How to participate in the BingX MAX Launchpool:

• Token Staking

  • Be a BeInCrypto referral: If you don’t have a BingX account, create one using this link. Complete advanced KYC (required for staking).
  • During the staking stage, stake the corresponding token between 2024-07-29 at 06:00 and 2024-08-03 at 06:00 (UTC) to join the Launchpool ON THIS PAGE.
  • Your staked tokens can be retrieved from the Launchpool project at any time.

• Reward Calculation

  • Three snapshots of each participating user’s staked tokens will be taken every hour to determine the amount staked during that hour and allocate rewards accordingly. Here’s the calculation formula:
    Hourly Reward = (User’s Average Hourly Staked Token Amount ÷ Platform’s Average Hourly Staked Token Amount) x (Daily Reward Limit ÷ 24)

• Reward Issuance

  • Launchpool rewards are issued to participating users hourly. The system calculates the “hourly reward limit for users” based on their “daily reward limit”. This ensures fair earnings for all participating users.
  • If User A stakes at time T, the system will issue the reward at T+1. (For instance: User A stakes at 10:00, and the system has taken three snapshots of the User A’s staked amount during that hour. User A will receive the staking rewards at 11:00.)

• Spot Listing

  • MAX/USDT will be listed in Spot Trading on 2024-08-05. Please refer to the upcoming listing announcement for the exact time.
  • After the MAX Launchpool, your staked tokens will be automatically returned to your Fund Account.