Quote from: Ultegra134 on Today at 06:49:40 AM

Quote from: pvk444 on December 31, 2023, 07:47:27 PM

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.

Quote from: oktana on December 31, 2023, 08:23:17 AM

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.