TL'DR
Contribute to the first $2 million in deposits on ApeX Omni to unlock a 35% APR in MNT tokens in ApeX Omni Deposit Boost.
Ensure that your deposits exceed 1,000 USDT and that you rack up a trading volume of over 30,000 USDT to qualify for rewards.
Make a deposit from any of our 5 supported chains or utilize our one-click migration feature to seamlessly transfer your USDT assets from ApeX Pro to Omni, boosting your net deposits in this campaign.
Buckle up, ApeXers, we're unleashing ApeX Omni Deposit Boost — our latest deposit campaign.
From September 26, 2024, 10AM UTC to October 17, 2024, 10AM UTC, turbocharge your earnings on ApeX Omni with a 35% APR on net-effective deposits in MNT tokens.
Simply make a deposit on ApeX Omni via any of our 5 supported chains to get started. Plus, with our one-click migration feature, you can seamlessly transfer your USDT assets from Pro to Omni and contribute to your net deposits in ApeX Omni Deposit Boost!
Don't miss this opportunity to maximize your earnings! Let's dive in for all the details.
How to Get Started
ApeX Omni Deposit Boost will run for 3 action-packed weeks, kicking off on September 26, 2024, at 10AM UTC and concluding on October 17, 2024, at 10AM UTC.
Here's how you can join:
Sign up: Head to our designated landing page and register for the campaign.
Create an ApeX Omni Account: If you're new to ApeX Omni, create an ApeX Omni account by connecting your wallet.
Don't forget to mint your ApeSoul (SBT) and establish your digital identity (DID) on ApeX Social to earn a complimentary Welcome Box, packed with crypto or real-world prizes, including bonuses, ApeX Social Points, a Lamborghini, Apple Vision Pro, new iPhone and much more! Should you need more details on how to get started, head to our blog.
Make a deposit on ApeX Omni: To qualify for the rewards, you'll need to meet 2 key criteria:
First, your deposits on ApeX Omni must exceed 1,000 USDT. You can make deposits from any of our 5 supported chains: Ethereum, BNB Chain, Arbitrum, Mantle, and Base. Additionally, your assets from ApeX Pro transferred via one-click migration will also count towards your net deposits.
Second, you must rack up a trading volume of more than 30,000 USDT on ApeX Omni during the campaign period. Please note that if you don't meet the trading volume requirement, you won't be able to claim your rewards, regardless of your deposit amount.
Reward Distribution and Prize Pool
To earn rewards in ApeX Omni Deposit Boost, make sure to be among the depositors who contribute to the first $2 million pool and unlock a 35% APR. Your rewards will be calculated based on net deposits made on ApeX Omni, which consider both your deposits (including 1-click transfers) and withdrawals, weighted by the time they remain in your account.
Here's how we determine your effective deposit:
Deposit Amount = Total deposits on all chains during the campaign + USDT one-click transfers from Pro to Omni.
Withdrawal Amount = Total withdrawals during the campaign period.
Effective Deposit = ∑[Deposit Amount (Time Left / Total Campaign Duration)] - ∑[Withdrawal Amount (Time Left / Total Campaign Duration)]
As the prize pool is calculated at 35% APR over 3 weeks, the estimated reward calculation formula would be:
Estimated Reward Amount = Effective Deposit * 0.0201369863
Please note that the campaign duration is measured in hours, with a total of 504 hours. Rewards will be distributed based on the ranking of valid deposits in the order they are received, on a first-come, first-served basis, until the reward pool is depleted. So, the sooner you participate, the better your chances of maximizing your rewards! To ensure fairness, individual rewards are capped at a maximum of $1,000 worth of MNT tokens.
Example
Let's illustrate how reward calculation works with a practical example. If Alice deposits 10,000 USDT on September 26, 2024, 10AM UTC and it remains in her account for 3 weeks until October 17, 2024, 10AM UTC, her estimated reward can be calculated as follows:
$10,000 * 0.0201369863 = 201.37 USDT worth of MNT tokens
Should Alice like to maximize her rewards, Alice would need to deposit approximately 49,659 USDT and hold it in her account for the duration of the entire campaign.
