BounceBit Mainnet Launch Scheduled for May 13, $BB Airdrop to Follow

BounceBit
Mainnet
Launch
Set
for
May
13

BounceBit,
a
notable
player
in
the
cryptocurrency
sector,
has
officially
announced
the
launch
schedule
for
its
highly
anticipated
Mainnet.
This
move
is
set
to
revolutionize
the
way
users
interact
with
their
platform
by
enhancing
security,
asset
safety,
and
user
profitability.
The
Mainnet
is
scheduled
to
go
public
on
May
13,
2024,
following
a
carefully
planned
phased
rollout.

Premium
Yield
Generation
Paused

Starting
May
6,
the
Premium
Yield
Generation
feature
will
be
paused
until
the
Mainnet
launch.
During
this
period,
users
will
not
be
able
to
stake
new
assets;
however,
existing
staked
assets
will
continue
to
generate
yields
under
the
previously
chosen
strategy.
This
is
a
strategic
pause,
designed
to
ensure
a
smooth
transition
and
integration
into
the
new
Mainnet
environment.

Node
Operators
and
LCT
Distribution

From
May
6
to
May
12,
BounceBit
will
onboard
an
initial
set
of
professional
node
operators
to
the
BounceBit
Chain.
Post-launch,
users
will
have
the
opportunity
to
delegate
their
BBTC/BB
tokens
to
these
validators
and
receive
LSTs
in
return.
Additionally,
LCT
distribution
for
Early
Access
users
is
set
to
complete
by
May
13
across
BounceBit
Chain,
BNB
Smart
Chain,
and
Ethereum
platforms.

$BB
Airdrop
and
Binance
Megadrop

On
the
day
of
the
Mainnet
launch,
an
automatic
airdrop
of
$BB
points
will
be
distributed
to
every
eligible
wallet,
eliminating
the
need
for
users
to
claim
or
interact
with
any
webpage.
Concurrently,
the
$BB
Megadrop
event
on
Binance
will
conclude,
with
rewards
distributed
before
the
trading
commences.
Users
are
advised
to
be
vigilant
and
steer
clear
of
scams
related
to
the
airdrop.

Asset
Withdrawal
and
Reinvestment
Opportunities

Following
the
Mainnet
launch,
Premium
Yield
Generation
will
reopen
for
new
stakers.
Users
can
also
initiate
withdrawals
of
their
staked
assets.
Any
MUBI,
AUCTION,
and
DAII
tokens
deposited
during
the
Water
Margin
event
will
be
returned
to
users’
wallets
on
Ethereum,
with
BounceBit
covering
the
associated
gas
fees.
On
May
20,
users
who
did
not
participate
in
Premium
Yield
will
have
the
opportunity
to
withdraw
their
assets,
with
LCTs
redeemable
for
their
respective
assets
on
the
relevant
chains.

This
structured
rollout
plan
not
only
emphasizes
the
security
and
efficiency
of
the
BounceBit
Mainnet
but
also
ensures
that
the
transition
is
as
profitable
and
seamless
as
possible
for
its
users.

Image
source:
Shutterstock

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