Bybit FLOCK Launchpool: USDT Staking

Bybit FLOCK Launchpool: USDT Staking

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FLock.io is the first decentralized AI training platform that combines federated learning and blockchain technologies to radically transform AI model development. By providing secure privacy-preserving model training without data centralization, FLock enables collaborative creation, training, and ownership of AI models. The ecosystem includes AI Arena for competitive model training, FL Alliance for privacy-preserving collaboration, and AI Marketplace for model deployment and refinement.

Project Website | Whitepaper | Twitter | Discord | Rules

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How to participate

Here's a step-by-step guide to participating in Bybit Spot X Launchpool projects.

Terms

Deposit funds in staking and receive tokens for free.

Duration: December 31, 2024 15:00 MSK — January 7, 2025 15:00 MSK.

During this period, stake FLOCK, MNT, or USDT and receive a share of 10,000,000 FLOCK for free!

To participate in staking on Bybit Pool KYC verification is required


FLOCK Pool
  • Total rewards: 2,000,000 FLOCK
  • Minimum staking amount: 200 FLOCK
  • Maximum staking amount: 30,000 FLOCK
MNT Pool
  • Total rewards: 3,000,000 FLOCK
  • Minimum staking amount: 100 MNT
  • Maximum staking amount: 5,000 MNT
USDT Pool
  • Total rewards: 5,000,000 FLOCK
  • Minimum staking amount: 100 USDT
  • Maximum staking amount: 2,000 USDT

FLOCK listing: December 31, 15:00 MSK.

Assets can be withdrawn from staking at any time. No rewards are accrued on the day of withdrawal from staking.

Our participation

We plan to participate with 4 accounts at the maximum limit in the USDT pool for $8,000. After completing the staking, we will share our results. USDT pools are absolutely RISK-FREE!

The pool will be in the old format, with listing and launch simultaneously, following new rules for pre-listing pools. Early withdrawal of deposits is not necessary; the staking history will show the auto-redemption date, and after the pool closes, there will be an additional token distribution.

Our deposit 8,000 USDT 👉 Earn $FLOCK tokens with us!

Results

The actual profit may vary, as the value of coins you receive from the pool will change. Some users prefer to sell coins at the current price daily, while others may realize them at the end of the term or keep them in their portfolio. The coin price can both fall and rise. For example, you might sell a coin daily for $1, while later someone else might sell it for $2 or, conversely, for $0.5 per coin. Each person makes this decision independently. Experience shows that free coins received from pools are best sold immediately after accrual or at the start of listing if the coin will be on sale after the pool ends.

Based on the staking results, we record the following outcomes:

USDT Pool
  • APR: 70.91%
  • Yield for 7 days of pool operation: ≈ 1.55% of the deposit
  • With a maximum amount of 2000 USDT, the income was approximately $30

MNT Pool
  • APR: 84.63%
  • Yield for 7 days: ≈ 1.85% of the deposit amount

FLOCK Pool
  • APR: 800.00%
  • Yield for 7 days: ≈ 17.5% of the deposit amount

APR (Annual Percentage Rate) is the annual interest rate that shows the basic return on investment without taking into account the effect of compound interest. In the context of crypto investments, APR represents the simple percentage of the principal amount you will receive over a year.

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