Offering an unlimited staking quota and regular payouts, on-chain Staking is one of the most rewarding ways to earn passive income in the Crypto.com App.
Cosmos (ATOM) and MultiversX (EGLD) have recently been added to the growing list of supported protocols that include Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cronos (CRO), Polygon (MATIC), Avalanche (AVAX), and Cardano (ADA).
To mark the occasion, we’re giving you the opportunity to boost your earnings for ATOM and EGLD by up to an additional 3% p.a.!
Campaign Period: 1 November 2023 10:00 UTC – 15 November 2023 10:00 UTC
How to participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Perform at least US$100 worth of ATOM and/or EGLD Net Deposits* during the Campaign Period (Guide)
- Stake any amount of ATOM and/or EGLD during the Campaign Period** and maintain your stake for 90 days from 15 Nov 2023 to 13 Feb 2024, 23:59 UTC
The top 300 users ranked by ATOM or EGLD Net Deposits by the end of the Campaign Period will enjoy an extra 3% p.a. on their ATOM or EGLD stake in Step (3) (‘Reward)***, in addition to the reward rate displayed in the Crypto.com App. Eligible users who perform Net Deposits for ATOM and EGLD, and are ranked among the top 300 for both, will receive a Reward for their ATOM and EGLD stake.
The Reward will be distributed to the recipients’ Crypto Wallet within ten (10) days after 13 February 2024, 23:59 UTC.
*‘Net Deposits’ as used herein means the total value of a user’s deposits and purchases of ATOM/EGLD tokens during the Campaign Period and can be expressed as follows: ATOM/EGLD Net Deposits = Deposits (ATOM/EGLD) From External Exchanges and Wallets + Buy (ATOM/EGLD) – Sells (ATOM/EGLD) – Withdrawals (ATOM/EGLD)
**The Qualifying Staked Amount is capped at the maximum of the following amounts: (1) Total ATOM or EGLD Net Deposits during the Campaign Period, (2) Total ATOM and/or EGLD staked during the Campaign Period, (3) Average daily balance of ATOM and/or EGLD staked during the 90 days post after the Campaign Period, or (4) Maximum Qualifying Staked Amount stated above. The additional rewards will be calculated as 3% x (90 / 365) x Qualifying Staked Amount
***The ATOM and EGLD rewards are capped at 450 ATOM and 120 EGLD, respectively, and 9.5% overall APR, and will only be credited if the recipient maintains their stake until 13 February 2024, 23:59 UTC.
Useful Links:
Notes:
- Participation in the campaign is strictly optional.
- The relevant Net Deposits’ exchange rate and qualifying Earn programme principal amount shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
- In addition to the following rules, please refer to the Official Rules of Limited Offer, which apply to this Campaign. Participation in this Campaign is also subject to the Crypto Earn Terms & Conditions and Privacy Notice.
- The rewards will be distributed in a lump sum to eligible recipients in ATOM/EGLD tokens by 23 February 2024. Qualifying recipients must maintain their Earn allocation amounts until the end of the relevant fixed term to receive the Rewards.
- The Campaign is offered by Crypto.com to Crypto.com App users who have successfully completed the identification process and all other onboarding procedures specified in the Crypto.com App by the end of the campaign period.
- Crypto.com reserves the right to cancel the campaign or amend the campaign mechanics or rules at any time at our sole discretion.
- By participating in the Campaign, participants acknowledge having read the Crypto.com Global Marketing Privacy Notice, which is published at https://crypto.com/privacy/marketing and understand that we may use their personal information for the purposes of assessing their eligibility to participate in the campaign, identity verification, and reward redemption.
- In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the campaign.
- Nothing contained herein shall be construed to be financial advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy or sell any digital assets. Purchasing cryptocurrencies involves a high degree of risk, and there is always the possibility of loss, including the loss of all or a substantial amount of your purchase price. Please seek professional advice before making any financial, investment, or trading decisions.
