What is Supercharger?

The Supercharger is a simple, flexible, and secure liquidity mining platform that allows users to deposit tokens (with the option to withdraw at any time) in order to mine the most popular DeFi tokens on the Crypto.com Exchange and Crypto.com App.

Who can participate in a Supercharger event?

Crypto.com App users except for residents and citizens of Hong Kong SAR, Mainland China, and the USA.

AND/OR

Any verified Crypto.com Exchange user (Level: Starter or Advanced) is eligible to participate in the Supercharger events.

How do I participate?

Crypto.com App

  1. Open the Crypto.com App

  2. Look for the Supercharger banner on the home screen or the Super App menu.

  3. Click into the latest Supercharger Event by clicking on “Learn More”

  4. Select “Charge Now”

  5. Select a supported cryptocurrency from your Crypto Wallet and enter the amount you like to deposit into the pool.

  6. Once the charging period for the event is over, accept the reward amount allocated to you.

  7. Wait for rewards to be distributed on the Crypto.com Exchange***.

Crypto.com Exchange

  1. Login to Crypto.com Exchange

  2. Navigate to the Supercharger page

  3. Click into the Supercharger event

  4. Deposit* to the pool by clicking “Deposit to Supercharger

  5. Accept Reward amount allocated to you

  6. Wait for rewards to be distributed**

*Multiple deposits are allowed per user. Deposits must be from the user’s Crypto.com Exchange spot trading account or Crypto.com App's crypto wallet. Minimum 100 CRO per deposit

**Once the Charging Period for the event is over, accept the Reward terms, and receive rewards (evenly distributed over 10, 30, or 45 days) based on your liquidity score. The rewards will be automatically deposited into your spot trading account on Crypto.com Exchange.

*** Crypto.com App Supercharger participants must sign up to Crypto.com Exchange to access their rewards.

How does it work?

When a Supercharger event is in the “Charging Period”, users can deposit and withdraw tokens from the liquidity pool as often as they wish.

The Reward Period begins after accepting the Reward terms during the Acceptance Period. Users' rewards are based on the liquidity score they accumulated during the Charging Period. Rewards are distributed evenly on a daily basis during the Reward Period.

Users can withdraw their liquidity from the Supercharger pool at any time after the distribution. If the CRO is not withdrawn within the given timeframe it will be automatically placed for the next event.

A. CHARGING PERIOD

Duration: 10, 30, or 45 days

Deposit Minimum: 100 CRO per deposit

Deposit & Withdrawal limits: Unlimited

Deposit from: Crypto.com Exchange spot wallet, Crypto.com App crypto wallet

Acceptance Period*: Immediately after the Charging period ends, we will determine your liquidity score and reward tokens according to the terms set out above. Once this is confirmed, you have the option to accept it anytime before the Reward period ends.

*If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed.

*App users can accept their allocation in the Crypto.com App

B. REWARD PERIOD

Duration: 30 or 45 days (after Charging Period ends)

Total Reward amount: Pro-rata based on user's share of the total liquidity pool

Reward distribution frequency: Daily

Reward amount daily: Total reward divided by 30 or 45

Distributed to: Crypto.com Exchange spot wallet*

*Crypto.com App Supercharger users will need to open a Crypto.com Exchange account to receive their reward allocation.

Calculating your Liquidity Score & Reward

Liquidity Score Calculation

Step 1: Take an hourly snapshot of liquidity provided per user

Throughout the Charging Period, one snapshot of the liquidity pool would be taken every hour and the liquidity provided by each user would be logged.

Step 2: Calculate the total liquidity provided per user

In every snapshot taken, we will capture the liquidity provided by each user.

At the end of the Charging Period, we will add up the liquidity provided by each user every hour during this 10, 30, or 45 days period.

For example, Alice provides liquidity as follows:

  • 100 CRO from day 1 to day 10 for 24 hours per day

  • She withdraws her 100 CRO and from day 11 to day 20 is providing 0 CRO

  • She deposits 200 CRO for 10 hours per day from day 21 to day 30

  • Her total liquidity provided will be (100*24*10)+(0*10)+(200*10*10) = 44,000

Step 3: Calculate liquidity share per user

All user's contributions will be summed up as total liquidity from all users. Liquidity share per user equals the total liquidity provided per user divided by total liquidity from all users.

