BitDAO, One of the World’s Largest Decentralized Autonomous Organizations (DAOs), Announces 8 Million $BIT Token Giveaway Courtesy of ByBit Exchange

ByBit, one of the leading crypto exchanges globally, has announced its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.

In addition, BitDAO, the decentralized body with Bybit as its initial proponent, has announced it is giving away 8 million $BIT tokens as part of its efforts to build up interest and enthusiasm for the ByBit Launchpad launch and the ByBit Launchpool soon afterwards.

Basically, here are the 3 BIT events look out for and help you get a share of this ongoing giveaway:

  • The ByBit Launchpad giveaway is taking place from 00:00AM UTC on Sept. 22, 2021 to 10:00AM UTC on Sept. 28, 2021 with participants getting up to 3,500 FREE BIT!
  • Following the giveaway, from 11:00AM UTC on Sept. 28, 2021 to 00:00AM UTC on Oct. 13, 2021, you will be able to stake BIT to earn BIT on ByFi Center with the highest annualized percentage yield (APY)
  • Following the stake, from 00:00AM UTC on Sept. 29, 2021 to 00:00AM UTC on Oct. 16, 2021, you also stand a chance to grab 600 BIT when your all-time trading volume on Bybit hits a threshold.

According to ByBit:

“The spot volume you’ve traded prior to the event will be multiplied by three (3), while the spot volume and derivatives volume traded during the event period will be counted in multiples of 4.5 and 1.5, respectively.”

                                             – ByBit

In addition to winning a share of the 8 million BIT prize pool, you can gain up to 8 BIT for each qualified friend you bring to Bybit. That means, if you got seven eligible referees, you will get a drop of 56 BIT. 😏


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