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The Table of Contents of this Article
[Link to the table of contents]
He Yi
PANews
BlockTempo
ABMedia
Airdrop
Block
MEME
BNB
TRON
HT
OP
meme
RON
ONG
In the bull market, there seem to be countless ways to make money. Some people chase memes and find angles, some trade contracts around the clock, and some grind away at airdrops. Apart from these methods, is there a way to profit without "grinding", gambling, or getting your heart racing? Some smart money has set its sights on Binance's Launchpool or Megadrop platform activities, achieving their goal of compound interest. In this article, PANews will review the various activities on Binance over the past year and simulate the earnings that can be obtained by holding 10 BNB by the end of the year.
**Participate in 28 Token Listing Airdrops Throughout the Year**
Overall, BNB's earnings can be divided into three main parts: one is the value increase brought by the token price appreciation of BNB itself; the second is the reward earnings from participating in Launchpool activities; the third is the earnings from Megadrop, HodlerAirdrop, or other staking rewards.
Assuming we start the calculation cycle on January 1, 2024, on that day the closing price of BNB was $313.5. By purchasing 10 BNB at that time, the total principal would be around $3,135. As of December 31, the BNB price was around $702.3, an increase of about 124% from the beginning of the year. Based on this calculation, the earnings from holding BNB would be about $3,880.
In addition to the growth earnings of BNB, Binance's Launchpool is another type of activity that users participate in the most. Projects participating in the activities will allocate a portion of their tokens as rewards to users who stake BNB or other stablecoins. As of December 31, the total locked-in amount on Binance Launchpool was about $1.53 billion, with over 6.1 million unique participants in history. In 2024, Binance launched a total of 21 Launchpool activities.
According to PANews' statistics, if users participate in these project Launchpool activities starting from the beginning of the year, they can on average obtain about 1.6% of the token amount as earnings per activity. If calculated based on the highest price of the obtained reward tokens, the average income per participation is about $70. The total earnings from this part can reach up to $1,481. The overall yield rate for participating in 21 times is about 47.2%. Among them, the earnings from the Altlayer activity are the highest, about 5.93%, with a earnings amount of $173.3. PIXEL's earnings are the second highest, with a yield rate of about 4.45% and an earnings amount of about $156.
In addition to Launchpool, Binance also launched 2 Megadrop and 5 HodlerAirdrop activities this year. If participating in these 7 activities at the same time, the total income amount is about $557, with a yield rate of about 17.7%.
In summary, the maximum combined earnings from participating in Binance's Launchpool, Megadrop, and HodlerAirdrop activities is 65%. Combined with the 124% increase in token price, the total yield rate can reach 187%. Overall, participating in these activities can ultimately increase the initial principal of $3,135 to $9,087.
**Compound Interest Operation Yields Even Higher**
Of course, the above methods may not be the maximum earnings plan. Many people believe that if compound interest thinking is introduced, where the rewards or tokens obtained from each participation are sold and converted to BNB, this can increase the amount of BNB held, and there will be more principal to participate in the activities, resulting in even higher overall earnings.
First, this operational method may have certain defects. We can no longer use the highest price to calculate the earnings. In principle, when adopting this method, the tokens obtained need to be sold immediately to avoid missing the next activity. Therefore, the calculation will be based on the closing price on the first day after the activity tokens are launched.
Calculated using this compound interest method, after participating in 21 Launchpool activities, the 10 BNB originally held can be ultimately converted to 12.39 BNB. The BNB tokens increased by 2.39, and calculated at $702.3, the earnings from this part are about $1,678. Adding the earnings of about 0.62 BNB from the Megadrop and HodlerAirdrop activities, the final BNB amount can reach 13 BNB. If operated in this way of selling the activity tokens each time and buying BNB, the final amount would be about $9,136.
This earnings result is higher than the earnings obtained by simply participating in the activities and selling at the highest point. The biggest advantage is that this operational method is closer to actual operation, as no one can sell at the highest point every time. Compared to normal participation in activities and directly selling the reward tokens without converting to BNB, the final actual total asset amount is about $8,490, and the compound interest method is still more advantageous.
**Increased in Value by 2.7 Times in One Year, Outperforming Over 70% of Tokens**
Of course, regardless of the operational method, the final amount that can be obtained using the initial 10 BNB principal of $3,315 after one year of actual operation falls within a range, that is, between $8,490 and $9,136. The overall wealth change is between 2.56 times and 2.75 times. Of course, the main source of earnings is still the appreciation of BNB, followed by the Launchpool activities.
Here is the English translation:
Compared to the maximum gains and losses of the 182 spot and contract trading pairs listed on the Binance exchange this year, this type of return has exceeded the performance of 73.6% of the tokens in the sample. On the surface, such a rate of return may not seem like much in the face of the thousands or even millions of times returns in the crypto world. However, for users with larger capital sizes, who are seeking relatively stable returns, or who are enthusiastic about wool-pulling but cannot participate in wool-pulling, the final performance of this type of operation also seems quite impressive. First, in terms of the input-output ratio, whether it is pulling airdrops or speculating on MEME, the time and cost spent on the chain are always not small, while participating in such activities is relatively much easier. Secondly, the high volatility of MEME coins and the uncertainty of pulling airdrops will greatly reduce the investment success rate, while the less volatile the market, the more stable the returns tend to be. Therefore, this type of wool-pulling activity seems to have a cumulative effect.
However, any investment strategy should be subjected to extensive data analysis and fundamental judgment before actual operation. The above content is for reference only and is not investment advice.
