BounceBit Mainnet Launch Set for Could 13
BounceBit, a notable participant within the cryptocurrency sector, has formally introduced the launch schedule for its extremely anticipated Mainnet. This transfer is ready to revolutionize the way in which customers work together with their platform by enhancing safety, asset security, and person profitability. The Mainnet is scheduled to go public on Could 13, 2024, following a fastidiously deliberate phased rollout.
Premium Yield Technology Paused
Beginning Could 6, the Premium Yield Technology characteristic might be paused till the Mainnet launch. Throughout this era, customers won’t be able to stake new belongings; nonetheless, current staked belongings will proceed to generate yields below the beforehand chosen technique. It is a strategic pause, designed to make sure a easy transition and integration into the brand new Mainnet surroundings.
Node Operators and LCT Distribution
From Could 6 to Could 12, BounceBit will onboard an preliminary set {of professional} node operators to the BounceBit Chain. Put up-launch, customers may have the chance to delegate their BBTC/BB tokens to those validators and obtain LSTs in return. Moreover, LCT distribution for Early Entry customers is ready to finish by Could 13 throughout BounceBit Chain, BNB Good Chain, and Ethereum platforms.
$BB Airdrop and Binance Megadrop
On the day of the Mainnet launch, an automated airdrop of $BB factors might be distributed to each eligible pockets, eliminating the necessity for customers to assert or work together with any webpage. Concurrently, the $BB Megadrop occasion on Binance will conclude, with rewards distributed earlier than the buying and selling commences. Customers are suggested to be vigilant and avoid scams associated to the airdrop.
Asset Withdrawal and Reinvestment Alternatives
Following the Mainnet launch, Premium Yield Technology will reopen for brand spanking new stakers. Customers may provoke withdrawals of their staked belongings. Any MUBI, AUCTION, and DAII tokens deposited through the Water Margin occasion might be returned to customers’ wallets on Ethereum, with BounceBit overlaying the related fuel charges. On Could 20, customers who didn’t take part in Premium Yield may have the chance to withdraw their belongings, with LCTs redeemable for his or her respective belongings on the related chains.
This structured rollout plan not solely emphasizes the safety and effectivity of the BounceBit Mainnet but in addition ensures that the transition is as worthwhile and seamless as attainable for its customers.
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