BounceBit (BB) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate!

2024-04-25 16:30:00Binance分享至:

IMPORTANT: Binance will be the first platform to list the token mentioned
herein. Any claims to offer this token for sale before the stated timeline are
false advertising. Please do your own research to ensure safety of your funds.
This is a general announcement. Products and services referred to here may not
be available in your region.
Fellow Binancians,
Binance is excited to announce the first project on Binance Megadrop
- BounceBit (BB), a BTC restaking chain.
Users can start participating in the BounceBit Megadrop from 2024-04-26
00:00:00 (UTC). The BounceBit Megadrop page is estimated to be available on the
Binance App in five hours.
Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open
trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs. The
Seed Tag
will be applied to BB. Read about BounceBit (BB) in ourresearch report
.
BounceBit Megadrop Period:
*
2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC)
*
BNB Locked Products Snapshot Period:
*
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked
Products before
2024-04-26 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts
will be taken during this period. For more information onBNB Locked Products
, refer to the FAQ
.
*
Web3 Quest Period:
*
Users may complete Web3 Quest(s) during the Quest Period.
*
Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit” (Tutorial
)
*
2024-05-13 06:00:00 (UTC)
*
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot
Wallet .
BounceBit Megadrop Details
*
Token Name: BounceBit (BB)
*
Max Token Supply: 2,100,000,000 BB
*
Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
*
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
*
Smart Contract Details: BounceBit
*
User Eligibility: KYC required in eligible jurisdictions
*
Hard Cap per User: 1,344,000 BB
*
Rewards Calculation
:
Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
*
Locked BNB Score (based on hourly snapshots during the BNB Locked Products
Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day
BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average
30-day BNB Locked Amount x 100)
*
Web3 Quest Multiplier: 1.5
*
Web3 Quest Bonus: 1,000
How to Get Started With Binance Megadrop*:
*
Log into your Binance account .
*
Subscribe to BNB Locked Products
and/or complete all
designated Web3 Quest(s) via Megadrop on the Binance App
to accrue scores. To complete Web3 Quests, make sure you haveat least one
active Binance Web3 Wallet. Create your first Web3 Wallet
now if you have not yet done so.
*
After completing all the designated Web3 Quest(s), click on the [Verify]
button at the Megadrop project pagebefore the Quest Period ends to successfully
obtain the Web3 Quest Bonus and Web3 Quest Multiplier.
*
Receive Megadrop rewards based on your Total Score
.
* Notes:
*
External wallets imported to Binance Web3 Wallet will not count. Only backed-up
wallets that arecreated in Binance Web3 Wallet may participate in Megadrop
events.
*
About BNB Locked Products
*
Users will receive different scores for each active subscription based on the
subscription period.The longer the duration, the higher the Locked BNB Score.
Refer to theBNB Locked Products
page for the latest APRs
andmaximum subscription limits.
*
Users may receive both Megadrop and Launchpool rewards
at the same time (where applicable). There is no need to redeem BNB Locked
Products positions to participate in Launchpools.
*
BNB Vault assets will not count toward the Megadrop score calculation.
BounceBit (BB) Project Links:
*
Website
*
Whitepaper
*
X
*
Medium
Further Information:
*
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3
Quests
*
What Is Binance Megadrop
*
What Is Binance Web3 Wallet and How Does It Work
*
How to Back Up Your Binance Web3 Wallet
*
Frequently Asked Questions on Megadrop and BNB Locked Products
Terms & Conditions:
*
Only users who complete identity verification
in eligible jurisdictions
may participate in the BounceBit (BB) Megadrop.
*
During the BNB Locked Products Snapshot Period, snapshots of users’ BNB Locked
Products subscription amounts will be taken multiple times at any point of time
each hour to get users’ hourly average subscriptions and calculate users’
Locked BNB Score. Locked BNB Score will be updated on a daily basis.
*
Each sub-account will not be viewed as an independent account when
participating in this Megadrop. Sub-accounts’ subscription amount will be
combined with the master account’s standard subscription amount.
*
Please note that some features of Megadrop may not be available in every
country due to regional restrictions. This includes, but is not limited to,
Web3 Wallet access or participation in Simple Earn. Therefore it is possible
that only some features of the Megadrop platform may be available in users’
regions, and users may have partial access to the Megadrop platform.
*
Currently, users residing in the following countries or regions will not be
able to participate in Megadrops by subscribing to BNB Locked Products or
completing Web3 Quests:
*
For Simple Earn BNB Locked Products participants: Australia, Canada, Cuba,
Crimea Region, Hong Kong, Iran, Japan,Lithuania, New Zealand, Netherlands,
North Korea, Russia, Singapore, Syria, United Kingdom, United States of America
and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana
Islands, the U.S. Virgin Islands), and any non-government controlled areas of
Ukraine.
*
For Web3 Quests participants: Australia, Brazil, Canada, Cuba, Crimea Region,
Cyprus, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore,
Syria, United States of America and its territories (American Samoa, Guam,
Puerto Rico, the Northern Mariana Islands, the U.S. Virgin Islands), and any
non-government controlled areas of Ukraine.
*
Please note that the list of excluded countries provided here is not
exhaustive and may be subject to changes due to evolving local rules,
regulations, or other considerations. This list may be updated periodically to
accommodate changes in legal, regulatory, or other factors.
*
There may be discrepancies in the translated version of this original article
in English. Please reference this original version for the latest or most
accurate information where any discrepancies may arise.
Thank you for your support!
Binance Team
2024-04-25
Trade on-the-go with Binance’s crypto trading app (iOS/Android)
 Find us on
*
Telegram
*
X
*
Facebook
*
Instagram
 Binance reserves the right in its sole discretion to amend or cancel this
announcement at any time and for any reasons without prior notice.
Disclaimer: Digital asset prices can be volatile. The value of your investment
may go down or up and you may not get back the amount invested. You are solely
responsible for your investment decisions and Binance is not liable for any
losses you may incur. Binance reserves the right to choose markets and
jurisdictions to conduct Megadrop and may restrict or refuse the participation
of Megadrop in certain regions at our sole discretion. Binance does not
guarantee that you will receive any specific reward, or any return over time.
Your eligibility to receive tokens or participate in the Megadrop is subject to
our sole discretion. Not financial advice. For more information, see our
Terms of Use
and
Risk Warning
. You may be subject to the terms of
Simple Earn
and
Binance Web3 Wallet
.

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