ApeXers, we're excited to introduce our latest campaign, ApeX Omni Earnings Blitz! Get ready to maximize your returns as you embark on our exciting deposit journey.
Between August 28, 2024, at 10AM UTC and September 18, 2024, at 10AM UTC, simply add funds to your ApeX Omni account to earn a 22% APY on effective deposits in MNT tokens.
What's more, get set for our new one-click migration feature, streamlining your USDT asset transfer from ApeX Pro to ApeX Omn. This streamlined process not only simplifies asset migration but also counts toward your campaign deposits, increasing your reward potential.
Ready for the full scoop? Let's dive in.
How to Get Started
Starting August 28 through September 18, 2024, you've got three weeks to earn some great rewards just by depositing on ApeX Omni. Follow these simple steps to get started:
Sign up: Get started by registering for the campaign on our designated landing page.
Create an ApeX Omni Account: If you haven't already, create an account on ApeX Omni and mint your ApeSoul (SBT) to establish your digital identity (DID).
For New Users: Signing up on ApeX Omni earns you a free Welcome Box on ApeX Social, which unlocks crypto or real-world prizes, including bonuses, ApeX Social Points, Black Myth Wukong, Apple Vision Pro, Saga, Bitcoin Sneakers, and even a Lamborghini! Should you need more details on how to get started, head to our blog.
Make a Deposit on ApeX Omni: In order to qualify, deposit a minimum of 1,000 USDT into your ApeX Omni account from any of our 5 supported chains, Ethereum, BNB Chain, Arbitrum, Mantle, and Base. As mentioned above, your migrated assets from ApeX Pro will also count towards your net deposit.
Reward Distribution and Prize Pool
To qualify for rewards in the ApeX Omni Earnings Blitz, make sure to be among the first $2 million in deposits to unlock a 22% APY. 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 to calculate your net deposit amount:
Total Deposit Amount = Total Deposits Made During the Campaign + ApeX Pro USDT One-Click Transfers to ApeX Omni
Withdrawal Amount = Total Withdrawals Made During the Campaign
Net Deposit = ∑[Deposit Amount (Time Left / 504 hours)] - ∑[Withdrawal Amount (Time Left / 504 hours)]
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 break down how rewards are calculated with a simple example. If Alice makes an effective deposit of 1,000 USDT on August 28, 2024, at 10AM UTC, her rewards will be calculated as follows: ((1,000*22%) / 365) (3*7) ≈ $12.7
For each 1 USDT of effective deposit, her reward would be: 12.7 / 1000 ≈ $0.0127
If Alice's final effective deposit amount is 83,260 USDT, her final reward will be: 83,260*0.0127 ≈ $1,054
Since the maximum rewards per user are capped at 1,000 USDT, Alice will receive $1,000 in MNT tokens.
How Does One-Click Migration Work?
We're excited to introduce the addition of our new one-click migration feature, designed to make your transition from ApeX Pro to ApeX Omni seamless and rewarding. ApeX Pro will soon discontinue support for USDT perpetual markets, so we encourage you to migrate your USDT balance to ApeX Omni as soon as possible to ensure uninterrupted trading.
With this feature, you can effortlessly transfer your USDT assets from your Pro account to your ApeX Omni account in just 5-10 minutes with no fees accrued. It's important to note that currently, only USDT balances can be migrated from ApeX Pro to ApeX Omni. Please be aware that once assets are transferred, the migration is irreversible, and these assets cannot be transferred back to your ApeX Pro account. Additionally, your trading bonuses on ApeX Pro will not be included in the asset transfer during the migration.
By migrating your balance from ApeX Pro to ApeX Omni, you'll not only secure your trading continuity but also earn bonuses in USDT, so don't miss out on this opportunity to seamlessly transition your assets and boost your rewards!
Don't let this opportunity slip away — join the deposit campaign today and start your journey towards amplified rewards. Get started and earn big with ApeX Omni — 22% APY Awaits!
Terms and Conditions
The ApeX Omni Earnings Blitz is a deposit campaign hosted by ApeX Protocol on ApeX Omni, running from August 28, 2024, at 10 AM UTC to September 18, 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 22% 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, while the minimum qualifying deposit amount is 1,000 USDT.
Deposits include direct deposits made on ApeX Omni as well as assets transferred from ApeX Pro to ApeX Omni using the new migration feature.
The new 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.
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.
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.
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. Multiple accounts originating from the same IP address or device are prohibited from participating in the campaign.
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.