Binance has introduced the BounceBit (BB) Megadrop, an exciting and innovative token launch event that combines BNB Locked Products with Web3 Quests. This unique distribution model offers participants multiple avenues to earn BB tokens, set to be listed on Binance on May 13, 2024. The event runs until May 12, 2024, providing ample opportunities for users to maximize their rewards.
What is the BounceBit (BB) Megadrop?
The BounceBit Megadrop is a distinctive token distribution event hosted by Binance, allowing users to earn BB tokens by engaging in various activities. The BB tokens will be officially listed on Binance on May 13, 2024. Participants can join the event and earn rewards until May 12, 2024.
Key Features of the BB Megadrop
1. BNB Locked Products: Participants can lock their BNB and earn rewards based on their Locked BNB Scores, which are determined by snapshots of locked BNB amounts over a period of 30 to 120 days.
2. Web3 Quests: Engage in tasks such as staking BTCB on the BounceBit platform. Completing these quests will unlock multipliers and bonuses, which enhance your overall reward potential.
3. Token Distribution: A total of 168,000,000 BB tokens (8% of the total supply) will be distributed during this event. The initial circulating supply will be 409,500,000 BB, making up 19.5% of the total token supply.
How to Participate
1. BNB Locked Products:
Subscribe to the Binance Simple Earn platform.
Lock your BNB for fixed durations to accumulate Locked BNB Scores.
2. Web3 Quests:
Access the Web3 Quests section in the Binance app.
Complete tasks such as transferring BTCB and interacting with the BounceBit ecosystem via the Binance Web3 Wallet.
3. Eligibility:
Participants must have an active Binance account and Binance Web3 Wallet.
External wallets are not eligible to participate in this event.
Rewards Calculation
Your rewards will be determined by your Total Score, which is calculated based on:
Your Locked BNB Scores.
A Web3 Quest Multiplier (1.5x).
Additional bonuses earned through Web3 Quests.
Benefits of Participating
Early Access to BB Tokens: Be one of the first to earn BB tokens before their official listing.
Maximized Rewards: Boost your rewards through multipliers and bonuses by completing Web3 Quests.
Explore Web3: Experience decentralized finance through the Binance Web3 Wallet integration.
Binance's BB Megadrop offers an innovative token launch, blending staking, gamification, and decentralized finance to create an engaging experience for users. Don’t miss out on this unique opportunity to explore Web3 and earn val
uable BB tokens.
To learn more, visit Binance’s official website.
