Binance Megadrop is taking BounceBit to new heights by storm
The epic MEGADROP project — BounceBit is about to make its debut on May 13!
MEGADROP — a token launch platform where you can participate in web3 quests or subscribe BNB to Locked Products to get huge rewards!
Get project tokens before they are listed on Binance!
BOUNCEBIT - offers BTC restaking services and a CeDefi framework that combines centralized and decentralized finance for lucrative yields.
The new creation ‘MEGADROP’ comes with dual benefits - HOW?
1- Launchpool Rewards
2- Megadrop Rewards
Note: You’ll be eligible for both rewards if Launchpool and Megadrop are running side by side!
Let's learn the difference between both:
One of the standout features of Megadrop is its "locking" mechanism that ensures your BNB cannot be withdrawn for a specified duration.
This mechanism is distinct from the "staking" mechanism of Launchpool.
Despite this difference, you can participate in both Megadrop and Launchpool simultaneously, and reap the rewards of each platform.
1- HOW TO PARTICIPATE?
Megadrop: You need to subscribe BNB to Locked Products or complete Web3 quests
Launchpool: Stake BNB or FDUSD (or any other designed token) in separate pools
2- HOW TO SUBSCRIBE TOKENS?
Megadrop: You need to subscribe BNB to Locked Products
Launchpool: You can do it directly from the Launchpool page, BNB Locked Products, or BNB Vault
3- REWARDS CALCULATION
Megadrop: Depending upon the BNB subscription volume, the longer the duration greater the reward and completion of Web3 tasks
Launchpool: Depends on the subscription volume (amount of BNB or other tokens you subscribed to). The more BNB you stake, greater will be the reward
4- REWARD BOOST
Megadrop: You can boost your reward by completing the web3 quests in Binance Web3 Wallet.
Launchpool: Here, no reward boost is applied
5- REWARD DISTRIBUTION
Megadrop: Reward is distributed on a specific date in the Binance Spot Wallet. The date will be mentioned in Megadrop’s project announcement
Launchpool: You can harvest your rewards after short intervals — the rewards go straight to your Binace Spot Wallet
6- TYPES OF PROJECTS
Megadrop: Only new tokens are announced on Binance Megadrop.
Launchpool: Both existing and new tokens can get selected for Binance Launchpool
Now, you are more familiar with both of them. Get ready for Megadrop BounceBit’s Mega entry on Binance on 13th May!
MEGADROP SNAPSHOT: 26th April - 12th May at 23:59 UTC
REWARD DISTRIBUTION: 13th May 2024
FOR MORE DETAILS ON MEGADROP:
What is Megadrop?
Binance Megadrop — BounceBit