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Cryptocurrency News Articles

BounceBit Unveils Early Access Program, Empowering Users to Earn Points and Unlock Potential Rewards

Mar 27, 2024 at 03:06 pm

BounceBit, a BTC restaking blockchain, offers users the opportunity to earn yield on idle BTC through a dual-token staking system. The Water Margin Event grants early access to the platform, enabling users to accumulate points by depositing tokens. Points can be claimed every 24 hours, and users can earn Boost and Swift cards to enhance their rewards. By participating in the event, users can interact with yield strategies and leverage the platform's unique blend of DeFi and CeFi mechanisms to maximize their earnings.

BounceBit Unveils Early Access Program, Empowering Users to Earn Points and Unlock Potential Rewards

BounceBit Unveils Early Access Program, Empowering Users to Earn Points and Secure Potential Rewards

Introduction

BounceBit, a revolutionary BTC restaking blockchain protocol, has launched the Water Margin Event, offering an exclusive opportunity for users to access the platform early and accumulate points for potential rewards. Through this program, participants can engage with delta-neutral investment options, stake their assets, and unlock exclusive benefits, including Boost and Swift cards.

BounceBit: Empowering Bitcoin Holders

BounceBit is a Layer 1 Proof-of-Stake blockchain that enhances the utility of Bitcoin (BTC) by enabling holders to earn yield through funding rate arbitrage. The protocol's dual-token staking system, utilizing both BTC and BounceBit's native token BB, strengthens the BTC ecosystem while maintaining its security, liquidity, and stability.

Water Margin Event: Gaining Early Access and Earning Points

To participate in the Water Margin Event, users require an early access code, which can be obtained through the BounceBit Discord channel or under #BounceBit on Twitter. Once an invite code is acquired, users can follow these steps to gain access and start earning points:

Step 1: Early Access Registration

Visit the BounceBit website (https://bouncebit.io/), select "Early Access," and enter an invite code. Connect your wallet, follow BounceBit on Twitter, and join the Discord channel to complete the registration process.

Step 2: Token Deposit

Deposit a minimum of $10 in supported tokens, including BTCB, WBTC, USDT, and others. The amount deposited directly influences the number of points earned, so users should strategize their deposits accordingly.

Step 3: Claiming Points

Access the "Points Paradise" section every 24 hours to claim accumulated points. The points determine users' ranking on the leaderboard, increasing their eligibility for exclusive rewards.

Step 4: Inviting Others

Invite new users using the unique invite codes provided by BounceBit. Points earned by invitees contribute an additional 10% to the inviter's total points. By building a team with a cumulative deposit of 0.1 BTC, users can obtain Boost draws, granting Swift cards or extra bonuses for point claims.

Step 5: Drawing Rewards

As users continue to claim points, they can draw different tiers of Boost and Swift cards, offering bonus points and other rewards.

BounceBit Premium: Advanced Delta-Neutral Options

BounceBit Premium provides users with delta-neutral investment options with a minimum deposit of 0.1 BTCB or 1,000 USDT. However, participation in this feature does not directly contribute to points accumulation. It is advisable to proceed cautiously, considering the potential market volatility associated with larger asset investments.

Additional Information

To further engage with the BounceBit community, users can join the official Discord server (https://discord.gg/bouncebit). By completing the verification process in the #verify-here channel, users can access the #invite-code-share channel for early access codes.

Conclusion

BounceBit's Water Margin Event presents an exciting opportunity for users to interact with the platform, explore investment strategies, and accumulate points for potential rewards. By leveraging the unique features and benefits of the BounceBit protocol, holders can unlock the value of their idle BTC and participate in the growing ecosystem.

Disclaimer

It is important to note that participating in the Water Margin Event does not guarantee a token airdrop. BounceBit has not made any official announcements regarding such a reward. Users are advised to thoroughly research and evaluate all investment opportunities before making any commitments.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Jan 10, 2025