Introducing CBPAY and first-ever Staking Pool
CBPAY, a revolutionary new BCO within the XDB CHAIN ecosystem, is designed to provide users with seamless and efficient payment solutions. This innovation aims to enhance the flexibility and usability of XDB tokens both within and beyond the XDB CHAIN network.
Technical Information
- Issuer: GBDKKVEQLSB6JJ4TVYV5XDXSDKK2LGWLOYYY7IVQRFI5OQBKK7V2Z35C
- Distributor: GDTDBPNVGKJ2I2R5T43SCLXVKFGBUH25Y7NNGUOK32SL7LIKMO3BVCJ5
- Supply: 40,000,000,000 (1:1 with CBPAY)
Why LCBPAY?
LCBPAY is crucial for enabling Pool and Staking events within the CBPAY Token ecosystem. It acts as a bridge, facilitating participation in on-chain related programmes while maintaining liquidity, flexibility and the utmost level of transparency. With LCBPAY, users can effortlessly engage in CBPAY DeFi activities and XDB CHAIN-based services, maximizing their transactional efficiency and potential rewards into any present and future campaign.
CBPAY Supply Management
CBPAY has been launched to enhance the CBPAY ecosystem by providing a seamless and efficient payment solution. It serves as a unit of representation for any future payment campaign on the XDB CHAIN. Under no circumstances is CBPAY or LCBPAY intended to inflate the supply of XDB coins. Its sole objective is to facilitate on-chain transactions by users who have previously and willingly participated in dedicated programs following official disclosures from official channels.
CBPAY will follow strict supply management practices, ensuring its use aligns with the broader goals of the XDB CHAIN ecosystem.
Pool Events
Pool Events provide an exciting opportunity for users to engage in DeFi activities by staking tokens in official pools on XDB CHAIN, enhancing awareness and on-chain utility.
Benefits
Users can stake XDB or branded tokens like CBPAY or SBX to receive special benefits, including new utility tokens. These events increase token retention, boost liquidity, and enhance community engagement.
Categories
- Launch Pools: Stake tokens during new project launches for special rewards.
- Staking Pools: Lock tokens for a set period to earn returns, supporting ecosystem stability.
Stay updated with our ongoing and past Pool Events to maximize staking opportunities. Join now and be part of the thriving XDB CHAIN community!
CBPAY Staking Pool: 1st July — 31st August
Stake your CBPAY tokens and get a 60% APR! Send your CBPAY to the official pool wallet before 1st July at 10:00 UTC and receive LCBPAY in a 1:1 ratio.
- Event Period: 1st July — 31st August
- Rewards: Lock your CBPAY for 60 days. At the end of the staking period, return your LCBPAY to the pool wallet to get your CBPAY back plus an additional 0.1 CBPAY per token staked.
How to Participate in the Staking Pool
- Send Your CBPAY to the Official POOL WALLET:
- POOL WALLET Address: GB6O3NRTDUJM76NPARIPQYQEGQQ5HAJ2WDYYTIFNBNDQ2BHJEAGSTKCB
- Receive LCBPAY Tokens:
- Upon successful sending of your CBPAY to the official POOL WALLET, you will automatically receive LCBPAY tokens in a 1:1 ratio conversion. Ensure that the LCBPAY tokens are received in your XDB wallet or check your incoming claimable balances.
- Deposit Your Tokens:
- You will be able to deposit your tokens until 1st July 10 UTC. The Staking Pool Event will run until 31st August 2 PM CET. During this period, the pool will be locked and will not accept any incoming deposits.
- Return Your LCBPAY Tokens:
- After the event ends, send back your LCBPAY tokens to the Official POOL WALLET, and you will automatically receive your CBPAY tokens along with the CBPAY incentive.
For more information and detailed instructions on how to get started with CBPAY, please visit our official XDB CHAIN Pool page.
