PLEASE READ THESE TERMS CAREFULLY. BY PARTICIPATING IN A PROMOTIONAL ACTIVITY, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL TERMS INCORPORATED BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS THEN DO NOT PARTICIPATE IN THE PROMOTIONAL ACTIVITY.
1. These terms and conditions (Agreement) apply to the promotional activity «Waves Exchange Cashback Campaign» (Promotional Activity). This Promotional Activity aims to promote stablecoin USDN (Token) and increase the number of its Users.
2. The Promotional Activity is executed by WX Development Ltd (Organizer).
3. This Agreement is a legal document, which sets the User's rights and obligations in relation to this Promotional Activity. By participating in Promotional Activity (clause 7 hereof), the User accepts the terms of this Agreement.
4. The Promotional Activity will last from 26 August 2020, 12:00 a.m. (UTC +0) till 09 September 2020, 23:59 p.m. (UTC +0) (Period of Promotional activity). The participants will be awarded with crypto Cashback and Promo prize.
5. Users that will receive crypto Cashback and the winners of Promo prizes will be determined on the final day of the Promotional Activity (10 September 2020).
6. All crypto Cashback and Promo prizes payments according to this Agreement will be fulfilled within 7 days after the final day of the Promotional Activity.
7. The User will receive crypto Cashback in the amount of 1 USDN for each 100 USD spent, provided that:
i) The User created an account on Waves Exchange https://waves.exchange/
or used an existing Waves Exchange's wallet (jointly referred to as – "Wallet");
ii) The User bought at least 100 USDN tokens ("Tokens") on the Waves Exchange with the bank card via the service provided by Waves Exchange and ADVANCED CASH LIMITED available at https://wallet.advcash.com/
; the acquired Tokens should be stored in the Wallet;
iii) The User staked the acquired USDN Tokens via the service "Staking" at https://waves.exchange/staking
iv) The User subscribed to the Waves Exchange Twitter account @Waves_Exchange and retweeted the Campaign tweet titled "#WEXSuperCombo is back!" (the Tweet). The retweet shall be accompanied with the hashtag "#WEXSuperCombo".
v) The User filled the application form available at the links given below (the Form). The User shall share the buying transaction ID, the number of USDN staked, the Wallet address and the twitter account where the retweet was posted (Wallet registration). https://docs.google.com/forms/d/e/1FAIpQLSfBqfBDzcjyJ5o_GM_dvMFKmYzuATxylCNxlIzhCCfnGOGy5g/viewform
(the Form in English) https://docs.google.com/forms/d/e/1FAIpQLSfO01eNfnWzf2JIxH01gBZthi0IOy_8hb8OFvxXKy5e1eagbA/viewform
(the Form in Russian).
The Maximum amount of USDN staked as well as the crypto Cashback is unlimited. The minimum amount to partake in the Promotional Activity is 100 staked Tokens.
The Tokens must be bought and staked during Promotional Activity to be eligible for the crypto Cashback accrual.
8. The amount of crypto Cashback depends only from the amount of USDN tokens staked during Promotional Activity.
The chance to win a Promo prize depends only from the amount of USDN tokens staked during Promotional Activity and increases with each 100 USDN staked (i.e. if you staked 190 USDN you will have the same winning chance as if you staked 100 USDN).
9. The User receives only one crypto Cashback for each Registered wallet and proportionately only from the first token buy made with ADVANCED CASH LIMITED at the time of the registration (clause 7 v).
WE DO NOT RECOMMEND TRANSFERING OR BUYING MORE USDN TOKENS TO THE REGISTERED WALLET UNTIL THE RECEIVING OF THE CRYPTO CASHBACK. IF YOU WISH TO OBTAIN MORE TOKENS AND RECEIVE MORE CRYPTO CASHBACK, PLEASE REGISTER A NEW WALLET FOR THAT PURPOSE.
10. The number of Wallets that can be created by one User is not limited. The User can register any amount of USDN wallets and apply for crypto Cashback as long as they meet the demands mentioned in clause 7.
11. Apart from the crypto Cashback, 3 (three) Users will be awarded with a Promo prize:
6 000 USDN (the 1st
2 000 USDN (the 2nd
1 000 USDN (the 3d
Additionally, 20 Users will be awarded with 50 USDN.
The winners will be chosen by chance by Waves.Randomizer from among the Users' Wallets eligible for the receiving of crypto Cashback (clause 7).
The awards will be contested on September 10th
at 12:00 a.m. (UTC +0) and will be paid before September 17th
12. Without prejudice to any other right or remedy of the Organizer, any User may be excluded from the Promotional Activity or from receiving cashback if the User fails to comply with these Terms and conditions or, in Organizer's reasonable view, is unfairly exploiting the opportunities of the Promotional Activity.
13. The Organizer bears no liability for determining whether taxes apply to User's crypto cashback. The User must seek its own tax advice in connection with receiving reward, which may result in tax consequences to the User, including withholding taxes, income taxes and tax reporting requirements. The User is responsible for payment of any applicable taxes in any applicable jurisdiction.
14. The User may not assign, sub-contract or otherwise transfer his/her rights or obligations under these terms and conditions.
15. The User confirms:
- User are at least 18 (eighteen) years old;
- User are of legal age to accept this Agreement according User's residency country laws;
- User has a full capacity and authority to enter into this Agreement;
- User follows the rules and laws in his/her country of residence.
17. The Organizer will use User's personal data, such as e-mail, Wallet address, Twitter account and Wallet address in order to verify the User's compliance with requirements set forth in clause 7 hereof. By entering this Promotional Activity and filling out the form (clause 7 (iv) hereof), the Participant hereby consents to the Organizer using his/her personal information in this manner.
18. Nothing in these terms and conditions shall constitute any obligation on the part of the Organizer or the User enter into any future agreement or relationship.
19. In no event shall the Organizer be liable for any direct, indirect, punitive, incidental, special or consequential damages arising out of or in any way connected with the use of the Wallet, the delay or inability to use the Wallet or otherwise arising in connection with the Wallet whether based on contract, tort, strict liability or otherwise, even if advised of the possibility of any such damages.
20. User agrees to defend, indemnify and hold the Organizer harmless from and against any and all claims, damages, costs and expenses, including attorneys' fees, arising from or related to User's use of the Wallet.
21. Disputes arising between the parties under this Agreement or in connection with it shall be settled in the course of pre-court dispute settlement procedure.
22. In the case of failure to settle the dispute within 30 calendar days from the date of the direction of the claim to one of the parties, the dispute shall be resolved in accordance with the applicable law.
23. The Agreement and any legal relationship between the Parties arising out of or in connection with them shall be governed by and construed in accordance with the laws of England and Wales without regard to its conflict of laws rules. The Parties settle all their disputes arising out of or in connection with the Agreement in accordance with the laws of England and Wales.
24. If the User has any questions or uncertainties regarding this Agreement, as well as claims, the User may contact the Organizer's support service by email: [email protected]