Time: 17:00 May 13, 2024 (Vietnam time)
BounceBit is the first project to launch Binance's Megadrop platform, the OTC $BB price is currently fluctuating around $1.5
Users can lock BNB and complete tasks in Web3 Wallet to receive rewards
So how to participate in Megadrop? Here is a detailed basic guide for you guys
1.BNB Lock:
- You can lock a certain amount of BNB at Simple Earn for a period of time to receive Megadrop reward points. The more BNB you lock up for longer, the higher the reward points.
- You can withdraw at any time, but you must accept the loss of rewards and wait 48 - 72 hours for BNB to return to Spot wallet
- Locked BNB still counts towards Launchpool
- If you have locked BNB before in Simple Earn, keep it intact, Binance will automatically take a snapshot
- AEs without BNB can still participate in the Megadrop but the score will be lower and fewer tokens will be divided
Instructions: Access Simple Earn https://www.binance.com/en/earn/simple-earn?asset=BNB → In Earn Section → Select Simple Earn → Select Amount of BNB to Earn → Subscribe
Snapshot time: 07:00 April 26, 2024 - 06:59 May 13, 2024
2.Complete Web3 tasks: Use Binance Web3 Wallet to complete tasks related to upcoming crypto projects on Binance. Each completed mission will help you earn bonus points.
This time the task is BounceBit bet: "Stake 0.0001 BTCB on BounceBit"
Instruct:
- Create Binance Web3 Wallet
- At your Binance Web3 Wallet -> "Transfer" -> "BNB" and "BTC" -> Select (BEP20)" as the network -> "Transfer" -> Enter the withdrawal amount (0.00011BTC and 0.005BNB)→ Confirm.
- At Binance App -> select More -> and find MEGADROP App -> Scroll to the bottom -> Go to "Complete Web3 tasks" -> Earn points -> Start now -> Connect Web3 wallet -> Deposit 0.00011 BTC -> Approve -> Confirm -> Enter 2FA code -> Complete
- Return to "Complete Web3 Task" section in MEGADROP -> Verify again -> DONE
How to calculate points:
Total Points = (Locked BNB Points * Web3 Quest Multiplier) + Web3 Quest Bonus
(Note: Web3 Quest Multiplier: 1.5 and Web3 Quest Reward: 1,000)
So that's it, 2 ways to participate in Megadrop to earn BB Tokens are completely easy -> Rewards from the Megadrop event will be distributed in Binance Spot Wallet at 13:00 May 13, 2024 (4 hours before listing)
Details about BounceBit Megadrop
Token name: BounceBit (BB)
Maximum Token Supply: 2,100,000,000 BB
Megadrop Token Reward: 168,000,000 BB (8% of maximum token supply)
Initial Circulating Supply: 409,500,000 BB (19.5% of maximum token supply)
Smart contract details: BounceBit
User eligibility: KYC required in eligible jurisdictions
Hard limit per user: 1,344,000 BB
Analysis of the BounceBit project on Binance Research https://www.binance.com/en/research/projects/bouncebit
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Through this article, we can see that Megadrop will be a fertile land for $BNB holders. I believe that BNB price will soar this year. How are you guys, do you agree with me?
Those of you who do not have a Binance account can register using this link to support me: https://accounts.binance.com/register?ref=738827697
