SWELL Launchpool on Bybit: Stake USDT, MNT or SWELL

Bybit Launchpool is excited to introduce SWELL, the utility token of the SWELL Network!

Event Period: Nov 7, 2024, 10 AM UTC – Nov 14, 2024, 10 AM UTC

For a limited time, stake SWELL, USDT, or MNT and claim your share of 90,000,000 SWELL tokens for free!

Step-by-Step Guide:

1. If you don’t have a Bybit account. You can register here
2. Go to website
3. Stake your assets (USDT or MNT)
4. Also you can open your Bybit app -> Find “Launchpool” -> Stake your assets

How SWELL Launchpool Works :

Stake your tokens on Bybit Launchpool to earn SWELL rewards. Here’s what each pool offers:

1. SWELL Pool
   • Total Rewards: 18,000,000 SWELL
   • Minimum Stake: 2,000 SWELL
   • Maximum Stake: 200,000 SWELL
2. MNT Pool
   • Total Rewards: 27,000,000 SWELL
   • Minimum Stake: 100 MNT
   • Maximum Stake: 5,000 MNT
3. USDT Pool
   • Total Rewards: 45,000,000 SWELL
   • Minimum Stake: 100 USDT
   • Maximum Stake: 2,000 USDT

SWELL Launchpool Yield Calculation

Every hour, a snapshot of each participant’s staked amount is taken at a random minute. Your average daily staked amount is based on these hourly snapshots, with the exact minute for each snapshot revealed daily after midnight UTC.

Daily Yield Calculation:

Your Daily Yield = [(Your Amount of USDT or MNT) / (Total USDT or MNT Staked by All Participants)] × (Daily SWELL Prize Pool)