Upland (SPARKLET) to be listed on Bitget — Grab a share of 7,000,000 SPARKLET on Launchpool!
Bitget
2024-07-23 05:00
Bitget Launchpool will be listing Upland (SPARKLET).
Upland is an immersive layer 1 gaming platform that uses virtual properties of the real world to engage players, creators, entrepreneurs, developers, and brands like FIFA or the NFL PA. The platform leverages the principles of the open metaverse to create a digital economy where users participate in various game loops and activities, earn in-game currency, and socialize with others in a vibrant community. Third-party developers can connect their Web2 and Web3 applications to the platform, benefiting from Upland's infrastructure, user base, and economy. Upland runs on the EOS blockchain, providing a secure and scalable environment for its ecosystem. SPARKLET is Upland's native utility token. It is an ERC-20 token that can be bridged to and from EOS.
Staking pool details
This round of Launchpool features 3 staking pools.
Staking period: July 24, 13:00 – August 3, 13:00 (UTC)
Staking pool 1:
| BGB pool |
4,900,000 SPARKLET (70%) |
| Maximum BGB staking limit |
40,000 BGB |
| Minimum BGB staking limit |
50 BGB |
Staking pool 2:
| BGB pool (*new users only) |
1,400,000 SPARKLET (20%) |
| Maximum BGB staking limit |
1000 BGB |
| Minimum BGB staking limit |
50 BGB |
*Staking pool 2 eligibility: New users who sign up after July 23, 5:00 (UTC).
Staking pool 3:
| SPARKLET pool |
700,000 SPARKLET (10%) |
| Maximum SPARKLET staking limit |
8,000,000 SPARKLET |
| Minimum SPARKLET staking limit |
500 SPARKLET |
BGB pool: Rewards per user = user's staked BGB ÷ total staked BGB of all eligible participants × corresponding prize pool.
SPARKLET pool: Rewards per user = user's staked SPARKLET ÷ total staked SPARKLET of all eligible participants × corresponding prize pool.
Rules:
• Token rewards from Launchpool staking pools will be distributed hourly to participants based on their staking volume.
• Bitget will take a snapshot of each participant's staking volume every hour to determine their share and distribute rewards accordingly.
• Rewards are distributed hourly. When a user stakes at hour H, the staked volume is calculated at hour H+1, and the rewards are distributed at hour H+2. (For example, if a user stakes at 10:46 AM, the staked volume is confirmed at 11:00 AM, and the rewards are distributed to the user at 12:00 PM).
• The APR of each staking pool is calculated separately.
• Users can redeem their staked token from the staking pool at any time.
• Staked assets will be automatically returned to the user's spot account after the staking period ends.
Terms and conditions
1. Participants must complete identity verification to be eligible for the promotion.
2. All participants must strictly comply with Bitget's terms and conditions.
3. Sub-accounts, KYB institutional users, and market maker accounts are not eligible to participate.
4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.
5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.
6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to conduct their own research and invest at their own discretion.