Binance launches token issuance platform Megadrop! The first project BounceBit(BB)

According to the announcement, Binance has launched a new token issuance platform, Megadrop. Users can purchase BNB regular products through the Megadrop platform, complete project side tasks, and directly interact with selected projects to obtain airdrop rewards. .

How to participate in Binance Megadrop

Users need to have a Binance account and Binance Web3 wallet, subscribe for BNB regular products, and complete Web3 tasks to accumulate points: subscribe for BNB regular products on the coin earning platform , you can accumulate points.

Complete all designated Web3 tasks on the Megadrop page of Binance APP to accumulate points and obtain point multipliers.

Megadrop Points Mechanism

• Lock BNB points: Accumulate points based on the "BNB subscription quantity" and "subscription period length" of any BNB fixed-term product purchased on the coin-earning platform.

• Web3 task points and Web3 task multipliers: Users who complete all Web3 tasks and "meet the minimum task requirements" will accumulate Web3 task points and obtain Web3 task multipliers.

Megadrop rewards depend on the ratio of the user’s final points to the “total final points of all qualified users”: User’s final points = (Locked BNB points * Web3 task multiplier) Web3 task integral.

Note:

• Wallet addresses imported into Binance Web3 wallet cannot participate.

• Only backed-up wallets created in Binance Web3 Wallet can participate.

• Users can go to the Megadrop project page to check the completion status of the Web3 task.

• Megadrop rewards will be airdropped to users’ Binance spot wallets.

• If the user does not complete all specified Web3 tasks, the Web3 task multiplier is 1.

Starting Project BounceBit

The first project to be listed on Binance Megadrop is the Bitcoin re-pledge public chain BounceBit (BB).

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