Binance Unveils New Product for ‘Yield Farming’ Crypto Assets

[Galaxy]

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