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.

Swell is a non-custodial staking protocol that offers a fully unified and vertically integrated liquid staking and restaking experience and simplifies access to DeFi.

Bybit Launchpool is excited to introduce SWELL, the utility token of the SWELL Network. During this period, stake $SWELL, $USDT or $MNT to grab a share of 90,000,000 $SWELL for free! 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 SWELL on Bybit Launchpool Event Page.
3. Stake to earn $SWELL tokens:
   1. SWELL Pool
      1. Total Rewards: 18,000,000 $SWELL
      2. Minimum Staking Amount: 2,000 $SWELL
      3. Maximum Staking Amount: 200,000 $SWELL
   2. MNT Pool
      1. Total Rewards: 27,000,000 $SWELL
      2. Minimum Staking Amount: 100 $MNT
      3. Maximum Staking Amount: 5,000 $MNT
   3. USDT Pool
      1. Total Rewards: 45,000,000 $SWELL
      2. Minimum Staking Amount: 100 $USDT
      3. Maximum Staking Amount: 2,000 $USDT

Note:

• Event Period: Nov 7, 2024, 10AM UTC – Nov 14, 2024, 10AM UTC.
• Your Daily Yield = [(The Amount of USDT or MNT) / (Total Number of USDT or MNT Staked by All Participants)] × (Daily SMILE Prize Pool).
• Yield Distribution: Once the system calculates the daily average staked amount for all participants, rewards will be distributed to the participants’ Funding Accounts within a few hours after 12AM (midnight) UTC each day.
• Staked assets can be unstaked anytime. No yield will be generated on the day you withdraw your staked tokens.

You can read more about this event here: Bybit Launchpool X SWELL - Get $SWELL tokens today