Lifeform Token (LFT) on Bybit Launchpad 3.0: Now Live
LFT
About the Project
Lifeform is a decentralized open-source identity platform used by over three (3) million Lifeform asset holders. At the core of Lifeform Universal Domain is the idea of creating user-friendly blockchain domains with the .btc suffix. They will simplify the process of user identification and authentication on the web. Lifeform's goal is to streamline access and optimize blockchain services with a single unique ID, eliminating all complexities.
- Token: LFT
- Price: 1 LFT Token = 0.03 USDT
- Allocated for Bybit Launchpad: 10,000,000 LFT
- MNT Pool: 5,000,000 LFT (limit per subscriber: 10,000 LFT)
- USDT Giveaway: 5,000,000 LFT (user allocation: 500 LFT, winning tickets: 10,000)
Project Website | Whitepaper | Medium | Twitter | Discord | Terms & Conditions | FAQ
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How to Participate
Here is a step-by-step guide on participating in Bybit Spot X Launchpad projects.
Terms
Get early access to tokens. You can use MNT for subscription or USDT for the raffle!
- Your daily average MNT balance should be ≥ 50 MNT, but the more MNT you have, the more allocation you'll get (guaranteed).
- Your daily average USDT balance should be ≥ 100 USDT.
- If you trade, you'll get more tickets (up to 3 tickets).
- In this pool, having tickets doesn't guarantee an allocation, it will be random (lottery).
- If you don't hold 100 USDT but only trade, you won't get tickets. You can hold USDT in either your Unified Trading Account or Funding Account, but at the time of subscription, USDT must be in your Funding Account, otherwise you won't be able to subscribe.
- You need to start trading volumes from the balance snapshot period, which you can quickly do in the USDT/USDC pair with minimal fees.
Launchpad Schedule
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Balance Snapshot Period 2024-05-10 03:00 - 2024-05-15 02:59 MSK
To be eligible for tokens in the distribution, your daily average balance of the holding token (MNT or USDT) during the balance snapshot period must be equal to or exceed the minimum threshold.
During the snapshot period, your MNT or USDT balance on your Spot, Derivatives, and Funding Accounts (or Unified Trading and Inverse Derivatives Accounts) will be considered.
Throughout the snapshot period, daily snapshots of your accumulated trading volume from Spot trading, Spot Copy Trading, Grid Bots, DCA Bots, Leveraged Tokens, and Spot Margin Trading will be taken. All buy and sell transactions will be counted. For USDT-denominated pairs, trading volume is calculated as the sum of order values for each executed USDT order. For non-USDT pairs, trading volume will be converted to USDT at the day's closing price. Note that Derivatives trading volume is not counted.
Data on daily average balance and trading volume for the current day will be updated at 06:00 MSK the following day. Due to the significant calculation volume, the daily average balance may update with delays.
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Subscription Period 2024-05-15 06:30 - 2024-05-15 13:59 MSK
To participate, you need to pass KYC Level 1 or Corporate Verification. Users from unsupported countries/regions cannot participate.
Sub-accounts are not allowed to participate. Sub-account balance or trading volume will be counted under the master account.
You can choose between two (2) events and click 'Lock' to participate in one during the subscription period.
Locked tokens will be frozen. You cannot transfer, withdraw or trade them until the final LFT distribution is completed.
To lock MNT or USDT staked in Bybit Pool or Flexible Savings, withdraw from staking on the 'Orders' - 'Earn Order' page and manually transfer to your Funding Account. If you hold MNT or USDT on your Spot or Derivatives Accounts (or Unified Trading and Inverse Derivatives Accounts), you need to manually transfer them to your Funding Account.
With the available Funding Account balance, you can subscribe for the distribution or ticket raffle.
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Distribution Period 2024-05-15 14:00 - 2024-05-15 14:59 MSK
For token subscription participants: Final LFT distribution amount = (tokens you locked / total tokens locked by all participants) * total LFT allocated for Launchpad. Note the maximum LFT you can receive is 10,000. Any excess will be redistributed to participants who didn't reach the cap. Based on the final LFT distribution result, the corresponding locked token amount will be deducted from your locked amount, and the remaining locked tokens will be credited to your Funding Account. Meanwhile, the distributed LFT will be credited to your Spot Account (or Unified Trading Account if migrated).
For ticket raffle participants: Each winner will receive 500 LFT, which will be credited to your Spot Account (or Unified Trading Account if migrated). Any remaining locked tokens will be credited back to your Funding Account. Participants who didn't win the distribution will get their entire locked amount back.
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Launch Period 2024-05-15 15:00 MSK
The new token will be listed on Bybit's Spot platform at 2024-05-15 15:00 MSK if liquidity conditions are met.
Our Participation
We are interested in the USDT distribution, as there are almost no risks, only small fees. Subscription in MNT is recommended only for holders of this coin. Let's say if you have 1 winning ticket, you will receive 500 LFT tokens at a rate of $0.03, your expenses will be 15 USDT. After listing, you sell your coins, usually it's a few x's or more, or you hold further.
During the snapshot period, you need to hold at least 100 USDT + you can trade on the spot to get more tickets. During this time, accumulate a trading volume of at least 5K USDT or hold at least 1K USDT in assets to get 2 tickets, accumulate a trading volume of at least 25K USDT or hold at least 10K USDT in assets to get 3 tickets. Life hack: How to easily and quickly make a trading turnover with a small amount? Read in the How to Participate section.
During the subscription period, you need to go to the launchpad page and subscribe - click the "Lock" button, the funds must be in your funding account at that moment, otherwise it won't let you subscribe. Getting tickets doesn't mean your ticket will win, meaning you may not get an allocation at all - it will be random. If you don't win, you don't lose anything.
We will make a trading volume of 25K USDT on 4 accounts to get 3 tickets each, you can simply hold at least 100 USDT and get 1 ticket. Good luck to everyone!
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Our Results
Уже второй лаунчпад выигрышный :), прошел 1 из 12 билетов (делали 4 аккаунта по 3 билета).
Какой можно было получить профит с одного выигрышного билета? Затраты 15 USDT за 500 LFT, продать можно было где-то по 0.1$ +-, итого 50$. Слабовато конечно, но видимо какой рынок, такие и выигрыши).
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