01Why measure the capital lock
Launchpool looks like "free mining", but the money you stake is tied up and can't be used elsewhere — that's the capital cost. Set it against your assumed output to judge whether it's worth it. Remember the output is a new token with a floating value; don't take a high APR at face value.
02Why not to trust "APR"
Marketing throws out "hundreds or thousands percent APR" — that's a short-term, backward-looking figure annualised, not sustainable and not guaranteed. For a sober view of Launchpool returns see this guide; for how it differs from Launchpad see this one.