Terms of the TON-TON Earn Campaign

Terms of the TON-TON Earn Campaign

@wallet

Last update: January 23, 2025

Welcome to Wallet’s TON-TON Earn Campaign (the "Earn Campaign"). By participating in the Earn Campaign, you agree to be bound by these Terms. 

These Terms are an integral part of Wallet’s User Agreement. If there is any inconsistency between these Terms and the User Agreement, the User Agreement will prevail. 

Campaign Key Dates and Terms

  1. The Campaign Start Date is January 27rd, 2025 at 12:00 UTC time. 
  2. The Campaign End Date is January 23rd, 2026 at 12:00 UTC time.
  3. The Earn Campaign may be terminated at any time at the sole discretion of Wallet.
  4. To participate in the Earn Campaign, your first Deposit should be made on any day during the term of the Earn Campaign, but at least 24 hours before the Campaign End Date.

Eligibility

  1. To participate in the Earn Campaign, you must be a User of Wallet and must be verified at Identification Levels “Extended” or “Advanced” to claim the Rewards. 
  2. If your verification status is at Identification Level "Basic," you will be unable to claim your Rewards until you upgrade to a higher Identification Level. Additionally, if you remain at Identification Level "Basic" by the Campaign End Date, you will forfeit the ability to claim your Rewards at all. 
  3. You cannot participate in the Earn Campaign if you have been blocked, restricted, or otherwise limited in permissions by Wallet  for any reason under the User Agreement and Wallet’s internal policies.
  4. You may not be able to receive the Rewards if Wallet determines that you have violated the User Agreement between the moment you make the Rewards claim and the moment they are actually disbursed to your Wallet balance.

Deposit Terms

  1. Deposits are made in TON.
  2. Any committed Deposit balance cannot be withdrawn partially. 
  3. Users may withdraw their full Deposit balance at any time. Withdrawing the full Deposit before the Campaign End Date terminates your participation in the Campaign and you forfeit any Rewards from the previous calendar day. You remain eligible for any accrued, but not claimed Rewards that you have not forfeited by withdrawing your full Deposit before the Campaign End Date.
  4. Each User is allowed to commit up to 30,000 TON as Deposit to the pool at a Campaign cycle. The minimum deposit amount is 0.1 TON. You can top up your Deposit balance at any time, provided the total remains between 0.1 and 30,000 TON. The Rewards will accrue on your updated Deposit balance from 00:01 UTC time of the next calendar day.
  5. Users can make a Deposit under the Earn Campaign for a maximum duration of 365 days, but in any case, not exceeding the overall duration of the Earn Campaign.

Rewards

  1. The Campaign Rewards Pool is unlimited. Wallet reserves the right to adjust the Campaign Rewards Pool or terminate the Campaign at any time without prior notice to Users.
  2. Accrual and Rates: Rewards accrue on a daily basis from the first Deposit you make after the Campaign Start Date to the Campaign End Date, unless you have withdrawn your full Deposit earlier. 
  3. Wallet offers a tiered Annual Percentage Yield (APY) structure, directly rewarding you based on the duration of your commitment to the Campaign. The specific APY structure for this Campaign is updated daily, reflecting the current mid-market rate. Details of the APY structure are published in the FAQ section. Please note that the APY structure is not fixed and may be adjusted at Wallet’s discretion.
  4. Rewards are calculated daily in TON based on the Deposit balance from the previous calendar day in TON and the APY set by Wallet for that day. Rewards are paid out in TON.
  5. Rewards are not automatically distributed. A User receives the Rewards by clicking on the “Claim rewards” button that will update the User’s TON balance in Wallet. The minimum withdrawal amount for Rewards is 0.0001 TON. 
  6. Accrued Rewards can be claimed by the User at any time during the Campaign and for up to 7 calendar days following the Campaign End Date. After this 7 calendar days period, unclaimed Rewards will no longer be available and by not claiming within this timeframe, you forfeit your right to receive these Rewards. 

 Amendments

We reserve the right to modify these at any time. Any changes will be effective immediately upon posting, and your continued participation after such posting will constitute acceptance of the changes.

Disclaimer

We do not guarantee any profits or protection of Deposits and Rewards. Technical difficulties on Wallet’s side may interfere with the Campaign and even end it. Your participation is at your own risk.

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