Bitget PoolX Launches UP With 1,250,000 Tokens for ETH Lockup

According to the official announcement, Bitget PoolX will run a UP distribution campaign from May 20 to May 27 with ETH lockup, a 1,500 ETH individual cap, and yield boost coupons for eligible depositors.

ETH

Summary

Bitget officially announced that PoolX will launch UP with 1,250,000 UP available through an ETH lockup campaign. The lockup window runs from May 20 at 19:00 to May 27 at 19:00 UTC+8, and the individual participation cap is 1,500 ETH. The platform also said users with positive net ETH deposits may receive ETH yield boost coupons of 5% or 15%, adding an extra incentive alongside the token distribution.

Terms & Concepts
  • ETH lockup: A participation mechanism in which users lock Ether for a set period to qualify for token rewards or other campaign benefits.
  • Yield boost coupon: A platform incentive that increases the return rate for eligible users, in this case tied to qualifying ETH deposits.