Calling all AVAX token holders to join the AVAX Flash Rewards campaign, where each user can allocate up to 430 AVAX! Earn an attractive reward of 10% p.a. on AVAX for a 14-day allocation. The promotion ends on 10 August 2023, or when the aggregate campaign cap of 43,000 AVAX is met — so hurry and don’t miss out!
What is Flash Rewards? Flash Rewards is a feature within Crypto Earn that allows users to earn a promotional rate on a specified token. The Flash Rewards rate 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).
AVAX Flash Rewards Campaign
The campaign is only available for Crypto.com App users in select jurisdictions*. More details below:
Campaign Coin: AVAX
Campaign Period: 27 July 2023, 10:00 UTC – 10 August 2023, 10:00 UTC
Lockup Term Length: 14 days
Rewards Rate: 10% p.a.
Max. Allocation Per User: 430 AVAX
Min. Allocation Per User: 2 AVAX
Aggregate Campaign Cap:43,000 AVAX
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 AVAX Flash Rewards campaign is not available for residents of the United States, United Kingdom, 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 AVAX Avalanche is an open, programmable smart contracts platform that launched its mainnet in September 2020. Its native token is AVAX, a hard-capped digital asset used for the platform’s payments, security, and connection functions. Avalanche’s fast blockchain platform boasts top speed ranks in terms of time-to-finality, with speeds of over 4,500 transactions per second, as well as low costs and environmental friendliness. It is compatible with the Solidity programming language used by Ethereum and is also capable of supporting the creation of custom private or public blockchains called subnets. It uses three blockchains, one for coordinating validators and making subnets, one for creating smart contracts, and one for exchanging assets. As the native token of Avalanche, AVAX provides a basic unit of account between multiple subnets. It is also used for paying network fees and securing the blockchain through staking.
Tap the ‘Flash Rewards’ banner on your App’s home screen and start earning now!
Notes:
The AVAX Flash Rewards Campaign is offered by Crypto.com to Crypto.com App users only.
The AVAX Flash Rewards Campaign is not available for residents of the United States, United Kingdom, Japan, Korea, or countries in which Crypto Earn is not available. (See here for more information.)
The Campaign commences on 27 July 2023, 10:00 UTC and ends on 10 August 2023, 10:00 UTC, or when the aggregate Campaign cap of 43,000 AVAX 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 AVAX 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.
