Binance Unleashes BounceBit (BB) Megadrop, Offering Massive Rewards and Token Listing

Crypto enthusiasts are invited to participate in the highly anticipated BounceBit (BB) Megadrop on Binance from April 26th to May 12th. By subscribing to BNB Locked Products or completing Web3 Quests, users can earn a share of the 168,000,000 BB token reward pool. The initial circulating supply will be 409,500,000 BB, representing 19.5% of the maximum supply. Binance will list the BB token on May 13th with trading pairs BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, and BB/TRY. Participants can maximize their rewards by combining Locked BNB Scores and Web3 Quest participation.

Binance Launches BounceBit (BB) Megadrop, Offering Exciting Rewards and Token Listing

Binance Announcement: April 25, 2024

Binance, the renowned cryptocurrency exchange, has introduced the much-anticipated BounceBit (BB) Megadrop, an exclusive event that invites cryptocurrency enthusiasts to participate and earn substantial rewards. The Megadrop provides users with two primary avenues for engagement: subscription to BNB Locked Products or completion of captivating Web3 Quests.

Megdrop Event Duration and Participation Details

The BounceBit Megadrop commences on April 26, 2024, at 00:00:00 UTC, and concludes on May 12, 2024, at 23:59:59 UTC. Participation entails locking BNB in BNB Locked Products or undertaking designated Web3 Quests, each offering unique rewards and opportunities.

BNB Locked Products Subscription

By depositing BNB into BNB Locked Products, users enhance their chances of acquiring attractive rewards. Binance will capture regular snapshots of subscription amounts, and these snapshots will serve as the basis for calculating the Locked BNB Scores, which directly influence reward allocation.

Engaging Web3 Quests

To further augment the excitement, participants can engage in interactive Web3 Quests, designed to earn additional rewards. The inaugural Web3 Quest, entitled "Stake 0.0001 BTCB to BounceBit" (Tutorial), launches on May 13, 2024, at 06:00:00 UTC.

BounceBit (BB) Token Listing

Binance is poised to list the BounceBit (BB) token on May 13, 2024, at 10:00:00 UTC. Traders will have access to diverse trading pairs, including BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, and BB/TRY. It bears noting that the token will initially carry a Seed Tag, indicating its early-stage status.

Tokenomics and Reward Allocation

The BounceBit Megadrop boasts a generous total token reward of 168,000,000 BB, representing 8% of the maximum supply of 2,100,000,000 BB. The initial circulating supply upon listing will be 409,500,000 BB, constituting 19.5% of the maximum supply.

Rewards are calculated based on a user's Total Score, which is determined by multiplying the Locked BNB Score by the Web3 Quest Multiplier (set at 1.5) and adding the Web3 Quest Bonus (1,000). The Locked BNB Score is influenced by average locked BNB amounts held over durations ranging from 30 to 120 days.

How to Participate

To participate in the BounceBit Megadrop, individuals must log into their Binance accounts and subscribe to BNB Locked Products or complete the designated Web3 Quest(s) via the Megadrop feature accessible through the Binance App. An active Binance Web3 Wallet is essential for successful quest completion.

Reward Distribution and Important Notes

Upon the conclusion of the Quest Period, participants can anticipate receiving their Megadrop rewards in their Binance Spot Wallets. It is crucial to note that external wallets imported into the Binance Web3 Wallet will not be recognized for the Megadrop. Only wallets created within the Binance Web3 Wallet qualify for participation.

Interested individuals are advised to consult the Binance website for comprehensive details on BNB Locked Products, including APRs and subscription limits. Additionally, the BounceBit (BB) Project Links, encompassing the website and whitepaper, provide valuable insights into the project's objectives and technical design.

Participants should be aware that participation in the BounceBit Megadrop may necessitate identity verification in eligible jurisdictions. Certain features of the Megadrop may be subject to regional restrictions.

Embrace the Opportunity with Binance

Don't let this thrilling opportunity pass you by. Join the BounceBit (BB) Megadrop on Binance to earn notable rewards through subscription to BNB Locked Products or completion of engaging Web3 Quests. Be a part of this groundbreaking crypto event and seize the opportunity to delve into the world of decentralized finance.

For further inquiries or clarifications, please do not hesitate to contact Binance customer support for assistance.