Swell (SWELL) to be listed on Bitget Launchpool — lock BGB and USDT to share 19,500,000 SWELL!

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Bitget Announcement2024/11/05 10:00

By:Bitget Announcement

Bitget Launchpool will be listing Swell (SWELL). Eligible users can lock BGB and USDT to share 19,500,000 SWELL. Locking period: November 7 2024, 10:00 – November 14 2024, 10:00 (UTC) Lock Now Project details • Token name: Swell (SWELL) • Total supply: 10,000,000,000 SWELL • Launchpool allocation:

Bitget Launchpool will be listing Swell (SWELL). Eligible users can lock BGB and USDT to share 19,500,000 SWELL.

Locking period: November 7 2024, 10:00 – November 14 2024, 10:00 (UTC)

Lock Now

Project details

• Token name: Swell (SWELL)

• Total supply: 10,000,000,000 SWELL

• Launchpool allocation: 19,500,000 SWELL

• About the project:

Swell is the restaking yield layer for Ethereum. The protocol provides liquid staking and restaking primitives for DeFi and is delivering the first vertically integrated Layer 2 restaked rollup.

Locking pool 1:

Total SWELL Campaign Pool	16,000,000 SWELL
Maximum BGB locking limit for VIP1-VIP7	50,000 BGB
Maximum BGB locking limit for VIP0	20,000 BGB
Minimum BGB locking limit	5 BGB

BGB pool airdrop per user = user's locked BGB ÷ total locked BGB of all eligible participants × corresponding pool.

Locking pool 2:

Total SWELL Campaign Pool	3,500,000 SWELL
*Eligibility for new user	Only new users who sign up after November 5, 2024, 10:00 (UTC) are eligible.
Maximum USDT locking limit	2,000 USDT
Minimum USDT locking limit	5 USDT

USDT pool airdrop per user = user's locked USDT ÷ total locked USDT of all eligible participants × corresponding pool.

Notes:

1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume.

2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly.

3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM.

4. The APR of each locking pool is calculated separately.

5. Users can unlock their locked tokens from the locking pool at any time.

6. Locked assets will be automatically returned to the user's spot account after the locking period ends.

Terms and conditions

1. Users must complete identity verification to participate in the promotion.

2. All participants must strictly comply with Bitget's terms and conditions.

3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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