Clear DefinitionsLaunchpool
1 min read
Pronunciation
[lawnch-pool]
Analogy
A launchpool is like a rewards program where staking loyalty points gives you early access to new product drops.
Definition
A mechanism where users stake a platform’s native token to earn allocations in upcoming token sales or new token emissions.
Key Points Intro
Launchpools reward stakers through:
Key Points
Staking requirement: Lock native tokens (e.g., CAKE, SUSHI).
Reward tokens: Earn new project tokens proportionally.
Flexible duration: Pools run for fixed periods.
No LP needed: Uses single‐asset staking to reduce complexity.
Example
On PancakeSwap, users stake CAKE in a launchpool for 7 days to earn tokens of a new NFT marketplace project.
Technical Deep Dive
Launchpool contracts maintain `stakeAmount` per user and a global `accTokenPerShare` accumulator. On each block, `rewardPerBlock` is distributed: `user.pending = user.stake * accTokenPerShare - user.rewardDebt`. Users call `harvest()` to claim rewards; `stake()` and `withdraw()` update debts.
Security Warning
Unstaking early may forfeit accrued rewards; understand lock‑up and harvest rules.
Caveat
Rewards are pre‑mined tokens that may have limited liquidity post‑pool.
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