Balance snapshot period 2024-09-01 03:00 - 2024-09-05 02:59 (MSK)

To be eligible for tickets for the giveaway, your average daily balance of the token for holding (MNT or USDT) during the balance snapshot period must be equal to or exceed the minimum threshold amount.

During the snapshot period, the balance of MNT or USDT on your spot, derivatives accounts and funding account (or on the Unified Trading and Inverse Derivatives account) will be taken into account.

During the snapshot period, daily snapshots of your accumulated trading volume from spot trading, spot copy trading, grid bot trading, DCA bot trading, leveraged tokens and spot margin trading will be taken. All transactions related to buys and sells will be counted. For USDT-denominated pairs, trading volume is calculated as the sum of the values of all orders for each executed USDT order. For non-USDT denominated pairs, the trading volume will be converted to USDT at the closing price of the current day. Please note that the trading volume of derivatives trading is not taken into account.

Data on the average daily balance and trading volume for the current day will be updated at 06:00 MSK the next day. Due to the significant volume of calculations, the average daily balance may be updated with delays.

Subscription period 2024-09-05 06:30 - 2024-09-05 13:59 (MSK)

To participate in the event, you must pass KYC Level 1 verification or corporate verification. Users from unsupported countries/regions cannot participate in this event.

Sub-accounts are not allowed to participate in the event. The balance or trading volume on sub-accounts is counted towards the main account.

You can choose between two (2) events and click 'Lock' to participate in one of them during the subscription period.

Locked tokens will be frozen. They cannot be used for transfers, withdrawals and trading until the final MAK distribution is completed.

To lock MNT or USDT deposited in staking in Bybit Pool or Flexible Savings, withdraw funds from staking on the 'Orders' — 'Earn Order' page and manually transfer them to the funding account. If you hold MNT or USDT on spot or derivatives accounts (or Unified Trading and Inverse Derivatives accounts), they must be manually transferred to the funding account.

With the available balance of the funding account, you can subscribe to the distribution or ticket giveaway.

Distribution period 2024-09-05 14:00 - 2024-09-05 14:59 (MSK)

For users participating in token subscription: The final amount of MAK distributed = (the amount of tokens you locked / the amount of tokens locked by all participants) * the total amount of MAK allocated for Launchpad. Please note that the maximum amount of MAK you can receive is 5000. All tokens above this amount will be distributed among participants who have not reached the limit. Based on the final result of the MAK distribution, the corresponding amount of locked tokens will be deducted from the locked amount, and the remaining amount of locked tokens will be credited to your funding account. At the same time, the MAK distributed to you will be credited to your spot account (or Unified Trading account if you have switched to it).

For users participating in the giveaway: Each winner will receive 250 MAK, and the eligible amount of MAK will be credited to your spot account (or Unified Trading account if you have switched to it). The remaining amount of locked tokens, if any, will be credited back to the funding account. Participants who failed to win the distribution will get the entire contributed amount back.

Launch period 2024-09-05 15:00 MSK

The new token will be listed on the Bybit spot platform at 2024-09-05 15:00 MSK if liquidity conditions are met.