Based on your feedback and the overwhelming response to our first Deposit Bash, where the $ARB prize pool was nearly emptied, we're thrilled to announce the return of this exciting event at ApeX Pro!
Get ready for another incredible rendition and even more opportunities to win big with rewards available now for even smaller deposit amounts!
You know how it works, make a deposit to earn rewards in $ARB — the more you deposit, the higher your final reward!
Event Period: July 17, 2023, 12PM UTC to Aug. 14, 2023, 12PM UTC
The event lasts for four (4) weeks, and all users need to do is to ensure that they make a minimum of $100 worth of Effective Deposits during the event period to receive up to 500 $ARB in rewards per participant. However, the bigger the Effective Deposits users accumulate, the more in $ARB they will receive.
Effective Deposit = Sum [Deposit Amount (Time Left / 4 Weeks)] - Total Withdrawal Amount
Deposit Amount is the amount of funds deposited at a single time within the event period
Time Left is the period of time left before the event ends
Total Withdrawal Amount refers to the sum of funds withdrawn from ApeX Pro within the event period
*4 weeks calculated as 672 hours
To ensure that you reach Effective Deposits and are eligible for $ARB rewards when the event ends, please take note that withdrawals from your account will affect final tabulation of deposits made.
Here's how we'll determine your prize allocation, following the formula below:
Prize = (Effective Deposit Amount/100) * Unit Prize
The amount calculated by (Effective Deposit Amount/100) will be rounded off
Unit prize represents the tier the base effective deposit is made in, according to the table below:
Base Effective Deposit | Unit Prize |
|---|---|
≥10,000 | 1 |
≥5,000 | 0.8 |
≥1,000 | 0.6 |
=100 | 0.5 |
Example 1:
Alice deposited $5,000 at the very beginning of the program and did not withdraw it for four weeks, i.e. her effective deposit at the end of the campaign in $5,000.
Her Prize is 5,000/100 * 0.8 = 40 $ARB
Example 2:
Alice deposited $500 on the second day of the campaign. She then added $5,000 on the 14th day and withdrew $1,000 before the campaign ended.
Her effective deposit is: ($500(672-24)/672 + $5,000 (672-336)/672) - $1,000 = $1,982.14286
Her Prize is: ($1,982.14286 / 100) 0.6 = 20 0.6 = 12 $ARB
Please note that 19.82 was rounded up to 20 for the calculation purposes according to the formula above.
Earn rewards at zero cost to you — start depositing and make sure to keep your funds on ApeX Pro until rewards are distributed!
Terms & Conditions:
To be eligible for rewards, users will need to ensure they make an Effective Deposit during the event period.
Rewards will be distributed within 10 working days of the event's end date.
The ApeX Pro team reserves the right to change the terms & conditions of this event at their sole discretion.
Botting activities, cheating and duplicate submissions will result in disqualification from this event.
ApeX Pro reserves the right to the final interpretation of this event. If you have any questions, please contact us via the ApeX Pro Discord channel.