Competitions and promotions

Layer3 (L3) to be listed on Bitget — Grab a share of 6,163,000 L3 on Launchpool and CandyBomb!

2024-07-27 03:0001543

Layer3 (L3) will be listed on Bitget!

Layer3 is a platform that enables anyone to discover crypto. We curate unique, interactive onchain experiences (Quests) that enable anyone—regardless of skill—to explore the magic of crypto-tech.

Activity 1: Launchpool -- Stake BGB, USDT and L3 to mine 5,350,000 L3

Stake Now

Staking period: July 30, 10:00 – August 9, 10:00 (UTC)

Staking pool 1:

BGB pool

2,675,000 L3 (50%)

Maximum BGB staking limit

20,000 BGB

Minimum BGB staking limit

50 BGB

Staking pool 2:

USDT pool (*new users only)

2,140,000 L3 (40%)

Maximum USDT staking limit

2,000 USDT

Minimum USDT staking limit

50 USDT

*Staking pool 2 eligibility: New users who sign up after July 27, 03:00 (UTC).

Staking pool 3:

L3 pool

535,000 L3 (10%)

Maximum L3 staking limit

5,720,000 L3

Minimum L3 staking limit

350 L3

BGB pool: Rewards per user = user's staked BGB ÷ total staked BGB of all eligible participants × corresponding prize pool.

USDT pool: Rewards per user = user's staked USDT ÷ total staked USDT of all eligible participants × corresponding prize pool.

L3 pool: Rewards per user = user's staked L3÷ total staked L3 of all eligible participants × corresponding prize pool.

Launchpool Rules:

1. Token rewards from Launchpool staking pools will be distributed hourly to participants based on their staking volume.

2. Bitget will take a snapshot of each participant's staking volume every hour to determine their share and distribute rewards accordingly.

3. Rewards are distributed hourly. When a user stakes at hour H, the staked volume is calculated at hour H+1, and the rewards are distributed at hour H+2. (For example, if a user stakes at 10:46 AM, the staked volume is confirmed at 11:00 AM, and the rewards are distributed to the user at 12:00 PM).

4. The APR of each staking pool is calculated separately.

5. Users can redeem their staked token from the staking pool at any time.

6. Staked assets will be automatically returned to the user's spot account after the staking period ends.

Activity2: CandyBomb –Trade to mine Layer3 (L3)

CandyBomb

Promotion period: July 30, 10:00 – August 6, 10:00 (UTC)

L3 amount

L3 spot trading pool*new spot user only

400,000 L3

Futures trading pool*new futures user only

325,000 L3

Total

725,000 L3

How to participate: Complete L3 spot trading and futures trading tasks to get reward tickets

Activity 3: Social Giveaway – 88,000 L3 Up for Grabs!

Promotion period: July 30, 10:00 – August 9, 10:00 (UTC)

How to participate:

  1. Follow Bitget on X.
  2. Follow Layer3 on X.
  3. Repost/quote the giveaway post with the hashtag #L3listBitget and tag your friends.
  4. Deposit/trade any amount of L3 on Bitget.
  5. Fill out the form in the giveaway post. https://x.com/bitgetglobal/status/1818225420585836607

Prize: 1,000 qualified users will be randomly selected to equally share the prize pool!

Terms and conditions

1. Participants must complete identity verification to be eligible for the promotion.

2. All participants must strictly comply with Bitget's terms and conditions.

3. Sub-accounts, KYB institutional users, and market maker accounts are not eligible to participate.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!

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