Introducing Binance Megadrop: New Token Launch Platform with Bitcoin Restaking Chain BounceBit as First Project
Binance, the world’s largest crypto exchange platform, is set to launch a new “megadrop” token platform with Bitcoin “restaking” chain BounceBit as its first project. This new platform, called Binance Megadrop, will integrate Binance Simple Earn and Binance’s Web3 Wallet to give investors access to assets that are not yet listed on the exchange.
The Megadrop platform will also feature the native asset of BounceBit and Web3 quests that allow users to earn rewards. BounceBit is a project that combines centralized and decentralized finance, allowing BTC holders to earn yield from various sources without altering the Bitcoin blockchain.
The native asset of BounceBit can be staked, used for governance, pay for gas fees, and more. The token will have a max supply of 2.1 billion, with only 8% allocated for the Megadrop. This new platform is set to provide early access to rewards from selected Web3 projects before they are listed on Binance Exchange.
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