PURPOSE OF USE OF TOKEN BB:
• BB serves multiple purposes on the platform. Firstly, it can be mounted to actively participate in a two-token Proof of Stake (PoS) staking mechanism. When test nodes secure the network, tokens are paid as staking rewards.
• Second, $BB is the only unit of gas fees that can be used to make transactions and execute smart contracts.
• Third, $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, equivalent to 168,000,000 BB.
GET READY FOR AN INCREDIBLE JOURNEY WITH BINANCE MEGADROP
BounceBit Megadrop Time:
From April 26, 00:00 UTC to May 12, 2024, 23:59 UTC
Reward distribution: May 13, 2024
Trading: Trading will open on May 13, 2024 at 10:00 UTC