- By participating in the “Flipster Earn Campaign - 240403” event, participants acknowledge and agree to comply with the following terms and conditions.
- Flipster reserves the right to amend these terms and conditions as well as to vary or discontinue the “Flipster Earn Campaign - 240403” without prior notice, such changes are applicable to both new and existing participants.
Task
- The “Flipster Earn Campaign - 240403” Daily program reward will be distributed based on the daily average USDT wallet balance of participants.
- Daily average will be calculated by averaging 24 random snapshot timestamps of USDT wallet balance from 00:00 UTC to 23:59 UTC daily.
- USDT campaign rewards are rounded down to 3 decimal places
- The earn percentage will vary daily, based on best market yield and best estimated offers within the competitive set.
- Daily earn can be checked on the Earn tab within the Flipster mobile application
- Additional 6% APR will be given to users with trade volume greater than or equal to 500,000 USDT within a 15 days period.
- The additional 6% APR will be distributed based on the daily average USDT wallet balance of participants.
- Additional APR% Conditions apply to users with trade volume with value lower than 500,000 USDT within a 15 days period are as follows:
- Any average USDT wallet balance not exceeding 100,000 USDT will earn the baseline APR of 15%
- Any average USDT wallet balance exceeding 100,000 USDT will earn a reduced APR of 7%
- Last 15 days total trade volume is calculated hourly.
- Any average USDT wallet balance exceeding 1,000,000 USDT will not be considered towards the campaign reward calculations.
- Any unrealized profit or loss will not be considered towards the campaign reward calculations.
- 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.
Timeline
- Promotion period for the “Flipster Earn Campaign - 240403” begins on 3 April 2024 at 00:00 UTC until Fully Subscribed.
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
- Operating multiple Flipster accounts without written consent
- Information provided by you is wrong, untruthful, outdated, or incomplete;
Campaign Rewards
- System snapshots will be taken daily from 00:00 UTC
- Participants eligible for the campaign rewards will receive campaign rewards directly into their Flipster accounts within 1 business day of system snapshot.
- Reward distribution will begin from 3 April 2024 by 23:59 UTC
- The “Flipster Earn Campaign - 240403” campaign rewards cannot be bartered, redeemed in or exchanged for cash.
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.