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We're excited to announce that our latest Launchpad project, Medieval Empires (MEE), is now live!

• Price: 1 MEE Token = 0.01 USDT (Exchange rate between BIT and MEE will be confirmed when the subscription period starts)

• Total Allocated to Bybit Launchpad: 30,000,000 MEE (1% of the total supply)

MEE is the official utility token in Medieval Empires — a mid-core multiplayer online strategy game. The MEE token also grants its holders voting rights, VIP status, access to exclusive NFTs, and early use of game features. 

You can either commit BIT to subscribe to token allocation or commit USDT to win an allocation of the project token. Please note that you can't participate in both events at the same time.                            

• Committed Token: USDT only                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          • Allocation per Lottery Winner: 900 MEE

• Each lottery winner will receive an allocation of MEE. Non-winning participants will get their committed USDT back at the end of the event.                                                                                                           

1. Snapshot Period: Dec 14, 2022, 12AM (midnight) UTC – Dec 18, 2022, 11:59PM UTC

If you'd like to subscribe to token allocation: Your daily average balance of BIT must be equal to or greater than 50 BIT during this period, and it will determine the maximum allocation of MEE you can access.                                                                                                                                                                                                                                                                                                                                                                                                               

If you'd like to participate in the lottery: Your daily average wallet balance of USDT must be equal to or greater than 100 USDT during this period.                                                                                                                 

Over this period, the balance in your Spot Account, Earn Account and Derivatives Account will be recorded through hourly snapshots. For the Earn Account, your balance and USDT or BIT staked in the Launchpool and Bybit Savings will be counted in the snapshot. USDT or BIT staked in other products on Bybit Earn (e.g., Dual Asset) will not be included. Your daily average balance snapshot for the current day will be updated at 3:00AM UTC on the next day. For more about the daily average balance, please visit our 

2. Subscription Period: Dec 19, 2022, 3:30AM – 10:59AM UTC 

If you've chosen the subscription: You must click on the 

 button to commit a certain amount of BIT during this period. The minimum amount required is 50 BIT. You can subscribe multiple times.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 

If you've chosen the lottery: You must click on the 

 button to commit 100 USDT for a lottery ticket. Each participant can only subscribe for one ticket.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        

 A certain number of winning tickets will be issued for each lottery drawd. The probability of winning = Total number of winning tickets/Total number of lottery participants for this Launchpad project * 100%.   

The BIT 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 token.         

3. Distribution Period: Dec 19, 2022, 11AM – 11:59AM UTC

For token allocation subscribers: Your final MEE allocation = (Amount of BIT you've committed/Total amount of BIT committed by all participants) * Total amount of MEE allocated for the project. 

Based on your final MEE allocation result, the corresponding BIT equivalent will be deducted from your committed amount, while your MEE allocation and the remaining BIT will be credited to your Spot Account. 

Please note that the maximum amount of MEE you can receive is capped at 30,000 MEE. The amount exceeding that limit will be allocated to participants who haven't reached this cap.                                                                                                         

For lottery ticket holders: If you win, you'll receive 900 MEE and the remaining amount of USDT committed will be credited back to your Spot Account. If you don't win, the 100 USDT you've committed will be credited back to your Spot Account.                                                                                                                                                                                                                                                                      

The MEE/USDT Spot pair will be live for trades on Dec 19, 2022, 12PM (noon) UTC, if liquidity conditions are met.          

Deposits and withdrawals of MEE will be supported from Dec 19, 2022, 12:30PM UTC, and Dec 20, 2022, 10AM UTC, respectively.

Event period: Dec 5, 2022, 10AM UTC – Dec 18, 2022, 11:59PM UTC

New VIP Traders who have successfully participated in this Launchpad will receive an equal share of a 400,000 MEE prize pool. 

*To successfully participate in Launchpad, Traders should select "BIT Subscription" or "USDT Subscription" during the Subscription Period. 

**Only VIP Traders that have became VIP users between Dec 5, 2022, 10AM UTC – Dec 18, 2022, 11:59PM UTC are eligible. 

***Reward(s), if any, will be issued within seven (7) working days after the MEE/USDT Spot pair is listed.

Existing VIP Traders can also grab an equal share of a 300,000 MEE prize pool by leveling up a VIP tier. 

*Only existing VIP members are eligible. 

**VIP Traders must level up between Dec 5, 2022, 10AM UTC – Dec 18, 2022, 11:59PM UTC to be eligible. 

***Reward(s), if any, will be distributed within seven (7) working days after the MEE/USDT Spot pair is listed. 

Event period: Dec 19, 2022, 12PM (noon) UTC – Dec 24, 2022, 12PM (noon) UTC

Spot traders who accumulate a minimum net buy volume of 15,000 MEE will earn a cut from the 900,000 MEE prize pool.

*Net buy volume = Total MEE bought via Spot - Total MEE sold

**This prize pool is only available for the first 600 eligible participants. 

***Reward(s), if any, will be airdropped to participants' Spot accounts within 30 days after the event ends. 

MEE on Bybit Launchpad: Now Live

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