Binance Launchpool Adds Support for Decentralized BNB Assets in Binance Web3 Wallet
Publication Time:2024-07-30 18:21:06
Binance has announced a new feature that will enable comprehensive support for decentralized BNB assets within its Web3 wallet starting from the next Launchpool cycle. This means that users holding supported decentralized BNB assets will be able to contribute their Launchpool BNB holdings in the Web3 multi-party computation (MPC) wallet, thereby becoming eligible for rewards. Beyond application on the Launchpool platform, Megadrop and HODLer airdrop campaigns will also support these decentralized BNB assets. In the future, Binance plans to expand support for decentralized BNB assets further, encompassing areas such as liquidity staked BNB from decentralized exchanges (DEXs), tokens provided by liquidity providers from DEXes, interest-bearing tokens from lending protocols, and yield-generating tokens from yield trading protocols. The aim is to enrich user engagement and reward systems while driving the development of the crypto ecosystem.
Binance
Launchpool
Web3 wallet
Decentralized BNB assets
Reward calculation