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 engage in the Megadrop by subscribing to BNB Locked Products or completing Web3 Quests.
Starting from April 26, 2024, at 00:00:00 UTC, participants can take part in the BounceBit Megadrop until May 12, 2024, at 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 amounts will be taken, and the Locked BNB Scores will be calculated based on these snapshots.
To further enhance the excitement, participants can also choose to complete engaging Web3 Quests to earn additional rewards. The first Web3 Quest, titled “Stake 0.0001 BTCB to BounceBit” (Tutorial), will be available from May 13, 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 various trading pairs, including BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, and BB/TRY. It’s important to note that the token will carry a Seed Tag.
The BounceBit Megadrop boasts a total token reward of 168,000,000 BB, representing 8% of the maximum token supply of 2,100,000,000 BB. The initial circulating supply upon listing will be 409,500,000 BB, accounting for 19.5% of the maximum token supply.
The rewards calculation is based on a 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 different durations, ranging from 30 to 120 days. The Web3 Quest Multiplier is set at 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 the designated Web3 Quest(s) through the Megadrop feature on the Binance App. It is essential to have an active Binance Web3 Wallet to successfully complete the quests.
Once the Quest Period ends, participants can view their Megadrop rewards in their Binance Spot Wallet. It’s important to note that external wallets imported to the Binance Web3 Wallet will not be counted for the Megadrop. Only wallets created within the Binance Web3 Wallet are eligible for participation.
For more detailed information on BNB Locked Products, including APRs and subscription limits, interested individuals can refer to the Binance website. Additionally, the BounceBit (BB) Project Links, such as the website and whitepaper, provide further insights into the project.
Participants should be aware that joining the BounceBit (BB) Megadrop may require completion of identity verification in eligible jurisdictions, and some features of the Megadrop may be subject to regional restrictions.
Don’t miss out on the thrilling opportunity to take part in the BounceBit (BB) Megadrop on Binance. Whether through subscribing to BNB Locked Products or completing Web3 Quests, participants can earn attractive rewards and be part of this innovative crypto event.
Image source: Shutterstock
. . .
Tags
