As you all know about the new creation Binance has introduced — MEGADROP
You guys can start participating in Megadrop now!
The trading pairs include
1. BB/BTC
2. BB/USDT
3. BB/BNB
4. BB/FDUSD
5. BB/TRY
WHAT MEGADROP IS?
A token launch platform that offers you the opportunity to participate in the launch of new tokens through thrilling airdrops and Web3 quests.
By subscribing BNB to Locked Products or completing tasks in your Web3 Wallet, you can gain early access to exciting rewards from a selection of Web3 projects before they're even listed on the Binance Exchange.
THE FIRST PROJECT ON BINANCE MEGADROP - BounceBit
BounceBit
BounceBit is a platform that offers BTC restaking services along with an innovative CeDefi framework. By combining the benefits of Centralised Finance and decentralized finance, BounceBit provides a unique opportunity for BTC holders to earn yield from multiple sources.
With BounceBit, you can maximize your returns while keeping your funds safe and secure.
THE USES OF BB TOKEN:
• BB serves multiple purposes on the platform. Firstly, it can be staked to actively participate in the Proof of Stake (PoS) dual-token staking mechanism. As validators secure the network, the token is paid out as a staking reward.
• Secondly, $BB is the only denomination of gas fees that can be used to conduct transactions and execute smart contracts.
• Thirdly, $BB can be used for on-chain governance, such as participating in voting on protocol upgrades.
• Additionally, $BB can be used as currency on the BounceBit platform, serving as a medium of exchange or store of value in various applications and infrastructure.
With a total maximum supply of 2,100,000,000 BB, 8% of the supply is reserved for Megadrop token rewards, which equals 168,000,000 BB.
GET READY FOR A MIND-BLOWING JOURNEY WITH BINANCE MEGADROP
BounceBit Megadrop Period:
26 April 00:00 UTC to 12th May 2024 at 23:59 UTC
Rewards Distribution: 13th May 2024
Trading: Trading will open on 13th May 2024 at 10:00 UTC
HOW TO GET ACCESS TO BINANCE MEGADROP?
1- Login to your Binance Account and head towards More > Megadrop
2- You’ll see the first Megadrop project BounceBit with all the details
3- Complete various quests under the Quest tab to earn points and rewards.
• To complete Web3 Quests, make sure you have an active Binance Web3 Wallet. Create one now if you haven't.
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• Transfer some BNB and 0.0001 BTC as fees and click on Earn Points
• You have to deposit a stake minimum of 0.000111 BTCB - Tap on Start Now to get started
• Complete the quest and tap Verify on the Quest Details page for verification.
CONGRATULATIONS ON COMPLETING YOUR QUEST!
WASN’T THAT EASY? 😉
4- Subscribe to BNB-locked products via Megadrop on Binance for 15, 30, 60, 90, or 120 days duration - It is better to opt for a 120-day duration as the longer the duration, the higher your Locked BNB Score.
This helps you participate in every Megadrop while avoiding risks when trading with BNB.
The Standard APR for each locked duration is as follows:
The 120-day duration is advised for higher scores and greater rewards
You’ll see Locked after subscribing BNB to locked products.
To calculate total points, multiply locked BNB points by the Web3 task multiplier and add the Web3 task bonus points. The mission coefficient is fixed at 1.5 and the mission bonus is 1000 points. HASSLE FREE CALCULATIONS ⚡️
YOU CAN SEE YOUR MEGADROP REWARDS IN THE BINANCE SPOT WALLET
AS SIMPLE AS FLIPPING THE SWITCH!! Go Subscribe to BNB-locked products and/or complete WEB3 quests!
SOME GOOD NEWS! 🔥
When both Launchpool and Megadrop are active, you guys are eligible to receive rewards from both programs. You can receive Launchpool rewards directly without having to redeem BNB Locked Products and staking BNB into Launchpool.
In the event of two simultaneous Launchpools, your BNB asset rewards will be halved between the two. However, your entire BNB Locked Earn deposits will still be eligible for full Megadrop rewards. Isn't that GREAT?
PROJECT LINKS:
Website:
https://bouncebit.io/
Whitepaper:
https://docs.bouncebit.io/
X:
https://x.com/bounce_bit
Medium:
https://medium.com/@bouncebit
CALL TO ACTION LINK :
Megadrop:
https://s.binance.com/WrahvjT4
Web3 Quest:
