BingX Launchpool is set to introduce Counter Fire (CEC), a new blockchain-driven game in the MOBA genre. Counter Fire aims to bring traditional gamers into the Web3.0 world by offering an intense, fast-paced gaming experience on mobile devices. This launch provides an opportunity for users to stake their USDT and BTC to earn free CEC tokens.
CEC Launchpool Schedule
The staking period for CEC on BingX Launchpool begins on August 30, 2024, at 02:00 (UTC) and will run until September 4, 2024, at 02:00 (UTC).
The exact time for the token’s listing will be announced later, with the official listing set for September 4, 2024.
CEC Launchpool Details
Participants can stake USDT and BTC to grab a share of the 10 million CEC tokens up for grabs. The prize pool is split into two categories:
- USDT Prize Pool: 7,000,000 CEC tokens
- BTC Prize Pool: 3,000,000 CEC tokens
Daily reward limits are also established, with 1,400,000 CEC available for the USDT pool and 600,000 CEC for the BTC pool. Furthermore, hourly rewards will be distributed with a cap of 583.33 CEC for the USDT pool and 250 CEC for the BTC pool.
To start staking, visit BingX’s launchpool page.
CEC Token Overview
- Token Name: CEC
- Project Type: GameFi
- Contract Info: ERC20
- Website: counterfire.games
- X (formerly Twitter): @playCounterFire
Event Rules and Participation
- Token Staking: First, log into your BingX account and ensure that advanced KYC verification is completed. Unfortunately, users from restricted regions are not eligible to participate. During the staking stage, users can stake their tokens from August 30, 2024, at 02:00 (UTC) until September 4, 2024, at 02:00 (UTC). Staked tokens can be retrieved from the Launchpool project at any time.
- Reward Calculation: Every hour, three snapshots of the staked tokens will be taken. The rewards will be allocated based on the average amount staked during that hour. The formula used for calculation ensures fair distribution, but users must be aware that if their staked amount is too small, it may not meet the minimum issuance threshold.
- Reward Issuance: Rewards are issued hourly. The system calculates the hourly reward limit based on the daily reward limit, ensuring fair distribution. Regardless of the amount staked, users won’t earn beyond the set limit. For example, if User A stakes at 10:00, they will receive their rewards at 11:00, provided the system has taken three snapshots during that hour.
- Spot Listing: The CEC/USDT pair will be available for trading on BingX Spot Trading starting September 4, 2024. After the CEC Launchpool event concludes, staked tokens will be automatically returned to the user’s Fund Account.
In addition to BingX, you can also join Bitget’s CEC launchpool. On Bitget, you can stake USDT and BGB until September 9th. You can stake BGB or USDT, and special yield bonuses are available for new users.
This launch offers a unique chance to be part of the gaming revolution while earning free CEC tokens. Whether you’re an avid gamer or an investor, participating in this event could be a rewarding experience. Visit the BingX website to get started, stake your tokens, and claim your share of the 10 million CEC tokens available.
