What Is Simple Earn Flexible Term Bonus?
- During the event, successfully lent Simple Earn flexible funds within the bonus range is eligible for bonus rewards.
- Bonus is an extra reward on top of Simple Earn's standard annualized returns and the bonus APR is subject to change.
- The bonus for this event is available on a first-come, first-served basis and is limited in total amount. There is also an individual cap on bonus; once the cap is reached, a user will not receive more bonus. For each eligible order, the bonus calculation applies only to the principal amount within the specified ranges.
- Bonuses will be distributed to your Spot/Unified Account daily starting at 00:00 (UTC). You can check them in [History] - [Flexible Term] - [Bonus]. The amount is subject to the actual distribution.
- If the token you invest (A) is different from the bonus reward token (B), the platform will pay you an equivalent value in token B based on the bonus APR.
- Bonus is only available for users who have completed identity verification. If a user has more than one account, the bonus will be distributed to only one of the accounts randomly.
- The actual bonus received is based on the settled return rate, and the bonus cap for each user depends on the specific event settings. Gate reserves the right to adjust the bonus APR during the event.
