Calling all KAVA token holders to join the KAVA Flash Rewards campaign, where each user can allocate up to 9,200 KAVA! Get an attractive reward of 15% p.a. on KAVA for a 14-day allocation. The promotion ends on 4 July 2024, or when the aggregate campaign cap of 184,300 KAVA is met — so don’t miss out!
What is Flash Rewards? Flash Rewards is a feature within Crypto Earn that allows users to get a promotional reward on a specified token. The Flash Rewards amount for that token will only be available for a limited time, and users only have to lock up their allocations for specified term lengths (e.g., seven-day or 14-day terms).
KAVA Flash Rewards Campaign
The campaign is only available for Crypto.com App users in select jurisdictions*. More details below:
Campaign Coin: KAVA
Campaign Period: 20 June 2024, 10:00 UTC – 4 July 2024, 10:00 UTC
Lockup Term Length: 14 days
Rewards Rate: 15% p.a.
Max. Allocation Per User: 9,200 KAVA
Min. Allocation Per User: 55 KAVA
Aggregate Campaign Cap: 184,300 KAVA
Campaign Eligibility:
Flash Rewards allocations will not count towards the tiered rewards quota; users who have reached their Tier 1 quota, but have not surpassed the Earn allocation maximum, are eligible for the Flash Rewards promotional rate.
However, users who have reached the Earn allocation maximum will not be eligible to participate.
Users are allowed one active Flash Rewards program at a time.
*The KAVA Flash Rewards campaign is not available for residents of the United States, Canada, United Kingdom, Australia, France, Netherlands, Germany, Belgium, Japan, or Korea, and is not available for residents of countries in which Earn is not available. (See here for more information.)
To find out more about the campaign, visit our Help Centre.
About KAVA
Kava is a Layer-1 blockchain that offers DeFi services to crypto users across many blockchain networks, such as stable currencies, bonds, and lending. Kava uses a Proof of Stake (PoS) consensus mechanism based on Tendermint that provides Byzantine Fault Tolerance (BFT), immediate finality, and security. With many Cosmos SDK modules in place and 100-plus expert validators secured, the Kava blockchain allows users to earn more with their digital assets in a secure manner. KAVA is the native governance and utility token of the Kava Network, a cross-chain blockchain platform for decentralised finance (DeFi) that offers a variety of apps and services for cryptocurrency users.
Tap the ‘Flash Rewards’ banner on your App’s home screen and start earning now!
Notes:
The KAVA Flash Rewards Campaign is offered by Crypto.com to Crypto.com App users only.
The KAVA Flash Rewards Campaign is not available for residents of the United States, Canada, United Kingdom, Australia, Japan, Korea, France, Netherlands, Germany, Belgium, or countries in which Crypto Earn is not available. (See here for more information.)
The Campaign commences on 20 June 2024, 10:00 UTC and ends on 4 July 2024, 10:00 UTC, or when the aggregate Campaign cap of 184,300 KAVA has been reached, whichever occurs earlier.
Users must have successfully completed KYC verification and all other onboarding procedures specified in the Crypto.com App to be eligible.
Users who have already reached or exceeded their Earn allocation limits are ineligible.
The principal and reward amounts will be automatically credited to the user’s Crypto.com App KAVA Wallet upon maturity.
The links provided above to helpful information are for reference only.
Crypto.com reserves the right to cancel the Campaign or amend the Campaign mechanics or rules at any time at our sole discretion without prior notice to you.
In the event of any dispute, Crypto.com reserves the right to make all final decisions regarding the Campaign.
For Canadian Customers: Please note that Foris DAX, Inc. has filed an application for registration in certain Canadian jurisdictions but has not yet obtained registration. Until such time as Foris DAX, Inc. obtains registration, Foris DAX, Inc. has agreed to abide by the terms of an undertaking available at the following link: here.
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