Terms of the Hamster Earn Campaign

Terms of the Hamster Earn Campaign

@wallet

Last update: 24 September, 2024

Welcome to Wallet’s Hamster Earn Campaign (the "HamsterCampaign"). By participating in the HamsterCampaign, 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 September 24th, 2024 at 00:01 GMT time. 
  2. The Campaign End Date is October 1st, 2024 at 23:59 GMT time. The Hamster Campaign is initially scheduled to last for 7 calendar days, although this duration may be subject to change at Wallet's discretion. For the most up-to-date information on the Campaign End Date, please refer to the FAQ section (FAQ in English, FAQ in Russian).

Eligibility

  1. To participate in the Hamster Campaign, you must be a User of Wallet and must be verified at Identification Levels “Extended” or “Advanced” to claim the Rewards. 
  2. 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.
  3. If you are verified at Identification Level “Basic” at the Campaign End Date you will not be able to claim your Rewards at all. 
  4. You cannot participate in the Hamster 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.
  5. 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.
  6. To participate in the Hamster Campaign, your first Deposit should be made on any day during the term of the Hamster Campaign, but at least 24 hours before the Campaign End Date.
  7. Hamster Campaign is not available to individuals residing in Restricted Jurisdictions.

Deposit Terms

  1. Deposits are made in Hamster.
  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 Any committed Deposit balance cannot be withdrawn partially. 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 Hamster Earn 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 100,000.00 (one hundred thousand) HAMSTER as Deposit at the Hamster Campaign cycle. You can top-up your Deposit balance up to this 100,000.00 (one hundred thousand) Hamster limit. The minimum Deposit is 100 (one hundred) HAMSTER; you cannot add an amount less than this to your Deposit balance. The Rewards will accrue on your updated Rewards balance from 00:01 GMT time of the next calendar day. Please note that both the minimum and maximum deposit amounts required to participate in the Hamster Campaign may be subject to change at Wallet's discretion. For the most up-to-date information on deposit requirements, please refer to the FAQ section (FAQ in English, FAQ in Russian).

Rewards

  1. The Campaign Reward Pool is set at 200 000 000.00 (two hundred million) HAMSTER. The exhaustion of the Campaign Reward Pool ends the Hamster Campaign. Wallet may revise the Campaign Reward Pool at any given time with no notice to the 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 Hamster Campaign. The exact APY structure for this Hamster Campaign can be found at FAQ section. The APY structure is not fixed and may change at Wallet’s discretion. 
  4. Rewards are calculated daily in HAMSTER based on the Deposit balance of the previous calendar day in HAMSTER and are paid out in HAMSTER.
  5. Users can claim their Accrued Rewards any day after the official public listing of HAMSTER, but not longer than within the 7 calendar days after the Campaign End Date. Please note that 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 these Rewards.
  6. Rewards are not automatically distributed. A User receives the Rewards by clicking on the “Claim rewards” button that will update the User’s HAMSTER balance in Wallet. The minimum withdrawal amount for Rewards is 1 HAMSTER.

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 Hamster Campaign and even end it. Your participation is at your own risk.

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