Switchboard (SWTCH) to be listed on Bitget Launchpool — lock BGB and SWTCH to share 5,500,000 SWTCH!

Bitget Launchpool will be listing Switchboard (SWTCH). Eligible users can lock BGB and SWTCH to share 5,500,000 SWTCH.

Locking period: 9 September 2025, 13:00 – 11 September 2025, 13:00 (UTC)

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Project details

• Token name: Switchboard (SWTCH)

• Total supply: 1,000,000,000 SWTCH

• Launchpool allocation: 5,500,000 SWTCH

• About the project:

Switchboard the fastest, most customisable, and only truly permissionless oracle network, designed for those who refuse to compromise on speed or decentralisation. Trusted by industry leaders, Switchboard secures billions worth of assets across 51+ protocols by delivering market data 3x faster than other oracles.

Switchboard's unique permissionless design unlocks the market. Anyone can instantly launch data feeds for new assets, giving traders immediate access to more opportunities. Secured by Trusted Execution Environments, this combination of raw speed and open access powers a faster, safer onchain trading ecosystem.

Locking pool 1- BGB:

BGB pool airdrop per user = user's locked BGB ÷ total locked BGB of all eligible participants × corresponding pool.

Locking pool 2- SWTCH:

SWTCH pool airdrop per user = user's locked SWTCH ÷ total locked SWTCH of all eligible participants × corresponding pool.

Notes:

1. Token airdrop from Launchpool locking pools will be distributed hourly to participants based on their locked volume.

2. Bitget will take hourly snapshots of each participant's locked volume and distribute airdrop accordingly.

3. Airdrop will be distributed hourly. When a user locks at hour H, the locked volume is calculated at hour H+1, and airdrop is distributed at hour H+2. For example, if a user locks at 10:46 AM, the locked volume is confirmed at 11:00 AM, and airdrop is distributed at 12:00 PM.

4. The APR of each locking pool is calculated separately.

5. Users can unlock their locked tokens from the locking pool at any time.

6. Locked assets will be automatically returned to the user's spot account after the locking period ends.

7. Your tokens will be redeemed to your spot account within five minutes after the promotion ends. If auto-savings is enabled, the funds will be credited to your Earn account instead.

Terms and conditions

1. Users must complete identity verification to participate in the promotion.

2. All participants must strictly comply with Bitget's terms and conditions.

3. Sub-accounts, institutional accounts, and market maker accounts are not eligible for the promotion.

4. Bitget reserves the right to disqualify any user from participating in the promotion and confiscate their rewards if any fraudulent conduct, illegal activities (e.g., using multiple accounts to claim rewards), or other violations are found.

5. Bitget reserves the right to amend, revise, or cancel this promotion at any time without prior notice, at its sole discretion.

6. Bitget reserves the right of final interpretation of the promotion. Contact customer service if you have any questions.

Disclaimer

Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their research as they invest at their own risk. Thank you for supporting Bitget!