Flipster’s Million-Dollar Fest Campaign
Landing Page: Flipster's Million-Dollar Fest
Q: What is the "Flipster's Million-Dollar Fest" program?
A: The "Flipster's Million-Dollar Fest" is a special staking event where participants can stake USDT and earn a share of a prize pool worth 1,100,000 USDT. The event also includes up to 100,000 USDT in position airdrops.
Q: What is the event period for "Flipster’s Million-Dollar Fest"?
A: The ''Flipster’s Million-Dollar Fest” will start on March 17, 2025 at 00:00 UTC and end on March 24, 2025 at 00:00 UTC.
Q: What are the staking requirements?
A:
- Minimum Staking: 1 USDT
- Maximum Staking: 50,000 USDT
- Participants are required to have a total trade volume of ≥ 50,000 USDT during the campaign period to be eligible to start accumulating rewards.
Q: Can I unstake my USDT during the event?
A: Yes, you can stake, unstake, or restake your USDT at any time. However, unstaking will forfeit any accumulated rewards. Rewards upon restaking will only be calculated from the time of restaking.
Q: When will my staked USDT be released after the campaign?
A: Please note that staked USDT for "Flipster’s Million-Dollar Fest" will be released immediately after the campaign ends on March 24, 2025 at 00:00 UTC.
Q: How do I participate in the event?
A: To participate in the "Flipster’s Million-Dollar Fest", please follow the steps below:
- Complete the identity verification process.
- Register your participation under the [Launchpool] tab on Flipster.
Q: How are the rewards distributed?
A: Rewards are distributed based on the amount of USDT staked on Flipster by participants, with multipliers applied, and an additional airdrop reward is given to eligible participants.
Q: What are the multipliers for staking?
A: 1 of 2 multipliers may apply to the $USDT staked on Flipster within the campaign period:
Tier | Requirement | Staking Amount Multiplier |
1 | Flipster VIP User | 3x |
2 | First deposit after March 1, 2025 at 00:00 UTC | 5x |
Q: How does the Staking Amount Multiplier works in this campaign?
A: Please note on the following:
- Only 1 tier with the highest attained staking amount multiplier can be applied to a single user
- Only users with a First deposit made after March 1, 2025 at 00:00 UTC will be eligible for the 5x staking amount multiplier
Consider the below examples:
Example 1: User A is a non-VIP user that have signed up for an account and made the first deposit before March 1, 2025.
User A will be eligible to participate in the campaign with a 1x Staking Amount Multiplier as none of the required tiers were met.
Example 2: User B is a non-VIP user that have signed up for an account before March 1, 2025, but only made the first deposit after March 1,2025.
User B will be eligible to participate in the campaign with a 5x Staking Amount Multiplier as he/she has achieved Tier 2 (Made a first deposit after March 1, 2025 at 00:00 UTC).
Example 3: User C is a VIP user that have signed up for an account and made the first deposit before March 1, 2025.
User C will be eligible to participate in the campaign with a 3x Staking Amount Multiplier as he/she has achieved Tier 1 (Flipster VIP User).
Example 4: User D is a VIP user that have signed up for an account before March 1, 2025, but only made the first deposit after March 1,2025.
User D will be eligible to participate in the campaign with a 5x Staking Amount Multiplier as he/she has achieved Tier 2 (Made a first deposit after March 1, 2025 at 00:00 UTC).
Q: Is my trade volume considered for the campaign if I do not stake my USDT first?
A: No, any trade volume accumulated before staking of USDT will not be considered and calculated to the total trade volume task.
Therefore, please note that you will need to stake your USDT first and trade afterwards in order to accumulate accurately on the trade volume to fulfil the requirements for this campaign.
Q: How is my staked USDT amount determined during the campaign period?
A: Please note that the staked USDT amount is determined based on daily snapshot, with the first snapshot taken on March 17, 2025 at 23:59 UTC.
Q: How is the daily reward calculated?
A: Daily reward calculation:
(142,857.142 USDT) * (User $USDT staked with multipliers applied) / (Sum of $USDT staked by eligible users with multipliers applied)
Q: How is the position airdrop reward calculated?
A: The initial margin of the position airdrop is calculated as 10% of the Final USDT reward.
Q: Could you explain how rewards are earned?
A: Example as below
The following reward amounts are based on assumptions:
-
User A achieved ≥ 50,000 USDT Trade Volume on Day 1 of the event.
User A will begin accumulating rewards from Day 1
User A’s Final USDT reward: 2,500 USDT
Additional position airdrop reward initial margin: 10% * 2,500 USDT = 250 USDT
-
User B achieved ≥ 50,000 USDT Trade Volume on Day 3 of the event.
User B will begin accumulating rewards from Day 3
User B’s Final USDT reward: 1,500 USDT
Additional position airdrop reward initial margin: 10% * 1,500 USDT = 150 USDT
-
User C did not achieve ≥ 50,000 USDT Trade Volume during the event.
User C will not be eligible for rewards
User C’s Final USDT reward: Not eligible for rewards
Additional position airdrop reward initial margin: No additional rewards
Q: When will the rewards be distributed?
A: Rewards will be distributed by March 28, 2025, 23:59 UTC.
Q: Is the staked USDT in the "Flipster’s Million-Dollar Fest" being considered for calculations in other earn campaigns?
A: Please note that staked USDT in the "Flipster’s Million-Dollar Fest" will not taken into account for the requirements for other earn campaigns. Kindly ensure that you make the necessary adjustments or deposits in order to meet the requirements of the other earn campaigns.
Q: Why is my staked USDT in the "Flipster’s Million-Dollar Fest" not applied to my VIP eligibility?
A: Your VIP status is determined by the available USDT wallet balance in your account, excluding any funds that are staked. When you stake funds, they are no longer part of your available balance and thus do not contribute to your VIP eligibility.
Example:
If you hold 50,000 USDT in your account and stake the entire amount, you will no longer meet the VIP requirements.
To maintain your VIP status while participating in the event, you may:
- Deposit additional funds into your account to ensure your available balance still meets the VIP Program requirements.
- Unstake funds from the event to retain sufficient balance in your account to qualify for VIP status.
- Qualify through trading volume by meeting the “Flipster VIP Program - 240617” criteria, which grants VIP status to users with a trade volume of 3,000,000 USDT or more within a 15-day period.
Q: For first-time deposits after March 1, 2025 00:00 UTC with the x5 multiplier, does staking 50,000 USDT count as 250,000 USDT or is the maximum staking amount only 50,000 USDT?
A: Yes, the total amount staked after multiplier will be considered as 250,000 USDT. The maximum staking amount of 50,000 USDT applies before multipliers are factored.
Q: Am I able to see my daily reward amount?
A: Users will be able to see their estimated daily reward on the campaign dashboard.
Q: Will my trading volume be calculated in all campaigns that considers trade volume?
A: Yes, trade volume achieved will be considered for all campaigns requiring trade volume.
Do note that the 50,000 USDT trade volume requirement for the "Flipster’s Million-Dollar Fest" will only begin calculating after you have staked USDT in the campaign.
Q: Who can I contact if I do not receive my rewards after the distribution period?
A: Kindly submit a service request form, or reach out to us via Live Chat support for more information.