Bybit’s Walken (WLKN) promotion

Walken (WLKN) on Bybit Launchpad

Good news, Walken (WLKN), Bybit Launchpad’s latest project, is now live!

  • Token: WLKN
  • Price: 1 WLKN = 0.0165 USDT (The exchange rate between BIT and WLKN will be determined at the beginning of the subscription period.)
  • Total issuance: 2,000,000,000 WLKN
  • Total amount allocated to Bybit Launchpad: 20,000,000 WLKN (1% of total issuance)

WLKN is a token issued by Walken, a Solana-based earn-as-you-play game where players can compete online to win tokens, or exchange their moves for in-game currency.

Participants can invest in BIT to subscribe for token distribution, or invest in USDT to win project token distribution. Please note that both events cannot be attended at the same time.

Go to Bybit Official Website

Subscribe:

  • Staking tokens: BIT only
  • Maximum subscription per person: 20,000 WLKN
  • Total allocation: 14,000,000 WLKN

Join Bybit’s Walken (WLKN) promotion

Lottery:

  • Tokens invested: USDT only • Tokens allocated to each winning user: 750 WLKN
  • Total winners: 8,000
  • Total allocation: 6,000,000 WLKN
  • Each winning user will receive a WLKN distribution. If the participant fails to draw the reward, the USDT invested will be returned to the account at the end of the event.

Open Bybit’s Account

1. Asset snapshot period: June 16, 2022 12:00 am (UTC) to June 20, 2022 11:59 midnight (UTC)

Plan to subscribe for token distribution: During this period, your average daily balance of BIT cannot be less than 50 BIT, and the specific balance will determine the maximum amount of WLKN distribution that can be obtained.

Plan to participate in the lucky draw: During this period, your USDT daily average asset balance cannot be less than 100 USDT.

During this period, the balance of your spot account, wealth management account and derivatives account will be recorded through hourly snapshots. The balance in the wealth management account or BIT and USDT or BIT pledged in the Launchpool, and current wealth management will be included in the calculation at the time of snapshot. USDT or BIT pledged in other Bybit wealth management products such as dual currency investment will not be counted. The average daily balance snapshot for the day will be updated at 3:00AM (UTC) the following day.

2. Subscription period: June 21, 2022 3:30 am to 10:59 am (UTC)

Option to subscribe: Participants must click the “Invest Now” button during this period to invest a certain amount of BIT. The minimum amount required is 50 BIT. Participants can subscribe multiple times.

Select the lucky draw: Participants must click the “Enter Now” button during this period and invest 100 USDT to get the lucky draw ticket. Each participant is limited to one raffle ticket.

A certain number of winning tickets will be issued for each draw. Probability of winning = total number of winning tickets / total number of participants in the Launchpad project * 100%

Before the final distribution of the project tokens, the BIT or USDT you have invested will be locked, and no transfer, withdrawal or trading operations are allowed.

3. Distribution Period: June 21, 2022 11:00AM to 11:59AM (UTC)

Subscribing participants: The final amount of WLKN allocated = (the amount of BIT invested by individuals / the total amount of BIT invested by all participants) * the total amount of WLKN allocated to the project.

According to the final WLKN allocation result, the corresponding BIT equivalent amount will be deducted from the participant’s investment amount, and the allocated WLKN and remaining BIT will be deposited into the personal spot account.

Note that users can earn up to 20,000 WLKN. The portion over the limit will be distributed to participants who have not yet reached the limit.

Lucky draw participants: The winner will receive 750 WLKN, and the remaining USDT invested will be re-deposited into the personal spot account. If the prize is not won, the 100 USDT that has been invested will be re-deposited into the personal spot account.

4. Launch period

If the liquidity conditions are met, the spot trading pair WLKN/USDT will be launched for trading at 12:00 noon (UTC) on June 21, 2022.

The platform will launch WLKN’s stored value and withdrawal functions at 10:00 am (UTC) on June 19, 2022 and 10:00 am (UTC) on June 22, 2022, respectively.

Trading to earn coins: From 12:00 noon (UTC) on June 21st to 12:00 noon (UTC) on June 28th, users who buy more than 10,000 WLKN on Bybit will have the opportunity to get an additional 1,000 WLKN and NFT blind boxes provided by Walken.

Join Bybit’s Walken (WLKN) promotion

After completing the identity authentication L1 personal authentication or institutional authentication, you can participate in the activity. Users in restricted regions cannot participate in this event. Log in to your Bybit account and click here to complete the identity verification.

During the asset snapshot period, the BIT or USDT balance of personal spot accounts, derivatives accounts and wealth management accounts will be included in the calculation. Please note that only BIT or USDT pledged in Launchpool and current wealth management will be automatically included in the snapshot of the personal wealth management account. BIT or USDT pledged in other Bybit wealth management products such as dual currency investment will not be counted.

During the subscription period, if you want to invest the BIT or USDT held in the wealth management account or derivatives account, please manually transfer the BIT or USDT to the spot account. If you want to invest the BIT or USDT pledged in Launchpool and current wealth management, please go to the “Wealth Management Order” under “Orders and Transactions” to withdraw money, and manually transfer it to your personal spot account.

Go to Bybit Official Website