PANews reported on August 14th that Bybit EU has officially launched its first Launchpool project, officially announcing the launch of XION today. EU users can share in a reward of 100,000 XION tokens by staking USDC, MNT, and XION. The promotion runs from 10:00 AM on August 14th to 10:00 AM on August 29th (UTC), offering an APR of up to 60%.

XION is a Layer 1 blockchain designed for seamless everyday use. It eliminates barriers to entry to Web3 through chain abstraction, gas-free transactions, and cross-device compatibility. With fiat-based pricing and consumer-centric applications, XION seamlessly connects traditional and decentralized finance, making interactions in scenarios like e-commerce and digital identity simple, secure, and scalable.