
Deposit AVAX or ADA for the chance to boost your returns
Offering an unlimited staking quota and regular payouts, on-chain Staking has quickly become a go-to feature for earning rewards in the Crypto.com App. Avalanche (AVAX) and Cardano (ADA) have recently been added to the growing list of supported protocols that include Ethereum (ETH), Solana (SOL), Polkadot (DOT), Cronos (CRO) and Polygon (MATIC).
To mark the occasion, we’re giving Crypto.com App users the opportunity to boost their earnings for AVAX and ADA by an additional 3% p.a.!
Campaign Period: 29 September 2023, 10:00 UTC – 13 October 23, 10:00 UTC
How to participate?
The top 300 users ranked by AVAX or ADA Net Deposits by the end of the Campaign Period will enjoy an extra 3% p.a. on their AVAX or ADA stake in Step (3) (‘Reward’), in addition to the reward rate displayed in the Crypto.com App. Eligible users who perform Net Deposits for AVAX and ADA, and are ranked among the top 300 for each, will receive a Reward for both their AVAX and ADA stake.
The Reward will be distributed to the recipients’ Crypto Wallet within ten (10) days after 11 January 2024, 23:59 UTC.
*‘Net Deposits’ as used herein means the total value of a user’s deposits and purchases of AVAX/ADA tokens during the Campaign Period and can be expressed as follows: AVAX/ADA Net Deposits = Deposits (AVAX/ADA) From External Exchanges and Wallets + Buy (AVAX/ADA) – Sells (AVAX/ADA) – Withdrawals (AVAX/ADA)
**The Qualifying Staked Amount is capped at the maximum of the following four numbers: (1) Total AVAX or ADA Net Deposits during the Campaign Period, (2) Total AVAX and/or ADA staked during the Campaign Period, (3) Average daily balance of AVAX and/or ADA staked during the 90 days post after the Campaign Period, or (4) Maximum Qualifying Staked Amount stated above. The additional rewards will be calculated as 3% x (90 / 365) x Qualifying Staked Amount
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