It is like Staking your Coins anywhere else with low APY. maybe people with large capital really earn good profit from binance launchpool but if you stake only $200 or little bit less or more than you could only earn Around $2 per launchpool round. which is not a good amount.
The only Good thing about Binance launchpool is there is not any risk of losing money because you'll get your funds back in your account when launchpool end.
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What are your thoughts? Have you ever tried it before, and if yes, do you believe it's worth a try?
For me, it's good. The only difficult here is you use a non-stablecoin asset during launch pool. Because you could lose its value over time just to be able to get the new coins and sometimes it's not worth it or you will lose more.
Another thing is after the launch pool or during, for me it's better to take profits like sell some of new tokens you got from launchpool, it's good to take profits.
You can stake stablecoins in launchpool. most of the launchpools allow staking FDUSD and TUSDT stablecoins. and you can't take and sell the tokens earned during launchpool. because binance launchpool only add new projects. tokens are listed when launchpool completely ended.