Join 91,682 users already on read.cash

Binance Launchpool - Project Galaxy ($GAL) intergalactic farming!

9 89
Avatar for PVMihalache
Written by   1004
1 week ago

I was waiting for a new earing opportunity on Binance, as not much happened in 2022. We had the League of Kingdoms ($LOKA) and the STEPN ($GMT) Launchpads and nothing since March. Both were good but I was missing the Launchpool's power farming. 

Move-to-Earn STEPN (GMT) on Binance Launchpad

Binance's gift for the start of 2022 - League of Kingdoms

It looks like CZ listened to my prayers and added Project Galaxy ($GAL) as the 30th Launchpad on Binance. The Crypto holders can stake Binance Coin, BUSD and CAKE to farm $GAL, the token that powers the Web3 credential data network. Project Galaxy has 200,000,000 $GAL total token supply and the Binance Launchpool will share 1.5% of it (3,000,000 tokens)

The farming will last for 30 days, between 29th of April to 28th of May 2022. The farming rates were higher until 5th of May, when the token was listed into the Innovation Zone. Galaxy ($GAL) was added with Bitcoin, Binance Coin, BUSD and Tether trading pairs. The token Smart Contract Address for both Ethereum and Smart Chain are GAL (ERC-20) and GAL (BEP-20). 

As usual, the majority of the tokens will be shared by the users staking Binance Coin (2,1000,000 $GAL), and smaller shares for CAKE and BUSD stakers. The reward will be updated hourly, and users can accumulate their rewards until the end of the farming period. Because at the moment is only one active launchpool, I choose to keep my BNB in the Vault. I will receive both BNB interest and daily shares of $GAL tokens. Three days after the farming started, I already farmed 2.62 tokens.

 

I had some spare BUSD in the flexible earnings, and chose to use them to stake $GAL. Farmed a small fraction of GAL but any value is better then zero! Don't keep lazy crypto in your portofolio.

Let's hope that the GALAXY earnings will reach intergalactic levels, as the limited edition Coca-Cola claims about the Intergalactic taste! To be honest I didn't felt any amazing flavour, maybe because I am not from Earth and I am used with the taste of stardust!

Project Galaxy is a Web3 credential data network that aimed to build an open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities. Galaxy will empower developers and will enable curators to aggregate credentials onchain and offchain. 

GAL will work as native utility and governance token, as a payment method for fees and for curating credentials. Curators are incentivized to stake #GAL tokens to signal a credential data sets value. I will farm it, hold it and see how the project unwraps. For tech savvy people ... this is how Galaxy works

Project Links:

Website: https://galaxy.eco/

Whitepaper: https://docs.galaxy.eco/

Telegram: https://t.me/ProjectGalaxyHQ

Twitter: https://twitter.com/ProjectGalaxyHQ

Residual Income: 

Join Upland

Join Crypto.com 

Hive Blogging - LeoFinance, Peakd, etc

Join Splinterlands!

Join the CakeDeFi revolution and get $30 worth of DeFiChain (DFI)

Amazon author page: PV Mihalache

Quality Faucets: Free-Litecoin , FreeBitcoin & Stakecube

Tier 4 referral system: Horizen (ZEN) & ZCash from PipeFlare GlobalHive

FreeCryptos GangDASH, TRX, ETH, ADABNBLINKNEOBTC LTC

I earn crypto for reading and writing on Publish0x and ReadCash, watching videos on Lbry.tv and surfing online on Brave Browser and Presearch

28
$ 8.85
$ 8.11 from @TheRandomRewarder
$ 0.30 from @Pantera
$ 0.10 from @Jane
+ 10
Sponsors of PVMihalache
empty
empty
empty
empty
Avatar for PVMihalache
Written by   1004
1 week ago
Enjoyed this article?  Earn Bitcoin Cash by sharing it! Explain
...and you will also help the author collect more tips.

Comments

Google is now paying $99 to $140 per hour for doing work online work from home. Last paycheck of me said that $18537 from this easy and simple job. Its amazing and earns are awesome. No boss, full time freedom and earnings are in front of you. This job is just awesome. Every person can makes income online with google easily.. :) AND GOOD LUCK.:) HERE====)> https://www.incomesboost.com

$ 0.00
1 week ago

Thanks for the heads up Paul. I just staked my BNB too

$ 0.00
1 week ago

I guess for one to be getting these updates, he has to stay active in the crypto-verse.

$ 0.00
1 week ago

This could be an other amazing project.good to be there

$ 0.00
1 week ago

Oh, I will stake my BNB for this. Thanks PVM.

$ 0.00
1 week ago

You earn if you have BNB in vault

$ 0.00
1 week ago

I remove my BNB there so need to put it back.

$ 0.00
1 week ago

This could be another promising project. Good to be in the spot.

$ 0.00
1 week ago

Was listed yesterday at about $16

$ 0.00
1 week ago