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Bybit Launchpool: Stake POL to Earn a Share of 200,000 POL

Oct 25, 2023LaunchpoolEarnSpot ListingsSpot
Disclaimer: This is a general announcement. Products and services referred to here may not be available in your region. Please refer to T&C for more details.

Bybit Launchpool is excited to introduce POL, the next-generation protocol token for Polygon 2.0.

From 10AM UTC on Oct 25, 2023, to 10AM UTC on Nov 8, 2023, you can stake POL to grab a share of 200,000 POL.

How It Works

On the Bybit Launchpool, you can stake POL to earn POL tokens.

POL Pool (Oct 25, 2023, 10AM UTC – Nov 8, 2023, 10AM UTC)

  • Committed Token: POL
  • POL Pool: 200,000 POL
  • Minimum Staking Amount: 200 POL
  • Maximum Staking Amount: 10,000 POL

Your daily yield = (the amount of POL/total number of POL staked by all the participants) × daily POL prize pool

Your yield for the day will begin to be calculated from the day (T+1) after you’ve staked POL, and will be auto-deposited to your Funding Account daily starting one 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.

That's not all. We've also prepared a POL Lucky Draw for you.

🗓 Event Period: Oct 25, 2023, 10AM UTC – Nov 1, 2023, 9:59AM UTC

Join the Lucky Draw to win POL. New users will stand to win from a 10,000 POL prize pool.

About Polygon 2.0 (POL)

Polygon 2.0 proposes a set of upgrades that radically reimagines almost every aspect of Polygon. Ultimately, it aims to build the Value Layer of the Internet that allows anyone to create, exchange, and program value. POL is the next-generation protocol token of Polygon 2.0, designed as the major tool for coordination and growth of the Polygon ecosystem, and the main driver behind the vision of creating the Value Layer of the Internet.

Website | Whitepaper | Twitter (X)

POL Listing

The POL/USDT Spot trading pair will be listed on Bybit.

POL deposits now opened

POL withdrawals will be supported from 10AM UTC on Oct 26, 2023.

Terms and Conditions:

  • Users are required to complete Identity Verification Lv. 1 to stake tokens on the Bybit Launchpool. Institutional users, Market Makers, and users from restricted countries are not allowed to participate.
  • Users' staked tokens can be unstaked anytime. No yield will be generated on the day users unstake their tokens. To unstake, please head to Launchpool in Earn Order under Orders.
  • The yield will be updated daily at 12AM (midnight) UTC. Calculations for the yield will start on the day (T+1) after users have staked POL, and will be auto-deposited daily to the Funding Account starting one 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 equivalent.
  • 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 to the final interpretation of this event. If you have any questions, please contact our Customer Support.

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