Bybit Layer3 Launchpool: Stake L3, USDT, or MNT to Earn

There is truly no shortage of lucrative events on Bybit.

1. Just days ago, we had MOCA and Ancient8 & zkLink launchpools (zkLink still ongoing).
2. There’s also the ongoing USDC Euphoria event, where new users can get massive USDC bonuses for their first deposits.
3. The Subaccount Summer Gold Challenge trading competition starts in a couple of weeks, and promises up to 3 million USDT in rewards.
4. Lastly, our exclusive 500 USDT Position Airdrop promotion is still live, giving everyone a chance to trade without risking any of their money (but still keeping profits).

As if all this wasn’t enough, Bybit is also starting a new Launchpool event, giving everyone a chance to earn free Layer3 tokens by staking L3, USDT, or MNT.

Stake to Earn L3

Bybit invites traders to stake L3, USDT, or MNT and earn a share of 16,666,667 L3 tokens for free. The event runs from July 30, 2024, 10 AM UTC to August 6, 2024, 10 AM UTC.

During the event, everyone can stake their assets to receive L3 tokens.

How It Works

Bybit Launchpool offers three different pools with varying rewards and staking requirements. You can stake L3, USDT, or MNT to earn L3 tokens.

How to join L3 launchpool:

1. Visit Bybit Launchpool page.
2. Click the “Register to Participate” for Layer3. You can alternatively choose any other currently running Launchpool too.
3. Choose the asset you wish to stake and commit it in one of the available pools.
4. You will get staking rewards daily.

It’s all really simple. Bybit literally throws free money at us with these constant Launchpool events, so it’s definitely worth figuring out how to stake your idle coins and earn risk-free yields.

Staking pools and rewards:

1. For L3 Pool, total rewards are 5,000,000 L3. Minimum staking amount is 3,500 L3, and maximum staking amount is 166,667 L3.
2. In MNT Pool, total rewards include 3,333,333 L3 tokens. Minimum staking amount is 100 MNT (~ $85), with maximum staking amount 5,000 MNT.
3. Lastly, in USDT Pool the total rewards are 8,333,334 L3. You can stake between 100 and 2,000 USDT.

Your yield will be automatically deposited into your Funding Account daily (starting the next day after staking). You can unstake assets anytime, but unstaking on a given day means no yield for that day.

VIP users participating in the Launchpool can enjoy an additional 20% APR on their rewards.

More Rewards: L3 Token Splash

Another exciting event, L3 Token Splash, offers a 2,060,000 L3 prize pool. Running from July 30, 2024, 10 AM UTC to August 13, 2024, 8:59 AM UTC, this event lets participants earn big by completing deposit and trading tasks.

You can register now on Token Splash page to get started and claim your share of the prize pool. Plenty of other “Splash” events are still available too, so take a look for a chance to earn even more.

L3 deposits open up on Bybit on July 29, 2024. Token will be listed for trading on July 30, and withdrawals will be enabled on July 31, 2024.

Stake Now & Earn Free L3

Bybit has an enormous amounts of events and promotions for both new and old users. The addition of yet another Launchpool event just proves this is a top-tier crypto exchange that everyone should be using.

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Don’t miss this chance to get risk-free rewards and put your idle assets to work. Stake your L3, USDT, or MNT now and start earning!