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How to participate

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

Terms

Stake your funds and earn tokens for free.

During this period, stake FF, MNT, or USDT and receive a share of 8,000,000 FF for free!

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

The launchpool starts after the listing, so rewards can be sold on the exchange daily. USDT pools are absolutely risk-free, and if you are an MNT holder (the Bybit exchange token), you should definitely take part! Early withdrawal is optional, as the staking history will show the automatic redemption date, and after the pool closes, an additional token distribution will be made.

Results

Actual profit may vary, as the value of the coins you receive from the pool fluctuates. Some users prefer to sell their coins daily at the current market price, while others choose to cash them out at the end of the term or simply keep them in their portfolio. The coin price can either fall or rise.

For example, you may sell the coin daily for $1, while later someone else might sell the same coin for $2, or, on the contrary, for $0.5 per coin. In this matter, everyone makes their own decision. As practice shows, free coins received from pools are usually best to sell right after accrual or at the start of listing if the coin becomes available for trading after the pool ends.

Based on the staking results, we can summarize the following outcomes:

APR (Annual Percentage Rate) is the annual interest rate that shows the basic investment return without accounting for compound interest. In the context of crypto investments, APR represents the simple percentage of the principal amount you will earn over a year.