Explore this article to find out how you can participate in Bybit Web3 Staking.

 can be both exciting and rewarding. If you’re wondering where to start so that you can 

, consider Bybit Web3 Staking. This relatively new addition to Bybit Web3 offers a seamless and user-friendly platform for those eager to embark on this journey. 

In this article, we'll guide you through the process of participating in Bybit Web3 Staking, ensuring you're well-equipped to maximize your crypto investments.

 is a platform that offers a convenient way to stake your tokens and generate earnings without the need to hop across different protocols or execute numerous transactions. 

Bybit Web3 Staking isn't just another staking platform — it's a holistic ecosystem tailored to enhance your crypto staking experience. Here's why it stands out.

In essence, Bybit Web3 Staking offers a blend of user-centric features, top-tier security and convenience, making it a compelling choice for anyone keen on maximizing their crypto returns.

How to Get Started With Bybit Web3 Staking

Now that you know more about Bybit Web3 Staking and why you should try it, here's a step-by-step guide to get you started. 

 before you can proceed with Bybit Web3 Staking. If you require any assistance in creating an account, please refer to our detailed 

tab in the navigation bar at the top left corner of the Bybit homepage. 

: After you’ve entered the Bybit Web3 Portal, hover your cursor over the 

tab in the navigation bar at the top of the page and click on 

: A pop-up window will appear. You can choose the wallet you wish to connect to (

button next to your preferred wallet. In this article, we’ll use the 

as an example. To connect to it, click on the 

button next to it, and enter your account details.

: After connecting your wallet, you can deposit funds by hovering your cursor over the 

page, you can view all available staking pools. Click on the 

 icon to adjust the display. You may arrange the pools according to 

: Click on your preferred staking pool to find our more information, such as:

: Input the amount you would like to stake, and click on 

: In the pop-up window, verify the details of your staking order. Please take note of the slippage and estimated cost, and click on 

: A pop-up window will appear to indicate that the transaction is being processed. Once the transaction is complete, you can view your transaction by clicking on 

Once you’ve successfully staked, the transaction details will be shown in

Your investment details, including the total yield accumulated, can also be found on the respective staking pool’s page.

On top of the base yield, some projects issue additional incentives. You may check your additional yields below.

The total value of your investments from all staking pools will also be displayed on the dashboard on the 

: If you’d like to unstake your holdings and claim your rewards, navigate to the 

: Select the pool you wish to redeem, and click on 

once you’ve confirmed that your details are correct.

: Confirm the redemption details, and click on 

 that the redemption process may take some time, and transaction details will be available under 

Bybit Web3 Staking offers a comprehensive and intuitive platform for crypto staking. Its user-friendly interface helps even those new to the world of staking to participate confidently and grow their investments. Whether you're a seasoned investor or just starting out, Bybit Web3 Staking is a reliable and efficient choice for your staking endeavors.

Beginner

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How to Participate in Bybit Web3 Staking (Step-by-Step)

Bybit Web3 Staking is designed to centralize your token staking and earnings, removing the need to navigate multiple protocols or handle several transactions.

 Dive into the expansive world of the Web3 ecosystem. Understand how different protocols and projects listed on Bybit Web3 can help you earn rewards without the need to actively manage your assets. 

The world of cryptocurrency has evolved rapidly, with 

 emerging as a popular method for crypto enthusiasts to 

. Staking involves holding and locking up a cryptocurrency in a wallet to support the operations of a 

. While there are numerous platforms available for this purpose, Bybit Web3 Staking is making waves in the industry. This fuss-free platform will allow you to efficiently manage your assets and earn rewards. Read on to find out everything you need to know about Bybit Web3 Staking, including how it works, its features and benefits.

 is designed to centralize your token staking and earnings by eliminating the need to navigate multiple protocols or handle several transactions. It enhances the 

 experience by providing a unified dashboard to track and manage your staking investments easily whenever necessary.

Bybit Web3 Staking operates as a conduit between user funds and on-chain assets. The platform seamlessly integrates with various staking platforms, including 

, to support a diverse range of tokens and blockchains.

Bybit Web3 Staking supports a broad spectrum of tokens, including 

, and mainstream cryptocurrencies such as 

Bybit Web3 Staking currently supports 10 prominent blockchains: 

Bybit Web3 Staking transforms how you earn from your cryptocurrency holdings, providing an attractive avenue for generating passive income. Unlike traditional financial instruments, which often yield lower returns, Bybit Web3 Staking offers significantly higher returns on your staked cryptocurrencies, making it an appealing option for investors looking to enhance their earnings without active trading.

