BingX Launchpad's asset snapshot will include the following accounts: Fund Account and Futures Account, collectively referred to as "Designated Account".

Assets included in the Designated Account comprise all tokens supported for deposit or trading on BingX, all of which will be calculated in USDT.

During the asset snapshot period, a snapshot of your "Designated Account" will be taken every hour at random intervals, resulting in a total of 24 snapshots.

The daily average asset snapshot cycle spans from 00:00 to 23:59 (UTC). Your daily average assets will be available on the Launchpad page at 02:00 (UTC) on the following day.

For example:

• Leo signed up on BingX on 2023-07-13 00:00 (UTC). Between 00:00 and 03:00 (UTC), Leo made hourly deposits of assets worth 1,000 USDT into his "Designated Account". Leo's daily average assets on 2023-07-13 would be calculated as: (1,000 USDT + 2,000 USDT + 3,000 USDT + 3,000 USDT + ... + 3,000 USDT) / 24 = 2,875 USDT.
• Suppose a Launchpad project's asset snapshot cycle spans three days. Leo's daily average snapshots from 2023-07-13 to 2023-07-15 would be 2,875 USDT, 3,125 USDT and 3,000 USDT respectively. Leo's daily average holdings will be calculated as: (2,875 USDT + 3,125 USDT + 3,000 USDT) / 3 = 3,000 USDT.

Notes:

1. Snapshots are taken at random intervals every hour.
2. Total daily average holdings = Daily average holdings in Fund Account + Daily average holdings in Futures Account.
3. Pending limit orders in the "Designated Account" will be included in the asset snapshot.
4. The actual snapshot cycle may vary. Please refer to the Launchpad announcement for the specific timeline.
5. Assets in the subaccount use the same calculation method as mentioned above.