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đ° Key Original Announcements & Developments
1. Megadrop Incentive of 168 Million BB
Binance published a Square post confirming that 168 million $BB tokens will be distributed via a Megadrop to incentivize community participation. ïżŒ
2. BounceBitâs Role in Enabling Bitcoin to Earn
Binance described how BounceBitâs restaking model enables Bitcoin to become more active â allowing BTC to participate beyond just being a store of value. ïżŒ
3. Fee Distribution Mechanism for BounceBit Trade
The BounceBit Foundation is reportedly exploring activating a fee distribution mechanism for its trading component (âBounceBit Tradeâ). ïżŒ
4. Roadmap & Ecosystem Expansion
âą A Binance Square post detailed BounceBitâs roadmap: targeting growth across staking, lending, restaking, and an interconnected financial ecosystem. ïżŒ
âą Another Square post outlined how BounceBit is expanding via integration of RWAs (Real-World Assets) and its âPrimeâ vertical to attract broader institutional use. ïżŒ
5. Binance Spot Listing (Historical) & Megadrop Launch
âą BounceBit was listed on Binance on May 13, 2024, with trading pairs like BB/BTC, BB/USDT, BB/BNB, BB/FDUSD, BB/TRY. ïżŒ
âą Its listing followed a Megadrop campaign launched by Binance. The Megadrop ran from April 26 to May 12, 2024. During that event, users could participate (e.g. by locking BNB and completing tasks) to earn rewards. ïżŒ
âą At the time of listing, the initial circulating supply was about 409,500,000 BB (â 19.5% of total supply) and the Megadrop allocation (168 million BB) was ~8% of total supply. ïżŒ
6. Binance Simple Earn Support
Binanceâs âSimple Earnâ product has offered BounceBit (BB) on locked products, allowing users to earn up to 19.9% APR (during promotional periods). ïżŒ
7. Campaigns via Binance Square / CreatorPad
Binance launched a BounceBit token reward campaign via CreatorPad, offering $150,000 in BB rewards for verified users completing certain tasks. ïżŒ
8. Educational & Research Content via Binance / Binance Academy
