Launchpool FAQ – NodeXX

What is Launchpool?

Launchpool is a platform jointly offered by NodeXX Earn and project partners, where users can stake assets and earn popular new tokens. Products are divided into different reward pools based on the staking token, helping users easily obtain high-potential tokens by locking designated assets.

Launchpool Product Rules

Launchpool products can be subscribed to at any time from the start of the pre-subscription period until the product ends. For successful subscriptions during the pre-subscription period, interest accrual begins on the product start date. For successful subscriptions during the mining period, interest accrual begins on the next day (T+1, UTC). Daily interest for the previous day starts being distributed from the day after the interest start date (T+2, UTC). The yield model is “daily interest distribution,” and daily interest is automatically credited to the Spot Account. Launchpool products have a fixed term and are automatically redeemed upon maturity. The redeemed amount is returned to the Spot Account on the day after the product maturity date (UTC).

How is Launchpool’s daily yield calculated?

The total daily yield distributed by each Launchpool reward pool is fixed. At the end of each day (UTC), the Platform calculates each user’s holdings as a proportion of the pool’s current total holdings, and distributes yields to users accordingly. A user’s daily yield = Total daily yield of the reward pool × User’s holdings / Total holdings in the pool.