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Cryptocurrency News Articles

Bitget Adds Layer3 (L3) to Its Launchpool After the Success of Premarket Listing

Jul 29, 2024 at 07:04 pm

Bitget Adds Layer3 (L3) to Its Launchpool After the Success of Premarket Listing

Seychelles, July 29, 2024 (GLOBE NEWSWIRE) -- Layer3, a platform enabling users to discover crypto learning with interactive quests, has been added to Bitget Launchpool following the success of its premarket listing. To enhance visibility and reward users for their contributions, those staking assets in the Launchpool promotion can share a portion of 6,163,000 L3 tokens. L3 tokens will begin trading and farming at 10 AM UTC on July 30, 2024. Users will have the opportunity to gain better rewards on their initial investments thanks to Bitget's launchpool exposure.

Participants can earn rewards based on their staked volume with various activities around BGB, USDT, and L3 tokens during the launchpool promotional period. Additionally, a Candybomb event will run from the trading date to August 6, offering more incentivized engagements to Bitget users.

Bitget Launchpool enables users to stake and earn tokens with user-friendly terms and conditions. By staking with BGB or other coins into the Launchpool, users have the chance to earn free airdrops, earnings, and access to a substantial prize pool.

Layer3 users can discover crypto learning with interactive quests, making learning fun, engaging, and rewarding. Layer3 aims to further scale its user base and integrate with more blockchain ecosystems. The platform currently supports 25 blockchains and plans to expand this number, bringing in more users and enhancing interoperability.

Layer3's listing on Launchpool provides it with better exposure from Bitget's vast community. The platform is accessible with just 1 USDT worth of any token supported in a pool, making it an attractive option for users with diverse investment capacities. Rewards in Launchpool are calculated based on the estimated annual percentage yield (APY) from staked assets. This mechanism provides a straightforward and transparent reward system, offering flexibility for users to stake or un-stake tokens at any time. Making trending projects such as Layer3 more accessible to everyone.

This year, the highest ROI for a single pool on Bitget Launchpool reached an astonishing 6.59%, with the highest annualized return at 329%, and an overall average annualized return of 146%. Launchpool's advantage lies in its higher frequency of new projects—nine projects launched in just five months, averaging two per month. Bitget's launchpool has listed projects such as Merlin Chain (MERL), Ethena (ENA), Zetachain (ZETA), and most recently, the exclusive listing of Upland's Sparklet token. With a focus on providing users with opportunities to invest in popular and valuable projects, Bitget is now one of the top 10 crypto spot trading platforms with over 900 coins and 1000+ pairs.

For information on participating in Layer3 Launchpool on Bitget, please visit here.

About BitgetEstablished in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team).

Original source:globenewswire

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