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    Home ยป Binance Launchpool to Support Decentralized BNB Assets on Binance Web3 Wallet

    Binance Launchpool to Support Decentralized BNB Assets on Binance Web3 Wallet

    By adminJul. 30, 2024001 Min Read
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    Binance Launchpool to Support Decentralized BNB Assets on Binance Web3 Wallet
    Binance Launchpool to Support Decentralized BNB Assets on Binance Web3 Wallet
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    Cryptocurrency exchange Binance announced on Tuesday (30th) that starting from the next phase of Launchpool, decentralized BNB assets in the Binance Web3 wallet will be included in the reward calculation. In other words, if Binance users hold supported decentralized BNB assets in their Binance Web3 MPC wallet (Multi-Party Computation wallet), those assets will be counted towards the Launchpool BNB holdings to receive rewards. In addition to the Launchpool platform, Megadrop and HODLer airdrops will also support decentralized BNB assets. According to the announcement, the decentralized BNB assets currently supported by Binance include Staked Lista BNB (slisBNB), which is a liquidity staking token issued by Lista, a decentralized stablecoin protocol, through pledging liquidity from the BNB Chain ecosystem. In the future, Binance will consider supporting more decentralized BNB assets, such as other liquidity staking BNB tokens, liquidity provider (LP) tokens from decentralized exchanges (DEX), interest-bearing tokens from lending protocols, and yield tokens from yield farming protocols. Binance stated that with the new decentralized BNB asset feature, the benefits of holding BNB will expand from the trading platform to the decentralized world, making the BNB ecosystem healthier and more prosperous.

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