Press Enter to search · ESC to close

Crypto

Bitget PoolX Opens BTC Lockup for 1,111,111 CT Airdrop

Bitget’s PoolX will list Concrete (CT), letting users lock BTC to share a 1,111,111 CT airdrop, with a personal cap of 50 BTC. The lockup window runs from 22:00 on Oct. 4 to 22:00 on Oct. 12 (UTC+8). The round supports a long-term holding bonus based on each user’s minimum balance of the locked asset over the past 15 days.

Original source

AI take

The notable design here is the minimum-balance bonus, which rewards pre-existing BTC holdings rather than fresh deposits — a structure that favors committed holders and discourages last-minute capital rotation. For CT, an airdrop routed through BTC lockups is a distribution play that borrows Bitcoin's credibility to seed a new token's holder base, a pattern increasingly common on exchange launchpools. The open question is whether the bonus mechanic meaningfully changes lockup behavior, or whether participants simply park BTC for the window and exit once CT is distributed.

Generated by AI for reference only.

Share

Related News

TREE NEWS share card
Long-press image above → Save to Photos / Share
Pitch us Feedback