PumpBTC Pre-Season Participation Guide
Last updated
Last updated
PumpBTC serves as a Liquid Restaking Solution for Babylon. Its mission is to bring DeFi into the Bitcoin ecosystem, driven by an ecosystem-centric approach and supported by seasoned DeFi experts and industry-leading partners.
Before participating in the Pre-Season program, we need to understand two key roles in PumpBTC:
Team Captain:
Team Captains must stake 0.02 BTC or more to create a team.
Once a team is created, the Team Captain currently receives 10 invitation codes to invite Tier-2 members.
Each Tier-2 member receives 5 invitation codes to invite Tier-3 members.
Tier-3 members do not receive invitation codes.
Team Captains earn 8% of the total points accumulated by their Tier-2 members.
Tier-2 members earn 16% of the total points accumulated by their Tier-3 members.
Points earned by Tier-2/Tier-3 users in future activities will also generate rebates for their upline.
Team Members:
There is no minimum staking requirement for team members.
Team members are divided into Tier-2 and Tier-3 members.
Both Tier-2 and Tier-3 members must use an invitation code to join a team.
Open the website: https://pumpbtc.xyz/. Click on the PumpBTC Babylon Pre-Season poster image to enter the event.
At this point, you will see two buttons: Create Team and Join a Team (by entering an invitation code)
Click on "Create Team" to be redirected to the points information page.
Here, you can view the detailed breakdown of your points. Your total points consist of two components:
Self-Staking Points: Points earned from your own staked assets
Invitation Points: Points earned from your team members' stakings
Click the "Invite" button. As a Team Captain, you will see 10 invitation codes available for use
Enter the invitation code to join a team. You'll be redirected to the points information page, where you can view a detailed breakdown of your points.
Your total points consist of two components:
Self-Staking Points: Points earned from your own staked assets
Invitation Points: Points earned from team members you've invited (if applicable)
Click the "Invite" button. As a Tier-2 member, you will see 5 invitation codes available for use.
Tip: When a team has 3 or more members, users unlock access to additional information. On the page, you'll be able to see:
Detailed staking information for each team member
The Team Treasury
In the upcoming Stage 3, there will be more features and opportunities related to drips. For an introduction to drips and their calculation method, please refer to this article.
Here is the video guide:
