Free Crypto, ultra-low barriers! Share a prize pool of 133,333 CC by holding eligible assets or futures positions during the snapshot period.
Registration Period: April 22, 10:00 – April 29, 10:00 (UTC)
Project Introduction
The Canton Network is a layer 1 smart contract blockchain with configurable privacy and controls solving for public network adoption of RWAs and TradFi institutions. The network uses a two-tier consensus mechanism allowing for unlimited horizontal scalability of the network while maintaining full smart contract interoperability across it. The Global Synchronizer acts as a network backbone for the ecosystem.
Website: https://www.canton.network/
Token Information
Token Name: CC
Total Supply: 37.71B
BoostHub Supply: 133,333 CC
Individual Cap (Smart Pool): 40 CC
Individual Cap (Futures Mining Pool): 160 CC
Key Information (UTC Time)
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Registration Period: April 22, 10:00 – April 29, 10:00 (UTC)
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Distribution Period: April 30, 10:00
Participation Requirements
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Users must click on [Register] on the CC BoostHub event page. Registration link: https://www.lbank.com/boosthub-new/Boosthub-CC-002
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Smart Pool: Users must complete at least one contract trade during the registration period, with no minimum trade amount. At the time of the snapshot, holdings that meet any of the following conditions will be counted toward quota calculation: USDT ≥ 1,000. The Smart Pool rewards will be distributed proportionally based on each user's holding amount.
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Futures mining pool: Users must complete at least one spot trade during the registration period, with no minimum trade amount. The system will calculate the user's contract trading volume from registration to the end of the event, with a minimum contract trading volume requirement of 1,000 USDT. Rewards from the Contract Pool will be distributed proportionally based on each user's contract trading volume.
Reward Calculation & Distribution
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Effective Data Calculation
(1) Smart Pool
The system will take hourly snapshots of designated spot assets during the snapshot period. If users' asset value falls below the minimum requirement in any snapshot, that snapshot will count as 0. Rewards will be allocated based on each user’s average asset value over the entire snapshot period.
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Average Asset Value = (Sum of all valid snapshots) ÷ (Number of snapshots)
Example:
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Minimum Requirement: 1,000 USDT
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Snapshots: 1,000 / 1,200 / 999 USDT → Average = (1,000 + 1,200 + 0) ÷ 3 = 733.33 USDT
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If all snapshots are below 1,000 USDT → Average = 0
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(2) Futures Mining Pool
After the reward pool opens, users' cumulative contract trading volume will be calculated on a calendar day basis (16:00 UTC to the following day 16:00 UTC). Users who reach the minimum threshold (1,000 USDT) will share the daily rewards proportionally based on their trading volume relative to the total trading volume of all eligible users, with individual rewards not exceeding the individual hard cap (160 CC).
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Reward Distribution
The Smart Pool and Futures Mining Pool are calculated independently, and rewards will be distributed separately. The specific distribution method for each pool will follow the final arrangements announced on the event page:
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Smart Pool: Rewards will be settled after the event ends and distributed as a one-time settlement. Users will receive notifications via in-app messages once the rewards are credited.
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Futures Mining Pool: During the event, daily rewards will be displayed on the BoostHub page on the next day (T+1).Rewards will be settled after the event ends and distributed as a one-time settlement. Users will receive notifications via in-app messages once the rewards are credited.
FAQs
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Registration failed?
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Smart Pool: Please complete any spot or futures transaction and then register again.
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Futures Mining Pool: If your net position shows “–”, it means you haven’t participated or your position hasn’t met the minimum holding requirement.
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Haven’t received rewards?
Please check in-site messages or contact customer service (service@lbank.com).
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Want to learn more about BoostHub?
Please refer to LBank BoostHub User Guide.
Terms & Conditions
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All participants must strictly adhere to LBank’s terms and conditions. Institutional users and market maker accounts are not eligible to participate in this event.
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If any fraudulent activity, such as using multiple accounts to claim rewards, or other violations are detected, LBank reserves the right to disqualify the user from participating and confiscate any rewards.
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LBank reserves the final right of interpretation for this event and may, at its sole discretion, modify, revise the event terms, or cancel the event without prior notice.
