Bitget Launches OBOL Campaign on Launchpool

Date: 2025-05-05 Author: Henry Casey Categories: BUSINESS
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Bitget has announced a new campaign on its Launchpool, which will feature the Obol Network Token (OBOL). Participants will be able to stake BGB or OBOL tokens to earn OBOL rewards from a pool of over 1.78 million tokens.

The campaign will start on May 7, 2025 at 2:00 PM Kyiv time and will end on May 12 at the same time. During this period, users will be able to lock their assets and earn rewards proportional to their stake in the pool. Registration and verification are required to participate, while sub-accounts and market maker accounts are not accepted.

Bitget specifies that there are two pools available: one for BGB deposits, which has 1.682 million OBOL allocated, and the second for OBOL deposits, which has 100,000 tokens. The minimum limits for participation are 5 BGB and 10 OBOL, respectively. The maximum limits are 5,000 BGB or 1 million OBOL, depending on the selected pool.

Rewards will be credited hourly, while users will be able to withdraw their assets at any time without restrictions. Rewards are calculated based on the share of the participant's locked tokens in relation to the total pool volume and the size of the corresponding fund.

The Obol Network project, according to Bitget, is focused on creating a sustainable and decentralized digital infrastructure with an initial focus on Ethereum and subsequent expansion to the entire Web3. Its key component, Obol Collective, unites more than 800 operators around the world. They use decentralized validators (DV), which, according to the developers, are resistant to risks such as slashing.

The ecosystem also uses Obol Stack, a ready-made Plug and Play solution for quickly deploying and managing elements of decentralized systems, including Ethereum nodes, AI agents, AVS and other tools. According to the team, the solution covers both basic L1 and L2 levels, as well as more advanced areas such as DePIN and agent systems based on artificial intelligence.

Bitget reserves the right to change the terms of the campaign at any time, including the possibility of its early termination.
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