Bittime - Good news for Litentry users! Staked LIT Airdrop is now officially launched. This is an opportunity to get rewards while participating in building the future of the Litentry ecosystem.
Staked LIT Airdrop
A total of 25,000 $LIT was allocated for this airdrop program, which was divided into 5,000 shares with each containing 5 $LIT. This initiative is the first time in the crypto world to use the concept of identity-based staking.
Generally, staking programs are based on the number of assets staked, so this also influences reward distribution. However, this model tends to ignore high-quality, active user contributions that have a significant impact on the project.
Through the Stake LIT Airdrop, Litentry wants to reward users who bring the most value to the project, including $LIT token holders, active users of the Identity Hub product, and those who make substantial contributions to the Litentry community.
In this way, Litentry hopes to perfect the identity-based staking process and offer it to more partners, so that it can benefit project owners and loyal users.
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Why Stake LIT Airdrop and Not Live Airdrop?
Litentry is committed to providing real value to users through identity. Instead of conducting a direct airdrop of $LIT, Litentry opted for staking. This approach aims to provide higher returns through identity-based activities.
The more actively you use IdentityHub, the greater the potential rewards you will get. By issuing staked $LIT, Litentry wants active users to be the first to experience this innovative process. By participating in the Stake LIT Airdrop, users are taking part in the development of the future of identity-based staking.
Easy Way to Participate in Stake LIT Airdrop
Participating in the Stake LIT Airdrop is very easy and simple.
- Join Season 2 of Identity Hub: If you haven't joined yet, register and become an active participant in Identity Hub Season 2.
- Reach 300 Points: Score a minimum of 300 points in Season 2 through your activities and contributions on IdentityHub.
- Claim Section: Claim immediately after you meet the requirements. Be the first 5,000 users to click the "Claim Now" button to receive 5 staked $LIT.
Also Read How to Buy Crypto:
Withdraw and Wallet
- Withdrawal of Staked LIT: You can withdraw staked $LIT 7 days after the new staking feature based on identity reward distribution is launched.
- Wallet Requirement: To withdraw staked $LIT, a Polkadot wallet (polkadot.js) is required to ensure security and easy access to rewards on the Litentry blockchain.
So, don't miss this opportunity to claim your staked share of $LIT and experience the future of identity-based staking.
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way through Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Bittime Airdrop? Crypto Investment Opportunity!
Bittime Staking: What Is It and How Does It Work?
Litentry Immediately Launches IdentityHub V0.8 for Identity Holders
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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