC can be redeemed for BUSD at any time at a 100:1 quantity. SRC tokens can be spent to purchase treasure boxes and to trade exclusive items in the game’s own marketplace.

    SOUNI on Bybit Launchpool – How to Earn SON by Staking BIT on Bybit?

    There are a total of 136 million SON tokens (out of the total supply of 10 billion tokens) allocated to be distributed to BIT stakers via the Launchpool program. At the time of this writing, Bybit users have the opportunity to earn a whopping 160% APY on their BIT pool investment. Keep in mind that rewards are subject to change and are updated daily, at 12:00 AM UTC.

    In order to participate in the SON Launchpool, users must have at least 100 BIT at their disposal in their verified Bybit account.

  • Anchor Protocol (ANC), a Terra-Based Savings Protocol, is the Latest Project Featured on Binance Launchpool

    Anchor Protocol (ANC), a Terra-Based Savings Protocol, is the Latest Project Featured on Binance Launchpool

    Key takeaways:

    • Anchor Protocol, a borrowing and lending protocol built on Terra blockchain, is the latest project featured on Binance Launchpool
    • Binance users can stake their BNB, BUSD, and LUNA holdings to farm the native ANC token rewards
    • There are a total of 2 million ANC tokens allocated for Binance Launchpool users

    Earn ANC by staking BUSD, BNB, and LUNA, the farming period ends February 24

    Binance, the world’s largest digital asset exchange, has introduced Anchor Protocol (ANC) on its Launchpool platform. Binance users will have the opportunity to use their Binance USD (BUSD), Binance Coin (BNB), and Terra (LUNA) funds to earn staking rewards in ANC tokens. The farming period starts on January 26 and ends on February 24.

    Create Binance Account

    Anchor Protocol is a decentralized finance (DeFi) lending and borrowing protocol offering low-volatility yields on Terra stablecoin deposits. The platform’s native ANC tokens are used to distribute staking rewards, incentivize borrowing, and provide governance functionality on the protocol.

    Anchor Protocol consists of bonded assets that allow stakers to gain additional exposure to the crypto market in the form of higher liquidity, and a money market, a platform for lending out deposited Terra stablecoins to borrowers. Last but not least, the protocol’s loan liquidation mechanism ensures that one percent of the liquidated collateral is used to purchase ANC, which positively affects the supply and demand dynamics of the token. To learn more about the Anchor Protocol, check out this helpful article posted on the Binance Research webpage.

    There are a total of 2 million ANC tokens allocated to the Launchpool. 10% of the allocated ANC tokens will be distributed to BUSD stakers, 70% to Binance users that contributed their BNB, and the final 20% is reserved for LUNA stakers. At the time of writing, Binance customers have the opportunity to earn 1.67% APY on their BUSD, 2.22% APY on their BNB, and 21.72% APY on their LUNA pool investment. Keep in mind that rewards are subject to change and updated hourly.

    How to earn ANC on Binance Launchpool?

    The ANC token is trading on Binance in BUSD, USDT, and BTC trading pairs. The saving protocol’s token is currently changing hands at $1.06, down 12.5% in the last 24 hours.