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The public chain project Metabit Network announced that it will carry out a BMTC staking airdrop campaign

The public chain project Metabit Network announced that it will carry out a BMTC staking airdrop campaign

2024/03/02 03:02

On March 2nd, the public chain project Metabit Network announced that in 2024, it will carry out Restaking as Rollup technology iteration. The newly added staked BMTC by users will all be restaked to the AVS integrated verification service of a specially designated node to achieve faster data validation and data availability for intermediate layer services (such as oracles, cross-chain bridges, virtual machines). Users who participate in this staking contribution and meet the staking requirements will receive joint airdrop rewards from the foundation and partner institutions. This activity is jointly organized by Metabit Foundation with important ecological partners and institutional investors DG Capital and BM FUND.

1. Activity start date: 3 days after the official announcement day of the activity with snapshot.
2. Activity reward categories include:
   - 1) During the activity period, addresses that meet staking requirements will share 5% of the total increase in BMTC stake as an airdrop for all users on the network (for individual stake increments at each address), distribution method will be determined based on individual address weight;
   - 2) New light node addresses share airdrop of 20,000 BMTC;
   - 3) Light nodes share net increment of 10%;
   - 4) Directly invited upline receives 10% of invitee's staked amount.
   
3. Staking valid requirements include:
   - Regular users (delegators): Wallet address participating in activities must have stake quantity greater than or equal to 300 BMTC;
   - Light node users: Participating valid addresses must have stake quantity greater than or equal to1500 BMTC;
   - Existing stakers/light nodes: Stake not removed within last30 days.

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