On-chain Staking in the Crypto.com App enables you to earn regular token reward payouts with no lock-in periods! STX, the native token of the Stacks network, is now available in on-chain Staking and we’re giving you the opportunity to boost your earnings.
Unlock an extra 3% p.a. for STX in the STX Staking Campaign, boosting its rewards rate to 11.6% p.a. Your task? Buy STX and stake it on-chain by 4 October 2024.
Campaign Period: 27 September 2024 07:00 UTC to 4 October 2024 07:00 UTC
How do I participate?
- Sign up or sign in to the Crypto.com App (Guide)
- Go to the campaign section on the home screen and tap STX Staking Campaign > Join Now
- Perform at least US$100 worth of STX Net Buys* during the Campaign Period (Guide)
- Allocate any amount of STX during the Campaign Period** to on-chain Staking and maintain your stake until 2 January 2025, 23:59 UTC
All users who perform at least US$100 of STX Net Buys by the end of the Campaign Period will enjoy an extra 3% p.a. on their stake in Step 4***. This is in addition to the rewards rate displayed in the Crypto.com App. There are no limits to the number of winners.
The rewards will be distributed to the winners’ Crypto.com App accounts by 31 January 2025, 23:59 UTC.
*‘Net Buys’ as used herein means the total value of a user’s purchases of STX tokens during the Campaign Period and can be expressed as follows: Net Buys = Buys (STX) – Sells (STX)
**The Qualifying Staked Amount is the lowest of the following four numbers: (1) Total Net Buys during the Campaign Period, (2) Total STX staked during the Campaign Period, (3) Average Daily Balance of STX 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 capped at 1,750 STX. Rewards will only be credited if the participant maintains their stake until 2 January 2025, 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 Crypto Staking Terms & Conditions and Privacy Notice.
- Along with the eligibility criteria outlined in the Official Rules of Limited Offer, eligibility is further subject to the availability of the token within your jurisdiction.
- The rewards will be distributed in a lump sum to eligible recipients in STX tokens by 31 January 2025. 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.