On top of the Twitter Campaign and Trading Competition launched with Bolt, we are excited to announce that we will also be releasing a HODL campaign for BOLT Token HODLers!
Event Mechanics
From 1 April, 12:00 SGT to 30 May, 12:00 SGT, HODL BOLT and earn from a pool of 10,000,000 BOLT!
To earn the BOLT rewards, participants will have to do the following:
- Commit a minimum amount of 20,000 BOLT into Switcheo Chest
- Committed BOLT tokens cannot be unlocked or used until the stipulated event end time
- Users may commit tokens after the event has started, but the amount of rewards earned will be pro-rated by the lock-up start date
- Only users who have fulfilled these criteria will be eligible to earn BOLT tokens
- BOLT tokens earned will be credited to the user’s wallet upon the end of the campaign
Reward Calculation: (Committed amount by user * Number of days locked) / Σ(Committed amount for each user * Number of days locked for each user) x Total pool amount
Scenario 1:
Scenario 2:
The more you HODL, the higher your bonus!
Keep calm and HODL on.
Event Rules:
- Only users who have fulfilled all the criteria throughout the campaign period will be eligible for the rewards
- Distribution of BOLT rewards will be conducted within 2 weeks at the end of the campaign
- Switcheo reserves the right to amend event rules or cancel the event at our sole discretion
For more information on the steps to commit your BOLT tokens, click on the link below:
To view Switcheo’s terms and conditions, go here.
