Terms of the USDT-TON Earn Campaign

@wallet

Welcome to Wallet’s USDT-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

The Campaign Start Date is MAY 1st, 2024 at 00:01 GMT time.
The Campaign End Date is August 31st, 2024 at 23:59 GMT time or the date on which the Campaign Reward Pool is exhausted.
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

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.
If you are verified at Identification Level “Basic”, you will not be able to claim your Rewards until you progress to a higher Identification Level.
If you are verified at Identification Level “Basic” at the Campaign End Date you will not be able to claim your Rewards at all.
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.
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

Deposits are made in USDT.
Any committed Deposit balance cannot be withdrawn partially.
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.
Each User is allowed to commit up to 3,000 USDT as Deposit to the pool at a Campaign cycle. You can top-up your Deposit balance up to this 3,000 USDT limit. The Rewards will accrue on your updated Deposit balance from 00:01 GMT time of the next calendar day.
Users can make a Deposit under the Earn Campaign for a maximum duration of 102 days.

Rewards

The Campaign Reward Pool is 3 mln TON. The exhaustion of the Campaign Reward Pool ends the Campaign. Wallet may revise the Campaign Reward Pool at any given time with no notice to the Users.
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.
Wallet offers a tiered Annual Percentage Yield (APY) structure, directly rewarding you based on the duration of your commitment to the Campaign. The exact APY structure for this Campaign can be found at FAQ section. The APY structure is not fixed and may change at Wallet’s discretion.
The amount of Rewards is calculated based on the total duration of all Deposits made by the User during the Earn Campaign. For example, if you make a Deposit for 14 days, withdraw it, and later make another Deposit for an additional 14 days, the APY structure is determined as if the Deposit was held continuously for the entire 28-day period.
Rewards are calculated daily in USDT based on the Deposit balance of the previous calendar day in USDT and are paid out in TON. The applicable USDT/TON exchange rate is the prevailing exchange rate as communicated by Wallet.
Rewards can be claimed by the User at any time. Rewards are but are not automatically distributed. To claim, Users must enter a valid on-chain TON address that will be the only address they can use for Rewards for this Campaign.

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.