Bouncebit, a Bitcoin restaking platform recently Annouced Airdrop for everyone who stake Bitcoin in their platform. The protocol went viral After Binance Labs invests on it. And its now getting more attention Because Binance announced MegaDrop with Bouncebit.
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๐ How To Participate in Bouncebitย
To participate in the Megadrop, ensure you have a Binance Web3 Wallet & Locked some BNB in Binance BNB Vault. All activities will be carried out on the BNB Chain. The tokens required are BNB for gas fees and 0.0001 BTCB in your Binance Web3 Wallet to complete the task.
So, Simplyย
1. Have to Lock some $BNB in Binance ( Like Launchpool)ย
2. Do Web3 Quest Here Stake 0.0001 BTCB in Web3 Walletย
โ๏ธ How to create a Binance Web3 Wallet?
1. Download the Binance app, if you haven't already.
2. Log in to your Binance app.
3. Tap on "Wallets".
4. Navigate to the "Web3" tab at the top.
5. Tap "Create Wallet" and make sure you have backup verified. / If You already have one You ready to Go.
โก What is BTCB?
BTCB is a BEP2/BEP20 asset on the BNB Chain, pegged 1:1 to BTC. It operates on a centralized, trust-based model, meaning the amount of BTCB is equivalent to the amount of BTC locked in a public address.
๐ฆ How to get BTCB?
1. Head to the Home page of your Binance Web3 Wallet.
2. Click on "Transfer".
3. Choose "BTC".
4. Select "BNB Chain (BEP20)" as the network.
5. Proceed to "Transfer".
6. Enter the withdrawal amount.
7. Confirm Withdrawal.
๐ Rewards Calculation: Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus
๐ธLocked BNB Score (based on hourly snapshots during the BNB Locked Products Snapshot Period) = (Average 120-day BNB Locked Amount x 130) + (Average 90-day BNB Locked Amount x 120) + (Average 60-day BNB Locked Amount x 110) + (Average 30-day BNB Locked Amount x 100)ย
๐นWeb3 Quest Multiplier: 1.5
๐ธWeb3 Quest Bonus: 1,000
โก MegaDrop Detailย
๐ธToken Name: BounceBit ($BB)
๐นMax Token Supply: 2,100,000,000 BBย
๐ธMegadrop Token Rewards: 168,000,000 BB (8% of max token supply)
๐นInitial Circulating Supply: 409,500,000 BB (19.5% of max token supply
๐ธSmart Contract Details: BounceBit
๐นUser Eligibility: KYC required in eligible jurisdictions
๐ธHard Cap per User: 1,344,000 BB
๐ฅ Massive Shoutout To Bouncebit Team For a Simple Guide for Web3 Quest ๐ฅ
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#megadrop #Binancemegadrop #bitcoin