What is Flash Rewards? How to Participate in the EGLD Flash Rewards Campaign

All EGLD token holders are invited to the EGLD Flash Rewards initiative. Pledge up to 110 EGLD and receive an annual return of 10% on EGLD for a 14-day commitment.

What is Flash Rewards?

Flash Rewards is a unique offering within Crypto Earn, providing customers with promotional benefits on a particular digital asset. These rewards are ephemeral and only available for restricted periods. Users are required to secure their allocations for certain periods, such as a week or two, to avail themselves of these benefits.

How to Participate in the EGLD Flash Rewards Campaign

The EGLD Flash Rewards initiative is a short-term promotion offered to a specific group of Crypto.com App users. This initiative begins on May 9, 2024, at 10:00 UTC and concludes on May 23, 2024, at 10:00 UTC, or when the total limit of 5,600 EGLD is met. The primary coin for this initiative is EGLD, with a commitment duration of 14 days and an annual rewards rate of 10%.

The maximum and minimum allocations per participant are 110 EGLD and 0.7 EGLD, respectively. Participants are only permitted to partake in one Flash Rewards scheme concurrently. Notably, allocations from Flash Rewards do not contribute to the tiered rewards quota. Participants who have met their Tier 1 quota but have not exceeded the Earn allocation limit are qualified for the promotional rate.

Nonetheless, participants who have exceeded the Earn allocation limit are disqualified from participating. Moreover, participation does not require EGLD purchase from Crypto.com, but participants must hold EGLD in their Crypto.com App Wallet.

The EGLD Flash Rewards initiative is not accessible to residents of the United States, United Kingdom, Australia, Germany, Netherlands, France, Belgium, Japan, Korea, and other countries where Earn is not operative. Participants should thoroughly understand the eligibility criteria and limitations before engaging in this initiative.

EGLD Flash Rewards: Notes and Conditions

• EGLD Flash Rewards Campaign is for Crypto.com app users.
• Not available in the U.S., UK, Australia, Japan, Korea, and other non-Crypto Earn regions.
• Runs from 9th to 23rd May 2024 or until 5,600 EGLD cap.
• Eligibility needs KYC verification and onboarding in the app.
• Users exceeding Earn limits are ineligible.
• Rewards are automatically transferred at the end of the campaign.
• Crypto.com can modify or terminate a campaign at anytime.

In short

In conclusion, the EGLD Flash Rewards is a unique promotional initiative offered by Crypto.com, providing temporary benefits to eligible participants. Potential participants must understand the terms and conditions, including the eligibility criteria and geographical restrictions. Also, the conditions also include geographical restrictions, allocation limits, and the requirement for KYC verification. Participants should fully comprehend these conditions before deciding to participate in the campaign.