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Launchpool is a mechanism that allows projects to launch new tokens through cryptocurrency exchanges, where tokens are distributed among users who meet certain conditions, such as placing (stake) specific coins.
This process typically occurs on platforms that support launchpools and allows users to receive new tokens for free in exchange for locking up their coins for a certain period of time. Launchpools provide investors with the opportunity to participate in the early stages of crypto projects with potential growth.
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