As you may know it if you've read me before, the thing I love the most is the passive income. While surfing on the crypto web, I completed a CoinMarketCap Earn offer few weeks ago. It was the Sandbox offer and it appeared on my BINANCE account last week while I was checking how my wallet was evolving.
Here is how I used it
First, I exchanged my whole Sandbox rewards into BNB as I believe this coin has a bright future even if it rose a lot during the few last weeks. Also, I wanted to have access to the BNB Launchpool as I think it can be a great way to earn passive income.
To be honest, I have very few BNB, but every one needs to start from the bottom to be finally here (S/O Drake). I managed to stake them in The Binance Launchpool to earn DODO.
I earned very very few DODO but I do have a plan for the future, a plan that will be useful for every coin I'll earn by staking my BNB.
What is this plan ?
Based on the past, the token we can earn on the Binance Launchpool know a huge growth after the staking period. Historically, it is a good idea to keep your tokens and wait a 300 / 400 % or even more. I think I will try to make this then I will exchange the Launchpool native tokens to accumulate more and more BNB and being able to stake even more BNB on the launchpool. It is like a virtuous cycle in my opinion.
The next token we'll be able to earn on the Binance Launchpool is $ALICE. To be honest, I don't know anything about this coin, as well as I don't know anything about DODO, by the way.
Anyway, I will apply the same strategy as I have nothing to lose and as I want to increase my BNB exposition.
Did you already use the BNB Lanchpool ?
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