PANews reported on April 25 that with the upcoming launch of the BounceBit mainnet, the platform announced a series of key updates. The points system for the "The Water Margin" event and the BIT system for the "East-to-West" testnet event have ended, and the points calculation has been stopped. The new websites of BounceBlub and Bouncebit Portal are expected to be launched tomorrow.
To celebrate the launch of the mainnet, BounceBit will automatically airdrop BB tokens to all eligible users before trading begins, and users do not need to perform any claiming operations. In addition, the Liquid Custody function will also be launched on the Bouncebit Portal. Whenever users deposit BTCB, WBTC, FDUSD and USDT on BNB Chain or Ethereum, BounceBit will issue corresponding liquidity custody tokens (LCT).
For users who participate in early access, their LCT will be automatically issued on the BounceBit chain. If users have MUBI, AUCTION or DAII, they can withdraw from the BounceBit chain through the cross-chain bridge after the mainnet is launched. In addition, the redemption of BTCB, WBTC, FDUSD and USDT will be scheduled on May 31, and the collateral assets in Premium Yield Generation will also be redeemed on the same date.
As reported earlier today, Binance officially launched its first Megadrop project BounceBit (BB) .
