November Updates: WELCOME BONUS and SPY Game

YOLO team
YOLOrekt
Published in
4 min readNov 4, 2022

First off… for the month of November only, we have a new and updated WELCOME BONUS promotion happening — and it’s live right now!

Since we started offering the “Welcome Bonus,” we have seen an increase in users and bidders, which is a great thing. However, we have also observed some bad actors trying to create several accounts and only bid once to collect their bonuses before withdrawing. As a result, we’ve come up with a plan to curtail the mischief and at the same time, offer our users something better.

So what’s the new bonus?

The process is still the same, but we have added new conditions to withdraw bonus funds. In order to withdraw bonus money, you must have bid a total of 35 times the bonus amount. Don’t worry though, the more you bid — the more bonus amount you’ll receive.

For example, a user who deposits $100 USDC will receive an additional $100 USDC as a total bonus over time. So then users who bid 35 times the bonus amount ($3,500 USDC) will be able to withdraw 100% of the bonus amount.

The bonus amounts get unlocked in increments of 5%. Once the bid amount reaches 150% the total bonus amount, the bonus sums are unlocked in 5% increments. As a result, if the user bids 35 times, the entire bonus amount (100%) is completely unlocked.

The process for unlocking bonuses for withdrawal is detailed below:

The first deposit ($100 USDC) can be withdrawn at any time without any conditions or restrictions.

TL;DR guide for Welcome Bonus v2

  1. Visit YOLOREKT
  2. Register for a new account (no referral code necessary)
  3. Deposit funds (USDC) into your Wallet
  4. Get a 5% BONUS for every bid amount greater than $100, up to $1K
  5. Refer to the table above for a guide to withdraw amounts

Terms and Conditions

  • This promotion will start on November 4, 2022, and will end at midnight December 3, 2022.
  • The new bonus is exclusive to new users only and is limited to 1 (one) per new user — No referral code necessary.
  • For new users, the email address that is associated with the account must be successfully validated before a bonus can be awarded. The email address must also be validated before deposits are made with funds that lead to the receipt of bonuses. (If you want the bonus, validate your email before you do anything else.)
  • Maximum accumulated bonus is $1,000 USDC
  • Each user has 7 (seven) days to bid and claim the aforementioned ‘Bonus’ in the form of USDC. If the Bonus USDC is not claimed within this timeframe, it will be removed from your wallet due to inactivity.
  • Canvassing and creating multiple YOLOREKT accounts will lead to immediate disqualification and prompt closure of all affected accounts
  • The maximum bonus and bonuses up to 100% will be credited to a user’s account within 48–72 hours upon review of the account.
  • Once the bonus has been activated, users can check the rollover details before trying to withdraw the pertinent bonus amount
  • Please reach out to YOLOREKT (support@yolorekt.com) with any questions or concerns

SPY

By popular demand, we’ve added a new Game: SPY! (SPDR S&P 500 ETF Trust).

You can bid on SPY at anytime, and the game will only be live during the 6.5 hours that SPY is active on the exchange.

Try the new game

Stay connected…

As always, we’ll be running contests and will be posting daily updates, so make sure to follow our social channels and support communities.

Reddit | Twitter | Telegram | Discord | Website | Zendesk

About YOLOREKT

YOLOREKT is a Social Gamified Prediction Platform for crypto, stocks, and more — a social and fun way to bid on the future price of an asset. Provide in-game liquidity to earn game fees and YOLO rewards.

Visit us at yolorekt.finance

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YOLO team
YOLOrekt

YOLOREKT is a social, hyper-gamified approach to short-term prediction markets. Provide in-game liquidity or predict the future price of ETH, BTC, MATIC, & more