About Airdrop
Bybit is a cryptocurrency exchange and trading platform headquartered in the British Virgin Islands, specializing in derivatives products. LayerAI is an Ethereum ZK layer-2 blockchain dedicated to AI development. LayerAI combines the commercial applications of AI with a mass adoption-proof tokenization mechanism — via the network’s native token, LAI.
Phavercoin is a Web3 social app purpose-built for the permissionless and non-custodial ecosystem of the next-gen internet. Phaver app allows cross-posting and combining reach & reactions from Lens protocol and Farcaster. SOCIAL serves as its utility token.
Bybit Launchpool is excited to introduce SOCIAL, the utility token of Phavercoin. During this period, stake $SOCIAL, $USDT or $MNT to obtain a share of 90,000,000 $SOCIAL for free. Check our complete and simple step-by-step guide to participate.
Step-by-step guide
- Register on Bybit Exchange and complete your KYC.
- Visit the SOCIAL on Bybit Launchpool Event Page.
- Stake to earn SOCIAL tokens:
- SOCIAL Pool
- Total Rewards: 27,000,000 $SOCIAL
- Minimum Staking Amount: 5,000 $SOCIAL
- Maximum Staking Amount: 300,000 $SOCIAL
- MNT Pool
- Total Rewards: 18,000,000 $SOCIAL
- Minimum Staking Amount: 100 $MNT
- Maximum Staking Amount: 5,000 $MNT
- USDT Pool
- Total Rewards: 45,000,000 $SOCIAL
- Minimum Staking Amount: 100 $USDT
- Maximum Staking Amount: 2,000 $USDT
- SOCIAL Pool
Note:
- Event Period: Sep 24, 2024, 10AM UTC – Oct 1, 2024, 10AM UTC.
- Your Daily Yield = [(The Amount of SOCIAL, USDT or MNT) / (Total Number of SOCIAL, USDT or MNT Staked by All Participants)] × (Daily SOCIAL Prize Pool).
- Your yield for the day will be calculated from the next day (T+1) after you’ve staked SOCIAL, USDT or MNT. The calculated yield will be automatically deposited to your Funding Account daily starting one (1) 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.
- Rewards will be distributed within 10 days after the event and are distributed on a first-come, first-served basis.
