Bitget is about to launch the Launchpad project Bitget Wallet (BWB). This subscription will be based on the investment model, and users will invest in BGB or USDT to participate in the subscription.
The maximum amount that users can invest depends on the average BGB or USDT holdings during the holding statistics period. The holding snapshot period is from 11:00 on June 1 to 11:00 on June 4 (UTC+8). The upper limit for individual exchange in the BGB pool is 50,000 BWB, and the upper limit for individual exchange in the USDT pool is 25,000 BWB. The expected exchange rate is 1 BWB = 0.15 USD (the actual exchange price of BGB will be announced after the holding statistics period ends).
BWB is the official ecological token of Bitget Wallet and the system token of Bitget Onchain Layer. It plays multiple roles in the ecosystem, including community governance, staking, Bitget Wallet Launchpad and various airdrop activities, as well as the qualification to participate in Bitget platform activities, as well as the Bitget Onchain Layer ecological project airdrop qualification, and the payment of multi-chain gas fees after the launch of AA wallet.
As a one-stop Web3 wallet, Bitget Wallet has more than 20 million users worldwide. In April 2024, the number of Swap transaction orders and transaction amounts of Bitget Wallet surpassed MetaMask, setting a record high. For Bitget, Bitget Wallet is not just a Web3 wallet layout, but an on-chain extension and decentralized future of Bitget's entire ecosystem, and an important part of building Bitget Onchain Layer in the future.