Binance Launchpool is a unique platform from Binance where users can lock up crypto and get rewarded with new tokens for free.

For those interested in exploring new projects on Binance, Launchpool is a great place to start, without having to spend money on tokens.

In this article, Hieu will guide you step by step to join the Scroll (SCR) project Launchpool in the most understandable and detailed way.

1. What is Launchpool?

Binance Launchpool allows you to earn new tokens by staking cryptocurrencies like FDUSD, BNB in ​​designated pools. The number of new tokens you receive will depend on the amount of coins you stake and the total amount of coins in the pool.

2. Conditions for participating in Launchpool

  • Binance Account: You need to have a KYC verified Binance account.

  • BNB, FDUSD: You must have a certain amount of these tokens in your Spot wallet for staking.

If you do not have an account, you can register here

3. How to participate in Binance Launchpool

Step 1: Access Binance Launchpool

  • First, log in to your Binance account.

  • Then, from the main interface of the application, tap on Launchpool (Launchpool belongs to this section).

  • You will see a list of projects running Launchpool.

Step 2: Select the project you want to join

  • On the Launchpool page, you'll see new projects running. Select the one you're interested in, and click on the project name to see details.

Step 3: Staking assets into the pool

  • Once you have selected the project, you can choose between staking pools (BNB, FDUSD). Click the Lock button.

  • Enter the amount of BNB, FDUSD you want to stake. The system will automatically calculate the reward you receive based on the amount of coins you stake.

Step 4: Get reward tokens

  • Once staked, you can check your daily token rewards in the Reward History or Pending Harvest section.

  • Reward tokens can be claimed to the Spot wallet at any time during the Launchpool project.

4. Summary of information about the Scroll project

Scroll is a Layer 2 project developed on the Ethereum platform, with the main goal of helping to scale Ethereum's transaction processing capacity while maintaining high decentralization and security. The project uses zk-Rollups (zero-knowledge rollups) technology to aggregate multiple transactions together, helping to reduce the load on the main Ethereum network and cut transaction costs.

Scroll Highlights:

  • EVM Compatibility: Scroll is built to be fully compatible with the Ethereum Virtual Machine (EVM), making it easy for developers to port applications from Ethereum to Scroll without changing code.

  • Using zk-Rollups: This is a technology that enhances security and scalability, by aggregating multiple transactions into a single proof and sending it to the Ethereum mainnet.

  • Decentralized and Secure: Scroll maintains Ethereum's decentralized principles, which help ensure security and transparency for all transactions on the network.

Scroll's Vision:

Scroll aims to become a leading Layer 2 solution for Ethereum, providing smooth user experience, low transaction fees, and high scalability, helping the Ethereum ecosystem grow stronger.

The Scroll project is getting a lot of attention and is expected to play an important role in solving Ethereum's scalability challenges.

Details about the Scroll project on launchpool you can see in binance launchpool details.

SCR Launchpool Details:

  • Tên Token: Scroll (SCR)

  • Total Supply and Max Supply of Token: 1,000,000,000 SCR

  • Token Rewards from Launchpool: 55,000,000 SCR (5.5% of total token supply)

  • Initial Circulating Supply Upon Listing on Binance: 190,000,000 SCR (19% of Total Token Supply)

  • Smart Contract Details/Network: Scroll Network (0xd29687c813D741E2F938F4aC377128810E217b1b)

  • Launchpool terms will apply and require completion of KYC (identity verification) as required by Binance.

Hard hourly limit per user:

  • 97,395 SCR in BNB pool

  • 17,187 SCR in FDUSD pool


5. Some notes when participating in Launchpool

  • No additional costs: You do not have to pay any transaction fees when staking on Launchpool.

  • Freedom to cancel staking: You can withdraw staked coins at any time without penalty.

  • Rewards are updated every hour: Rewards will be accumulated and updated continuously, you can track the number of tokens you receive at any time.

6. Why join Binance Launchpool?

  • Opportunity to earn new tokens without investing capital: This is a safe way for you to try your hand at new projects without having to buy tokens in the first place.

  • Optimize existing assets: If you are holding unused BNB, FDUSD, Launchpool is your opportunity to earn more profit without having to trade.

7. Conclusion

Joining Binance Launchpool is not only a way to maximize your assets, but also a way to discover new projects in the crypto market. With the simplicity of participation and no fees, this is a great opportunity for you to try your hand at potential projects.

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