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BingX Launchpool is about to list Legend of Arcadia (ARCA). Legend of Arcadia is a card-based RPG built within a vast story universe, inspired by Kingdom Hearts. LOA is powered by blockchain and leverages the latest technology to cater for today's players. Players can enjoy the game for free on mobile devices, engaging in immersive PvP modes and trading highly customizable NFTs for real-time social interaction with players worldwide.
ARCA Launchpool Schedule:
Staking Time: 2024-11-01 07:00 to 2024-11-04 07:00 (UTC)
Listing Time: 2024-11-04 11:00 (UTC)
ARCA Launchpool Details:
Participation Mode: Individual Staking Limit
Type of Prize Pool | Individual Staking Limit | Prize Pool Allocation |
USDT Prize Pool | 20,000 USDT | 360,000 ARCA |
BTC Prize Pool | 0.3 BTC | 160,000 ARCA |
USDT Prize Pool (New User Exclusive) | 2,000 USDT | 280,000 ARCA |
- New User Exclusive applies to users who created a BingX account after 2024-10-25 at 16:00 (UTC). These users are eligible to participate in an additional USDT prize pool for new users.
- Ensure your app is updated to version 4.27.0 or above for the best experience. If you're participating via our website, this won't be an issue.
Token Ticker: ARCA
Project Type: GameFi
Contract Address: https://etherscan.io/token/0x1c00c3e03c3a10a0c1d9b6d1a42e797d7cb4147a
Website: https://legendofarcadia.io/
X: https://x.com/LegendofArcadia
Event Rules:
There are four core stages in BingX Launchpool: token staking, reward calculation, reward issuance and Spot listing.
I. Token Staking
- Log in to your BingX account and ensure you've completed advanced KYC verification. Users in restricted regions won’t be able to join Launchpool.
- During the staking stage, stake the corresponding token between 2024-11-01 at 07:00 and 2024-11-04 at 07:00 (UTC) to join the Launchpool.
- Your staked tokens can be retrieved from the Launchpool project at any time.
II. Reward Calculation
- ARCA Launchpool will follow the Individual Staking Limit mode. Each prize pool comes with staking limits. Be sure to check the project announcements and the Launchpool page for details before participating.
- Three snapshots of each participating user's staked tokens will be taken every hour to determine the amount staked during that hour and allocate rewards accordingly. Here's the calculation formula:
- Hourly Reward = (User's average hourly staked token amount ÷ platform's average hourly staked token amount) x (daily reward limit ÷ 24)
- Hourly Reward = (User's average hourly staked token amount ÷ platform's average hourly staked token amount) x (daily reward limit ÷ 24)
III. Reward Issuance
- Launchpool rewards are issued to participating users hourly. The system calculates the hourly rewards for users based on their "daily reward limit", ensuring all participants receive their fair share of rewards.
- If User A stakes at time T, the system will issue the reward at T+1. (For instance: User A stakes at 10:00, and the system has taken three snapshots of the User A's staked amount during that hour. User A will receive the staking rewards at 11:00.)
IV. Spot Listing
- ARCA/USDT will be listed on Spot Trading on 2024-11-04 at 11:00 (UTC).
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After the ARCA Launchpool, your staked tokens will be automatically returned to your Fund Account.
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There may be some delay in the returning the staked funds due to the increased number of participants. We appreciate your patience.
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See Also:
BingX Launchpool Introduction & User FAQ (Individual Staking Limit Mode)
Terms & Conditions:
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Participants are required to complete advanced KYC verification to eligible for the event.
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All non-individual accounts, such as market makers and brokers, cannot participate in the Launchpool.
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Any users involved in illegal or malicious activities, such as fraud, participating with multiple accounts, reward farming, will be disqualified and have their rewards revoked.
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BingX reserves the right to the final interpretations of this event, including any modifications, updates to terms, or cancellations.
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BingX will assist users in handling issues related to Launchpool. For any questions, please reach out to our online support for assistance.
- The project information, launch plan, and more are provided by the project team. BingX will notify any changes made during the event in a separate announcement.
Risk Warning:
Cryptocurrencies are highly volatile and subject to various risks, including market, project, technical and compliance-related uncertainties. Therefore, you may experience potential investment losses due to high volatility and various risks associated. Exercise caution, stay informed on the potential risks and invest prudently.