Bybit has engineered a user-friendly staking environment, one where everything you need is consolidated in a single platform. This integrated approach allows you to oversee and manage all your staking activities effortlessly, without the complications of shifting between various protocols or handling numerous transactions. It’s a streamlined process designed to save time and reduce complexity.

As part of the Bybit Web3 ecosystem, Bybit Web3 Staking operates on a centralized account model. This means that by signing up for an account with Bybit and creating a Bybit Wallet, you’ll be able to access a wealth of benefits that the 

 Portal provides, including Bybit Web3 Staking. Once your account is established, you can easily stake your assets, and unstake and withdraw them into your wallet in just a few clicks. This simplifies the investment process, and eliminates the need for external redirections.

Furthermore, Bybit democratizes the staking process by offering staking pools that aggregate smaller amounts of capital from multiple investors. This feature is especially beneficial for those who may not have the substantial initial capital typically required to participate in staking. It lowers the financial threshold for entry, making it feasible for more users to join in and benefit from staking rewards.

At Bybit, the security of your investments is paramount. The selection of projects for Web3 Staking is thorough and deliberate, and is conducted by a seasoned team that rigorously evaluates each project's credibility and stability. Only projects that pass this strict vetting process are made available on the platform. This meticulous approach minimizes risks associated with fraudulent schemes, and enhances the overall safety of your digital assets.

Staking has become a pivotal way for users to maximize their returns. For those on the fence about where to begin their staking journey, Bybit Web3 Staking is certainly a compelling choice. Its user-friendly interface is tailored for both novice and seasoned investors, ensuring a smooth staking experience. 

Additionally, Bybit Web3 Staking offers holistic asset management, allowing users to seamlessly aggregate and monitor their staking positions. With its diverse staking pools, Bybit Web3 Staking stands out as a comprehensive, coherent choice for those looking to optimize their crypto investments.

Bybit Web3 Staking isn’t just another staking platform — it's a comprehensive ecosystem designed to guide, protect and reward its users. Whether you're a seasoned crypto enthusiast or someone just starting out, Bybit Web3 Staking offers a plethora of benefits that make it a top contender in the staking arena. If you're considering starting your staking journey, Bybit Web3 Staking is undoubtedly worth your consideration.

Bybit Web3 Staking: Earning Passive Income in One Click

The Sui blockchain, developed by Mysten Labs, has been making waves in the blockchain landscape since its launch on May 3, 2023. 

The Sui blockchain, developed by Mysten Labs, has been making waves in the blockchain landscape since its launch on May 3, 2023. Designed as a Layer 1 

 (PoS) blockchain, Sui is engineered for exceptional throughput, low latency and a unique approach to resource management that distinguishes it from traditional blockchains. This report provides a comprehensive overview of the Sui ecosystem, emphasizing its technological innovations, growing institutional interest and robust expansion in the DeFi and gaming sectors.

At the core of Sui's architecture is its object-centric data model, which represents a departure from the account-based systems widely used by other blockchains, such as Ethereum and Solana. This innovative model allows Sui to process transactions in parallel, significantly enhancing throughput and reducing latency.

Additionally, Sui employs the Move programming language, originally developed for the 

 project. Sui’s take on Move is tailored to its object-centric architecture, ensuring resource safety and security through rigorous bytecode verification. This feature protects against common vulnerabilities, such as 

 and reentrancy, which can plague blockchain platforms. By requiring all code to pass through a bytecode verifier prior to deployment, Sui alleviates the burden on developers to manually enforce safety rules.

The recent introduction of the Mysticeti upgrade has further optimized Sui's performance, reducing consensus 

 by 80%. This advancement allows for faster transaction processing, which is crucial as the network scales and attracts more users. These technological innovations not only enhance the efficiency of the Sui blockchain, but also position it as a leading choice for developers creating high-performance applications in various sectors.

Since its inception, Sui has garnered significant attention from institutional investors, particularly throughout 2024. A pivotal moment came with the launch of the Grayscale Sui Trust, a dedicated investment product for accredited investors. This initiative has attracted considerable capital and driven a remarkable price rally, with the SUI token experiencing an 89% increase by the end of Q3 2024.

Moreover, strategic partnerships with firms such as Copper and Zero Hash have expanded Sui's capabilities in digital asset custody and transaction facilitation. Copper’s collaboration enhances Sui's offerings in institutional-grade custody solutions, while Zero Hash's integration allows businesses to leverage Sui's technology for seamless value transfers across various asset classes, including fiat and 

These partnerships not only bolster Sui's infrastructure but also enhance its credibility in the financial sector. As more institutions explore 

 for their operations, Sui's commitment to secure and efficient solutions positions it as a frontrunner in the evolving landscape of institutional finance.

