Binance adding BNB staking, whats that mean to Launchpool

in LeoFinance4 years ago

Binance are adding a bnb staking option at 12 today. the small option for 5 bnb is nice at 27%. I wonder is this an indication there isn't any launchpool project in the pipeline.

The 30 day lock up for 8.5% is less tempting, if a launchpool project does launch in next 30 days which is likely on history they usually pay 20-60% in the first week of the airdrop

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Ya I read this in the morning
Investment and staking BNB Coin is good at the long term because it is stable and the price expected to reach the moon

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BNB is my third largest investment, so I hope you are right, but you can't say it's stable and it will moon.

One concern I have long term is how Binance clearly try to prop it up with making use cases for it like launchpool and this staking.

It causes demand for bnb and pushes the price up, but it won't last for ever. I'm betting it will last a while yet though.