On-chain Staking is one of the many ways in the Crypto.com App to grow your balances while you’re waiting to pounce on a market opportunity! OSMO, DYM, ETH, and 15+ more tokens are currently available in this feature.
You receive regular payouts, enjoy no staking limits at all, and have the flexibility to unstake at any time once the activation period is over.
Looking to grow your holdings via on-chain Staking? From now until 20 May, you can give your OSMO and/or DYM staking rewards a 3% p.a. boost. Simply buy OSMO and/or DYM and stake them.
Campaign Period: 6 May 2024, 10:00 UTC – 20 May 2024, 10:00 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Perform at least US$100 worth of OSMO Net Deposits* and/or DYM Net Deposits* during the Campaign Period (Guide)
- Stake any amount of OSMO and/or DYM during the Campaign Period** and maintain your stake until 18 August 2024, 23:59 UTC
The top 300 users ranked by OSMO Net Deposits and DYM Net Deposits by the end of the Campaign Period will enjoy an extra 3% p.a. on their OSMO and/or DYM stake in Step 3***. This is in addition to the rewards rate displayed in the Crypto.com App.
Rewards will be distributed to the recipients’ Crypto Wallet within 10 days after 18 August 2024, 23:59 UTC.
*‘Net Deposits’ as used herein means the total value of a user’s deposits and purchases of OSMO and/or DYM tokens during the Campaign Period and can be expressed as follows: OSMO + DYM Net Deposits = Deposits (OSMO + DYM) From External Exchanges and Wallets + Buy (OSMO + DYM) – Sells (OSMO + DYM) – Withdrawals (OSMO + DYM)
**The Qualifying Staked Amount is the lowest of the following four numbers: (1) Total Net Deposits during the Campaign Period, (2) Total SUI staked during the Campaign Period, (3) Average Daily Balance of SUI staked during 90 days post the Campaign Period, or (4) Maximum Qualifying Staked Amount stated below. The additional rewards will be calculated as 3% x (90 / 365) x Qualifying Staked Amount.
***The Maximum Qualifying Staked Amount is 5,500 OSMO and 1,400 DYM. Rewards will only be credited if the participant maintains their stake until 18 August 2024, 23:59 UTC. Terms and conditions apply.
Useful Links:
Notes:
- Participation in the campaign is strictly optional.
- The relevant Net Deposits’ exchange rate and Qualifying Staked Amount shall be as determined and calculated in Crypto.com’s sole and absolute discretion.
- For the terms of the Campaign, please refer to the Official Rules of Limited Offer. 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 OSMO/DYM tokens by 8 Sep 2024. Qualifying recipients must maintain stake in Qualifying Staking Duration.
- 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 identity verification, assessing their eligibility to participate in the campaign, 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.