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Bitget CandyBomb: You Don’t Know That You Need A Crypto Airdrop Platform & DEG Airdrop

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2023-04-27
Bitget CandyBomb: You Don’t Know That You Need A Crypto Airdrop Platform & DEG Airdrop

As the market is buzzing with new opportunities, launchpads and airdrops once again become the most sought after kind-of-events. Bitget Launchpad is gaining traction, and its peer Bitget CandyBomb is expected to take our users ‘to the moon’ with its awesomeness.

The Only Platform For Your Airdrop Needs

You read it right. It may sound a bit pompous but Bitget CandyBomb is the first-ever centralised task-and-airdrop platform dedicated to crypto gem hunters. Well then, how is it different from Bitget Launchpad?

With Bitget Launchpad, users will need to lock their BGB for a chance to buy new tokens at a bargain price, whereas Bitget CandyBomb simply asks participants to complete some given tasks and bam - new tokens are distributed to their wallets for FREE!

There are hundreds of new airdrops out there everyday, if not thousands. The hype is real but not all projects are Blur. Talking about the event, Bitget is proud to be the first to list BLUR - in our Bitget Innovation Zone - together with an exclusive ‘Deposit BLUR to win BLUR and BGB’ campaign! At BLUR’s all-time high of US$5.02, our beloved users had benefited a great deal from our research efforts. Determined to introduce only projects of highest quality, the Bitget CandyBomb team screens through all available airdrops on a daily basis and reaches out to development teams for privileged deals. That way we can offer Bitget users special access to carefully vetted projects for maximum gain as well as solid project support.

Even more invaluable is the completeness of Bitget-Verse. Bitget almost always provides a corresponding market for IEO tokens on Bitget Launchpad to make sure that our users can begin trading these immediately on the most reliable platform. Likewise, we plan to list airdrop tokens from Bitget CandyBomb in the Bitget Innovation Zone ensuingly. You can very well expect Bitget Launchpool or Bitget Savings opportunities in the future also! It is truly limitless how you can grow your portfolio (at zero costs) with Bitget CandyBomb.

Bitget CandyBomb Round 1: Degis (DEG) Airdrop

After careful consideration, we are delighted to announce the first round of airdrop on Bitget CandyBomb: the Avalanche native Degis (DEG).

Why Degis (DEG)?

Degis is the first protection-focus project built on Avalanche C-Chain a.k.a. the smart contract chain of Avalanche. That being said, Degis designs the first comprehensive risk management tool for liquidity providers and insureds of both DeFi and NFT markets, and chooses to set up their foundation on one of the biggest Layer 1s.

Degis’ novel approach to the insurance market earned them recognition by Avalanche themselves, with the Blizzard Fund and Avalanche Asia Star Fund (AVATAR) co-leading their US$3 million angel and seed round in March 2022. On a side note, Degis is incubated by the Crypto-FinTech Lab of the Hong Kong University of Science and Technology (HKUST); we thereby have the chance to show our appreciation for Hong Kong’s recent welcome stance on crypto by kickstarting Bitget CandyBomb with the DEG airdrop.

The total supply of the Degis (DEG) token is 100,000,000, with 60% allocated for the IDO, 20% to the team, 10% to early supporters and investors and 10% for ecosystem developments and community incentives.

How to receive DEG airdrop on Bitget CandyBomb?

First of all, users will need to go to Bitget CandyBomb and click on the Registration button. This is a must for all participants of the DEG airdrop; your activities are counted only after successful registration.

Bitget CandyBomb: You Don’t Know That You Need A Crypto Airdrop Platform & DEG Airdrop image 0

There are a total of 1,320,000 DEG up for grab as follows: • 600,000 DEG for the Spot Trading Pool:

In this pool, free DEG tokens will be distributed to lucky winners who trade on Bitget Spot Trading, Bitget Spot Copy Trading, Bitget Spot Strategy Trading and Bitget Spot Margin Trading during the event period. The maximum winning ticket number is 50,000 out of 100,000 tickets, therefore a win rate of 50% is guaranteed.

Each winning ticket is equivalent to 12 DEG tokens (600,000 DEG / 50,000 winning tickets), and the more you trade, the more tickets you can receive for the lottery! Below is the spot volume requirements for Spot Trading Pool participants:

Level

Spot volume requirements (in USDT)

Number of tickets to be received

1

1,000 ≤ Volume < 2,000

1

2

2,000 ≤ Volume < 5,000

2

3

Volume ≥ 5,000

3

Please note that each user can receive a maximum of 3 tickets, so even if all of his/her tickets win, they do not dominate the Spot Trading Pool.

