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Binance Launches New Platform “Megadrop”
First Project – BounceBit
According to an official announcement by Binance, the exchange has announced the launch of a new token issuance platform called Megadrop for both new and existing Web3 users. The platform will focus on token airdrops as rewards, and users can obtain airdrop rewards through the following ways:
How to participate in Binance Megadrop:
Log in to your Binance account and ensure that you have an active Binance Web3 wallet.
Purchase BNB fixed-term products and/or complete Web3 tasks to accumulate points:
By purchasing BNB fixed-term products on the Earn platform, you can accumulate points.
Complete all designated Web3 tasks on the Megadrop page in the Binance app to accumulate points and obtain a points multiplier.
Receive Megadrop rewards based on the final points accumulated.
The rewards from Megadrop will depend on the proportion of a user’s final points to the total final points of all eligible users.
According to the Binance announcement, the first project for Megadrop is BounceBit (BB), a Bitcoin repledge network in which Binance previously announced an investment. Binance will list BB after the completion of Megadrop, and the specific listing plan will be announced separately.
Token Name: BounceBit (BB)
Maximum Token Supply: 2,100,000,000 BB
Initial Circulating Supply: 409,500,000 BB (19.5% of the maximum token supply)
Megadrop Total Supply: 168,000,000 BB (8% of the maximum token supply)
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