BInance Launchpool Explained in 2 Minutes
Launchpool lets you use your tokens to earn a new token, at no cost.The amount of tokens you earn each daily is proportional to the amount of tokens you have staked to the pool.
You can earn the new token over a span of usually 30 days. Trading of such token is open on the 7th day of farming, at which point you can immediately trade any tokens you have earned. Earned tokens are calculated hourly, and you can harvest your pending rewards at any time.
In other words, you get to save a brand new coin, prior to a guaranteed listing on Binance.com.