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Victoria, Seychelles, 2 January 2025 — Bitget Pockets, a number one Web3 non-custodial pockets, has unveiled an unique rewards program for holders of its native token, BGB. Beginning January 2025, customers who maintain 1 BGB or extra can be eligible to share a $1 million airdrop pool whereas unlocking weekly perks by way of collaborations with main blockchain tasks.
The marketing campaign kicks off with its first part from January 2 to January 9, 2025. On this preliminary part, customers holding above 1 BGB can be part of a $100,000 prize pool and obtain airdrops from tasks reminiscent of XION and MomoAI. The entire reward pool for the marketing campaign will attain $1 million, distributed throughout a number of phases all year long. Bitget Pockets plans to announce additional reward alternatives quickly, making certain constant advantages for BGB holders. Customers can now swap their BWB to BGB seamlessly by way of the Bitget Pockets app at a price of 1 BWB = 0.08563 BGB, with all swaps processed shortly on-chain.
This program follows the merger of BWB into BGB, consolidating Bitget’s token ecosystem beneath a single unified token – BGB. BGB’s future utility is ready to increase considerably throughout on-chain and real-world purposes. It is going to be built-in into main DeFi ecosystems for decentralized buying and selling, staking, and lending, serving as fuel token inside Bitget Pockets whereas gaining precedence entry to new challenge launches and airdrops. Actual-world purposes embody powering funds for eating, journey, and purchasing, unlocking extra advantages like reductions, rebates, and luxurious companies. To boost its worth, a quarterly buyback and burn mechanism is carried out. BGB’s deflationary mannequin started with the burn of 800 million tokens, lowering its whole provide by 40%.
Because the fastest-growing on-chain superapp, Bitget Pockets has lately hit 60 million customers with 300% annual development. “BGB is central to our imaginative and prescient of empowering the decentralized ecosystem,” stated Alvin Kan, COO of Bitget Pockets. “By integrating BGB right into a rising vary of use instances — from DeFi, PayFi purposes to real-world funds — we’re creating an ecosystem the place worth seamlessly flows between CeFi and DeFi. This initiative brings us nearer to realizing our purpose of constructing Web3 accessible to all and accelerating world adoption.”
About Bitget Pockets
Bitget Pockets is the house of Web3, uniting limitless prospects in a single non-custodial pockets. With over 60 million customers, it gives complete onchain companies, together with asset administration, on the spot swaps, rewards, staking, buying and selling instruments, stay market knowledge, a DApp browser, an NFT market and crypto cost. Supporting over 100 blockchains, 20,000+ DApps, and 500,000+ tokens, Bitget Pockets permits seamless multi-chain buying and selling throughout tons of of DEXs and cross-chain bridges, together with a $300 million safety fund to make sure security of customers’ property. Expertise Bitget Pockets Lite to begin a Web3 journey.
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