What Is Flipster Launchpool?

What Is Flipster Launchpool

Flipster Launchpool is a dynamic staking feature that enables users to boost their crypto earnings by staking their assets. By participating, users can earn daily USDT rewards, which complement any potential price appreciation of their staked assets. Launchpools also offer task-related incentives in the form of multiplier on rewards, allowing users to increase their staking returns based on completed tasks.

This setup provides participants with the opportunity to earn consistent daily rewards while maximizing their returns through both staking and task-related activities, making it an attractive option for crypto investors and traders to optimize their assets.

How Does Flipster Launchpool Work

Flipster Launchpool rewards users with daily USDT rewards on their staked assets. Participants need to stake their crypto tokens, and the platform maximizes their earnings through multiplier effects. Depending on the Launchpool, the maximum multiplier and criteria will differ. Here is an example:

1x Multiplier: Stake the event’s feature coin. 

2x Multiplier: Trade more than 10,000 USDT across any crypto. 

3x Multiplier: Make your first deposit on the platform. 

4x Multiplier: Achieve Flipster VIP status for the highest earnings boost.

How Are Daily Rewards on Flipster Launchpool Determined

The daily staking rewards are distributed based on the user’s proportion of staked assets relative to the total assets staked on the platform. Flipster Launchpool applies the multiplier effect to both the user’s and the total staked assets to calculate the user’s share of the daily reward.

The formula is as follows:

(User's staked assets with multipliers / Total staked assets with multipliers) x Daily USDT launchpool reward

Example

Flipster Launchpool

Total daily USDT launchpool reward: 20,000 USDT

Total staked assets on Flipster: 200,000 USDT (including multipliers)

User A 

Staked assets: 5,000 USDT (after applying the relevant multiplier)

Staked proportion out of total staked assets: 5,000 / 200,000 = 0.025

Staked proportion x Total daily USDT launchpool reward = Daily USDT reward  

0.025 X 20,000 USDT = 500 USDT 

User A would receive a daily reward of 500 USDT based on their proportion of the staked assets after applying multipliers.

Achieve a multiplier effect on your staked amount and earn a bigger share of the daily rewards by meeting the minimum trading volume and/or becoming a Flipster VIP.

Does Flipster Launchpool Allow Unstaking of Assets at Any Time

Participants have the flexibility to unstake their assets at any time. However, it’s important to note that unstaking will result in forfeiting any earned rewards. Additionally, if restaked, rewards will only be calculated from the time of restaking.

How to Maintain VIP Status While Staking in the Launchpool?

When participating in the Launchpool, it's important to note that staked funds do not count towards your VIP status and are excluded from the calculation.

For example, if you have 50,000 USDT in your account and stake the full amount in the Launchpool, you will no longer meet the VIP requirements. To maintain VIP status while staking, you can:

• Deposit additional funds so that your available balance still qualifies for VIP status even after staking.

• Adjust your staked amount by unstaking from the Launchpool and staking a smaller portion, ensuring that your remaining balance meets the VIP threshold.

How to Participate in Flipster Launchpool

To join Flipster Launchpool and start earning rewards:

1. Sign up for an account on the Flipster website or by downloading the Flipster app (Android or Apple).

2. Click the [Earn] tab.

3. Select Launchpool.

4. Start staking.

Disclaimer: This material is for information purposes only and does not constitute financial advice. Flipster makes no recommendations or guarantees in respect of any digital asset, product, or service. Trading digital assets and digital asset derivatives comes with significant risk of loss due to its high price volatility, and is not suitable for all investors.