Competitions and promotions

peaq network (PEAQ) to be listed on Bitget Launchpool — lock BGB and USDT to share 12,125,000 PEAQ!

2024-11-11 10:001614875

Bitget Launchpool will be listing peaq network (PEAQ). Eligible users can lock BGB and USDT to share 12,125,000 PEAQ.

Locking period: November 12 2024, 09:00 – November 19 2024, 09:00 (UTC)

Lock Now

Project details

• Token name: peaq network (PEAQ)

• Total supply: 4,200,000,000 PEAQ

• Launchpool allocation: 12,125,000 PEAQ

• About the project:

peaq is leading a global infrastructure revolution, empowering people to own and earn from the physical infrastructure they use, such as mobility, energy, and connectivity. peaq is a layer-1 blockchain designed to be the go-to backbone for the Machine Economy, now known as DePIN. It is home to more than 50 applications in 21 industries and to the 1,750,000+ devices, vehicles, machines, and robots (Machine RWAs) that run on them. peaq serves as permissionless, borderless digital infrastructure for increasingly intelligent machines to serve all of humanity – the 100%, not just the 1% – democratizing abundance in the Age of AI and job automation.

Locking pool 1:

Total PEAQ Campaign Pool

10,250,000 PEAQ

Maximum BGB locking limit for VIP1-VIP7

50,000 BGB

Maximum BGB locking limit for VIP0

20,000 BGB

Minimum BGB locking limit

5 BGB

BGB pool airdrop per user = user's locked BGB ÷ total locked BGB of all eligible participants × corresponding pool.

Locking pool 2:

Total PEAQ Campaign Pool

1,875,000 PEAQ

*Eligibility for new user

Only new users who sign up after November 11, 2024, 10:00 (UTC) are eligible.

Maximum USDT locking limit

2,000 USDT

Minimum USDT locking limit

5 USDT

USDT pool airdrop per user = user's locked USDT ÷ total locked USDT of all eligible participants × corresponding pool.

Notes:

1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume.

2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly.

3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM.

4. The APR of each locking pool is calculated separately.

5. Users can unlock their locked tokens from the locking pool at any time.

6. Locked assets will be automatically returned to the user's spot account after the locking period ends.

Terms and conditions

1. Users must complete identity verification to participate in the promotion.

2. All participants must strictly comply with Bitget's terms and conditions.

3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!

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