Crypto.com is pleased to announce that MM.Finance (MMF) will be listed on Supercharger.
This time, users have the chance to boost their returns by 10x! 88 lucky participants will win an exclusive “Supercharger 10x Booster” NFT that multiplies their MMF rewards, allowing them to earn up to 32% p.a.
To enter, users simply need to sign up to Crypto.com NFT using the same email as their Crypto.com App or Exchange account – whichever one was used to participate in the MMF Supercharger event.
Sign up to the Crypto.com App or Crypto.com Exchange* to participate.
What is MMF?
MM Finance has the largest ecosystem on Cronos with its DEX, Yield Optimiser, NFT, Algo Stablecoin, and DTF. It is the FIRST AMM and DEX on Cronos Chain that offers fee rebates via trade mining. They have the lowest trading fees on Cronos Chain, and are the first to introduce Protocol Owned Liquidity (POL) into their DEX. MMF allocates a large portion of its trading fees on MMF buybacks and forming liquidity pools, which ensures the protocol to scale sustainably in any market conditions.
MMF on Supercharger
Crypto.com App and Exchange users will receive MMF as rewards for staking CRO tokens in the Supercharger pool. 88 lucky participants will be able to boost their estimated rewards of ~3.2% by 10x for this event.
How do users know they’ve won? The exclusive “Supercharger 10x Booster” NFT will be airdropped to the winners’ Crypto.com NFT accounts at the end of the Charging Period. Ownership of the NFT gives users the power to multiply their MMF rewards by 10x (up to 32% p.a.); the earnings will be automatically credited to their Crypto.com App or Exchange account after the Reward Distribution Period.
The MMF Supercharger event will commence on Monday, 4 April 2022 in the Crypto.com App and Exchange.
Users who participated in the VRA Supercharger event, which ends on 4 April at 10:00 UTC, can keep their CRO stake in the Supercharger pool to be automatically carried over to the MMF event.
MMF Supercharger Details:
- Reward: US$500,000 allocation
- Supported Staking Token: CRO
- Event Timeline:
- Charging Period: 13:00 UTC, 4 April 2022 – 13:00 UTC, 18 April 2022
- Reward Distribution Period: 11:00 UTC, 20 April 2022 – 11:00 UTC, 4 May 2022
Supercharger 10x Booster Bonus:
- MMF Reward: Additional 10x p.a.
- Reward Distribution:
- “Supercharger 10x Booster” NFT: Airdropped to the winners’ Crypto.com NFT account within 7 days after the end of the Charging Period.
- Supercharger 10x Booster Bonus: 10% of the winners’ bonus rewards will be distributed daily during the 14-day Reward Distribution Period. The remaining 90% will be distributed within 7 days after the end of the Reward Distribution Period.
i) Charging Duration (First 14 days)
Users can stake and unstake from the Supercharger pool (with no gas fees) at any time during the Charging Period. The price of the reward token is determined at the end of this period.
ii) Reward Distribution Period (Next 14 days)
Users will receive their reward tokens during the Reward Distribution Period based on their share of the crypto provided during the Charging Period. Their eligible reward tokens will be distributed daily during this 14-day period after accepting the reward terms. Users will forfeit a portion of their reward if they do not accept the terms before the Reward Distribution Period begins.
Find out how to calculate your rewards here.
*Available on both the Exchange Web and App. Download the Exchange App from the App Store and Google Play
Notes:
- Crypto.com reserves the right to cancel or amend the Supercharger 10x Booster Bonus campaign rules at its sole discretion.
- Participants’ stakes in Supercharger are automatically moved to the next event.
- Participants may unstake their CRO from the pool at any time.
- Participants can make multiple stakes throughout the duration of the event.
- If the participant fails to accept their reward allocation before the Rewards Distribution Period begins, they will lose the portion of the reward that was scheduled to be distributed. They are still entitled to the remaining portion of their reward, and can redeem it by logging in to the Exchange and accepting their allocation.
- The lucky draw to win a 10x Supercharger NFT and a 10x p.a. bonus on MMF rewards is eligible for MMF Supercharger participants who have a Crypto.com NFT account using the same Crypto.com App or Exchange email address. Both new and existing Crypto.com NFT users are eligible. New users must complete sign-up for Crypto.com NFT before the Charging Period End Date.
- The 10x Supercharger NFT will be airdropped to the winners Crypto.com NFT account within 7 days after Charging Period End Date
- The 10x p.a. bonus on MMA Rewards will be credited to the winners’ Crypto.com App or Exchange wallets within 7 days after the Reward Distribution End date.
- All personal data collected is used strictly for verification purposes only.
- By accepting the prize, winners agree to the Privacy Notice of Crypto.com, which is published at crypto.com/en/privacy/global.html
For details, please refer to our Help Centre.
