Pell Network has created a decentralized Omnichain service network powered by BTC restaking to extend BTCFi into the cryptoeconomic security domain and fully unlock Bitcoin's security potential. Pell increases capital efficiency for stakers and provides developers with an efficient, secure, and accessible way to build validated services.

Project Website | Whitepaper | Twitter | Discord | Rules

How to participate

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

Via the exchange website

1. Go to Bybit.com.

2. In the top menu, click on the "Trade" button, then "Spot X" and select the "Pool" section.

3. Then click "Register" to participate in the respective project. After successful registration, you can proceed to staking and start earning tokens for the selected project.

4. Staking funds must be in your funding account. Specify the desired amount, accept the terms and click "Confirm".

Read Launchpool FAQ

Via the Mobile App

1. Download the official exchange app Bybit.com.

2. In the main menu, click on the "More" button, where all exchange sections will be visible. Then find "Spot X" and select the "Pool" section.

3. Next, click "Register" to participate in the respective project. After successful registration, you can proceed to staking and start earning tokens for the selected project.

4. Funds for staking should be in your funding account. Specify the required amount, accept the terms, and click "Confirm".

Terms

Stake funds and earn tokens for free.

During this period, stake PELL, MNT, or USDC and receive a share of 20,000,000 PELL for free!

To participate in staking on Bybit Pool, KYC verification is required

Listing and launch occur simultaneously, and accrued rewards can be sold on the exchange daily. USDC pools are absolutely RISK-FREE, and if you are a holder of the MNT coin, you should definitely participate! It's not necessary to withdraw your deposit early; the staking history will show the automatic redemption date, and after the pool closes, there will be one additional token accrual.

Results

Actual profit may vary, as the value of the coins you receive from the pool will fluctuate. Some users prefer to sell coins at the current price daily, while others may choose to sell them at the end of the term or keep them in their portfolio. The price of a coin can either fall or rise. For example, you might sell a coin daily for $1, while someone else might sell it for $2 later, or conversely, for $0.5 per coin. This decision is up to each individual. As a rule of thumb, it is better to sell free coins received from pools immediately after accrual or at the start of listing if the coin is available for sale after the pool ends.

Based on the staking results, we фиксируем the following:

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 a simple interest on the principal amount that you will receive during the year.