BounceBit (BB) Megadrop Is Now Open: Subscribe to BNB Locked Products or Complete Web3 Quests to Participate! 2024-04-25 08:30 IMPORTANT: Binance will be the first platform to list the token mentioned herein. Any claims to offer this token for sale before the stated timeline are false advertising. Please do your own research to ensure safety of your funds.
Fellow Binancians,
Binance is excited to announce the first project on Binance Megadrop - BounceBit (BB), a BTC restaking chain. Users can start participating in the BounceBit Megadrop from 2024-04-26 00:00:00 (UTC). The BounceBit Megadrop page is estimated to be available on the Binance App in five hours.
Binance will then list BounceBit (BB) at 2024-05-13 10:00 (UTC) and open trading with BB/BTC, BB/USDT, BB/BNB, BB/FDUSD and BB/TRY trading pairs. The Seed Tag will be applied to BB. Read about BounceBit (BB) in our research report.
BounceBit Megadrop Period:
2024-04-26 00:00:00 (UTC) to 2024-05-12 23:59:59 (UTC)
BNB Locked Products Snapshot Period:
To maximize Locked BNB Scores, users may start locking their BNB in BNB Locked Products before 2024-04-26 00:00:00 (UTC), as hourly snapshots of users’ subscription amounts will be taken during this period. For more information on BNB Locked Products, refer to the FAQ.
Web3 Quest Period:
Users may complete Web3 Quest(s) during the Quest Period.
Web3 Quest 1: “Stake 0.0001 BTCB to BounceBit” (Tutorial)
2024-05-13 06:00:00 (UTC)
Rewards Distribution: Users may view their Megadrop rewards in Binance Spot Wallet.
BounceBit Megadrop Details
Token Name: BounceBit (BB)
Max Token Supply: 2,100,000,000 BB
Megadrop Token Rewards: 168,000,000 BB (8% of max token supply)
Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply)
Smart Contract Details: BounceBit
User Eligibility: KYC required in eligible jurisdictions
DON'T PANIC, WHAT'S HAPPENING RIGHT NOW IS VERY NORMAL ☞Hello folks, ☞As you can see, the entire market is experiencing a downturn, especially BTC, and almost all markets are following suit. There are only two reasons for this concerning today. ☞Firstly, the tension between Iran and Israel has prompted many people to sell their assets, especially in the Middle East region. Additionally, the Bitcoin halving event is contributing to the market volatility. Historically, Bitcoin has experienced a drop of 25-40% before the halving, followed by a surge and reaching an all-time high price after the halving. Therefore, if you are already holding any coins, DO NOT SELL. Instead, wait for the surge. After the halving, everything should return to normal, and we can expect to see all coins pumping (with exceptions, of course). So, DON'T PANIC AND WAIT. ☞In case you are considering investing, NOW IS THE RIGHT TIME to do it. However, remember that in spot trading, PATIENCE is key, and NEVER sell at a loss. HOLD and WAIT, BUY in the DIPS, and SELL with profits. That's how everything works in spot trading. ☞STAY STRONG AND SAFE