Retrodrop
10% of the CHO total supply will be distributed to the community
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- one-time drop [3% of the CHO total supply]
- ongoing airdrop program [0.8% of the CHO total supply in the 1st year]
- ongoing airdrop program [6.2% of the CHO total supply in the 2nd+ years]
3% of the CHO total supply will be distributed to the community, including:
Retrodrop based on the CRPT holding snapshots during 2021 Retrodrop will be distributed in 4 equal batches. The 1st batch will be distributed at the end of the 1st quarter*, and the remaining ones will be distributed at the end of the each of the following 3 quarters.
Lock-up period: 12 months (for each batch)
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Release: 6-month linear release that follows the lock-up (for all batches)
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*The 1st quarter starts once the preparation period ends (see the explanation below)
Retrodrop based on the crypto2fiat tx activity during 2021 Retrodrop will be distributed in 4 equal batches. The 1st batch will be distributed at the end of the 1st quarter*, and the remaining ones will be distributed at the end of the each of the following 3 quarters.
Lock-up period: 12 months (for each batch)
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Release: 6-month linear release that follows the lock-up (for all batches)
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0.8% of the CHO total supply will be distributed to the community in the first year, including:
Ongoing reward for CRPT holders Rewards are allocated once the CRPT tokens are deposited (rewards are locked). Rewards are linearly released over the following 24 months after the deposit period ends.
Ongoing cashback for the crypto2fiat tx activity in Crypterium App Rewards are linearly released over the 24 months following the month when the crypto2fiat tx activity is measured
Ongoing program conducted by the marketing team (different activities) Deposit / Lock / Distribution: varies depending on activities (usually they come with no lock up and short vesting period). Decision will be made by the marketing team on a case-by-case basis.
6.2% of the CHO total supply will be distributed to the community in the 2nd+ years.
Terms and conditions will be announced later.
1.What is this airdrop for?
As a thank-you for your long-term support, we are conducting this airdrop program aimed at rewarding CRPT holders and users of the Crypterium App.
2. How many CHO tokens are allocated for this activity?
2% of the CHO total supply (20 mCHO) for the one-time airdrop
3. Who is eligible for the airdrop?
Users should meet the following criteria: (A) funds of no less than 1 CRPT should have been held in the Crypterium App during 2021; (B) ongoing balance is no less than 70% of the average amount of CRPT that user held during 2021. Details: In order to be qualified for the 1st quarter batch, during the 1st quarter user should have no less than 70% of the average amount of CRPT that user held during 2021; In order to be qualified for the N-th quarter batch, during the N-th quarter user should have no less than 70% of the average amount of CRPT that user held during 2021.
4. What will happen to the funds if a user met criterion (A) but didn’t meet criterion (B)?
Unfortunately, user will not qualify for the airdrop.
5. I was holding CRPT on my saving account, does that count?
Yes, both wallet and saving account balances are taken into account when we calculate the average amount of CRPT holdings.
6. I was holding CRPT on my saving account, does that count?
Yes, both wallet and saving account balances are taken into account when we calculate the average amount of CRPT holdings.
7. How can I see my average CRPT holdings in the new period?
We will share this info in the Google Spreadsheets (to be shared later)
8. Why only Crypterium users are eligible for the airdrop?
CRPT token was designed to serve as a crypto2fiat gas for operations in the Crypterium wallet. That’s why at the beginning of the App launch we stimulated users to hold their tokens in Crypterium wallet and take advantage of such opportunities, as Monthly Loyalty Program and saving accounts with high APY
9. Where can I find the amount of CHO tokens that are allocated for me?
You can find your CRPT average holdings for 2021 in the Google Spreadsheet (to be shared later)
10. When can I get my CHO tokens?
Retrodrop will be distributed in 4 equal batches. The 1st batch will be distributed at the end of the 1st quarter, and the remaining ones will be distributed at the end of the each of the following 3 quarters.
The 1st quarter starts once the preparation period ends (specific dates TBD) Lock-up period: 12 months (for each batch) Release: 6-month linear release that follows the lock-up (for all batches)
Key numbers:40 242 640 CRPT (≈ 50% of the circulating supply!) were held on average during 2021 in Crypterium wallets31 006 CRPT holders with > 1 CRPT average holdings for 2021 in Crypterium app are eligible for the airdrop1 298 CRPT is an average amount of holdings during 2021 that belong to an average user who is eligible for the retrodrop645 CHO is an average retrodrop amount for an average user who is eligible for the retrodrop
1.What is this airdrop for?
As a thank-you for your long-term support, we are conducting this airdrop program aimed at rewarding CRPT holders and users of the Crypterium App.
That’s why we have selected a group of users with the highest crypto2fiat transactional volume for 2021.
