Terms and Conditions: Okto July Earn Fest

Continue reading this blog till the end to know all the necessary terms and conditions before participating in the Okto July Earn Fest. Happy earning!

30 JUN 2023, 2 min read

1. Introduction

This promotion is conducted by Okto (“The Company”). By participating in this promotion, you are agreeing to be bound by these Terms and Conditions.

2. Eligibility

This promotion is open to all registered users of Okto who make a new earn investment (Simple Earn or Advanced Earn) during the promotional period. Users must be of legal age and comply with all applicable laws and regulations in their jurisdiction.

3. Promotion Period

This promotion will begin on July 1st, 2023, and end on July 10th, 2023. The APY boost is valid until July 31st, 2023, or until the investment is removed, whichever occurs first.

4. Offer Details

4.1. Participants who make a NEW earn investment within the promotion period will receive a 30% annual percentage yield (APY) boost on their investment.

4.2. The APY boost is applicable for the duration the investment remains active or until July 31st, 2023, whichever occurs first.

4.3. The maximum investment amount eligible for the APY boost per user is $600.

4.4. The total reward pool for this promotion is set at $100,000.

5. Reward Distribution

5.1. Rewards will be distributed in USDT and will be airdropped directly into the participant’s Okto wallet.

5.2. Reward distribution will take place within one week after the end of the offer, on or before August 7th, 2023.

6. Fraud Prevention and Bad Actors

6.1. Okto reserves the right to conduct a thorough fraud prevention process before distributing rewards.

6.2. Okto reserves the right to disqualify and remove any participants that it deems to be bad actors or engaged in fraudulent activities.

6.3. Participants found to be using multiple accounts to abuse the promotion will be disqualified.

In case the total eligible rewards exceed the $100,000 reward pool, Okto reserves the right to calculate a fair share of payment for all users

8. Limitation of Liability

Okto is not responsible for any losses or damages incurred as a result of participation in this promotion.

9. Amendments

Okto reserves the right to amend or terminate this promotion and its Terms and Conditions at any time without prior notice.

10. Governing Law

These Terms and Conditions are governed by [relevant jurisdiction's laws] and disputes arising out of or in connection with them shall be subject to the exclusive jurisdiction of the courts of [relevant jurisdiction].