Latest Activities

LFTlaunchpadlaunch_en.png

We're excited to announce that our latest 

1. Snapshot Period: May 10, 2024, 12AM (midnight) UTC – May 14, 2024, 11:59PM UTC

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 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 Derivatives Account, wallet balance will be counted. Please note that 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](https://www.bybit.com/en/help-center/topic-list/spot-x#launchpad).  

2. Subscription Period: May 15, 2024, 3:30AM UTC – May 15, 2024, 10:59AM UTC

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: May 15, 2024, 11AM UTC – May 15, 2024, 11:59AM UTC

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. The amount exceeding that limit will be allocated to participants who haven't reached this cap.

4. LFT/USDT Launch: May 15, 2024, 12PM (noon) UTC

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

🎉 Event 1: Token Splash/Deposit and Grab a Share of 600,000 LFT 

: May 14, 2024, 10PM UTC – May 28, 2024, 8:59AM UTC

Before you get started, click the Register Now button below to register for the event and be eligible for rewards.

[Register Now]<https://www.bybit.com/en/trade/spot/token-splash> 

Here's how it works: Complete two (2) simple steps during the event period to earn 200 LFT.

Step 1: Sign up for a Bybit account and complete Identity Verification Lv. 1.

Step 2: Accumulate a deposit volume of 700 LFT in your Bybit account during the event period, OR deposit 100 USDT and buy any amount of LFT via your first trade using your Bybit account.

Rewards are limited to 3,000 participants on a first-come, first-served basis.

[Deposit Now]<https://www.bybit.com/user/assets/deposit>

💰 Event 2: Trade to Earn From a 50,000 USDT Prize Pool

During this period, simply trade at least 500 USDT worth of LFT on Spot to earn a share from the 50,000 USDT prize pool.

The more you trade, the larger your share of the prize pool.

Rewards will be capped at 2,000 USDT per user.

[Trade Now]<https://www.bybit.com/en/trade/spot/LFT/USDT>

- Users must click the Register Now button on the event page to participate in the event and be eligible for rewards.

- Users must complete Identity Verification Lv. 1 before the event ends to participate.

- Institutional users and Market Makers are not eligible for this event.

- Only deposits and trades made within the event period will be considered in the reward calculation.

We're excited to announce that our latest Launchpad project, Lifeform Token (LFT). 

Lifeform Token (LFT) on Bybit Launchpad 3.0: Now Live

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