How to Participate in Trust Wallet Launchpool: Step-by-Step Guide

Building on our announcement of Trust Wallet Launchpool, we are excited to share this comprehensive step-by-step guide for our 140M+ users, showcasing how to participate in a launchpool and earn token rewards, reinforcing our commitment to empowering the community with seamless and rewarding Web3 experiences.

Let’s explore what Trust Wallet Launchpool is, how you can participate, and how to earn token rewards.

What Exactly is Trust Wallet Launchpool?

Trust Wallet Launchpool allows users to lock their TWT or other tokens in pools to earn tokens from emerging pre-launch or high quality projects. It offers a simple and secure way to engage with early crypto opportunities.

How to Participate in Trust Wallet Launchpool?

To participate in Trust Wallet Launchpool, you need to have the Trust Wallet App and hold Trust Wallet Tokens (TWT), or other tokens as specified by each pool’s requirements.

Here’s a step-by-step guide on how it works:

Step 1: Set Up or Log In to Trust Wallet

Log in to your Trust Wallet app. If you’re using Trust Wallet for the first time, select “Get Started,” then follow the instructions to create or import a wallet to join the Launchpool.

Step 2: Access the Launchpool

Click on the "Earn" section then select "Launchpool" to view all Ongoing and Ended Launchpools. Then, choose an Ongoing Launchpool you want to participate in, and click "Join."

Step 3: Choose a Pool and Lock Your Tokens

Select the pool you want to join, such as “TWT” or “FDUSD” for example. Tap on "Lock [selected token]" to start staking. Enter the amount of tokens you wish to lock, then click "Continue" to confirm and begin staking.

Step 4: Approve and Confirm Staking

A request for approval will appear on your screen. Review all the details, then click “Continue” to allow access to your tokens. Finally, click “Confirm” to lock your tokens in the pool.

Step 5: Monitor Your Locked Tokens

On the "Launchpool Details" page, you can see the amount you’ve locked and the staking status. Once the locking period ends, the “Redeem” button will become active, allowing you to click it and redeem your locked tokens.

Step 6: Track and Claim Your Rewards

To track your rewards, click on “Reward Tracker” at the top of the Launchpool tab. This will show all the pools you’ve participated in. To claim your rewards, click the "Claim" button next to the respective pool. Ensure you have enough gas fees available for the transaction. After confirming, you’ll be able to see the total rewards you’ve claimed from the Launchpool.

Guidelines and Rewards Calculation

• Rewards are calculated from the time of locking until the end of the campaign.

• Once the token is locked, users cannot redeem their locked tokens until the lock period ends.

• The timing and amount of tokens locked will influence the total rewards.

• If the TWT is not redeemed from the locking pool after the campaign ended, it will be automatically locked in the next session of the campaign, providing participants with the earliest opportunity to earn next round of rewards.

Why Should You Participate in Trust Wallet Launchpool?

Trust Wallet Launchpool is one of the top new features designed to benefit our community, especially TWT holders. By locking existing tokens like TWT or other tokens, users can earn rewards from high quality projects, providing a unique opportunity to engage with new crypto ventures at a relatively lower risk. This feature allows users to diversify their portfolios and potentially grow their assets, all while supporting promising projects in the early stages.

So, be on the lookout for more exciting updates and collaborations to enhance the Trust Wallet Launchpool experience, and follow us on our social channels so you don’t miss a thing!

Disclaimer: Content is for informational purposes and not investment advice. Web3 and crypto come with risk. Please do your own research with respect to interacting with any Web3 applications or crypto assets. View our terms of service.

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Note: Any cited numbers, figures, or illustrations are reported at the time of writing, and are subject to change.