Cryptocurrency exchange Binance has announced the GUNZ (GUN) token as its new Launchpool project. Looking at past Launchpool projects, we can estimate the new airdrop distribution by examining the average airdrop amount per staked BNB and FDUSD.
In previous projects, users who staked BNB received an airdrop worth $0.89 per token on average, while FDUSD stakers received an airdrop worth $1.78 on average per $1,000 of stablecoin staking.
Of course, this value may change if factors such as the number of participants in this project, the amount of tokens distributed, and the starting price of the token when listed are taken into account, but as a rough calculation, users who stake $1000 worth of FDUSD can receive an average of $1.78 in GUNZ airdrops, while a user who stakes $1000 worth of BNB can receive an average of $1.48 in GUNZ airdrops, in light of historical data.
However, the potential losses in value of the altcoins in question, such as a decrease or increase in the price of BNB, are not taken into account, and fluctuations in altcoin prices make staking highly risky.
The estimated returns for users who invested $1,000 in previous Binance Launchpool projects were as follows:
For BNB Stakeholders:
- RED: $1.58
- BIO: $0.75
- VALVE: $2.82
- USUAL: $3.30
- SCR: $1.53
- HMSTR: $0.48
- CATI: $1.02
- DOGS: $0.48
- IO: $1.38
For FDUSD Stakers:
- RED: $1.92
- BIO: $0.99
- VALVE: $4.59
- USUAL: $4.13
- SCR: $1.39
- HMSTR: $0.48
- CATI: $1.03
- DOGS: $0.31
- IO: $1.16
*This is not investment advice.