Bybit Launchpool: Stake MODE, USDT or MNT to Earn a Share of 15,000,000 MODE!

Bybit Launchpool is excited to introduce MODE, the native token of Mode.

🗓 Event Period: May 7, 2024, 11AM UTC – May 14, 2024, 11AM UTC

During this period, stake MODE, USDT or MNT to obtain a share of 15,000,000 MODE for free!

[Stake to Earn!]

How It Works

On the Bybit Launchpool, you can stake MODE, USDT or MNT to earn MODE tokens.

1. MODE Pool

• Total Rewards: 3,000,000 MODE
• Minimum Staking Amount: 200 MODE
• Maximum Staking Amount: 5,000 MODE

2. MNT Pool

• Total Rewards: 4,500,000 MODE
• Minimum Staking Amount: 100 MNT
• Maximum Staking Amount: 10,000 MNT

3. USDT Pool

• Total Rewards: 7,500,000 MODE
• Minimum Staking Amount: 100 USDT
• Maximum Staking Amount: 2,000 USDT

Your Daily Yield = [(The Amount of MODE, USDT or MNT) / (Total Number of MODE, USDT or MNT Staked by All Participants)] × (Daily MODE Prize Pool)

Your yield for the day will be calculated from the next day (T+1) after you’ve staked MODE, USDT or MNT. The calculated yield will be automatically deposited to your Funding Account daily starting one day after the calculation period (T+2). Your yield will be refreshed daily at 12AM (midnight) UTC.

Staked assets can be unstaked anytime. No yield will be generated on the day you withdraw your staked tokens.

VIP Rewards: Additional APR

VIP users participating in the Launchpool can enjoy additional APR rewards! For specific details regarding these rewards, please refer to the event page.

[Stake Now]

About Mode (MODE)

Mode, the Modular DeFi L2, is constructing the Superchain in collaboration with Optimism. By pioneering new on-chain economic systems, Mode empowers developers to scale their applications while offering users higher yields.

[Website](https://www.mode.network/) | Whitepaper

Airdrop Hunt

To celebrate the upcoming listing of Mode (MODE) on our Spot trading platform, we've prepared a special event with a total prize pool of 14,000,000 MODE for you.

Listing Timeline

• MODE Deposits: Opens on May 2, 2024, 10AM UTC
• MODE Listing: May 7, 2024, 11AM UTC
• MODE Withdrawals: Opens on May 4, 2024, 10AM UTC

Deposits and withdrawals will be available via the Mode network.

MODE will be available for trading via [Spot Grid Bots](https://www.bybit.com/en-US/tradingbot/) when listed.

Register for the event to get started.

• MODE Community Airdrop Quest — 14,000,000 MODE Up for Grabs

🗓 Event Period: May 7, 2024, 11AM UTC – May 28, 2024, 11AM UTC

Perk 1: MODE Community Airdrop: 14,000,000 MODE Up for Grabs

Before you get started, click the Register Now button below to register for the event.

[Register Now]

Simply follow these steps:

1. Follow both @MODE and @Bybit on X.
2. Quote/Re-tweet the airdrop event post.
3. Deposit at least 100 USDT or 200 MODE into your Bybit account.
4. Trade at least 100 USDT worth of MODE on Bybit Spot.
5. Complete the form on the event page.

Only 40,000 participants will be selected randomly to receive 350 MODE each!

Perk 2: Invite New Users and Share a 250,000 MODE Prize Pool

Invite new users to join Bybit and participate in Perk 1. You will receive 20 MODE for each qualified referee.

Rewards will be distributed on a first-come, first-served basis.

[Invite Now]

Terms and Conditions:

Launchpool

- Users must complete Identity Verification Lv. 1 to stake tokens on Bybit Launchpool. Institutions and users from restricted countries/regions are not allowed to participate.

- Staked tokens can be unstaked anytime. No yield will be generated on the day users unstake their tokens.

- Yield will be updated daily at 12AM (midnight) UTC. Calculations for yield will start on the next day (T+1) after users stake their MODE, and will be automatically deposited daily to their Funding Account starting one day after the calculation period (T+2).

- There may be delays in the depositing of yields earned. Users will only receive a yield if it’s greater than or equal to 0.01 USDT.

- Cash rewards, if any, will be automatically credited to eligible reward recipients' Spot Account one (1) month after the end of the Launchpool event.

Airdrop Hunt

- Users must click the Register Now button on the event page to participate in the event and be eligible for rewards.

- Users must complete Identity Verification Lv. 1 before the event ends to participate in the event.

- Referrees must sign up using a referral code or link from their referrer during the event period to be eligible for this event.

- Rewards from this event can be combined with Bybit's existing Referral Program. Both referrers and referees can enjoy all associated rewards.

- Institutional users and Market Makers are not eligible for this event.

- Only deposits and trades made within the event period will be considered in the reward calculation.

- Users will still be eligible for the event even if they withdraw MODE during the event.

- Deposits made using a Subaccount will not be counted toward this event.

- All deposits made via P2P Trading, One-Click Buy and on-chain transfers will be counted toward this event. However, internal transfers will not be counted toward the reward calculation.

- Only Spot trades of MODE will be counted as eligible trading volume for this event. The accumulated trading volume is the total amount of MODE users buy and sell on Spot within the event period.

- Trades made using a Subaccount or Trading Bots will be counted toward this event. However, trades made via API will not be counted toward this event.

- Rewards will be credited to eligible users' Funding Account, Spot Account, or Unified Trading Account within 10 days after the event ends.

General

- All participating users must strictly abide by the Bybit Terms of Service.

- Bybit reserves the right to disqualify any participants who engage in dishonest or abusive activities during the event, including bulk-account registrations to farm additional bonuses and any other activities in connection with unlawful, fraudulent or harmful purposes.

- Bybit reserves the right to modify the terms of this event without notifying users in advance.

- Bybit reserves the right of final interpretation of this event. If you have any questions, please contact our Customer Support.