The difference between launchpad and launchpool lies in how crypto projects raise capital and distribute tokens. Launchpad is a platform that helps new projects sell tokens directly to investors. Users buy tokens before they are listed on exchanges, helping the project have capital to grow.
Launchpool allows users to stake existing tokens to receive new tokens from projects. Users do not need to buy tokens, they just need to stake tokens to receive new tokens. This is an equitable approach and encourages community participation.
Understanding the difference between launchpad and launchpool helps you optimize your investment strategy. Follow Learn Crypto Trading to master this knowledge and improve your trading skills in the cryptocurrency market.
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