🌕 Gate Square · Creator Incentive Program Day 8 Topic– #XRP ETF Goes Live# !
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🔥 Day 8 Hot Topic: XRP ETF Goes Live
REX-Osprey XRP ETF (XRPR) to Launch This Week! XRPR will be the first spot ETF tracking the performance of the world’s third-largest cryptocurrency, XRP, launched by REX-Osprey (also the team behind SSK). According to Bloomberg Senior ETF Analyst Eric Balchunas,
#PTB创作大赛# The PTB Launchpool on the Gate platform is in full swing, with high user participation enthusiasm. So, what is the difference between Gate's Launchpool and regular staking?
1 Earning Method
Launch Pool: Users stake mainstream assets (such as USDT, BTC, ETH, etc.), and the system distributes new project tokens as rewards every hour according to the staking ratio. If the new tokens have a premium after being listed, they can be sold for profit, and the收益来源 is the appreciation of the new project tokens.
Ordinary stake: Typically, interest income is obtained through lending or platform subsidies, and the income is linked to the lending demand for the staked assets or platform subsidies, without involving new project tokens.
2 Risk Characteristics
Launch Pool: The price of new tokens is highly volatile. If they fall below the issuance price or lack liquidity after listing, it may lead to a significant decrease in returns or even losses. It is important to pay attention to project quality and market enthusiasm.
Ordinary staking: The main risks are the price volatility of the staked assets and platform credit risk. The returns are relatively stable, but the annualized yield is usually lower.
3 Participation Threshold and Flexibility
Launch Pool: Supports multi-token stake, with a low threshold, funds can be redeemed at any time, suitable for small and medium investors.
Regular staking: Some platforms have restrictions on the types or amounts of staking assets, and there may be a lock-up period or fees for redemption.
Distribution frequency of earnings
1 Launch Pool: Earnings are distributed every hour, with high capital flexibility.
Ordinary stake: The income distribution period is relatively long, such as daily, weekly, or uniformly distributed after the end of the event.
4 Project Participation
Launch Pool: Users can participate in the early development of new projects by staking, with the opportunity to receive airdrops of new tokens.
Ordinary stake: The main purpose is to obtain interest income, which is unrelated to the issuance of new projects.
Summary: Launch Pool is more suitable for users seeking high returns and willing to take on the risks of new projects; regular staking focuses more on stable returns and the safety of funds. Before participating, it is important to choose based on one's own risk tolerance and investment goals.
By comparison, the advantages and disadvantages are clear, so take action quickly. I am waiting for you at GateLaunchpool