Sui's DeFi sector has experienced remarkable growth, with its TVL surpassing $1.5 billion and positioning it 11th among major blockchain networks. Its ecosystem boasts a diverse array of protocols, with 

 leading the way in lending and borrowing services. These platforms offer innovative features that cater to a variety of user needs, from high-yield financial products to user-friendly interfaces.

In addition to DeFi, Sui is also making significant strides in the gaming sector. The introduction of the SuiPlay0X1, a handheld gaming device, demonstrates Sui's commitment to bridging the gap between traditional gaming and blockchain technology. This device supports both blockchain-native and traditional games, fostering a seamless transition for gamers into the 

Furthermore, various web3 gaming initiatives, such as SWAYE and 

, highlight Sui's focus on enhancing user engagement and expanding its ecosystem. These developments not only attract gamers, but also encourage developers to create innovative applications within the Sui framework.

In summary, the Sui ecosystem is poised for continued growth and evolution driven by its technological innovations, increasing its institutional adoption and robust expansion into both DeFi and gaming. As Sui continues to develop its infrastructure and attract new users, it stands as a promising player in the future of blockchain technology.

Advanced

Sui Ecosystem Report.png

Sui Ecosystem Report: Solid Infrastructure Spurs Growing Institutional Interest

The Open League serves as a vibrant competition ground for TON ecosystem projects and their users. Learn how you can participate in The Open League here.

As the blockchain landscape continues to evolve, innovative platforms like 

 (TON) are pushing the boundaries of what decentralized technology can achieve. With the commencement of The Open League's New Year Season (Season 7), TON is not only showcasing its robust ecosystem but is also setting the stage for a transformative experience for its users. This seventh season promises not only technological advancements but also substantial rewards, with a $1,500,000 airdrop aimed at deepening user engagement across multiple DeFi protocols. 

In this article, we’ll explore the mechanics of the airdrop, outline how users can maximize their benefits and highlight the exciting involvement of Bybit Web3 in this seasonal celebration of blockchain innovation.

The Open Network (TON) is a robust, decentralized internet platform consisting of multiple components, including 

At its core, TON Blockchain acts as the backbone linking TON's various elements to create a comprehensive ecosystem. TON's design aims to provide expansive cross-chain interoperability within a scalable and secure framework, processing millions of transactions per second (TPS) and aspiring to connect hundreds of millions of users in the future. As a distributed supercomputer, TON is poised to offer diverse products and services that support the decentralized vision of a new internet.

 serves as a vibrant competition ground for TON ecosystem projects and their users. It aims to attract dedicated new users to the TON framework, boost user engagement and support projects in expanding their reach. This initiative also focuses on developing attractive, functional products tailored for Telegram's extensive user base.

Bybit Web3 Joins The Open League Season 7

Bybit Web3's organic integrations of The Open Network (TON) have supercharged the expansion of its web3 universe, spearheaded by the wild success of 

Building on this momentum, Bybit Web3 will also be joining Season 7 of The Open League, contributing to the enrichment of the The Open Network for everyone. Users can complete simple quests for The Open League on Bybit Web3’s Telegram game bot, 

The Open League New Year Season (Season 7) Mechanics 

The seventh season of The Open League takes place from Nov 27, 2024 through Dec 17, 2024, and features a $1,500,000 airdrop for users interacting with over 20 DeFi protocols.

In Season 7, Bybit Web3 is set to improve the way wallet users engage with the TON ecosystem, providing more straightforward access to essential blockchain tools. This initiative aims to make the entry into blockchain more user-friendly, reflecting a commitment to improving user experience and accessibility.

Season 7 features an enticing $1,500,000 airdrop pool to increase user involvement and provide rewards for active participants. Bybit Web3 users have the unique chance to earn Space Points via our accessible Telegram bot, adding an element of exclusivity and value to their engagement.

The integration of Bybit's Telegram game, 

, provides a bridge for users transitioning to become active participants in the blockchain world. This approach simplifies entry into on-chain activities, making it more accessible and enjoyable, akin to engaging educational blockchain content.

How to Get Started With The Open League Season 7

Wondering how you can become eligible for the $1,500,000 airdrop? Follow the detailed steps below to get started.

 You may choose to back up your account using your email, or manually via a seed phrase.

: After you’ve successfully backed up your wallet, you can proceed to tap on 

and you’ll be redirected to a task page where you can participate in ecosystem activities and earn badges.

