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.