Introduction to Launchpool
As decentralized finance (DeFi) continues its rapid growth, centralized exchanges like Binance are expanding their offerings to stay competitive. Following August's "DeFi Mining" initiative and the recent Binance Liquid Swap AMM platform launch, Binance now introduces Launchpool – a new coin mining project featuring Bella Protocol (BEL).
How Launchpool Works
Starting September 9 at 08:00 UTC+8, users can participate in this 30-day mining program by staking:
- BNB Pool (90% allocation): 4,500,000 BEL
- BUSD Pool (9% allocation): 450,000 BEL
- ARPA Pool (1% allocation): 50,000 BEL
This represents 5% of BEL's total token supply. Rewards are distributed based on hourly snapshots of user holdings:
Daily BNB Pool Calculation Example:
(5,000,000 BEL × 90%) ÷ 30 days = 150,000 BEL/day👉 Learn how to maximize your crypto staking rewards
Reward Distribution Mechanism
For a hypothetical scenario where:
- Total BNB staked: 100,000
- User A stakes: 5,000 BNB for 12 hours
Daily Reward =
[(5,000 × 12/24) ÷ 100,000] × 150,000 = 3,750 BELRewards are distributed daily between 08:00-09:00 UTC+8.
About Bella Protocol
Bella Protocol aims to simplify DeFi with these key products:
- Bella Lending: Decentralized borrowing/lending
- Bella 1-Click (Q4 2020 launch): Simplified DeFi operations
- Bella Flex Savings: Flexible yield opportunities
- Robo-Advisor: Automated portfolio management
BEL Token Economics
- Total supply: 100 million BEL
- Functions: Governance, staking rewards, fee discounts
- Initial private sale price: $0.75
Binance will list BEL on September 16 at 14:00 UTC+8 with these trading pairs:
- BEL/BNB
- BEL/BTC
- BEL/BUSD
- BEL/USDT
FAQ Section
What is Binance Launchpool?
Launchpool allows users to earn new tokens by staking existing cryptocurrencies like BNB, BUSD, or ARPA, with rewards distributed proportionally based on staked amounts.
How are rewards calculated?
Rewards are determined by:
- Your staked amount relative to the total pool
- Duration of your stake (hourly snapshots)
- The daily allocation percentage
When can I withdraw my rewards?
BEL rewards are distributed the following day between 08:00-09:00 UTC+8 and can be withdrawn immediately.
What makes Bella Protocol unique?
Bella focuses on DeFi accessibility through features like one-click investment solutions and automated portfolio management, significantly reducing the technical barriers for new users.
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Risk Disclosure: Cryptocurrency investments carry substantial risk and may result in total loss of capital. Prices are highly volatile—please invest cautiously.