TechFlow reports that Ignition has launched the FBTC Sparkle campaign, through which participants can share an additional 5 million Sparks and Early Igniter NFT rewards on top of native protocol yields. From August 22 to September 22, 2024, users can earn Sparks by purchasing and holding $FBTC in their wallets, staking, depositing, or providing liquidity. Different blockchain networks offer varying Sparks multipliers: Mantle Network provides a 2x bonus, while Ethereum and BNB Chain both offer 1x.
Sparks rewards will be credited to participants' accounts within 30 days after the campaign ends. Early adopters will be randomly snapshotted and may receive additional rewards.
Notably, FBTC is a BTC-pegged, multichain Bitcoin asset incubated by Ignition and first launched on July 12, 2024, enabling users to leverage their Bitcoin to explore DeFi opportunities across multiple chains. Currently, FBTC has been adopted by over 30 leading protocols across Mantle Network, Ethereum, and BNB Chain, with more than $170 million in TVL recorded on-chain.
