Pendle is the first-ever DeFi protocol to enable the tokenisation and trading of future yields. What also makes the automated market maker system unique is that it accounts for time decay, giving users the ability to optimise gains and lock in potential profits. PENDLE holders can enjoy governance rights by staking their tokens to receive vePENDLE.
Between now and 26 July, Crypto.com App users have the chance to win a share of US$10,000 in PENDLE simply by trading the token and taking part in the Missions feature.
Campaign Period: 12 July 2023, 07:00 UTC – 26 July 2023, 00:00 UTC
Buy and Sell Challenge (US$10,000 Prize Pool)
1,000 users who trade at least US$20 of PENDLE and hold the Sophomore Trader Badge or a higher rank will win US$10 of the token.
How to participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Acquire the Sophomore Trader Badge or a higher rank (Guide)
- Trade (buy/sell) at least US$20 worth of PENDLE (Guide)
- 1,000 participants who complete the steps above during the Campaign Period will be randomly selected to win US$10 worth of PENDLE
Useful Links:
- Join us on Telegram to discuss with the Crypto.com Community
- Guide to completing account verification
- Guide to purchasing crypto in the Crypto.com App
Notes:
- Participation in the campaign is strictly optional.
- In addition to the following rules, please refer to the Terms & Conditions, for further rules regarding eligibility.
- The PENDLE App 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.
- Any trades that are executed through bad trading practices in Crypto.com’s absolute opinion, including but not limited to wash trades, false trading, self-dealing, or trades that display any attributes of market manipulation (‘disqualified trades’), will not be counted towards the participant’s transaction volume.
- Crypto.com will disqualify any entry from participants who do not meet the eligibility requirements as solely and absolutely determined by Crypto.com.
- The PENDLE rewards will be credited to the recipients’ Crypto.com App account in PENDLE tokens within 90 days after the campaign ends.
- Recipients will be notified via email 14 days after the reward distribution is completed for confirmation.
- The PENDLE/USD exchange rate used to administer the campaign will be determined around the time of prize distribution at the sole discretion of Crypto.com.
- 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 PENDLE App Campaign, participants acknowledge having read the Global Marketing Privacy Notice of Crypto.com, 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, prize draw and prize 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
