How to earn Project Galaxy (GAL) Token? How to farm? Binance New launchpool opportunity
Greetings crypto lovers, Binance has announced its 30th Launchpool project, Galaxy project ie GAL token can be earned by farming on Binance launchpool. What you need to do is very simple, buy BNB, Cake, or BUSD as a binance subscriber and stake ( farm ) on Project Galaxy launchpool page. The system works very easily, you will earn GAL tokens every hour in return for the BNB, BUSD, and Cake you have locked. You can stop this farm event at any time and withdraw your BNB, BUSD or cake tokens to your spot account without loss. Binance continues to offer crypto investors an opportunity to earn with the projects it has developed on launchpool and launchpad. Last month, the Stepn project was made available to people on launchpad, with the 0.1 USD worth of GMT tokens rising to $3.2 levels in just one month. How to earn Binance Project Galaxy (GAL) Token?
How to earn Project Galaxy (GAL) Token? How to farm? Video narration:
Create a Binance account ( CLICK HERE TO CREATE A BINANCE ACCOUNT WITH 20% COMMISSION DISCOUNT )
Top up Binance (BUSD, BNB or Cake)
Click on the Launchpad page and start farming by selecting the farm option you want here.
Everything is that simple and easy.
Detailed information about Project Galaxy:
Meet Project Galaxy (GAL) on Binance Launchpool!
By Staking Farm GAL, BNB, BUSD and CAKE
Binance is excited to announce its 30th project on Binance Launchpool – Project Galaxy (GAL), a Web3 credential data network.
Users will be able to stake their BNB, BUSD and CAKE in separate pools to collect GAL tokens for 30 days with farming starting from 2022-04-29 00:00 AM (UTC).
Binance will then list GAL in the innovation zone at 2022-05-05 12:00 PM (UTC) and open trades with GAL/BTC, GAL/BNB, GAL/BUSD and GAL/USDT trading pairs.
GAL Launchpool Details:
Token Name: Project Galaxy (GAL)
Total Token Supply: 200,000,000 GAL
Launchpool Token Rewards: 3,000,000 GAL (1.5% of total token supply)
Initial Circulating Supply: 35,161,333 GAL (17.58 percent of total token supply)
Smart Contract Address: GAL ( ERC-20 ); GAL ( BEP-20 )
Staking Conditions: No upper limit. KYC required
Stakes BNB: 2,100,000 GAL rewards (70%)
Bet KEK : 600,000 GALs (20%) in prizes
Stake BUSD : 300,000 GAL reward (10%)
Farming Period: 2022-04-29 00:00 AM (UTC) – 2022-05-28 23:59 PM (UTC).
GAL Agriculture Distribution
Dates (everyday 00:00:00 – 23:59:59 UTC) Total Daily Rewards (GAL) BNB Pool Daily Rewards (GAL) KEK Pool Daily Rewards (GAL) BUSD Pool Daily Rewards (GAL)
2022-04-29 – 2022-05-05 214.285,71 150.000.00 42,857.14 21,428.57
2022-05-06 – 2022-05-28 65.217.39 45.652.17 13.043.48 6.521.74
Read about Project Galaxy (GAL) in our research report here.
Snapshots of user balances and total pool balances will be taken every hour to calculate user rewards, which will be updated hourly.
Users will be able to accumulate their rewards (calculated hourly) and receive them directly into their spot accounts whenever they want.
Each pool's annual percentage return (APY) and total pool balance will be updated in real time.
Tokens can only be staked in one pool at a time. For example, User A cannot allocate the same BNB to two different pools at the same time, but can allocate 50% of their BNB to pool A and 50% to pool B.
Users will be able to withdraw their funds and join other available pools immediately without delay at any time.
Tokens deposited into each pool, as well as unclaimed rewards, will be automatically transferred to each user's spot accounts at the end of each farming period.
BNB staked on Launchpool will continue to provide users with standard benefits for holding BNB such as airdrop, Launchpad eligibility, and VIP benefits.
Please note that Binance Labs has an investment stake in Project Galaxy.
Prepared by: Emre Ata
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