One-Click Migration
Take advantage of our one-click migration feature to easily transfer assets from your ApeX Pro account to ApeX Omni and contribute to your net deposits in ApeX Omni Desposit Boost. Please note that on October 30, 2024, ApeX Pro will cease support for all USDT perpetual markets, migrating all existing trading pairs to ApeX Omni.
Use one-click migration to transfer your USDT assets from your ApeX Pro account to your ApeX Omni account within 5-10 minutes, with 0 fees. As part of our ongoing event — ApeX Omni Migration Boost, once you transfer you USDT to Omni, you can receive a complimentary $20 bonus and a mystery box. Check all the details about this campaign here.
Please note, with one-click migration, Only USDT balances can be migrated from ApeX Pro to ApeX Omni and once assets are transferred, the migration is irreversible, and assets cannot be transferred back to your ApeX Pro account. Also, please note that your trading bonuses on ApeX Pro will not be included in the asset transfer during the migration. Check out our tutorial video to guide you through the process.
Don't miss this golden opportunity to supercharge your earnings with ApeX Omni Power Boost! Start depositing and racking up your trades to maximize your rewards. With an enticing 35% APR awaiting you, it's time to power up your profits and elevate your trading experience to new heights!
Terms and Conditions
The ApeX Omni Deposit Boost is a deposit campaign hosted by ApeX Protocol on ApeX Omni, running from September 26, 2024, at 10 AM UTC to October 17, 2024, at 10 AM UTC.
Participants contributing to the first 2,000,000 USDT in net deposits during the campaign period will be eligible for rewards with 35% APY. The maximum individual reward is capped at MNT tokens worth $1,000.
To qualify for rewards, users must sign up for the campaign on the designated landing page and make deposits after completing a registration. Only deposits made during the campaign period will be counted towards rewards.
To qualify for rewards, users must meet the following criteria:
Make a minimum deposit of 1,000 USDT on ApeX Omni during the campaign period.
Achieve a minimum trading volume of 30,000 USDT on ApeX Omni during the campaign period.
Only users who deposit at least 1,000 USDT and exceed a trading volume of 30,000 USDT during the campaign will be eligible to claim rewards. If the trading volume and/or minimum deposit requirements are not met, users will be ineligible for rewards.
Deposits include direct deposits made on ApeX Omni as well as assets transferred from ApeX Pro to ApeX Omni using the new 1-Click Migration feature.
The new 1-Click Migration feature enables a one-time transfer of USDT assets from your ApeX Pro account to your ApeX Omni account.
Once initiated, the asset transfer is irreversible, and a user cannot move the assets back to the ApeX Pro account.
Trading bonuses and other non-USDT rewards on ApeX Pro will not be included in the migration and will remain in your ApeX Pro account.
Rewards will be distributed based on the ranking of valid deposits, in order of submission, on a first-come, first-served basis, until the reward pool is exhausted.
Rewards are based on "effective deposits," which account for both deposits and withdrawals, with consideration given to how long the funds stay in your account. The calculation is done in hours.
Trading losses or profits during the campaign do not impact the calculation of "effective deposits"; only withdrawals and deposits do.
The campaign landing page does not feature a reward distribution function. Instead, reward tokens will be airdropped to the winning addresses.
In the event of a delay due to technical issues, rewards will be redistributed within 30 days following the event's conclusion.
There are no restrictions on the number of participants who can join the competition.
Market makers are excluded from this event.
Participation in botting, cheating, or submitting duplicate entries will result in disqualification. Using multiple accounts will lead to forfeiture of rewards.
The ApeX team reserves the right to modify these terms and conditions at its discretion, and holds the final interpretation rights for this event. For inquiries, contact us via the ApeX official Discord server.