What is Supercharger?

The Supercharger is a simple, flexible, and secure rewards platform that allows users to stake tokens (with the option to withdraw at any time) in order to earn the most popular crypto on the Crypto.com Exchange and Crypto.com App.

Who can participate in a Supercharger event?

Crypto.com App users outside of Hong Kong SAR, Mainland China, and the USA.

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 stake 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 or your App Wallet, depending on what you have selected.

Crypto.com Exchange

  1. Login to Crypto.com Exchange

  2. Navigate to the Supercharger page

  3. Click into the Supercharger event

  4. Stake* to the pool by clicking “Charge Now

  5. Accept Reward amount allocated to you

  6. Wait for rewards to be distributed**

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

**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 rewards score. The rewards will be automatically deposited into your spot trading account on Crypto.com Exchange or your App Wallet.

How does it work?

When a Supercharger event is in the “Charging Period”, users can stake and withdraw tokens from the rewards 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 rewards score they accumulated during the Charging Period. Rewards are distributed evenly on a daily basis during the Reward Period.

Users can withdraw their crypto from the rewards 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 If the CRO is not withdrawn within the given timeframe it will be automatically placed for the next event.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

Minimum Stake: 100 CRO per stake

Stake & Withdrawal limits: Unlimited

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

Acceptance Period*: Immediately after the Charging period ends, we will determine your rewards 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 rewards pool

Reward distribution frequency: Daily

Reward amount daily: Total reward divided by 30 or 45

Distributed to: Crypto.com App or Crypto.com Exchange spot wallet, whichever platform you staked to*

*Reward delivery to the Crypto.com App starts from 2021-10-01 21:00:00 UTC; any events that had a reward acceptance period prior to this date will have rewards delivered to Exchange only

Calculating your Rewards Score & Reward

Rewards Score Calculation

Note: If your CRO balance is below a minimum amount, you will not be eligible to receive a reward. This minimum amount may be different for each event and is determined by factors including the amount of CRO you have staked for the event, the staking duration, duration of the event, and size of the pool.

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

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

Step 2: Calculate the total crypto provided per user

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

At the end of the Charging Period, we will add up the crypto provided by each user every hour during this 30 day period.

For example, Alice provides 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 stakes 200 CRO for 10 hours per day from day 21 to day 30

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

Step 3: Calculate your Rewards Score

All participants' final crypto amount will be summed up as total crypto from all users.

For the above example, Alice's reward score will be calculated as follows:

  • If total crypto from all users in this 30-day period is 4,400,000 from day 1 to day 30 then for the above example where Alice's crypto provided over the 30 days period is 44,000 then

  • Alice's Reward Score = 44,000 / ((4,400,000) * 30 days * 24 hours) = xx %

Calculating your rewards

Step 4: Calculate reward token per user

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

For example, say the total reward pool is 1,000,000 HBAR (Fixed value of USD500,000 divided by HBAR:USDT rate at Day 1 of the Reward Period). Since Alice’s crypto share is 1%, she will get 1,000,000 * 1% = 10,000 HBAR tokens.

Accepting your rewards

Step 5: Accepting your reward

Immediately after the Charging period ends, we will determine your rewards Score and HBAR reward according to the above terms. Once 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 Exchange/App account and go to the Supercharger page.

Your total reward will be divided and distributed to you daily over the Reward Period.

To ensure that you receive the full reward amount, you must accept your allocation before the Reward Period begins.

If you fail to accept your reward allocation before the Reward Period begins, you will lose the portion of the reward that was scheduled to be distributed to you during the start of the Reward Period. If this happens, you are still entitled to the remaining portion of your reward, as long as you log in to the Exchange/App and accept your allocation during the Reward Period.

Example: At the end of the Charging Period, you are allocated a total reward amount of 10,000 HBAR tokens.

  • Scenario 1: If you accept your reward allocation before the Reward Period begins, you will receive the entire reward allocation of 10,000 HBAR (333.33 HBAR per day over the next 30 days) by the end of the Reward Period.

  • Scenario 2: If you accept your reward allocation 3 days after the start of the Reward Period, you will receive a total of 9000 HBAR (333.33 HBAR for the 27 remaining days) by the end of the Reward Period.

Is there a limit on how much I can contribute?

  • The minimum stake is 100 CRO.

  • There is no maximum limit on how much you can contribute to the event, you can stake 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 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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