Bybit Launchpool: Stake PARAM, USDT or MNT to Earn a Share of 20,000,000 PARAM!

Bybit Launchpool is excited to introduce PARAM, the utility token of Param.

Event Period: May 29, 2024, 8AM UTC – Jun 5, 2024, 8AM UTC

During this period, stake PARAM, USDT or MNT to obtain a share of 20,000,000 PARAM for free!

[Stake to Earn!]

How It Works

On Bybit Launchpool, you can stake PARAM, USDT or MNT to earn PARAM tokens.

1. PARAM Pool

• Total Rewards: 6,000,000 PARAM
• Minimum Staking Amount: 200 PARAM
• Maximum Staking Amount: 30,000 PARAM

2. MNT Pool

• Total Rewards: 4,000,000 PARAM
• Minimum Staking Amount: 100 MNT
• Maximum Staking Amount: 5,000 MNT

3. USDT Pool

• Total Rewards: 10,000,000 PARAM
• Minimum Staking Amount: 100 USDT
• Maximum Staking Amount: 2,000 USDT

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

Your yield for the day will be calculated from the next day (T+1) after you’ve staked PARAM, 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.

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.

[Stake Now]

About Param (PARAM)

Param Labs is an independent game and technology development studio, specializing in multiplayer blockchain games, AAA design, and innovative technology development. PARAM serves as its utility token.

[Website](http://paramgaming.com/) | [Whitepaper](https://docs.paramlabs.io/param-litepaper) | [X](https://twitter.com/paramlaboratory) | [Telegram](https://discord.gg/paramlabs)

PARAM Listing Timeline

• PARAM Deposits: Opens on May 28, 2024, 10AM UTC
• PARAM Listing: May 29, 2024, 8AM UTC
• PARAM Withdrawals: Opens on May 30, 2024, 10AM UTC

Deposits and withdrawals will be available via the Ethereum and Arbitrum networks.

PARAM will be available for trading via [Spot Grid Bots](https://www.bybit.com/en-US/tradingbot/) when listed.

[New Users Exclusive] PARAM Token Splash: 25,000 USDT Prize Pool

Event Period: May 28, 2024, 10AM UTC – Jun 11, 2024, 8:59AM UTC

Register for the event to get started.

[Register Now]

Complete deposit or trading tasks listed on the Token Splash page to earn 25 USDT.

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

PARAM x Referral Boost

Invite your friends to sign up for Bybit with your referral code and join the PARAM Launchpool. You'll receive 5 USDT for every successful referee, and you can receive rewards for up to 10 successful referees.

[Invite Now]

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 10 referees.

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 PARAM, USDT or MNT, and will be automatically deposited daily to their Funding Account starting one (1) 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.