Introducing the Heroes of Mavia (MAVIA) Bonus program on Blockchain.com.
The Heroes of Mavia Bonus program will kick start on March 18th at 12am UTC and consists of 2 sub-programs:
- Buy MAVIA, Get MAVIA bonuses
- Hold MAVIA, Get MAVIA bonuses
Summary
Buy MAVIA, Get MAVIA
Availability | Global (excluding United Kingdom) |
Product | Buy, Swap (custodial) |
Pre-conditions | KYC verified status |
Incentive pool | 47’000 tokens (total pool for Buy MAVIA and Hold MAVIA programs) |
Target duration | 30 days |
Bonus frequency | Accrues daily |
Eligible action | Buy MAVIA or Swap into MAVIA |
Program | Users who buy or swap into MAVIA will farm MAVIA bonuses in the form of direct deposits into their Blockchain.com account according to the following mechanics |
Bonus mechanics | Unique User's reward per day = Amount of MAVIA tokens bought by user on that day / Total amount of MAVIA bought on that day across our brokerage * The amount of tokens released per day |
Bonus payouts | On the next day UTC |
Hold MAVIA, Get MAVIA
Availability | Global (excluding United Kingdom) |
Product | Blockchain.com custodial account |
Pre-conditions | KYC verified status + own some MAVIA on the Blockchain.com account. Users will be automatically opted in in eligible regions. |
Target rewards pool | 47’000 tokens (total pool for Buy MAVIA and Hold MAVIA programs) |
Target duration | 30 days |
Bonus frequency | Accrues daily |
Eligibility action | Hold MAVIA in your Blockchain.com Account |
Program | Your MAVIA held into your Blockchain.com account pay a bonus on a daily basis according to your share of the total amount of MAVIA held on the platform |
Bonus mechanics | Unique user’s rewards per day = User’s MAVIA assets on SimpleBuy by EOD / Overall MAVIA assets on BCDC accounts by EOD UTC * The amount of tokens released per day |
Bonus payouts | On the next day UTC |
Process:
Buy MAVIA or Swap to MAVIA, get MAVIA:
- Connect to your Blockchain.com account
- Buy or Swap into MAVIA
- You are eligible to the daily Buy MAVIA, Get MAVIA Bonus
- Receive your MAVIA bonus on the next day
Hold MAVIA, get MAVIA:
- Hold MAVIA
- You are eligible for the daily Hold MAVIA, Get MAVIA Bonus
- Receive your MAVIA bonus on the next day
What is a MAVIA Bonus?
The MAVIA Bonus allows eligible customers to be awarded bonus MAVIA Tokens for buying, swapping or holding MAVIA Tokens using their Blockchain.com Wallet.
The Buy MAVIA, Get MAVIA Bonus is awarded to users who buy or swap into MAVIA Tokens.
The Hold MAVIA, Get MAVIA Bonus is awarded to users who hold MAVIA Tokens in the Blockchain.com Wallet.
The bonuses are calculated slightly differently and users are eligible for both bonuses at any given time.
Who is eligible for a MAVIA Bonus?
To be eligible, you must:
Be a customer in one of the following countries:
- For the Buy MAVIA, Ger MAVIA Bonus you must be eligible for buy or swap transactions with your Blockchain.com Wallet to earn a Buy MAVIA, Get MAVIA bonus, excluding the United Kingdom
- For a Hold MAVIA, Get MAVIA Bonus you must be in a jurisdiction where you are eligible for a Blockchain.com Wallet, excluding the United Kingdom
Have a verified Blockchain.com Account.
All eligible customers will be automatically opted into the MAVIA Bonus programme.
Do I need to do anything to get my MAVIA Bonus?
No, users in eligible regions will automatically be eligible for a Buy MAVIA, Get MAVIA and a Hold MAVIA, Get MAVIA bonus.
Where does your MAVIA Bonus come from?
Blockchain.com funds the MAVIA Bonus with its own funds.
Blockchain.com has no rights over the MAVIA Tokens in your Blockchain.com Account, we do not take any action with your assets unless you specifically instruct us to.
We reserve the right to discontinue the MAVIA Bonus programme at any time at our discretion either temporarily or permanently.
How will my MAVIA Bonus be calculated?
The amount of MAVIA Bonus that is available to you will change daily. The MAVIA Bonus rates can vary depending on your country, ongoing product adjustments and account type.
The amount of MAVIA Tokens accruing to you under your Buy MAVIA, Get MAVIA Bonus will depend on the amount of MAVIA Tokens you have bought of swapped into on any given day as a percentage of the total volume of MAVIA Tokens bought or swapped across our platforms on any given day.
The amount of MAVIA Tokens accruing to you under your Hold MAVIA, Get MAVIA Bonus will depend on the amount of MAVIA Tokens you custody with us on any given day as a percentage of all the MAVIA Tokens under custody with us across our platforms.
How is the MAVIA Bonus distributed?
You shall accrue a MAVIA Bonus for:
-
A Buy MAVIA, Get MAVIA Bonus for each buy or swap via your Blockchain.com Wallet
-
A Hold MAVIA, Get MAVIA Bonus for each MAVIA Token from 10 MAVIA Tokens that you hold in your Blockchain.com Wallet at 00:00:00 UTC
Your MAVIA Bonus shall accrue daily based on calculations we run at 23:59:59 UTC. Accrued balances are typically distributed during the following day. However the distribution times may change at any time.
If you have earned both a Buy MAVIA, Get MAVIA Bonus and a Hold MAVIA, Get MAVIA Bonus you shall receive a single distribution.
If you withdraw your MAVIA balance at any time before the next distribution date, you will still receive the MAVIA Bonus accruing to your account.
How long does the MAVIA Bonus last?
The MAVIA Bonus promotions last until further notice. During this time, eligible customers can participate in the Buy MAVIA, Get MAVIA Bonus and the Hold MAVIA, Get MAVIA Bonus programs to earn bonus MAVIA Tokens based on their transactions and holdings in the Blockchain.com Wallet. We reserve the right to withdraw or change the promotion at any time.