Cryptocurrency enthusiasts can now participate in the highly anticipated BounceBit (BB) Megadrop, an event organized by Binance, one of the leading cryptocurrency exchanges. This unique opportunity allows users to join the MegaDrop by subscribing to BNB locked products or completing Web3 Quests.
Starting on April 26, 2024, 00:00:00 UTC, participants can participate in the BounceBit Megadrop until May 12, 2024, 23:59:59 UTC. By locking their BNB in BNB Locked products, users increase their chances of earning attractive rewards. Regular snapshots of the subscription amount will be taken and the locked BNB score will be calculated based on these snapshots.
To further add to the excitement, participants can also choose to complete exciting Web3 Quests to earn additional rewards. The first Web3 quest, titled “Stake 0.0001 BTCB to BounceBit” (tutorial), will be available from 13 May 2024 at 06:00:00 UTC.
Binance is set to list the BounceBit (BB) token on May 13, 2024 at 10:00:00 UTC. Traders will have access to a variety of trading pairs including BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, and BB/TRY. It is important to note that the token will have a seed tag attached to it.
The BounceBit MegaDrop claims a total token reward of 168,000,000 BB, which represents 8% of the maximum token supply of 2,100,000,000 BB. The initial circulating supply upon listing will be 409,500,000 BB, which is 19.5% of the maximum token supply.
Rewards are calculated based on the user’s total score, which is determined by multiplying the locked BNB score by the Web3 Quest Multiplier and adding the Web3 Quest Bonus. The Locked BNB Score is influenced by the average locked BNB amounts for various periods ranging from 30 to 120 days. The Web3 Quest multiplier is set to 1.5, and there is a Web3 Quest bonus of $1,000.
To participate in the BounceBit Megadrop, individuals must log into their Binance accounts and either subscribe to BNB locked products or complete specified Web3 Quests through the Megadrop feature on the Binance app. An active Binance Web3 wallet is required to successfully complete searches.
Once the Quest period ends, participants can view their MegaDrop rewards in their Binance Spot wallet. It is important to note that external wallets imported into the Binance Web3 wallet will not count towards the MegaDrop. Only wallets created within the Binance Web3 Wallet are eligible for participation.
For more detailed information on BNB Locked products, including APR and subscription limits, interested persons can refer to the Binance website. Additionally, BounceBit (BB) project links, such as the website and whitepaper, provide further insight into the project.
Participants should be aware that joining the BounceBit (BB) MegaDrop may be required to complete identity verification in eligible jurisdictions, and certain features of the MegaDrop may be subject to regional restrictions.
Don’t miss the exciting opportunity to participate in the BounceBit (BB) megadrop on Binance. Be it subscribing to BNB locked products or completing Web3 quests, participants can earn attractive rewards and be a part of this innovative crypto event.
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