. Follow the instructions to mint your DeFi badge. 

 that this is an important step, because if you don’t mint a badge five days before the campaign ends, you 

: Once you’ve minted your DeFi badge, you’ll be able to see a catalogue of DeFi projects. You can complete these tasks throughout the season, such as providing liquidity or trading, to earn points. The number of points you can earn will be listed beside each task.

 on the TON Society website throughout the season. 

The Open League Season 7 encapsulates the spirit of innovation and community engagement that TON stands for. By offering a significant airdrop and facilitating active participation across its DeFi landscape, TON is not just rewarding its community, but also paving the way for a more interconnected and robust ecosystem. This season also marks a significant milestone for Bybit Web3 as it integrates seamlessly with TON, further enhancing the user experience and expanding the horizons of what decentralized platforms can offer. 

As we move forward, the developments within The Open League are sure to inspire both seasoned blockchain enthusiasts and new users alike, setting a high standard for what the future of decentralized finance holds.

Intermediate

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The Open League: All About TON's New Year Season Airdrop

In this tutorial, we’ll explore how you can participate in the Sui Wonderland NAVI Staking Campaign!

Bybit Web3 is holding an exclusive Sui Wonderland NAVI Staking Campaign from Nov 25, 2024 through Dec 25, 2024! Follow our detailed guide below to find out how you can participate in the campaign and earn rewards.

How to Participate in Sui Wonderland NAVI Staking Campaign

Create or Import a Bybit Web3 Seed Phrase Wallet

 icon in the extension bar of your Chrome browser. 

A pop-up window will appear. Then, click on 

Follow the instructions to set your device password. Then, agree to 

 be sent to the server. Ensure that you remember it, as 

You may choose to set the newly created Bybit Web3 Seed Phrase Wallet as your default wallet. Then, click on 

Import an Existing Bybit Web3 Seed Phrase Wallet

 icon in the extension bar of your Chrome browser, and click on 

Import Existing Bybit Web3 Seed Phrase Wallet

: Enter your device password and click on 

: Enter or paste your seed phrases (you may choose the number of seed phrases by clicking the drop-down menu below 

: If you’ve created multiple addresses before, the 

 function will only restore wallet addresses that have assets associated with them.

 and scroll down to view the three pools available for staking. 

: You’ll then be redirected to the individual pool page. Input the amount you wish to deposit, and click on 

: Please remember to ensure that you have sufficient SUI in your wallet for gas fees.

Congratulations! You’ve successfully staked your assets in a pool under the Sui Wonderland NAVI Staking Campaign!

To view your current investments and rewards, navigate back to the 

 Only funds staked on Bybit Web3 Earn through the Bybit Web3 Seed Phrase Wallet after the event starts will be eligible to receive rewards. Please maintain your positions on Bybit Web3 to be eligible for reward calculation.

The Sui Wonderland NAVI Staking Campaign is a great opportunity for you to earn bonus rewards on your SUI, vSUI and USDC. Create your Bybit Web3 Seed Phrase Wallet and participate today!

navi staking campaign.png

In this tutorial, we’ll explore how you can complete a series of tasks in LumiWave for Sui Wonderland 2024.

In this tutorial, we’ll explore how you can complete a series of tasks in 

: Look for LumiWave’s Bybit Web3 Sui Wonderland 2024 campaign post on X.

and add your comments to complete this task.

button at the top right corner of the page. 

: Select your preferred social login option (

: Follow the instructions to complete your registration.

Ensure that you create a written record of it and remember it

, as losing this password will make your wallet 

and follow the instructions to connect successfully. Please note that you’ll need to disconnect your Sui wallet first in order to enable the 

lumiwave tutorial.png

How to Complete LumiWave Tasks for Sui Wonderland 2024

In this tutorial, we’ll explore how you can complete a series of tasks in DeepBook for Sui Wonderland 2024.

: Download and install the Bybit Wallet extension.

: Fund your wallet with DEEP tokens. If you don’t have DEEP tokens, you may purchase them on Bybit and transfer them to your Bybit Wallet.

button on the top right corner of the page.

: Select your wallet from the list and approve the connection in your wallet. 

: Once your wallet has been connected, scroll down and click on the 

 token in the list of supported assets. 

: Deposit at least $100 worth of DEEP assets, and click on 

deepbook tutorial.png

How to Complete DeepBook Tasks for Sui Wonderland 2024

Open Loot (OL) revolutionizes web3 gaming with seamless blockchain integration, NFT marketplaces, and a user-friendly experience.

In 2021, Big Time Studios made headlines with its popular multiplayer play-to-earn game, 

 (BIGTIME). Not only was the project's team filled with gaming veterans associated with famous games such as 

Open Loot's utility token was launched on Nov 19, 2024, allowing those who accumulated 

 (OLRP) to convert them into OL tokens and unlock exclusive benefits.

