There’s been a crazy amount of launchpools at Bybit recently, making this the most lucrative exchange to park your idle spot holdings. Starting October 17, 2024, you can stake DBR, USDT, or MNT on Bybit Launchpool and earn a share of 50,000,000 DBR tokens for free.
Whether you’re already holding these tokens or looking to expand your portfolio, this is a limited-time chance to generate passive income and unlock additional rewards. Let’s check out how to participate and make the most of this event.
How to Earn DBR on Bybit Launchpool
Participating in Bybit’s Launchpool is simple and offers multiple pools to suit your staking preferences. Whether you hold DBR, USDT, or MNT, there’s a pool waiting for you. Here’s a breakdown of what’s on offer:
| Pool | Total Rewards | Minimum Staking | Maximum Staking |
|---|---|---|---|
| DBR | 10,000,000 DBR | 1,000 DBR | 80,000 DBR |
| MNT | 15,000,000 DBR | 100 MNT | 5,000 MNT |
| USDT | 25,000,000 DBR | 100 USDT | 2,000 USDT |
Staking your tokens gives you a chance to earn daily rewards based on the total pool size. The reward starts accumulating from the next day after staking, and Bybit will automatically deposit your yield into your Funding Account every day starting from the second day. You can also unstake your assets anytime—just remember, no yield is generated on the day you withdraw.
You can stake and get rewards until the countdown below expires:
Bybit’s PUFFER lauchpool overlaps with DBR by a few days, so make sure to plan accordingly, and participate in both if you can.
Boost Your Rewards: VIP and Additional APRs
If you’re a Bybit VIP, you can earn even more! VIP members get the added benefit of extra Annual Percentage Rate (APR) rewards during the event. To find out how much extra APR you can earn based on your VIP level, visit the event page.
Important Dates and Milestones
To help you plan your staking and maximize your rewards, here are the key dates for the DBR event:
- DBR Deposits Open: October 16, 2024, 8 AM UTC
- DBR Listing & Staking Launch: October 17, 2024, 8 AM UTC
- DBR Withdrawals Open: October 18, 2024, 8 AM UTC
- DBR Launchpool ends: October 24, 2024, 8 AM UTC
DBR tokens will be available via the Solana network, and you’ll also be able to trade DBR using Bybit’s Spot Grid Bots once listed.
Take Advantage of Bybit’s Referral Program
Want to earn more than just staking rewards? Bybit is offering an exciting referral boost. For every friend you refer who successfully signs up and participates in the DBR Launchpool, you’ll earn 5 USDT, with rewards for up to 10 referrals. Even better, these rewards are stackable with Bybit’s existing Referral Program. So, the more friends you invite, the more you can earn.
Key Details:
- New users must sign up using your referral code to qualify.
- Rewards will be distributed within 10 days of the event’s conclusion.
- Both you and your friends enjoy all program perks, and rewards are given on a first-come, first-served basis.
About deBridge (DBR)
For those unfamiliar, deBridge (DBR) is a next-gen cross-chain messaging and interoperability protocol that empowers developers to create powerful decentralized applications (dApps). With seamless value transfers and message flows across chains, DBR aims to be a key player in decentralized finance (DeFi).
How to Get Started Staking
Participating in the Bybit Launchpool is easy. Here’s what you need to do to start earning DBR tokens:
- Create or Log Into Your Bybit Account: Make sure your account is fully verified with Identity Verification Lv. 1 to qualify for staking.
- Choose Your Staking Pool: Visit Bybit’s Launchpool and decide whether you want to stake DBR, USDT, or MNT and select the appropriate pool. Remember to consider the minimum and maximum staking amounts for each pool.
- Stake Your Tokens: Once you’ve chosen your pool, stake your tokens to begin earning rewards. Bybit will calculate and distribute your yield daily, starting from the day after you stake.
- Refer Friends for Bonus Rewards: Don’t forget to use your referral code to invite friends and earn 5 USDT for each successful signup!
Don’t miss grabbing our exciting and free 500 USDT position airdrop if you’re a new Bybit user!
DBR Launchpool on Bitget
In addition to Bybit, Bitget exchange is also running a deBridge launchpool (PoolX). You can visit Bitget PoolX to start staking your Ethereum, with minimum amount of 0.002 ETH. The staking events lasts until October 27th, 13:00 UTC.
Don’t Miss Out – Stake Today!
This Bybit Launchpool event runs from October 17, 2024, at 8 AM UTC to October 24, 2024, at 8 AM UTC. With 50,000,000 DBR tokens available and additional VIP rewards, this is the perfect chance to grow your holdings. Stake your tokens, earn free DBR, and refer friends to boost your rewards.
