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STIX Launchpool - 241126

  • Updated

Introducing STIX Launchpool

Flipster, one of the leading crypto derivatives trading platform, is excited to announce the addition of STIX (STIX) as our latest launchpool offering. Starting 26 November, users can stake their STIX tokens and receive daily $STIX rewards over 7 days.

 

STIX Launchpool Details:

  • Campaign Period: 26 November 2024 at 00:00 UTC to 3 December 2024 at 00:00 UTC
  • Reward Distribution: 3 December 2024 by 23:59 UTC
  • Daily Rewards: Up to 3,000,000 $STIX

STIX Staking:

  • Coin Name: $STIX
  • Minimum Staking: 2,000 $STIX
  • Maximum Staking: 2,400,000 $STIX
  • Unstaking: Participants may stake, unstake or restake $STIX at any time.
    • Unstaking will forfeit any and all rewards due 

How to Participate:

  • Participants are automatically enrolled upon identity verification process completion.

Rewards Breakdown: 

  • The launchpool reward will be distributed based on $STIX staked on Flipster by the participants.
  • 1 out of the 3 multipliers may apply to the $STIX staked on Flipster within the launchpool period:

    Multiplier Task Staking Amount Multiplier
    1

    Contribute ≥ 10,000 USDT trading volume

    		 2X
    2 Made a first deposit after 24 November 2024 at 23:59 UTC* 3X
    3

    Maintain Flipster VIP Status

    		 4X
    *Flipster account that has deposit history before 24 November 2024 at 23:59 UTC will be ineligible for the 3x staking amount multiplier

  • Daily Reward Calculation Logic: (3,000,000 $STIX) *(User $STIX staked with multipliers applied) / (Sum of $STIX staked with multipliers applied of Eligible Users)

Important Information:

  • By participating in the STIX Launchpool, participants acknowledge and agree to all stated terms and conditions.
    Flipster reserves the right to amend these terms and conditions as well as to vary or discontinue the STIX Launchpool without prior notice, such changes are applicable to both new and existing participants.
    Participants eligible for the campaign rewards will receive campaign rewards directly into their Flipster accounts.
    The STIX Launchpool campaign rewards cannot be bartered, redeemed in or exchanged for cash.
    Your participation in this Campaign does not entail any movement of your Deposits away from our Trading Platform. Your Deposits continue to be governed in accordance with the Platform Terms, including but not limited to Clause 11.8 of the Platform Terms.

Eligibility:

Flipster reserved the right to: 

  • Terminate, suspend, or restrict your access to any or all of the Flipster services and or  accounts;
  • Terminate, suspend, or restrict your participation in any or all Events, Promotions, Campaigns or Programs;
  • Terminate, suspend, or restrict your eligibility to receive any or all Rewards, Prizes, Giveaways or Incentives;
  • Refuse to complete or block, cancel, or, where permitted by applicable law, reverse any transaction you have authorized;
  • Take whatever action we consider necessary, in each case with immediate effect and for any reason including, but not limited to:

Flipster reasonably suspects that:

  • The Flipster account has been or will be used for any abnormal, inappropriate dishonest, illegal, fraudulent, or unauthorized purposes;
  • The individual operating your Flipster Account is not you;
  • More than one natural person has access to and/or transacts using the same Flipster account;
  • Actions have been taken that may circumvent our controls, including but not limited to:
    • Operating multiple Flipster accounts without written consent
    • Wash trading
    • Volume faking
    • Market manipulation
    • Self-dealing
    • Abusing Events, Promotions, Campaigns or Program
  • Information provided by you is wrong, untruthful, outdated, or incomplete;

Liability:

  • Flipster or its agents or employees shall not be held liable for any damages or losses arising from event participation. Participants hereby acknowledge and agree not to pursue claims against any damages, loss or expense (including but not limited to participant’s information. software, computer, telephone, or any other electronic or telecommunication devices).
  • In case of disputes, the decision of Flipster shall be final and conclusively binding.
  • Flipster reserves the right of final interpretation of the event rules including, but not limited to, the above mentioned information regarding trading, funds, and any other risks.
  • Should there be any inconsistency between the English and other language versions of these terms and conditions, the English version shall prevail.

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