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Decode the Binance Launchpool Wealth Password, how did the past Wealth Effects fare?

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In the past six months, essentially all coins launched on Binance Launchpool have seen a price increase of at least 200%.

Original Title: "Binance Launchpool Wealth Code Ultimate Analysis"

Original Authors: Lucky, Biteye

Original Editors: Crush, Biteye

On December 11, Binance Launchpool announced the launch of the 40th new coin mining project, Fusionist, attracting instant market attention. Within just two days, over $4 billion was committed to the Launchpool.

What triggered such enthusiasm from users? What is the expected price of the project after its launch? How has the wealth effect of past Launchpools been?

This article will now analyze the wealth code behind Binance Launchpool and introduce the project for this new coin mining session.

Launchpool Introduction

Binance Launchpool is a service provided by Binance Exchange aimed at helping projects with token initial distribution. It allows users to stake cryptocurrencies to earn rewards in the new project's tokens, a process also known as new coin mining.

This service was launched by Binance in September 2020, during the peak popularity of Yield Farming in DeFi. By combining DeFi's Yield Farming with the convenience of Binance's CEX, Launchpool provides users the opportunity to earn new token rewards by staking their crypto assets.

Currently, the staking assets used in Launchpool to mine new tokens are BNB and major stablecoins, making these two assets the perennial favorites.

Why is this so? Let's take a look at the historical performance returns of Launchpool below.

Launchpool Historical Performance

The following two tables show:

1) Recent mining yield of Launchpool tokens

2) Performance of coins listed on Binance in the past six months

From the statistics of the two tables above, we can see:

1. In terms of Launchpool mining APY, the daily launch price performance has ensured a yield of around 15%-20% regardless of whether the market is in a downturn or recovery. The highest, SUI, has even reached 400%+. Meanwhile, other DeFi products during the same period, such as stablecoin mining (using the RWA method), mostly range around 5%-7%, more than half lower than Launchpool's annualized return. Therefore, participating in Launchpool can be considered one of the relatively safe and high-yield mining methods, whether the market is bullish or bearish.

2. In the past six months, the most outstanding performance among the coins listed on Binance was ORDI. After ORDI was listed on Binance, it first closed at $13 on the first day and then steadily rose to $27 in a little over a week, with a net increase of 107%. It then experienced a pullback, dropping to a low of $18, followed by a continuous surge in price, reaching $61.5 currently, with a peak at $69.8, more than a 5x increase. It can be said to be one of the dark horses of this round, and the appearance of this dark horse is inseparable from its listing on Binance, which provided ample liquidity and convenient trading.

3. In addition to ORDI, recently launched tokens on Launchpool, such as the $MEME token from the Metaverse project Memeland, and Neutron from the Cosmos ecosystem, after experiencing a brief decline, saw rebounds of up to 3x and nearly 5x, respectively, showing very strong performance.

4. Looking at the coins listed on Binance, we can see that there are many high-quality projects, which is also one of the important reasons for the subsequent price increases (of course, the market has also seen a lot of recovery in the past six months). Most of these high-quality projects were issued through Launchpool, such as Pendle, the leader in the DeFi Yield Track field, CyberConnect, the leader in the Social Track, the rising star project Memeland in the Metaverse, all of which have very good fundamentals and a strong user base.

It can be said that the projects launched on Binance Launchpool have to some extent selected projects with good fundamentals, as well as coins with development potential. If one conducts some research on these coins before getting involved, the returns will not be too bad.

5. From the above overall price increase ratio, we can see that in the past six months, the price increase ratio of new coins launched on Binance Launchpool is basically 200% or more.

Moreover, it is important to note that if you mine with a stablecoin, what you receive is equivalent to "free" tokens. If held long term, you can steadily earn the price appreciation gains.

Launchpool Participation Guide

1. Currently, the staking assets for Launchpool are BNB and FUSD. BNB is well known to everyone, the perennial golden shovel. Before each Launchpool/Launchpad event, the demand for this shovel drives up its price. If you are concerned about price volatility risk, you can hold BNB and hedge it, incurring a certain amount of interest rate erosion.

On the other hand, FUSD is a stablecoin backed by high-quality reserves (cash and cash equivalents). Players who do not want to stake BNB usually choose to exchange this asset for staking, incurring minimal loss.

(FUSD's parent company, First Digital Trust, is a Hong Kong-based qualified custodian and trust company. This stablecoin is regulated in Asia, and on June 1st of this year, First Digital Trust officially announced the launch of FDUSD, a stablecoin pegged to the US Dollar.

On the same day, Binance's former CEO Zhao Changpeng tweeted about First Digital and FDUSD. More than a month later, Binance officially launched this stablecoin. Considering Binance's support for FDUSD and on-chain minting data, this may be a centralized stablecoin alternative that Binance chose to support after BUSD, and in the future, Binance may provide more support.)

2. Deposit the specified token into the Launchpool section to receive new coin rewards. The tokens received by users from Binance Launchpool are calculated hourly and can be claimed at any time. The amount of tokens received and the proportion of the user's participation tokens to the total contributed tokens are directly proportional.

3. During the staking period, players can redeem their assets at any time. Players concerned about exchange rate fluctuations can redeem early. For those who do not manually redeem, all contributed tokens will automatically return to their spot wallets after the mining period ends.

Overall, Binance Launchpool provides users with a convenient way to earn new token rewards through a simple staking operation, allowing them to actively participate in cryptocurrency mining while maintaining asset value.

Introduction to the Latest Coin Mining Project $ACE

On December 11, Binance Launchpool announced the launch of the 40th phase of the new coin mining project: Fusionist ($ACE)

The total mining amount is 10.29 million tokens, with a BNB and Fdusd allocation ratio of 4:1. Mining will start on December 13 and last for 5 days, ending on December 18.

Fusionist is a game universe created by the Unity engine that features various collectible NFTs. Its team comes from well-known Web2 gaming companies such as Tencent and IDFAME.

The game ecosystem consists of 3 main games:

1. Colonization (construction simulation)

2. Conquest (turn-based strategy)

3. Alliance (SLG)

The game is set in the year 2800 when human overdevelopment has led to Earth's environmental degradation, making it uninhabitable.

Space travel technology has matured, triggering wars for resources. Players will take on the role of mech army commanders, managing their own planet, building industrial production lines, collecting rare resources, upgrading technology, scanning blueprints to create mechs.

Finally, through PVP and PVE, they will establish an interstellar fleet for interstellar warfare and conquer the galaxy.

Fusionist has been in development for about a year and is currently in the beta testing phase.

In addition to the Fusionist game, the team has also developed Endurance—the mainnet where Fusionist is located, serving as the infrastructure layer for social interactions and game operations.

Endurance officially launched on January 31, 2023, attracting over 610,000 users within 7 days. The number of daily active wallet addresses reached 114,800, accumulating over 1.86 million holding wallets and achieving over 100 million transactions.

$ACE is the governance token on Fusionist and Endurance, designed to encourage user participation in the network and earn rewards. The $ACE token distribution is as follows: (Initial circulating supply is around 21,969,520)

Currently, the main 3A games in the blockchain gaming industry are Bigtime and Illuvium, with the former having a market cap of 190 million and the latter 380 million.

· If compared to Bigtime's current circulating market cap, the $ACE price would be around 8.8U;

· If compared to Illuvium's current circulating market cap, the $ACE price would be around 17.5U;

At the same time, the current OTC trading price is between 10-12U, indicating a market expectation of 12U or higher. The expectation is to surpass Bigtime's market cap, so a price range of 12-20U may be a more reasonable price for $ACE after listing.