You can earn BIT over a fixed period of 3 months, or unstake them anytime you’d like.
Bybit Launchpool 1,500,000 BIT bonus pool
Bybit Launchpool upgrade: pledge BIT to earn 1,500,000 BIT for free
Dear traders, thank you very much for your enthusiastic support of the first Bybit Launchpool project-BIT Pool! In order to live up to everyone’s love and expectations, Bybit will return to the game again to upgrade and help you earn more BIT.
BIT Pool Phase 2: Now you can pledge BIT to get up to 1,500,000 BIT, and Bybit’s prize pool has increased by 300% compared to the first phase!
The event time is from 00:00 am on October 13, 2021 to 11:59 pm on January 12, 2022 (UTC time).
How to qualify for participation?
First, you must complete KYC L1 identity verification (only for personal KYC verification). Users in countries/regions with limited services (hyperlinks to the Bybit Terms of Service) are prohibited from participating in the Bybit Launchpool.
How to calculate daily income?
Your earnings will be calculated on the second day (UTC) after you pledge your BIT, and will be deposited into your ByFi account every day after the start of the calculation period.
Your daily income = the number of tokens you pledge in the BIT pool / the total number of tokens pledged by all participants in the pool * daily BIT prize pool
You can earn BIT within a fixed period of 3 months, or you can cancel the pledge at any time.
The pledged assets can be canceled at any time. Once the pledge is canceled, it will be automatically transferred to your ByFi account immediately. If you need to cancel the pledge, please go to “Launchpool” in “ByFi Account” under “Orders and Transactions”.
Your earnings will be calculated on the second day (T+1) after your pledge and will be deposited into your ByFi account every day from the second day (T+2) after the calculation period begins. No income will be generated on the day you cancel the pledge of assets. Your income will be refreshed at 00:00 AM UTC every day, and you will only receive income ≥ 0.01 BIT.