Last updated in July 2024 and will be updated periodically.

 

Participants of BingX Launchpad can calculate the tokens that they can win from the lottery stage according to the formula below.

  • Tokens you will win = your subscribed USDT amount ÷ total subscribed USDT amount by all users * the project's total allocation

Example: Assume that the project's total allocation is 50,000,000 X (X is the token name) in a Launchpad event. 8 users participate in it.If User 3 subscribes 6,000 USDT and the other 7 users subscribe 29,000 USDT in total, then the tokens won and allocated to User 3 would be: 6,000 ÷ 35,000 x 50,000,000 = 8,571,429 X (accounting for about 17.14% of the quota). Here is the detailed breakdown (Table 1):

Token Allocation (Table 1)

Participants Subscribed USDT Amount Ratio Lottery Winning
User 1 10,000 28.57% 14,285,715
User 2 7,500 21.43% 10,714,286
User 3 6,000 17.14% 8,571,429
User 4 4,000 11.43% 5,714,286
User 5 2,500 7.14% 3,571,429
User 6 2,000 5.71% 2,857,143
User 7 1,500 4.29% 2,142,857
User 8 1,500 4.29% 2,142,857
Total 35,000   50,000,000

 

About "Individual Winning Limit"

To manage risks, BingX sets an "Individual Winning Limit" for each Launchpad project. When participants exceed this limit, the excess tokens will be redistributed to other participants who have not yet reached the limit. Therefore, the tokens that you're able to win cannot exceed the "Individual Winning Limit".

Example: In the X project aforementioned, if the "Individual Winning Limit" is set to 10,000,000 X, then User 1 and User 2 will have their excess tokens redistributed. The details are as shown below (Table 2).

Token Allocation (Table 2)

Participants Subscribed USDT Amount Ratio Lottery Winning
(Individual Winning Limit Reached)
User 1 10,000 28.57% 10,000,000
User 2 7,500 21.43% 10,000,000
User 3 6,000 17.14% 8,571,429
User 4 4,000 11.43% 5,714,286
User 5 2,500 7.14% 3,571,429
User 6 2,000 5.71% 2,857,143
User 7 1,500 4.29% 2,142,857
User 8 1,500 4.29% 2,142,857
    Excess Part 5,000,000
Total 35,000   50,000,000

 In Table 2, Users 1 and 2 exceed the limit, resulting in a total of 5,000,000 excess tokens. These excess tokens are redistributed proportionally among other participants who have not reached the limit (Table 3).

Final Token Allocation (Table 3)

Participants Subscribed USDT Amount Ratio Lottery Winning (Final Allocation)
User 1 10,000 28.57% 10,000,000
User 2 7,500 21.43% 10,000,000
User 3 6,000 17.14% 10,000,000
User 4 4,000 11.43% 6,956,522
User 5 2,500 7.14% 4,347,826
User 6 2,000 5.71% 3,478,261
User 7 1,500 4.29% 2,608,696
User 8 1,500 4.29% 2,608,696
Total 35,000   50,000,000

Take User 3 as an example. Before applying the limit, User 3 would receive 8,571,429 X (see Table 1). After applying the limit, User 3 receives 10,000,000 X (see Table 3).

 

USDT Amount You Need to Subscribe to Earn the Corresponding Final Allocation

Assuming 1 X = 0.0005 USDT, based on the final allocated tokens (Table 3), users will need to subscribe the following amounts in USDT to earn the corresponding number of tokens:

Participants Lottery Winning (Final Allocation) Subscribed USDT
User 1 10,000,000 5,000
User 2 10,000,000 5,000
User 3 10,000,000 5,000
User 4 6,956,522 3,478
User 5 4,347,826 2,174
User 6 3,478,261 1,739
User 7 2,608,696 1,304
User 8 2,608,696 1,304
Total 50,000,000 25,000

 

BingX Operation Team

2024-07-02

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