For example, if total liquidity from all users in this 30-day period is 4,400,000, then Alice’s liquidity share is 44,000/(4,400,000x720)=1%.

Over the 10 days (240 hours), 30 days (720 hours), or 45 days (1080 hours) of the charging period, we take snapshots of

  • each user's balance hourly

  • total pool balance hourly

Since the user's balance and the total pool balance can change over time, your liquidity score calculated by our system takes all of this into account.

Your liquidity score is calculated by the (sum of all your hourly balance snapshots) divide by the (sum of all the hourly pool size snapshots).

The event's total liquidity pool amount will be provided on the final allocation page.

The pool size information in our supercharger event page only shows the current total pool size.

Reward Calculation

Step 4: Calculate reward token per user

Each user will receive the reward token pro-rata to their share of total liquidity. Reward token distributed to each user equals the quantity of reward token in one pool times liquidity share per user.

Total reward token supply is based on the event's total reward (USD) divided by spot price (USD), determined at the end of the Charging Period.

Example:

  • Event's total reward is USD 5,000,000

  • The spot price of UNI: USD= 1 UNI:5 USD (Determined at the end of Charging Period)

  • The total reward pool is 1,000,000 UNI

  • Alice’s liquidity share is 1%

  • She will get 1,000,000*1%= 10,000 UNI tokens as her total reward

Acceptance Period

Step 5: Accepting your reward

Immediately after the Charging period ends, we will determine your liquidity score and token rewards according to the terms set out above. Once this is confirmed, you have the option to accept it anytime before the Acceptance and Reward period ends.

To accept your reward, log in to your Crypto.com App account and visit the Supercharger event detail page.

Your reward is scheduled to be distributed evenly over the Reward period to the Crypto.com Exchange.

If you accept before the first day of reward distribution, you will receive the full rewards for the remaining days of the reward period.

If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed.

Example:

You are set to receive 10,000 UNI tokens over the course of the Reward Period of 30 days (333.33 UNI per day for 30 days).

  • Scenario 1) If you accept your reward terms before the Reward Period begins, you will receive 333.33 UNI for 30 days.

  • Scenario 2) If you accept your reward terms on day 3 of the Reward Period after the 3rd day’s reward is distributed, you will receive 333.3 UNI for the 27 remaining days.

Reward Distribution

Step 6: Calculate reward token distributed daily per user

Reward token calculated in step 4 will be accrued linearly in the Reward Period.

After the user has successfully accepted the reward terms, the reward token calculated in step 4 and accepted in step 5 will be distributed.

Distribution will be evenly split into 30 or 45 days, and the user is entitled to all 30 or 45 days if the user accepts the terms before the Reward distribution period begins.

Daily reward is credited at 00:00 of the next day

If you accept before the first day of reward distribution, you will receive the full rewards for the remaining days of the reward period.

If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed.

Scenario:

10,000 UNI tokens= total reward

Alice will get 10,000/30=333.33 UNI tokens credited daily during the Reward Period.

Accepted Before Reward Period Example:

Alice will get 10,000/30=333.33 UNI tokens credited daily during the Reward Period for 30 days.

Accepted During Reward Period Example:

Alice accepts the terms on the 5th day, therefore, she will get 8333.35/25=333.33 UNI tokens credited daily during the Reward Period for 25 days.

Is there a limit on how much I can contribute?

  • The minimum deposit is 100 CRO.

  • There is no maximum limit on how much you can contribute to the event, you can deposit as many times as you would like during the Charging Period.

How to withdraw from a Supercharger event?

You can withdraw your contribution (partially or fully) at any time 10, 30, or 45 days from the Supercharger pool.

  1. Login to Crypto.com App or Crypto.com Exchange

  2. Navigate to the Supercharger event from your accounts tab (Crypto.com App) or dashboard (Crypto.com Exchange)

  3. Click on “withdraw your contribution

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