Product Updates

First BGBTC airdrop settlement

2025-01-16 16:0028151

Thank you for your continued support! Bitget Earn is excited to kick off the first BGBTC settlement and airdrop celebration. Users who successfully subscribed to BGBTC during the pre-launch and Season 1 phases and accumulated BGPoints will receive SOLV airdrops!

We are also launching an exclusive VIP promotion that allows you to earn SOLV token airdrops with an additional 3% APR. This is your best chance to boost your wealth. Don't miss out!

Stake Now

Promotion period:

Promotion period: January 17, 2025, 3:00 PM – February 6, 2025, 3:00 PM (UTC+8)

Promotion details:

Activity 1: First BGBTC airdrop settlement

Rules

The promotion consists of the pre-launch airdrop and the Season 1 airdrop.
Pre-launch airdrops apply to users who subscribe to BGBTC and did not settle their BGPoints between December 9, 2024, 3:00 PM and January 17, 2025, 3:00 PM (UTC+8). Relevant BGPoints accumulated during Season 1 will be settled simultaneously. Users who have partially or fully redeemed their BGBTC but still hold BGPoints are still eligible for the airdrop. Users who settled their BGPoints in advance are not eligible.
Season 1 airdrops apply to users who subscribe to BGBTC and did not settle their BGPoints between January 9, 2025, 3:00 PM and January 17, 2025, 3:00 PM (UTC+8).

Airdrop distribution time:

Airdrops will be distributed on January 17, 2025, and users can check the number of SOLV tokens in their spot accounts.

BGPoints calculation: You will receive 1000 BGPoints per day for each BGBTC you hold, as per each partner involved. The total BGPoints earned daily is the sum of BGPoints accumulated from all your BGBTC holdings across all partners. For example, if Emily holds 1 BGBTC and there are 4 partners in the current product, she will earn 4000 BGPoints per day.

Activity 2: VIP exclusive airdrops

Rules

VIP users who subscribe to BGBTC during the promotion will receive an additional 3% APR in SOLV token airdrops. Users must hold at least 0.01 BTC to participate, with a cap of 1 BTC per individual and a total cap of 200 BTC for all participants. Don't miss out!

Promotion period:

Start time: January 17, 2025, 3:00 PM (UTC+8)
End time: February 6, 2025, 3:00 PM (UTC+8)
Duration: 20 days

Eligibility and conditions:

Holding duration: The staked BGBTC cannot be redeemed during the promotion period. Any early redemption will disqualify the user.
Holding amount: Users must maintain at least 0.01 BTC staked each natural day until the promotion ends to qualify for the airdrops.
Early redemption: Users who redeem their early, causing their BGBTC holdings to fall below the required amount, will lose eligibility.
Holding rule: Bitget will take random snapshots of the total BGBTC holdings in users' Earn accounts. VIP holdings before the promotion starts and beyond the individual cap will not count for this promotion.

Airdrop distribution and notes

Airdrop distribution: Bitget will distribute SOLV tokens to spot accounts of eligible VIP users within five working days after the promotion ends.
Profit calculation: The profit based on the additional 3% APR will be calculated according to the average of SOLV and BTC prices in three random snapshots taken on the last day of the promotion (February 6, 2025).

Promotion rules and notes

1. Fairness: Bitget reserves the right to disqualify users involved in any fraudulent behaviors to ensure the fairness of the promotion.

2. Disqualification: Bitget reserves the right to disqualify users who employ inappropriate methods to participate. Bitget also retains the right of final interpretation in exceptional circumstances.

How to subscribe to BGBTC

1. Head to the Staking page

Subscribe to BGBTC here.

2. Confirm the staking amount

Enter the amount of BTC you'd like to stake.

3. Confirm the transaction

Verify your staking amount and other details, then click Confirm. Your BTC will be locked, and you'll receive the corresponding amount of BGBTC.

4. View holdings

Track your BGBTC holdings and real-time profits on the Assets page.

Thank you for your continued trust and support! We are committed to providing high-quality products and services. We hope that BGBTC brings greater profits and new possibilities to your investment journey.

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