Welcome to LBank’s newly launched Airdrop+, offering two participation methods—Smart Pool and Futures Holdings—allowing you to earn generous token rewards through maintaining futures positions. This guide provides a detailed overview of participation methods, reward calculation rules, and key notes to help you get started quickly.

Visit 「LBank Airdrop+」right away!

What is Airdrop+?

Airdrop+ is an innovative investment activity on LBank where users can earn token rewards via Smart Pool or Futures Holdings. Smart Pool is ideal for users who prefer to invest in spot assets, while Futures Holdings offers flexibility for those who enjoy futures trading, with no need to lock assets.

Smart Pool

After registering, the system takes periodic snapshots of spot account assets (must meet the minimum threshold), and rewards are calculated based on the average asset value.

Futures Holdings

After registering, the system snapshots the net position value in futures trading (excluding enhanced bonus portions), and rewards are calculated based on the average value.

How to Participate in Airdrop+?

  1. Log In/Register an LBank Account

    • Visit LBank official website, log in, or register an account. Navigate to 「Trade」 > 「Spot X」 and select 「Airdrop+」.

    • View activity details under statuses by「All」,「Warming Up」,「Ongoing」,「Pending Distribution」, or「Ended」, including reward distribution plans and daily reward amounts.

  1. Register for Participation

    • Access「LBank Airdrop+」and select either a「Smart Pool」or「Futures Holdings」 project.

    • Tap to join your targeted project. A confirmation prompt appears upon successful registration.

    • After registration, the system automatically tracks your assets or net futures positions.

  2. Hold Assets or Positions

Smart Pool

Hold eligible assets in your spot account. The system takes multiple random snapshots hourly, using the average as the effective record.

Futures Holdings

Maintain positions in LBank’s futures trading market. The system takes multiple random snapshots hourly, using the average as the effective record.

  1. View Rewards

Smart Pool

  • Go to「My Airdrop+」to view the details of target「Token Symbol」,「Claimed Quantity」,「Current Status」,「Reward Distribution Progress」, and「Reward Distribution Time」.

  • Filter projects by status (All/Ongoing/Pending Distribution/Ended) or Reward Token.

Futures Holdings

  • Check details of「Reward Token」,「Current Status」,「Net Position」,「Cumulative Rewards」,「Reward Distribution Plan」, and「Reward Distribution Progress」under「Futures Holdings」.

  • Filter projects by status (All/Ongoing/Pending Distribution/Ended) or Reward Token.

📌Note: Net position and reward data are updated hourly. Final rewards can be viewed after the activity ends.

Reward Calculation and Distribution

Effective Data Calculation

  1. Smart Pool: Snapshots capture spot account asset value. Assets meeting the project’s minimum threshold are counted as effective record, calculated based on the average.

  2. Futures Holdings:

Bonus Pro Position

Position Value = Margin Used × Leverage Multiplier

Regular Margin or Bonus Positions

Position Value = Mark Price × |Position Quantity|

Effective Net Position

  • If below the minimum position (e.g., 1000 USD), the net position is recorded as 0.

  • If above the maximum position (e.g., 10,000 USD), the net position is capped at the maximum.

  • Individual Net Position = Sum of Enhanced Bonus Position Value + Sum of Regular Margin/Bonus Position Value.

Reward Calculation

Hourly Total Reward

= Total Reward Pool ÷ Total Hours in Reward Pool

Individual Hourly Reward

= Hourly Total Reward × (Previous Hour’s Individual Effective Data ÷ Previous Hour’s Total Effective Data of All Users)

Individual Total Reward

= Sum of hourly rewards (capped at the individual reward limit).

Reward Distribution

  1. Hourly Distribution: Rewards are credited to the spot account in the next hour (T+1) without in-site notification.

  2. One-Time Distribution After Activity Ends:

    • Final reward calculation is performed after the activity concludes.

    • Rewards are distributed to the designated account, with in-site notification sent within 30 minutes.

Estimated APR

  1. Calculation Formula:

Estimated APR = Hourly Reward Amount ÷ (Total Margin Used in Enhanced Mode + Total Margin Used in Regular Mode) × 365 × 24 × 100%

  1. Update Frequency: Updated hourly. Displays “–” before the activity starts or in the first hour, and shows the final APR after the activity ends.

Important Note

  1. Snapshot Rules:

    • The system triggers multiple random snapshots hourly, precise to the second, to ensure fairness.

    • Smart Pool snapshots capture spot assets; Futures Holdings snapshots record parameters like margin used and leverage multiplier based on position type.

  2. Reward Distribution:

    • Hourly distributions are automatic, while one-time distributions after the activity require waiting for the specified time.

  3. Position Limits:

    • Positions outside the project’s preset minimum/maximum range are adjusted per the rules.

    • Assets/positions can be adjusted anytime during the activity, with snapshots determining effective data.

  4. Common Issues:

    • The net position is displayed as “–”? This may indicate no participation or that the current position does not meet the minimum holding requirement.

    • Rewards not received? Check in-site messages or contact customer service (service@lbank.com).

  5. Official Channels Only:

    • Be cautious and verify official activities. Only trust information from LBank’s official channels to avoid falling for 「Fake Giveaway/GIft Scams」. Stay vigilant.

Get Started Now

With LBank Airdrop+, you can flexibly participate in Smart Pool or Futures Holdings to earn token rewards! Log in now to explore more investment opportunities!