Participating in launchpools can be profitable, as it allows you to earn tokens from new initiatives by staking existing assets. Profitability depends on the volume of allocated tokens (allocation), staking duration, and the project’s popularity. However, it’s important to consider risks, such as token price volatility after listing.

To participate in launchpools, platform-specific tokens (e.g., BNB for Binance Launchpool) or liquid crypto assets (BTC, ETH, USDT, USDC, etc.) specified in the project’s terms are usually required. The exact list of eligible tokens can be found in the Pools column.