Bybit Launchpool X Phavercoin

About Airdrop

Bybit is a cryptocurrency exchange and trading platform headquartered in the British Virgin Islands, specializing in derivatives products. LayerAI is an Ethereum ZK layer-2 blockchain dedicated to AI development. LayerAI combines the commercial applications of AI with a mass adoption-proof tokenization mechanism — via the network’s native token, LAI.

Phavercoin is a Web3 social app purpose-built for the permissionless and non-custodial ecosystem of the next-gen internet. Phaver app allows cross-posting and combining reach & reactions from Lens protocol and Farcaster. SOCIAL serves as its utility token.

Bybit Launchpool is excited to introduce SOCIAL, the utility token of Phavercoin. During this period, stake $SOCIAL, $USDT or $MNT to obtain a share of 90,000,000 $SOCIAL for free. Check our complete and simple step-by-step guide to participate.

Step-by-step guide

Register on Bybit Exchange and complete your KYC.

Visit the SOCIAL on Bybit Launchpool Event Page.

Stake to earn SOCIAL tokens:

SOCIAL Pool

Total Rewards: 27,000,000 $SOCIAL

Minimum Staking Amount: 5,000 $SOCIAL

Maximum Staking Amount: 300,000 $SOCIAL

MNT Pool

Total Rewards: 18,000,000 $SOCIAL

Minimum Staking Amount: 100 $MNT

Maximum Staking Amount: 5,000 $MNT

USDT Pool

Total Rewards: 45,000,000 $SOCIAL

Minimum Staking Amount: 100 $USDT

Maximum Staking Amount: 2,000 $USDT

Note:

Event Period: Sep 24, 2024, 10AM UTC – Oct 1, 2024, 10AM UTC.

Your Daily Yield = [(The Amount of SOCIAL, USDT or MNT) / (Total Number of SOCIAL, USDT or MNT Staked by All Participants)] × (Daily SOCIAL Prize Pool).

Your yield for the day will be calculated from the next day (T+1) after you’ve staked SOCIAL, USDT or MNT. The calculated yield will be automatically deposited to your Funding Account daily starting one (1) day after the calculation period (T+2). Your yield will be refreshed daily at 12AM (midnight) UTC.

Staked assets can be unstaked anytime. No yield will be generated on the day you withdraw your staked tokens.

Rewards will be distributed within 10 days after the event and are distributed on a first-come, first-served basis.

YOU CAN READ MORE ABOUT THIS EVENT HERE: https://freecoins24.io/airdrops/bybit-launchpool-x-phavercoin/