Dear users,
Websea is gearing up for the launch of its first Launchpad project - Bitsui (SSBT). We're initiating a dedicated WBS session, and the sale will operate on a contribution-based model. Your investment limit will be determined based on your average WBS holdings on the 6th day.
WBS Holdings Snapshot Period: March 5, 2024, 16:00, to March 11, 2024, 16:00 (GMT+8).
Details:
Token Name: Bitsui (SSBT)
Total Token Supply: 1,000,000,000 SSBT
Launchpad Allocation: 40,000,000 SSBT (4% of the total token supply)
Exchange Rate: 1 SSBT = $0.0005 USD (Actual WBS exchange rate will be disclosed before contribution).
Support Mode: Contribution
Accepted Contribution Currency: WBS
Minimum Contribution per Transaction: 10 WBS
Individual Hard Cap: 800,000 SSBT
Contribution Timeframes:
Holdings Calculation Phase:
From March 5, 2024, 16:00, to March 11, 2024, 16:00 (GMT+8), we will be recording users' average WBS holdings.
During the holdings calculation phase, the system will snapshot WBS spot account holdings (including spot available + spot order frozen + financial management frozen + futures available + futures order frozen) every hour.
Average holdings = Sum of WBS holdings at each snapshot / Total snapshot count.
*The total snapshot count during the holdings calculation phase is determined based on the start and end times. If a user's holdings extend beyond the start time, they will lose some snapshot counts.
The average WBS holdings determine the maximum amount one can contribute in WBS.
Contribution Phase:
Contribution opens after March 11, 2024, 17:00 (GMT+8). Please contribute within 24 hours, as contributions will not be accepted after the deadline. Note: Contributions can only be made from your spot WBS account, and once contributed, they cannot be withdrawn. Please proceed with caution. Once the contribution is complete, the WBS involved will be locked and unavailable for related services (transfers, withdrawals, trading, etc.) until token distribution is finalized.
Contribution Channel Closure:
The contribution channel will be closed on March 12, 2024, 17:00 (GMT+8).
Calculation Phase:
From March 12, 2024, 17:00 (GMT+8), to March 12, 2024, 18:00 (GMT+8), the token distribution results will be calculated.
Distribution Phase:
On March 12, 2024, 18:00 (GMT+8), the token distribution results will be announced. The corresponding WBS will be deducted from users' locked balances. Upon successful deduction, SSBT tokens and the remaining WBS will be distributed to users' spot wallets.
Reference information: Websea Launchpad Introduction
About Bitsu i(SSBT)
BitSui is an innovative two-way cross-chain bridge designed to enable cross-chain transfer of assets between the BRC20 and Sui networks, catering to users seeking seamless and secure inter-blockchain transactions. Total community members 15k (twitter + discord) within one month.BitSui project is valued at $500,000 USD overall.
Currency Name: SSBT
Full Name: Bitsui
Token Type: SUI
Circulating Supply: 512,500,000
Total Supply: 1,000,000,000
Official Website: https://bitsui.io/
Block Explorer: https://suiscan.xyz/mainnet/coin/0x5e8258d30907627cb825181dfd6d4d5b44f70bfaae74b0225e747440a7e5f86e::ssbt::SSBT/txs
Twitter：https://twitter.com/BitSui_Official
Discord：https://discord.com/invite/tTCZp77CKD
Risk Warning: Digital asset prices are highly volatile. The value of your investment may fluctuate or even lose the investment amount. You are solely responsible for your investment decisions, and Websea is not liable for any potential losses. Past performance does not guarantee future results. You should only invest in products you are familiar with and understand the associated risks. Please carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial advisor before making any investments. This document should not be considered as financial advice. For more details, please refer to the "Websea Risk Disclosure & Disclaimer."
Thank you for your support to Websea!
Websea Team
March 5, 2024
Comments
0 comments
Article is closed for comments.