Launchpool FAQ

1. What Is FameEX Launchpool?

FameEX Launchpool is a free blockchain project launch platform where users can discover and seize new cryptocurrency opportunities at the first hand. By freely depositing and withdrawing USDT or other cryptocurrencies, users can earn airdrop rewards from popular or newly listed tokens. It’s like keeping your cryptocurrency in one place and earning interest in the form of new project tokens.

2. What Do I Need to Qualify for Launchpool?

All you need to do is to sign up on FameEX and complete our primary KYC verification to participate in Launchpool. Sign Up Now!

3. How to Join Launchpool?

Please ensure that you register and complete the primary KYC verification. After a project subscription begins, deposit USDT or the specified crypto asset as required based on each project detail. During the subscription period, the system will randomly take snapshots every hour of the assets you have deposited. Rewards will be distributed proportionally based on the minimum value of your hourly snapshots compared to the total minimum snapshots of all participants during that hour.

4. How Many Tokens Can I Earn from a Project?

During the subscription period, FameEX Launchpool will take snapshots for participants every hour and calculate token rewards based on the snapshot amount. The specific calculation formula is as follows:

• Received token rewards = Valid deposit amount of a user / Valid deposit amount of all participants × Total token rewards

• Valid deposit amount = Sum of the minimum values from the hourly random snapshots

• Total valid deposit amount of all participants = Sum of the minimum values from the hourly random snapshots of all participants

• The total token reward value varies for each project. Please refer to the project airdrop announcement for specific details. The more you deposit, the more tokens you will earn.

• The FameEX Launchpool system will calculate the rewards every hour.

For example:

The total token reward is 120,000 UNI. With hourly interest calculations and a project duration of 4 days (96 hours), 1,250 UNI will be distributed each hour. If the total deposit for the previous hour is 10,000 USDT and User A‘s valid deposit amount is 1,000, then User A’s final token reward is calculated as follows:

1000 / 10000 × 1250=125 UNI

5. What Is a Snapshot and Its Rule?

A random snapshot is taken at various moments within each hourly interval, recording the deposited asset amount in each user’s account. The valid deposit amount for that hour is determined by taking the minimum value among these recorded amounts.

6. When Can I Receive My Token Rewards?

Each project will undergo three phases: the pre-launch period, the subscription period, and the closing day.

• Pre-Launch Period: A project is announced and promoted. You can review project details such as the whitepaper and official website to learn about its value.

• Subscription Period: You can deposit the specified assets for the project, allowing the system to take snapshots and calculate rewards. During this phase, you can check the hourly token rewards.

• Closing Day: After the project concludes, the system will return the assets you deposited and distribute your reward tokens to your Spot Wallet.

Note: Some projects may offer phased payment through installments as part of their reward distribution. For details, please refer to the announcement for each project.

7. Does Participation Guarantee Token Rewards?

Yes, as long as you deposit the specified assets at any hour during the subscription period, you will get 100% rewards.

8. Does Depositing USDT or Other Tokens Refer to Asset Locked During the Subscription Period?

No, you can withdraw your assets as you want. For more details on deposits and withdrawals, please visit the Launchpool section in your “Earn Wallet” under “Assets”.

9. If I Decide to Discontinue a Project, How Do I Exit and Withdraw My Assets? Will This Affect My Rewards?

You can enter “Project Details” - “My Deposits” to withdraw your deposited assets at any time. When your deposited funds reach zero, it means you have already eXited the project. Any rewards earned before eXiting will be distributed at the end of the project.

10. Why Are My Reward Tokens Displayed as Locked?

It depends on the reward rules of each project. For details, you can check the unlock rules in the project details.

11. Can I Trade or Withdraw Token Rewards Immediately After Distribution?

Yes, you can immediately trade or withdraw token rewards after distribution. The tokens will be automatically transferred to your Spot Wallet. You can trade, transfer, or withdraw to other wallet addresses on FameEX. If you are optimistic about the token’s prospects, you can hold the tokens and wait for their value to increase.

12. How to Check My Rewards?

You can check your rewards by going to the project page and selecting “My Rewards” to view your rewards record.

13. Which Wallets Are Used for Deposits and Withdrawals of Funds?

For deposits, the system will automatically deduct your assets from your Spot Wallet and transfer them to your Earn Wallet. For withdrawals, the system will transfer assets from your Earn Wallet to your Spot Wallet.

14. Which Wallet’s Asset Amount Will Be Snapshotted?

Your asset amount in your Earn Wallet used for a single project will be snapshotted. If you participate in multiple projects at the same time, the amount deposited in each project will be counted in a separate snapshot.

15. Do I Need to Pay for Joining Launchpool Projects? Are There Any Trading Fees?

No, you don’t have to pay any costs, margins, or trading fees when participating in free airdrop projects.

16. Can I Participate in Multiple Projects?

Each KYC account can only participate in the same Launchpool project once, but you can participate in other ongoing Launchpool projects.

17. Are the Launchpool Rewards Distributed on a First-Come, First-Served Basis?

No, when a project concludes, rewards will be distributed based on the actual amount you deposited and your proportion of the total rewards.

18. How to Participate in “FameEX Launchpool Referral” Projects to Earn Rewards?

During a Launchpool project period, click the share button to generate your eXclusive invitation poster. Friends who register and participate in the FameEX Launchpool project using your poster will be considered successfully referred by you. Each successfully referred friend will earn you eXtra token rewards at the end of the project. These rewards will be airdropped to your Spot Wallet after the project concludes. The amount of airdropped tokens can be viewed in the project rules for each phase.