Bitget, a global leader in cryptocurrency exchange services, has announced the listing of peaq (PEAQ) on its Launchpool. This listing allows users to stake assets and earn rewards, creating a new opportunity for cryptocurrency users to engage in Decentralized Physical Infrastructure Networks (DePIN).
Key Information on Bitget Launchpool and peaq Listing
| Event | Date and Time (UTC) | Details |
|---|---|---|
| Launchpool Start | November 12, 2024, 09:00 | Stake BGB and USDT to earn PEAQ rewards |
| Trading Availability | November 12, 2024, 09:00 | Spot trading for PEAQ/USDT |
| Withdrawal Availability | November 13, 2024, 10:00 | Users can withdraw PEAQ from the platform |
| Launchpool End | November 19, 2024, 09:00 | Last day for staking rewards |
| PoolX Locking End | November 22, 2024, 09:00 | Additional earning option via PoolX with staking limits |
Staking and Reward Distribution
The peaq listing on Bitget Launchpool offers users the chance to earn rewards by staking BGB or USDT. A total of 12,125,000 PEAQ tokens will be distributed to participants in real-time with hourly reward calculations. Bitget’s Launchpool makes it easy for users to enter and exit staking, adding flexibility for participants.
Pool Breakdown
| Pool Type | Token Pool | Amount (PEAQ) |
|---|---|---|
| BGB Campaign Pool | BGB | 10,250,000 |
| USDT Campaign Pool | USDT | 1,875,000 |
| Total Campaign Pool | BGB + USDT | 12,125,000 |
About peaq: Blockchain for Decentralized Infrastructure
Peaq is a Layer 1 blockchain focused on supporting Machine Real World Assets (RWAs) and DePINs. With transaction speeds of up to 10,000 TPS (potentially 100,000 TPS after upgrades), peaq facilitates efficient, low-cost transactions.
Key peaq Features:
- Smart Contract Support: Compatible with EVM (Solidity) and WASM (Rust).
- Scalability: Parallelized block production.
- Network Integration: Bridges to Ethereum, Cosmos, Polkadot, and Solana.
Additional Reward Opportunities: PoolX and CandyBomb
Bitget’s Launchpool event includes PoolX and CandyBomb activities for further engagement. These events enable users to earn additional PEAQ tokens through stakes and trading.
CandyBomb Promotion
| Activity | PEAQ Tokens Available | Participation Method |
|---|---|---|
| Net Deposit Campaign | 778,250 | Deposit PEAQ tokens |
| Futures Trading Pool | 375,000 | Futures trading for new users only |
| Total Campaign Pool | 1,153,250 | Various earning methods available |
Bitget: Expanding in Spot and Derivatives Markets
With over 800 coins and 900 trading pairs, Bitget ranks among the top 4 exchanges globally in spot trading. The platform’s extensive offerings attract cryptocurrency users by providing valuable staking opportunities and access to a wide variety of projects.
Conclusion on the Bitget Launchpool Lists peaq
The listing of peaq on Bitget Launchpool represents a strong addition to Bitget’s exchange offerings, allowing users to engage with a cutting-edge blockchain and earn rewards through staking.
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