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Binance Launchpool's latest RED currency participation in teaching + profit maximization strategy

Linda Hamilton
Linda HamiltonOriginal
2025-03-03 22:12:01695browse

Binance Launchpool in-depth analysis: RedStone(RED) mining income and participation guide

Binance, the world's leading cryptocurrency exchange, offers investors an opportunity to participate in the issuance of high-quality new coins and receive rewards through pledge. This article will explore Binance Launchpool in depth, focusing on yield analysis and participation methods of the latest project RedStone (RED).

Binance Launchpools latest RED currency participation in teaching + profit maximization strategy

1. Introduction to Binance Launchpool

Binance Launchpool is a new currency issuance platform. Users only need to pledge supported cryptocurrencies (such as BNB or stablecoins) to obtain new project tokens for free. This is similar to a deposit item with a limited term:

  • The user deposits tokens supported by BNB, FDUSD, etc. into a designated pool, and accumulates new token rewards in an hour.
  • The pledge threshold is as low as 0.01U, and everyone can participate.
  • The pledged assets can be redeemed at any time.

2. Calculation and distribution of income

Launchpool rewards are distributed proportionally: Personal reward = (Personal pledge / Total pledge) × New currency release per hour. Factors that affect mining income include:

  • Pledge time: The earlier the pledge, the higher the profit.
  • Pledge amount: The higher the pledge amount, the higher the profit.
  • Total pledge volume: The larger the total pledge volume, the lower the profit ratio of a single user.

This RedStone event is pledged by BNB, USDC, and FDUSD, and each asset corresponds to an independent prize pool.

3. RedStone activity allocation quota

  • Pledged assets: BNB, USDC, FDUSD
  • Event time: 08:00 on February 26, 2025 – 07:59 on February 28, 2025 (Taiwan time zone)
Mining Pool Daily Airdrop Cap (RED) Total Allocation Quota (RED) Percent
USDC Pool 2,000,000 4,000,000 10%
FDUSD Pool 2,000,000 4,000,000 10%
BNB Pool 16,000,000 32,000,000 80%
矿池 每日空投上限 (RED) 总分配额度 (RED) 占比
USDC池 2,000,000 4,000,000 10%
FDUSD池 2,000,000 4,000,000 10%
BNB池 16,000,000 32,000,000 80%
每日总额度 20,000,000 40,000,000 100%
Total daily limit
20,000,000 40,000,000 100%

FDUSD is a dollar stablecoin issued by First Digital Trust. Users can exchange it through Binance trading pairs (such as FDUSD/USDT).

IV. Participate in Launchpool teaching

Step 1: Prepare a Binance account and complete KYC certification

Registering a Binance account and completing KYC authentication is a prerequisite for participating in Launchpool.

Step 2: Enter Launchpool homepage and invest assets

  1. Open the homepage of Binance App and click Launchpool. Binance Launchpools latest RED currency participation in teaching + profit maximization strategy
  2. Select USDC, FDUSD or BNB prize pools and invest assets to start mining. Binance Launchpools latest RED currency participation in teaching + profit maximization strategy
  3. View RED project information and learn about unlocking or locking the warehouse mechanism. Binance Launchpools latest RED currency participation in teaching + profit maximization strategy

Step 4: Receive the income

The income is settled every hour and can be collected at any time. After receiving it, no more accumulated income will be accumulated.

Step 5: Sell RED coins

RED coins can be sold in the pre-market trading market (18:00 on February 28, 2025, Taiwan time zone).

5. Return Analysis

(The data needs to be updated according to the actual situation here, the following is an example)

VI. Introduction to RedStone Project

RedStone is an emerging oracle project that provides data services for DeFi applications. Its advantages include:

  • Cross-chain compatibility: supports more than 70 blockchains and more than 1,250 assets.
  • Stability: Since its launch in 2021, it has been stable in operation and no major failures have occurred.
  • Partner: Cooperate with many leading DeFi agreements.

7. Risk warning

  • BNB price fluctuation risk: Choose a BNB pool and you need to bear the price fluctuation risk.
  • Risk risk of price fluctuation of new currency: RED currency price fluctuations may affect the final return.
  • Platform Risk: There is platform risk when choosing any platform.

8. FAQs

  • Upported limit: No investment limit, but the hourly mining quota is limited.
  • Lock the position: No need to lock the position, you can redeem it at any time.
  • Eligibility for participation: Have a Binance account and complete KYC certification.

I hope the above information can help you better understand the Binance Launchpool and RedStone projects. Be sure to carefully assess the risks before participating.

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