Bybit Launchpool X NAVX

About Airdrop

Bybit is a cryptocurrency exchange offering diverse products and services, including spot and derivatives trading, earn products to grow user assets, and access to Web3 services. It also provides options trading margined and settled in USDC and inverse perpetual contracts using BTC or other cryptocurrencies as the base. Bybit’s offerings cater to both beginner and advanced traders, providing a versatile platform for trading and asset growth in the crypto space.

NAVX supports digital assets at all risk levels, offering flexibility and robust security to protect user funds while minimizing systemic risks.

Bybit Launchpool is excited to introduce NAVX, the native token of the NAVI protocol. During this period, stake NAVXSUI or USDC to obtain a share of 2,500,000 $NAVX. Check our complete and simple step-by-step guide to participate.

Step-by-step guide

  1. Register on Bybit Exchange and complete your KYC.
  2. Visit the NAVX on Bybit Launchpool Event Page.
  3. Stake to earn NAVX tokens:
    1. NAVX Pool
      1. Total Rewards: 500,000 $NAVX
      2. Minimum Staking Amount: 1,000 $NAVX
      3. Maximum Staking Amount: 100,000 $NAVX
    2. SUI Pool
      1. Total Rewards: 750,000 $NAVX
      2. Minimum Staking Amount: 70 $SUI
      3. Maximum Staking Amount: 3,000 $SUI
    3. USDC Pool
      1. Total Rewards: 1,250,000 $NAVX
      2. Minimum Staking Amount: 100 $USDC
      3. Maximum Staking Amount: 2,000 $USDC

Note:

  • Event Period: Oct 7, 2024, 10AM UTC – Oct 14, 2024, 10AM UTC.
  • Your Daily Yield = [(The Amount of NAVX, SUI, or USDC) / (Total Number of NAVX, SUI or USDC Staked by All Participants)] × (Daily NAVX Prize Pool)
  • Your yield for the day will be calculated from the next day (T+1) after you’ve staked NAVX, SUI, or USDC. 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.

You can read more about this event here

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