• 600,000 DEG for the Referral Pool:

Successful referrals are the only requirement for this pool! Successful referrals mean the ones who are invited have made a trade of at least 100 USDT on Bitget Spot Trading, Bitget Spot Copy Trading, Bitget Spot Strategy Trading and Bitget Spot Margin Trading by the end of the event.

Same as in the Spot Trading Pool, there are 50,000 winning tickets, each to receive 12 DEG tokens and restrictions on the number of tickets one can receive for the lottery:

Level

Number of successful referrals

Number of tickets to be received

1

1-2

1

2

3-5

2

3

More than 5

3

• 120,000 DEG for the Sunshine Pool:

Now, don’t feel disheartened even if the odds of the Spot Trading Pool and the Referral Pool are not in your favour. If you receive the tickets but none of them are winning, you’ll automatically qualify for a share of the Sunshine Pool.

The number of DEG tokens to be distributed to non-winning ticket holders are given by:

Bitget CandyBomb: You Don’t Know That You Need A Crypto Airdrop Platform & DEG Airdrop image 1

Because there shall be 50,000 non-winning tickets from the Spot Trading Pool and 50,000 non-winning tickets from the Referral Pool, the DEG individual allocation in the Sunshine Pool is equivalent to:

Bitget CandyBomb: You Don’t Know That You Need A Crypto Airdrop Platform & DEG Airdrop image 2

Please note that:

(1) We will round the number down, for example: Bill has 4 tickets and hence is entitled to get 4 / 100,000 * 120,000 = 4.8 = 4 DEG.

(2) The cap on individual allocation in the Sunshine Pool is 12 DEG, equivalent to the maximum number of DEG tokens to be received by lucky winners in other pools.

(3) Results of the Sunshine Pool will be announced immediately after the lottery result announcement for the Spot Trading Pool and the Referral Pool. All rewards for the Sunshine Pool will be distributed in one batch on the same day.

The biggest question: Airdrop timeline

Please mark your calendar to not miss any important dates:

• Registration period: May 04, 7:00 AM (UTC) - May 10, 7:00 AM (UTC)

• Spot Trading and Referral period: May 04, 7:00 AM (UTC) - May 10, 7:00 AM (UTC)

• Lottery result announcement (for the Spot Trading Pool and the Referral Pool): May 10, 10:00 AM (UTC)

• Airdrop distribution:

To avoid token dumping and price manipulation, DEG distribution will be kept to the following vesting schedule:

Batches of distribution

Date and Time

Amount of DEG to be unlocked

1

May 10, 10:00 AM (UTC)

50% of Spot Trading Pool +

50% of Referral Pool

2

May 17, 10:00 AM (UTC)

10% of Spot Trading Pool +

10% of Referral Pool

3

May 24, 10:00 AM (UTC)

10% of Spot Trading Pool +

10% of Referral Pool

4

May 31, 10:00 AM (UTC)

10% of Spot Trading Pool +

10% of Referral Pool

5

June 07, 10:00 AM (UTC)

10% of Spot Trading Pool +

10% of Referral Pool

6

June 14, 10:00 AM (UTC)

10% of Spot Trading Pool +

10% of Referral Pool

Rewards for the Sunshine Pool will be distributed 100% on May 10, 10:00 AM (UTC).

• Initial listing: Bitget is proud to be the first top exchange to list the DEGUSDT pair in the Bitget Innovation Zone on May 11, 11:00 AM (UTC) and in the Bitget Spot Copy Trading, Bitget Spot Grid Trading and Bitget Spot Margin Trading on May 11, 02:00 PM (UTC).

• DEG deposit: April 26, 7:00 AM (UTC)

• DEG withdrawal: May 12, 11:00 AM (UTC)

Terms Conditions

(1) Bitget reserves the right to cancel or suspend any user account from participation and to refuse all rewards from any participating user at its sole discretion if the user is found to have engaged in fraudulent or illegal behaviour, or illegal activities, or violated any applicable user agreements, rules, policies, or any event rules or regulations, terms and conditions, or announcements (revised and repeated), or if the user abuses the event or disrupts or undermines the lawful operation of the event.

(2) Bitget reserves the right of final decision for the Terms Conditions of this event, including changes, amendments to event rules, or the cancellation of the event without prior notice.

Simply create an account, and start exploring the incredible Bitget-Verse today!



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