2. How many CHO tokens are allocated for this activity?
1% of the CHO total supply (10 mCHO) for the one-time airdrop
3. How the personal allocation was calculated?
It was calculated according to the following formula: user’s total volume of crypto2fiat operations in 2021 related to the total volume of crypto2fiat operations in 2021 made by this group of users multiplied by the reward amount allocated to Crypto2fiat tx retrodrop
4. Who is eligible for the airdrop?
Users should meet the following criteria:
- Reach the top 10000 list with the highest crypto2fiat volume in 2021
- In order to be qualified for the 1st quarter batch, during the 1st quarter user's average CRPT balance should be more than the lesser of the 500 USD and 1000 CRPT; In order to be qualified for the N-th quarter batch, during the N-th quarter user's average CRPT balance should be more than the lesser of the 500 USD and 1000 CRPT.
5. How can I see my average Crypto2fiat tx volume in the new period?
We will share this info in the Google Spreadsheets.
6. Where can I find the amount of CHO tokens that were allocated for me?
You can find your Crypto2fiat tx volume for 2021 in the Google Spreadsheet (to be shared later)
7. When can I get my CHO tokens?
Retrodrop will be distributed in 4 equal batches. The 1st batch will be distributed at the end of the 1st quarter*, and the remaining ones will be distributed at the end of the each of the following 3 quarters.
*The 1st quarter starts once the preparation period ends (specific dates TBD)
Lock-up period: 12 months (for each batch) Release: 6-month linear release that follows the lock-up (for all batches)
Key numbers:Top 10 000, with the highest crypto2fiat transactional volume for 2021 will be eligible for 10m CHO
1.What is this airdrop for?
This program provides powerful reward incentives for: new users to get up to speed with the Choise.com ecosystem; current users to stay with Choise.com on its way to DeFi mass adoption.
2. How many CHO tokens are allocated for this activity?
0,3% of the CHO total supply (3 mCHO) in the first year of the ongoing airdrop program. For each next period budget will be approved by the end of the previous period.
3. Who is eligible for the airdrop?
Users of the Crypterium App who stake tokens in their Deposit accounts. The amount should be no less than 1000 USD or 10 000 CRPT depending on which one is lower.
4. When does the program start?
The program is planned to be released in Q2.
5. How CHO rewards will be calculated?
Tokens are allocated on a FCFS basis. Once the quarter budget is over, no more participants are accepted. Total budget for the next year is always approved at the end of the previous year. three-months lock – 20% APR six-months lock – 25% APR twelve-months lock – 30% APR
6. When can I get my CHO rewards?
Rewards are allocated once the CRPT tokens are deposited (rewards are locked). Rewards are linearly released over the following 24 months after the end of your deposit period.
1.What is this airdrop for?
This program provides powerful reward incentives for: new users to get up to speed with the Choise.com ecosystem; current users to stay with Choise.com on its way to DeFi mass adoption.
2. How many CHO tokens are allocated for this activity?
0,1% of the CHO total supply (1 mCHO) in the first year of the ongoing airdrop program. For each next period budget will be approved by the end of the previous period.
3. When does the program start?
The program is planned to be released in Q2.
4. When can I get my CHO rewards?
Rewards are linearly released over the 24 months following the month when the crypto2fiat tx activity is measured.
5. Who is eligible for the airdrop?
Users of the Crypterium App who made crypto2fiat tx amounting to > 1000 EUR/month during the month that preceded the announced date (TBA)
Users who have maintained an average CRPT balance of no less than 500 USD (this amount can be revised on the yearly basis) during the month.
6. How CHO rewards will be calculated?
Tokens are allocated on a FCFS basis. Once the quarter budget is over, no more participants are accepted. Total budget for the next year is always approved at the end of the previous year. Every eligible user will get a reward according to the c2f tx volume for the previous month:
(a) Crypto2fiat tx > 1000 EUR/month —> 5% cashback
(b) Crypto2fiat tx > 5000 EUR/month —> 8% cashback
1.What is this airdrop for?
This program provides powerful reward incentives for: new users to get up to speed with the Choise.com ecosystem; current users to stay with Choise.com on its way to DeFi mass adoption.
2. How many CHO tokens are allocated for this activity?
0,1% of the CHO total supply (1 mCHO) in the first year of the ongoing airdrop program.
For each next period budget will be approved by the end of the previous period.
3. How the CHO rewards will be calculated?
Will be announced later
4. When can I get my CHO rewards?
Deposit / Lock / Distribution: varies depending on activities (usually they come with no lock up and short vesting period).
Decision will be made by the marketing team on a case-by-case basis.
5. Who is eligible for the airdrop?
Users who met the terms of the particular activity (the list of activities and their terms are provided by the marketing team). Users should hold the CRPT amount equivalent to no less than 500 USD to participate in these activities.
(1) Parameters of the ongoing program can be revised.
(2) Users from some jurisdictions will not be able to apply for the airdrop. The list of prohibited jurisdictions will be announced soon.
(3) As a thank-you for your long-term support, we are conducting this airdrop program aimed at rewarding CRPT holders and users of the Crypterium App. For users of the Choise.com DeFi services we have a separate promotional program, more of its terms and conditions later. Soon afterwards, it will be possible to receive additional APR for staking CHO tokens.
(4) We reserve the right to modify these Terms and Conditions at any time and at our sole discretion with or without notice to users. Any such modification will take effect immediately upon public posting. Your continued participation in the incentive programs after any such modification becomes valid constitutes your acceptance of these modified Terms.
Last modified 9mo ago