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    Home ยป Binance Launchpool Will Now Support Asset Locking with a New Cryptocurrency
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    Binance Launchpool Will Now Support Asset Locking with a New Cryptocurrency

    Max BauerBy Max BauerTuesday, 13 August 2024, 15:07Updated:Tuesday, 13 August 2024, 15:09No Comments1 Min Read

    ListaDAO has announced that slisBNB assets will be supported by Binance Launchpool for reward calculation. This means that users holding slisBNB in their Web3 MPC wallets will be eligible to earn rewards from upcoming Launchpool projects.

    The news comes as Binance Launchpool prepares to launch its 56th project, Toncoin (TON), on August 15, 2024. The webpage for the Toncoin pool is expected to go live within 24 hours of the launch.

    Beyond Launchpool, ListaDAO also revealed that Megadrop and HODLer Airdrops will soon support DeFi BNB Assets. Binance has indicated a potential expansion of support to other decentralized BNB assets in the future, including liquid staking BNB tokens, DEX liquidity provider tokens, lending protocol interest-bearing tokens, and yield-trading protocol yield tokens.

    Binance has cautioned users about the potential risks of asset loss due to smart contract vulnerabilities. The platform emphasized that it is not responsible for such losses. Similar to Launchpool, Megadrop, and HODLer Airdrops, user balances will be snapshotted hourly to calculate rewards based on average balances.

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    Max Bauer
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