Let's learn more about Open Loot and how it's shaking up things in the 

 is a web3 gaming ecosystem that includes a distribution platform and marketplace designed to enhance user experience, scalability, and payments for players and developers. 

The platform is owned by Big Time Studios and manages all aspects of the hit web3 game 

The brain behind the project is Ari Meilich, the gaming legend who brought 

 (MANA) to the crypto space in 2017, and co-founded Big Time Studios in 2020. Open Loot aims to eliminate the complexities associated with launching blockchain games by creating a vibrant player-driven marketplace. Players can enjoy seamless gaming without the hassle of connecting wallets, paying gas fees or waiting for transactions to process.

Its NFT marketplace includes NFT rentals and a marketplace for non-crypto game currencies, a feature that has appealed to Web 2.0 gamers, which in return makes the project scalable. Game developers can leverage Open Loot’s out-of-the-box solutions to launch their games and also take advantage of the platform’s advisory services to consult regarding token design, marketing and overall gaming development.

 is OL, which can be earned through various in-game activities and participation in special events.

Open Loot leverages blockchain technology to enable the creation and management of player-owned economies within games. The following is an overview of its operation.

Open Loot offers an end-to-end solution for launching games with robust web3 economies. It handles all NFT and token management, allowing developers to mint and distribute crypto-based digital assets within their games. This integration simplifies the process of incorporating blockchain elements into games without requiring extensive blockchain expertise.

The Open Loot ecosystem features a marketplace in which players can buy and sell Open Loot NFTs through direct sales and auctions. Transactions can be conducted globally using cryptocurrencies, debit and credit cards or bank transfers, providing flexibility and accessibility to a broad user base.

Open Loot's patented Vault technology enables players to effortlessly manage blockchain-based digital assets. This system supports instant transaction settlements without gas fees, enhancing the user experience by eliminating common blockchain-related complexities.

Gaming developers can collaborate with premier creators and influencers to generate powerful content, and leverage automated marketing through scale-proven and go-to-market strategies and opportunities to speak at AMAs in the gaming community.

In addition to its team of notable gaming veterans, Open Loot has entered into strategic partnerships and already has five games associated with the platform.

, an AAA-quality NFT game in which players explore space and even build their own personalized metaverse. The other games are 

Another notable game associated with Open Loot is the 

 Telegram game, in which players engage in a time-bending adventure on their mobile phones.

Open Loot (OL) is the native token for the Open Loot platform. It’s designed to increase platform activity, enhance user acquisition and boost engagement across Open Loot’s games and products. The token’s utility is as follows:

 whose supply is capped at 5 billion. Tokens are to be distributed as shown below:

Open Loot is holding an OL TGE airdrop designed to reward its most active users with OL tokens. Users who earn OLRP from their activities on the 

 game and in the Open Loot marketplace can convert their OLRP to OL.

You can only convert OLRP points into OL tokens after holding them for ten days, at a ratio of 100:1 and a maximum of 30,000,000 OLRP per day (300,000 OL). Note that OLRP will expire in two years. Hence, it’s imperative to convert them before the expiration date.

You can earn OLRP through in-game activities, such as opening Epoch Chests and the Showdown Tournament on the 

 game. You can also earn OLRP from social media activities, by playing the 

Telegram game and by being in the top 5 on the 

You can buy OL tokens on Bybit as USDT Spot pair (

). The OL Spot pair can also be traded via Bybit's 

. To celebrate the OL Spot listing, Bybit is holding two special 

The first event is exclusive to new users. To participate, 

 and get verified, then accumulate a deposit volume of at least 2,000 OL or deposit 100 USDT and trade 100 USDT worth of OL via your first trade using your Bybit account.

), register and trade at least 500 USDT worth of OL on Spot to earn a share of the 2,000,000 OL prize pool.

Both events run from Nov 19, 2024, 6AM UTC through Dec 3, 2024, 6AM UTC.

Open Loot’s robust infrastructure is good for the gaming space, where it accommodates both Web 2.0 and web3 users. Developers can seamlessly launch games through the platform and receive technical support. With the success of 

, Open Loot is one project to watch in the web3 space.

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Open Loot (OL): The Key to Frictionless Web3 Gaming

What does a strong BTC price mean to the broader Bitcoin ecosystem?

The conversation around the Bitcoin ecosystem has returned as the price of BTC reached another all-time high, over $90,000, for the first time in November 2024. High expectations from a pro-crypto U.S. administration, a fresh easing cycle from the Fed, strong demand for crypto ETFs and institutional adoption could all be driving forces behind BTC's strong performance.

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