Hello everyone I hope you will be fine and enjoying good health. Today I am here to share information about the Launchpool on the binance exchange.
As we know that binance announces launchpools with the help of the respective token teams. Basically binance provides them a platform where they can start advertising and starting their pool.
Similarly yesterday binance has announced Launchpool of the MC (Merit Circle), it is the 27th project on the binance Launchpool. And all the previous pools have been finished correctly and still there are some pools which are going on, and MC (Merit Circle) I'd one of them that has been started newly. MC (Merit Circle) is basically a play to earn gaming Dao.
It is very easy and simple to participate in this MC (Merit Circle) Launchpool. There are 3 different ways to participate in the Launchpool, we can stake our assets in this pool and can earn MC TOKENS.
So we can stake the above tokens to farm MC TOKENS but the APY is different for these coins.
The total supply of MC Tokens is 1,000,000,000 and the current circulating supply is 42,592,000 and the circulating supply is almost 4.26% of the total supply of the coins.
And the Launchpool supply is 12,500,000 and this is divided in the pools with the different percentage, from this supply 70% of the coins are fixed for the BNB staking rewards. And similarly, reward for the MC staking is 20% and the remaining 10% supply of the pool is fixed for the BUSD staking. Farming period for the MC TOKENS is about 60 days. So if you want to stake and earn free MC TOKENS then you can easily participate in the Launchpool.
Disclaimer: The pictures used are not mine but their sources are mentioned
