bitsCrunch Network Mainnet Launch: Delegate and Earn Rewards!

The bitsCrunch Mainnet is officially live, following the successful $BCUT token listing. This marks a significant milestone for the network, and now YOU can be a part of it!

As a $BCUT token holder, you have the opportunity to delegate your tokens to operators. This action plays a crucial role in strengthening the network’s security while also allowing you to earn attractive rewards.

Here’s a deeper dive into the benefits of delegation:

• Enhanced Network Security: By delegating your tokens, you contribute to the decentralisation of the network. This distributed nature makes bitsCrunch more resistant to attacks and manipulation, enhancing its overall security.
• Earn Compounding Rewards: When you delegate, your rewards are automatically staked, meaning they grow over time through compounding.

📈 APY Boost Schedule:

March : Enjoy an incredible APY of 100%!

April : Still going strong with a generous APY of 50%!

May : Wrapping up with a solid APY of 25%!

Afterward : Transitioning back to our standard 15% to 20% APY

• Aligned Interests: When you delegate your tokens, your interests become aligned with the success of the bitsCrunch network. By actively participating, you contribute to the growth and stability of the ecosystem, ultimately benefiting yourself and other token holders.

Important Points to Remember:

• Delegation not only benefits you through rewards, but it also strengthens the entire network, making it more secure and efficient for everyone involved.
• $BCUT tokens reside on the Polygon POS chain. If you currently hold them on the Ethereum network, you need to bridge them to Polygon first.

You can find the official bridging guide here: https://docs.bitscrunch.com/docs/network/bridging

Special Reward Structure for Delegation:

To incentivize early participation and reward our community, bitsCrunch is launching a special campaign for delegates.

Here’s a breakdown of the program:

Timeline:

Campaign period: Now till 15-March-2024

Raffle: 20-March-2024

Reward Distribution: 22-March-2024

Criteria:

• Delegators must maintain a minimum delegation of 500 BCUT within the network.
• Delegators should not un-delegate during this period.

Special Rewards:

The rewards are divided into three tiers based on the amount delegated:

Tier 1 (20,000 BCUT or more delegated)

10 randomly selected delegators will each receive 3,000 BCUT.

Tier 2 (less than 20,000 BCUT and more than 5,000 BCUT delegated)

20 randomly selected delegators will each receive 1,000 BCUT.

Tier 3 (between 5,000 BCUT to 500 BCUT delegated)

40 randomly selected delegators will each receive 250 BCUT.

Ready to Delegate?

We’ve provided you with the necessary resources to get started with delegation:

• Delegation Guide: This comprehensive guide walks you through the entire delegation process step-by-step.

Access it here : https://docs.bitscrunch.com/docs/roles/delegating

• Tutorial Video: This video, created by one of our node operators, provides a visual demonstration on how to delegate your $BCUT tokens. While this is a helpful example, you can choose any operator that aligns with your research and preferences for delegation.

Watch it here : https://x.com/staking4all/status/1762038049163141193

We encourage everyone to participate in delegation and contribute to the future of the bitsCrunch network!