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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on September 07, 2020, 12:39:14 PM

Title: Binance Unveils New Product for ‘Yield Farming’ Crypto Assets
Post by: Galaxy on September 07, 2020, 12:39:14 PM
Popular cryptocurrency exchange Binance has released Launchpool, a way for users to make income by staking tokens for so-called yield farming.

According to a Binance announcement on Sunday, users of Launchpool will be able to stake Binance's BNB token and BUSD stablecoin, as well as the ARPA token, for interest-bearing rewards.
The first project to be hosted on Launchpool is Bella Protocol (BEL), which recently raised $4M in a seed funding round led by Arrington XRP Capital.
Info Link: https://www.coindesk.com/binance-yield-farming-staking-bella