Cryptocurrency exchange Binance has announced that slisBNB holdings will now be included in the reward calculation for Binance Launchpool. Users will be eligible for these rewards by holding their slisBNB holdings in their Web3 MPC wallets.
This development coincides with the launch of Toncoin (TON), Binance Launchpool’s 56th project. The Launchpool process for Toncoin will begin on August 15, 2024 at 03:00 UTC+3 and will continue for 20 days. The dedicated webpage for the new altcoin pool is expected to go live within 24 hours before mining begins.
In addition to Launchpool, Megadrop and HODLer airdrops will soon support DeFi BNB assets. Binance is looking to expand support to more decentralized BNB assets in the future. These assets could include other liquid staking BNB tokens, liquidity provider tokens from decentralized exchanges (DEXs), interest-bearing tokens from lending protocols, and yield tokens from yield trading protocols.
Binance has released a statement regarding the risks associated with these supported assets:
“Supported assets may include risks of asset loss due to smart contract vulnerabilities. Binance is not responsible for these risks and potential asset losses. Due to the complexity of decentralized assets, calculation deviations are inevitable, so the amount of assets in the final DeFi BNB Assets snapshot may differ from what you expected. Binance is not responsible for these potential reward losses.”
*This is not investment advice.