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Nibiru Chain is a Layer 1 blockchain and a user-friendly smart contract ecosystem for developers and users, featuring exceptional throughput and security. Every aspect of the ecosystem is equipped with innovative technologies that advance the Web3 domain. This includes DApp development, infrastructure, consensus, a comprehensive toolkit for developers, and value enhancement.
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How to participate
Here's a step-by-step guide to participating in Bybit Launchpool projects.
Terms
Stake your funds and receive tokens for free.
Stake NIBI or USDT during this period to earn a share of the 3,750,000 NIBI prize pool!
To participate in the Bybit Staking Pool KYC Level 1 verification is required
1. NIBI Pool
- Total rewards: 1,875,000 NIBI.
- Minimum staking amount: 500 NIBI.
- Maximum staking amount: 50,000 NIBI.
2. USDT Pool
- Total rewards: 1,875,000 NIBI.
- Minimum staking amount: 100 USDT.
- Maximum staking amount: 2,000 USDT.
Daily yield = [(amount of NIBI or USDT) / (total amount of NIBI or USDT staked by all participants)] × (daily NIBI prize pool)
The yield calculation will start the next day (T+1) after staking NIBI or USDT. The yield will automatically be transferred to your funding account the day after the calculation period (T+2). Yield information will be updated daily at 00:00 UTC.
Our participation
We will enter with 4 of our accounts to the maximum limit in the USDT pool for $8000. After the staking period ends, we will share our results. The USDT pools are absolutely risk-free!
Results
The staking in the Bybit Pool with the NIBI token has concluded. Over 16 days, we received 15 payouts, as the deposit starts working the next day. From 2000 USDT, we received 76.5 NIBI coins, which as of today amounts to about $42 (as of 03/28/2024, with a rate of $0.55).
We participated with 4 accounts at the maximum USDT limit, totaling 306 NIBI, which is $168. There were many participants, so the profit was not high, but it was absolutely risk-free. P.S. It's not worth withdrawing the deposit early; the auto-redemption date is set for 2 days after the pool closes, and during these days, two more payouts will be received, which is more than during its operation, as some participants withdraw early.
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