Binance Launchpool and Launchpad Vibes - Arkham, Pendle and Maverick

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Written by

#Club1BCH

9 months ago

Topics: Binance, Launchpad, Launchpool, Arkham, Pendle, ...

I was a huge fan of Binance, and considered BNB as one of the most solid cryptocurrencies available. I was sad when CZ removed all earning options for UK users, and slowly moved my assets to other places.

I had to apply my "well-researched strategies and live life to the fullest" somewhere else as Binance doesn't give me options to earn! The transition to EVM-compatible chains started, as aftermaths of the decision.

I got upset when all the Binance Earn opportunities were closed for me, as the new Terms of Use with local regulations removed the services for British users. I couldn't subscribe to any earning options, and the ones that I already enrolled were fulfilled.

I was surprised when I was able to join the Maverick ($MAV) launchpool, which meant that the restriction for this tools doesn't apply. Maverick is a composable DEX that enables LP to achieve high capital efficiency through different strategies.

The farming period was set to 25 days, and 30,000,000 $MAV tokens were allocated to the campaign. Binance users where able to deposit BNB and TUSD in two separate pools, farming at an APY close to 6%.

The $MAV token wasn't listed at the start of the campaign, and I decided to sell on listing day. I farmed 3.6 tokens and I dusted them for Binance Coin, which was then added in the pool for more farming power.

The faming continued hustle free, until a new launchpool was announced. Decided to split the BNB in equal shares, and farm both $MAV and $PENDLE. The total rewards from Maverick reached 5 tokens when I shifted my farming strategy.

Pendle is a yield-trading protocol that separates a yield-bearing asset into its principal and yield component, allowing the crypto bro to earn fixed of flexible yields. Something similar was launched by APWine in 2020, so this is not really something innovative.

The $PENDLE token is the cryptocurrency that is used for liquidity incentive, governance and fee value accrual. The farming will be open for 25 days, and only 5,021,222 $PENDLE were allocated to the campaign.

I had four $BNB staked to earn $MAV, and moved two of them in the new $PENDLE pool. Checked after one day and the earnings were almost identical. The $MAV farming got better, as the majority of users moved the funds in the new pool.

The double farming lasted for 6 days, and went full $PENDLE when the Maverick farming concluded. I've got Bitcoin Cash from a ghost meme competition and swapped for TUSD, which was staked into the launchpool as well.

The low $PENDLE supply allocated to the campaign makes the farming harder. However, I think I will keep the tokens when the launchpool will end... because I have good DeFi vibes from the project. PENDLE is in the top 300 crypto chart, with a value that trends towards one dollar.

It had ATH above $2 and a massive crush in 2022, making the current value 1800% higher than last year. Half way through the campaign and I farmed 1.12 $PENDLE up to date. The amount by the end of the campaign would not be a game-changer, and I will just keep the tokens.

Binance is on fire lately, as a launchpad was also added. Happy to see I am eligible to participate, as the previous launchpads generated between 20x and 1600x profit. BNB ready for commitment, and hopefully another successful dump!

Arkham ($ARKM) is an intel-to-earn token powering the de-anonymization of the blockchain with AI, a concept that I had to presearch. Users can obtain various information through the platform Arkham, such as the entities and individuals behind each encrypted wallet address, historical data to see what top traders/investors are doing in real time, flow of funds and predict future market trends, investment portfolio and historical performance, even conduct due diligence, observe illegal capital flows, and carry out on-chain investigations

The sale price was set at 0.05 USD per token, and Binance users will compete to get a share of the 50,000,000 $ARKM tokens. I am hoping for at least 20x but I will be happy with a 100% profit.

Meanwhile, Ripple won the case against SEC and started pumping! Had some $XRP in my bag and 70% growth in few hours was motivational enough to sell. I swapped the tokens on the peak of the pump and bought 99.99 $MAV. The idea behind the investment was given by how well Maverick was deployed on zkSync, and the long term development of the layer-2 chain.