Sale Amount & Subscription Price:
Total ETH Supply: $250,000 USD worth of ETH
Discount rate: 25%
How can I participate in the ETH special event on The Syndicate Lite?
To participate in the ETH special event, you need to:
Successfully sign up as a Crypto.com Exchange user (for a step-by-step guide, click here).
Stake at least 10,000 CRO in the Crypto.com Exchange account (for a step-by-step guide, click here).
Use CRO to subscribe for ETH at a 25% discount during the subscription period.
Not be a citizen and resident of the United States, China, or Hong Kong.
How do I stake CRO on Crypto.com Exchange and what are the benefits of staking?
Staking CRO on the Exchange will give you the following benefits:
If you have staked at least 10,000 CRO, become eligible to participate in the Syndicate’s listing event
CRO rebate when you pay trading fees with CRO
20%p.a. Interest, paid daily
What’s the minimum amount of CRO I need to stake in order to participate in the ETH special event?
In order to enjoy the 25% discount on ETH, you must have first staked a minimum amount of 10,000 CRO. The amount of CRO you have staked will determine the maximum amount of CRO you can use to subscribe for ETH at 25% discount:
**The maximum allocation in CRO stated in the table above is indicative and for reference only. Please visit crypto.com/exchange/syndicate on the special event day to view the final maximum allocation.
For example, if a user staked 500,000 CRO, s/he can contribute a maximum of 330,000 CRO to subscribe for ETH at 25% discount during the subscription period.
Crypto.com Exchange users will be able to subscribe for ETH by contributing an amount of CRO tokens not exceeding their respective maximum allocation.
Staked CRO tokens may not be used to subscribe for ETH in this event.
When can I participate in the ETH special event?
Please refer to the special event timeline below:
As stated in the timeline above, the subscription period will begin on 14 April 2020 at 6am UTC, and it will last for 24 hours.
To participate in the special event during the subscription period, place your subscription order by visiting crypto.com/exchange/syndicate.
How do I find out how much I get allocated?
At the end of the Subscription Period, we will determine your final allocation of ETH according to the terms set out above.
Once the final allocation is confirmed, you have the option to agree to it by doing so via The Syndicate detail page after you log in to the Crypto.com Exchange. The un-used CRO will also be refunded to your balance in the Exchange after you have indicated your acceptance/rejection of the final allocation.
You will forfeit your final allocation if you do not take action within 24 hours following the end of the Subscription Period.