Has anyone noticed that Binance has consecutively launch theit launchpool starting from the following projects.
Ace (Fusionist)
Nfp (Nfprompt)
Ai ( Sleepless AI)
Xai ( Xai Games)
It seems that they will weekly launch a pool for new projects and it will be bullish for bnb and at the same time with the projects being listed. Anyone farming here? Hows your income so far?
That is why I'm holding BNB because they'll probably continue this until we are in the bull market. Been farming those projects as well except for XAI but the thing is, it's always full and if you have just enough BNB or stables to stake you wouldn't make any good return in the end.
It is hard to get a significant number of tokens through this launchpool if you don't hold a large amount of tokens, like BNB. Most of the time, whales are the ones who benefit from these token sales, and that is why I think it is a completely unfavorable method used by Binance. What is the point of giving a few dollars worth of token and why will investors lock up their small funds to get a few dollars worth of token. This doesn't make any sense. So I usually don't participants in any of these launch pool but i agree that most of the time they are highly profitable.
I hold around 10 BNB (which is low tbh) but even if you stake it at the beginning that would only get me around $100 or below if I sold it early once it gets listed. The BNB token pool has the huge allocation and whales really gets there to farm it, it even reaches billions I guess on staked assets for every launchpad. I think it's best to participate on an IDO rather here and maybe interacting with future airdrops.