Xterio (XTER) on Bybit Launchpad 3.0: Now Live

We're excited to announce that our latest Launchpad project, Xterio (XTER), is now live!

About Xterio (XTER)

Xterio is a leading AI-powered gaming and blockchain platform, delivering cutting-edge gaming experiences on ETH and BNB. Built on a robust Layer 2 OP superchain ecosystem, Xterio hosts five games, partners with over 70 collaborators, and serves a growing community of 8 million users. Backed by over $80 million in funding from top-tier investors like Binance Labs, Makers Fund, and DST Global, Xterio is redefining the future of gaming.

• Asset Name: Xterio

• Ticker: XTER

• Price: 1 XTER Token = 0.04 USDT

• Total Allocated to Bybit Launchpad: 7,500,000 XTER

- MNT Pool: 3,750,000 XTER (Cap per subscriber: 7,500 XTER)

- USDT Lottery: 3,750,000 XTER (Allocation per user: 375 XTER; winning tickets: 10,000)

Website | Whitepaper| X

How to Join Launchpad 3.0

1. Snapshot Period: Jan 3, 2025, 12AM (midnight) UTC – Jan 7, 2025, 11:59PM UTC

If you'd like to subscribe to token allocation: Your daily average balance of MNT must be equal to or greater than 50 MNT during this period, and your maximum allocation of new tokens will be determined.

If you'd like to participate in the lottery: Your daily average wallet balance of USDT must be at least 100 USDT during this period. The more you trade, the more Lottery Tickets you can earn.

During this period, the daily average MNT and USDT balance in your Funding Account, Spot Account, and Derivatives Account (or Unified Trading Account and Inverse Derivatives Account) will be recorded through hourly snapshots.

In the Funding Account, USDT staked in both Launchpool and Bybit Savings will be automatically counted toward your wallet balance snapshots. USDT staked in other products on Bybit Earn (e.g., Dual Asset or Liquidity Mining) will not be included.

In the Derivatives Account, the wallet balance will be counted. The wallet balance may be affected by your realized PnL.

Your daily average balance snapshot and daily Spot trading volume for the current day will be updated at 3AM UTC on the next day. For more details about the daily average balance, please visit our Help Center here.

2. Subscription Period: Jan 8, 2025, 3:30AM UTC – Jan 8, 2025, 8:59AM UTC

If you've chosen the subscription: You must click on the Commit Now button to commit a certain amount of MNT during this period. The minimum amount required is 50 MNT. You can subscribe multiple times.

If you've chosen the lottery: You must click on the Commit Now button to commit 100 USDT for the lottery. Each participant can earn up to four (4) tickets based on their Spot trading volume during the Snapshot Period.

The winning probability of each Lottery Ticket = (Total number of winning tickets / Total number of Lottery Tickets for this Launchpad project) × 100%. If you hold the maximum number of four (4) tickets, you’ll have four (4) equal chances of drawing a winning number. For example, if you have four (4) tickets and two (2) of them were selected as winning tickets, you will receive allocations for two (2) tickets.

The MNT or USDT you've committed will be locked and cannot be accessed for transfers, withdrawals, or trading until after the final distribution of the project tokens.

3. Distribution Period: Jan 8, 2025, 9AM UTC – Jan 8, 2025, 9:59AM UTC

For token allocation subscribers: Your final token allocation = (Amount of MNT you've committed / Total amount of MNT committed by all participants) × Total amount of new tokens allocated for the project.

Based on your final token allocation result, the corresponding MNT equivalent will be deducted from your committed amount, while your new token allocation will go to your Spot Account (or Unified Trading Account), and the remaining MNT will be credited back to your Funding Account.

Please note that the maximum amount of new tokens you can receive has a hard cap. Any amount exceeding that limit will be allocated to participants who haven't reached this cap.

For Lottery Ticket holders: Each winning ticket will grant the holder an allocation of the project token. The new tokens that the winners receive will go to their Spot Account (or Unified Trading Account with UTA upgrades), while the remaining committed amount, if any, will be credited back to their Funding Account. If you don't win, the 100 USDT you've committed will be credited back to your Funding Account.

4. XTER Listing: Jan 8, 2025, 10AM UTC

The Spot pair of the new token will be live for trades at this time, if liquidity conditions are met.

Listing Timeline

XTER Deposits: Opens on Jan 7, 2025, 10AM UTC

XTER Listing: Jan 8, 2025, 10AM UTC

XTER Withdrawals: Opens on Jan 9, 2025, 10AM UTC

Deposits and withdrawals will be available via the Xterio & BSC network.

To celebrate, we've prepared two special events for you.

Event 1: XTER Token Splash — 300,000 XTER Prize Pool

Event Period: Jan 7, 2025, 10AM UTC – Jan 22, 2025, 9AM UTC

Complete deposit and trading tasks listed on the Token Splash page to earn big!

Register for the event to get started.

Event 2: XTER Puzzle Hunt — 300,000 XTER Prize Pool

Event Period: Jan 7, 2025, 10AM UTC – Jan 22, 2025, 9AM UTC

Solve the puzzle to unlock a world of enchanting rewards.

Register for the event to get started.

Risk warning: Cryptocurrency trading involves significant risk and may result in the loss of your invested capital. You should ensure that you fully understand the risks involved and take into consideration your level of experience, investment objectives, and seek independent financial advice if necessary. Bybit does not accept any liability or responsibility for any losses resulting from trading on our platform.

Terms & Conditions:

- All participating users must strictly abide by the Bybit Terms of Service.

- Users in the EEA are not eligible to register for events or receive rewards. The EEA includes the following countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, the Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, the Netherlands, Norway, Poland, Romania, Portugal, Slovakia, Slovenia, Spain, and Sweden.

- 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 of final interpretation of the Terms and Conditions. If you have any questions, please contact our Customer Support