SINGAPORE, December 11, 2024 – LBank, as a leading global cryptocurrency exchange, has recently introduced REVOX (REX) on its Launchpool. The second Launchpool REVOX is scheduled from December 11 to December 18, with its listing on LBank spot market set for 12:00 (UTC) on December 18 2024. 

Simply hold USDT or LBK to participate and earn REX based on your average daily holdings during the snapshot period. No staking required, making it accessible to everyone.

Unlocking Access to Innovative Projects

LBank Launchpool is an innovative financing and promotion product introduced by LBank Exchange. It aims to support emerging blockchain projects while offering investors opportunities to participate in early-stage initiatives.

LBank remains dedicated to introducing valuable opportunities in the evolving crypto industry, delivering unique and rewarding experiences while ensuring accessibility for all participants. Through Launchpool, users can engage with high-quality projects in an innovative way, demonstrating LBank’s ongoing commitment to enriching the crypto ecosystem. 

Launchpool Details of REVOX

REVOX is building the shared AI interface for Web3 through its permissionless machine learning infrastructure, empowering the construction and innovation of decentralized AI applications through modular agents. Backed by leading venture capital firms including SevenX Ventures, HashKey Capital, and Foresight Ventures, REVOX has secured $2M in seed funding and $6M in strategic financing.

Here are the details:

• Token Name: REVOX (REX)
• Total Token Supply: 3,000,000,000 REX
• Total Launchpool Amount: 3,750,000 REX
• Individual Cap: 30,000 REX

To participate in the Launchpool, LBank users must first click "Register" on the Launchpool page. During the snapshot period, users need to maintain a minimum balance of 1,000 USDT or 100,000 LBK and complete at least one spot or futures trade. The rewards distribution will follow a hard cap mechanism, with allocations based on users' position shares. After the three-day snapshot period, users will receive their subscribed REX on December 18th at 10:00 UTC.

LBank's Evolution: Pioneering a New Era in Crypto

Recently, LBank has also launched the X Plan, introducing whitelist mechanism to optimize its project listing process and uncover more high-quality projects for the market. Through both X Plan and Launchpool, LBank demonstrates its dedication to discovering projects with breakthrough technologies and real-world applications. This underscores LBank's firm commitment to innovation and advancement in the industry, as it strives to create greater value for the industry and contribute to the sustainable development of the global digital economy. 

About LBank

Founded in 2015, LBank is a leading global cryptocurrency exchange, serving over 15 million registered users in more than 210 countries and regions. With daily derivatives trading volume of more than $67 billion and support for over 800 cryptocurrencies, LBank is committed to delivering a comprehensive and user-friendly trading experience. Through innovative trading solutions, LBank has helped users achieve average returns of over 130% on newly listed assets. 

As a pioneer in the Meme coin market, LBank Crypto Exchange has listed over 240 mainstream Meme coins and 40 Meme gems, with several achieving gains of over 500%. As the industry leader in first-time Meme coin listings, LBank has become the go-to platform for Meme coin investors.

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