Q: What is the "WIF Launchpool - 241106" event?
A: It is a promotional campaign, allowing users to stake their $WIF tokens and earn daily USDT rewards over a four-day period from November 6, 2024 at 00:00 UTC to November 10, 2024 at 00:00 UTC.
Q: How do I participate in the WIF Launchpool?
A: Simply complete Flipster's identity verification process to be automatically enrolled in the WIF Launchpool.
Q: When is the campaign period for the WIF Launchpool?
A: The campaign runs from November 6, 2024, at 00:00 UTC to November 10, 2024, at 00:00 UTC. Rewards will be distributed on November 10, 2024, by 23:59 UTC.
Q: How much USDT is available in daily rewards?
A: A total of 7,500 USDT is distributed daily across all participants based on their staked amount and any applicable multipliers.
Q: What multipliers are available, and how can I qualify?
A: The following multipliers may apply to boost your $WIF staking amount:
- 2X Multiplier: Achieve a trading volume of 10,000 USDT or more.
- 3X Multiplier: Make your first deposit after November 5, 2024, at 00:00 UTC. Note: Accounts with prior deposit history before this date are ineligible for the 3X multiplier.
- 4X Multiplier: Maintain a Flipster VIP status.
Q: How are daily rewards calculated?
A: Rewards are calculated using the formula:
(7,500 USDT) * (User’s $WIF staked with multipliers) / (Total $WIF staked with multipliers of all eligible users).
Q: What are the staking requirements for $WIF?
A: Minimum Staking: 5 $WIF Maximum Staking: 2,500 $WIF
Q: Can I unstake my $WIF during the campaign?
A: Yes, participants can stake, unstake, or restake their $WIF tokens at any time. However, unstaking will result in the forfeiture of any reward.
Q: When will I receive my rewards?
A: Rewards will be distributed on 10 November 2024 by 23:59 UTC
Q: Can the WIF Launchpool rewards be exchanged for cash?
A: No, campaign rewards cannot be redeemed for cash, bartered, or exchanged.
Q: Are there any terms and conditions I should know?
A: By participating, users agree to all stated terms. Flipster reserves the right to amend or discontinue the WIF Launchpool campaign without prior notice, and these changes apply to both new and existing participants.
Q: Will participating in the WIF Launchpool affect my deposits on Flipster?
A: No, participating in the campaign does not move your deposits away from the platform. Your deposits remain governed by the platform terms, including Clause 11.8.
Q: Who can I contact if I have additional questions about the event?
A: Kindly submit a service request form, or reach out to us via Live Chat support for more information.