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.

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.

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.

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.