Bybit Launchpool: Stake NIBI or USDT to Earn a Share of 3,750,000 NIBI!

Bybit Launchpool is excited to introduce NIBI, the utility token of Nibiru Chain.

Event Period: Mar 12, 2024, 8AM UTC – Mar 26, 2024, 8AM UTC

During this period, stake NIBI or USDT to obtain a share of 3,750,000 NIBI for free!

How It Works

On the Bybit Launchpool, you can stake NIBI or USDT to earn NIBI tokens.

1. NIBI Pool

• Total Rewards: 1,875,000 NIBI
• Minimum Staking Amount: 500 NIBI
• Maximum Staking Amount: 50,000 NIBI

2. USDT Pool

• Total Rewards: 1,875,000 NIBI
• Minimum Staking Amount: 100 USDT
• Maximum Staking Amount: 2,000 USDT

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

Your yield for the day will be calculated from the next day (T+1) after you’ve staked NIBI or USDT. The calculated yield will be automatically deposited to your Funding Account daily starting one 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.

About Nibiru Chain (NIBI)

Nibiru Chain is a Layer-1 blockchain and smart contract ecosystem providing superior throughput and unparalleled security. Nibiru aims to be a developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infrastructure, consensus, a comprehensive developer toolkit, and value accrual.

Website | Whitepaper

NIBI Token Splash

Event Period: Mar 11, 2024, 8AM UTC – Mar 26, 2024, 8:59AM UTC

• 1.1 New Users Exclusive: 20,000 USDT Up for Grabs

Here's how it works: Complete two (2) simple steps during the event period to earn 20 USDT.

Step 1: Sign up for a Bybit account and complete Identity Verification Lv. 1.

Step 2: Accumulate a deposit volume of 1,000 NIBI in your Bybit account during the event period, OR deposit 100 USDT and buy any amount of NIBI via your first trade using your Bybit account.

Rewards are limited to 1,000 participants on a first-come, first-served basis.

• 1.2 Existing User Rewards: 20,000 USDT Up for Grabs

Already a Bybit user before Mar 11, 2024, 8AM UTC? Don't worry, we still have rewards for you!

To earn 10 USDT, all you have to do is: Accumulate a deposit volume of at least 2,000 NIBI in your Bybit account during the event period; OR Deposit 200 USDT and purchase at least 200 USDT worth of NIBI using your Bybit account.

Rewards are limited to 2,000 participants on a first-come, first-served basis.

• 2. VIP Rewards: Additional APR

VIP users participating in the Launchpool can enjoy additional APR rewards! For specific details regarding these rewards, please refer to the event page.

NIBI x Referral Boost

Invite your friends to sign up for Bybit with your referral code and join the NIBI Launchpool. You'll receive 5 USDT for every successful referral, up to 5 referrals.

Note:

• New users must sign up with their referrer's referral code or link to be considered for this event.
• Rewards from this referral event can be stacked with the existing Referral Program. Both referrers and their referred friends can enjoy all associated perks.
• Rewards will be distributed within 10 days after the event and are distributed on a first-come, first-served basis.
• Referrers can receive rewards for up to five (5) referrals.

Terms and Conditions:

• Users must complete Identity Verification Lv. 1 to stake tokens on Bybit Launchpool. Institutions and users from restricted countries/regions are not allowed to participate.
• Staked tokens can be unstaked anytime. No yield will be generated on the day users unstake their tokens.
• Yield will be updated daily at 12AM (midnight) UTC. Calculations for yield will start on the next day (T+1) after users stake their NIBI or USDT, and will be automatically deposited daily to their Funding Account starting one day after the calculation period (T+2).
• There may be delays in the depositing of yields earned. Users will only receive a yield if it’s greater than or equal to 0.01 USDT.
• Cash rewards, if any, will be automatically credited to eligible reward recipients' Spot Account one (1) month after the end of the Launchpool event.
• All participating users must strictly abide by the Bybit Terms of Service.
• Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.
• Bybit reserves the right to modify the terms of this event without notifying users in advance.
• Bybit reserves the right of final interpretation of this event. If you have any questions, please contact our Customer Support.