Bitget to Introduce Plasma (XPL) on Launchpool with 2.2M Token Rewards
According to Bitget’s official announcement, the Launchpool event will unlock 2.2 million XPL tokens through BGB and XPL staking pools with strict user caps.
BGB
Fact Check
The statement is fully corroborated by multiple sources. The official Bitget Twitter account (Source 4 & 7) and a Barchart news article (Source 1) both explicitly state that Bitget's Launchpool will feature Plasma (XPL) with a reward pool of 2,200,000 (2.2M) XPL tokens. The other sources confirm the event without specifying the exact reward amount.
Summary
Bitget officially announced the launch of its Plasma (XPL) project on Launchpool, unlocking 2.2 million XPL tokens. The BGB staking pool offers 2,075,000 XPL with caps of 50,000 BGB for VIP users and 5,000 BGB for standard users. The XPL pool allocates 125,000 XPL with an individual staking cap of 1,250,000 XPL.
Terms & Concepts
- Launchpool: A platform feature that allows users to stake cryptocurrencies to earn rewards in newly launched tokens.
- BGB: The native token of Bitget, used for trading benefits, staking, and platform-related activities.
- Staking: The process of locking up cryptocurrency assets to earn rewards, often supporting network operations or promotional events.