Airdrop of 50 Million BWB: Official Launch of Bitget Wallet's Ecosystem Token!

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Bitget Blog2024/03/18 09:47

By:Bitget Blog

The moment we've all been eagerly anticipating has finally arrived: the official launch of Bitget Wallet's ecosystem token, BWB!

As the foundational asset of the decentralized Bitget Wallet ecosystem, BWB empowers holders with exclusive benefits, including governance rights within our communities and eligibility for future rewards.

With a legacy that spans over 5 years and a global user base of more than 19 million, the introduction of BWB marks a significant milestone in the history of Bitget Wallet. We invite you to join us in this celebration of innovation as we unveil our exciting plans for ecosystem development. Our aim is to bring the next 1 billion users into the Web3 world, opening doors to a wealth of new assets and earning opportunities for all.

From March 18th, 18:00 to April 28th, 2024, 18:00 (UTC+8), you're invited to participate in our campaign and earn BWB Points. Access this link to join in, celebrate the launch of BWB with us and discover more ecosystem opportunities!

Introducing BWB Airdrop

The total supply of BWB tokens is 1 billion, and 5% (50 million) of the total supply will be airdropped to all users.
BWB airdrops are distributed to users in the form of BWB Points, which can be converted for BWB when BWB is officially issued and listed in 2024 Q2.
The airdrop plan is divided into two parts: "Initial BWB Points Airdrops" and "Earn More BWB Points by Completing Tasks".

How to Earn BWB Points?

1. Initial BWB Points Airdrops

· Retroactive airdrop for Bitget Wallet existing users

BWB Points are awarded based on a comprehensive assessment of users' Swap transactions, holdings, and participation in platform activities. Connect your wallet to the Bitget Wallet App campaign page to receive these airdrop points.

· Airdrop rewards for active on-chain traders

Airdrop incentives are awarded to users who have completed Swaps on prominent Web3 wallets, such as MetaMask, Trust Wallet, Coinbase Wallet, OKX Web3, imToken, Phantom, Rainbow, and TokenPocket. Download the Bitget Wallet App and import your wallet addresses to claim these airdrop points.

· Fair airdrops for new users

New users who download the Bitget Wallet App and create their first wallet during the campaign period will receive 50 BWB Points. These points can be unlocked after users accumulate daily Swap transactions totaling ≥ $100 over any 3 days within the campaign period.

2. Earn More BWB Points by Completing Tasks

· Holdings

Your eligible holdings will be determined via a random daily snapshot. BWB Points will be airdropped the following day, based on your holdings at the time of the snapshot.

Earn 2 points for every 500 USDT equivalent in holdings, up to a daily cap of 20 points. The maximum holding amount entitled for points is 5,000 USDT. Any amount exceeding this will not be eligible for additional points.

Eligible assets for calculation include native tokens of mainnets supported by Bitget Wallet, along with USDT and USDC. View eligible mainnets here.

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· Swap Transactions

Every 100 USDT equivalent in Swap transaction volume earns 10 points, capped at 100 points daily. The maximum Swap volume entitled for points is 1,000 USDT. Any amount exceeding this will not be eligible for extra points.

Points are exclusively awarded for transactions completed through Bitget Swap, involving tokens listed on Bitget Wallet. Tokens flagged with the "Token not audited. Be aware of risks" warning are excluded from earning points.

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· Invitations

Invite friends to download the Bitget Wallet App. If an invited user accumulates ≥ 100 points from holding and Swap transaction tasks, the referrer will receive an additional 10% of the invited user's points as a reward (Note: The reward rate is 15% for selected Bitget Wallet partners.).

For example, if an invited user earns 120 points from holding and swapping, the referrer will receive 10%*120 = 12 points.

Invited users who accumulate their first 100 points from holdings and Swap transaction tasks will be rewarded with an extra 20 points.

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Tracking Your BWB Points

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Terms and Conditions

BWB Points calculation for the previous day will be performed every day by 22:00:00 (UTC+8) and will be distributed to the user's Rewards Account. For more information on managing this account, please refer to this detailed guide .
Points Cap: The maximum points any wallet address can earn through daily tasks is capped at 1000 points per day to ensure a fair campaign environment.
The schedule for converting BWB points into BWB token will be announced prior to the BWB TGE.
Bitget Wallet reserves the right to the final interpretation of this campaign. Any participant found using improper methods or cheating may have their campaign rewards and redemption qualifications revoked upon verification.

About Bitget Wallet

Bitget Wallet is Asia's largest and a leading global Web3 wallet with over 19 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on over 40 blockchains.

As the premier choice for Web3 users eager to discover new assets and opportunities, Bitget Wallet provides market-wide trend analysis, rankings, and smart money insights to assist with swap trading. Its launchpad, Fair LaunchPool, and inscribing features position it as the best platform for users to engage with new projects and acquire new assets early on. The incentivized task platform, Task2Get, rewards users for exploring and engaging with the multi-chain ecosystem.

For security, Bitget Wallet has a strong system in place. It employs multiple security checks to ensure the safety of every transaction or interaction. It supports MPC and AA wallets, offers hardware wallet compatibility, and has conducted audits on its core codes for swaps and NFT market protocols. Bitget Wallet users are also eligible to share in a $300 million user protection fund with Bitget, enjoying another layer of added security.

For more information, visit: Website | Twitter | Telegram | Discord

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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