Event launched
2025-01-13 12:14
Registration Begins
2025-01-13 13:00
Position Calculation
2025-01-13 20:00
Start Distribution
2025-01-13 23:00
Distribution Plan
Distributions will follow the outlined schedule
- 2025-01-13 23:00Distributed100%
Registration Requirements
Meet any of the following conditions during the period from 2025-01-06 20:00 to 2025-01-13 20:00.
Spot Trades ≥ 1
Futures Trades ≥ 1
Claiming Rules
Allocation Source
Holding or principal snapshot
Snapshot Start
2025-01-06 20:00
Snapshot End
2025-01-13 20:00
Token & Eligible Amount
USDT≥1000
LBK≥45000
Project Introduction
About CSR25(CSR25)
CSR25 is a unique annual "Plastic Credit" and is set to follow the precedent established by the “Carbon Credit.”
Its distribution is directly tied to the actual removal of plastic waste by Corsair and its contributing partners.
Plastic waste is a significant global challenge, and Corsair provides a solution.
We address this issue by collecting plastic waste and converting it into Advanced Bio-oil, which can then be used to produce new plastic products.
As a result, plastic waste is effectively recycled.
CSR25 is only released when plastic waste removal is undertaken—loosely analogous to a “Proof of Work” concept.
Corsair is not a startup; it currently operates recycling facilities in Bangkok and Finland, with additional locations planned for Europe, the US, and Canada.
Its distribution is directly tied to the actual removal of plastic waste by Corsair and its contributing partners.
Plastic waste is a significant global challenge, and Corsair provides a solution.
We address this issue by collecting plastic waste and converting it into Advanced Bio-oil, which can then be used to produce new plastic products.
As a result, plastic waste is effectively recycled.
CSR25 is only released when plastic waste removal is undertaken—loosely analogous to a “Proof of Work” concept.
Corsair is not a startup; it currently operates recycling facilities in Bangkok and Finland, with additional locations planned for Europe, the US, and Canada.
FAQ
How to Participate
- 1. Complete the transaction count requirement within the specified period
- 2. When the project registration period begins, click the register button to join the project
- 3. After registration closes, the system will calculate the tokens you can receive based on your holdings during the snapshot period
- 4. Once entered the distribution period, the tokens will be sent to your spot account according to the distribution schedule
- 5. If unable to register during the registration period, complete the transaction requirement and try registering again before the end of registration.
- 6. Please note that there may be a delay in synchronizing transaction count data. If you meet the transaction requirement but cannot register, wait a moment and refresh to try again
Snapshot and Holding Requirements
- 1. Daily snapshot assets must meet the minimum requirements. Refer to the "Token and Minimum Amount" section in the claim rules for details.
- 2. Only amounts meeting the minimum requirement per token are included in the allocation calculation. Daily holdings below the threshold are excluded from calculations.
- 3. Example: If a user holds 500 USDT and LBK worth 800 USDT, totaling 1,300 USDT, the daily holding requirement is not met if it doesn’t meet the per token minimum for the project
- 4. At the time of the snapshot, the user’s USDT holdings = spot account USDT + USDT principal in the futures account. Unrealized PnL and Futures Bonus amounts in the futures account are not counted
Allocation Calculation
- Average Daily Holding Value = Sum of daily holding values / 3 days; daily holding value must be ≥ 1,000 USDT to qualify for allocation calculation
- Example: If daily holdings are 1,000 USDT, 1,200 USDT, and 999 USDT, the average daily holding is (1,000 + 1,200 + 0) / 3 = 733.33. If daily holdings are 999 USDT, 999 USDT, and 999 USDT, the average daily holding is (0 + 0 + 0) / 3 = 0
- LBank will divide the total project allocation among eligible registered users based on the proportion of each user’s average daily holding value
End
You have claimed-- CSR25