The staking platform allows users to redeem their funds before the staking period ends. The farming of GAL tokens will start on April 29 at 00:00 AM (UTC) and will last until May 28 at 11:59 PM (UTC).For additional details, head over to the Binance support page. Note that the pictures below are from previous Launchpool programs. You can check your staking Pools at any time if you go to the Launchpool tab and click Launchpool Farming on the left side of the screen. You can buy and trade BNB, CAKE or BUSD and add them later on during the staking period.Īfter you confirm the transfer you'll receive a " Subscription success" pop-up message.
You can stake multiple times if you want. The interest amount is rounded down to 8 decimal places. The interest amount is calculated and distributed daily based on your available flexible savings assets. That means that no interest is accumulated on products purchased on the day of subscription. Note that Flexible Savings product subscriptions are closed during 23:50-00:10 (UTC) daily. The rewards allocated to each pool will be split evenly every day over the 30-day period. The GAL farming program on Launchpool will last until May 28.Īfter you've completed your flexible savings transfer, your stakes token balances will be recorded each hour for 30 days after the staking period begins to calculate a daily average token balance. Users will need to complete a flexible savings transfer so that their balance is included in the Launchpool calculations. Project Galaxy Launchpool calculation and distribution rulesįor the Project Galaxy program on Binance Launchpool, users will be able to obtain GAL tokens by staking BNB, CAKE or BUSD.
You'll need to select which token you will be staking - BNB, CAKE or BUSD.ģ. Now, you can see all the completed and upcoming IEO token sales and Launchpool programs on Binance.Īfter you're verified, select the Project Galaxy farming program from the list of upcoming and completed Binance Launchpool projects.
#BINANCE GAL COIN HOW TO#
How to buy Binance Coin (BNB) on Binance?Īfter you successfully register, go to the Launchpad section of the navigation menu. The first step for participating in the token sale is to create an account on Binance. Here's a step-by-step guide that will show you how to earn GAL tokens on Binance Launchpool. Project Galaxy Is the Latest Project on Binance Launchpool How to earn Project Galaxy (GAL) on Binance Launchpool? The program will start on April 29 and will run until May 28. Users can stake BNB, CAKE and BUSD tokens. Binance users will be able to earn a total of 2 million GAL tokens through Binance Launchpool's staking program. Developers can also utilize the Credential Oracle Engine and Credential API for enhanced customized use cases such as credit scoring and sybil attack prevention algorithms.Binance has introduced Project Galaxy (GAL) as the latest project featured on the Binance Launchpool platform.
Use cases of the Application Modules include, among other benefits, Galaxy OATs (On-chain Achievement Tokens), NFT loyalty programs, growth hacking campaigns, gated community and customized governance. Galxe provides Application Modules, Credential API, and Credential Oracle Engine to help developers leverage credential data. Because the use of credential data will be charged based on the amount of usage and most of the fees collected will go to the credential data curators, such data curators are rewarded when credentials are used in Galaxy’s ecosystem. Project Galaxy’s base framework includes its Application Modules, the Credential Oracle Engine, and the Credential API for developers (data consumers) to leverage credentials. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage digital credential data and NFTs to build better products and communities. Galxe, previously known as Project Galaxy is one of the leading Web3 credential data networks.
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