Galaxy HODLer Challenge – FAQs❓
To help build a strong galactic future for the revolutionary people, holders of the valuable $SDB Tokens can secure special privileges as a Galaxy HODLer by agreeing to hold at least 5,000 tokens in a new SDB account for a fixed period of three months.
1. How is the 6% APR calculated?
The 6% APR is calculated on a 12-month basis according to the amount of $SDB Tokens you agree to hold. Everyone receives rewards under the same conditions, which means the more tokens you agree, the more rewards you earn.
2. Will I receive rewards for tokens held beyond the agreed amount?
No. Any tokens held in excess of the amount stated in the form whether added before the form closes or during the three-month agreement period will not be eligible for rewards.
3. Can agreed tokens be used for token services during the challenge period?
No. The agreed amount must be maintained entirely as Available Tokens throughout the challenge period and cannot be used for token services such as Earn or Collateral Loans.
4. What is the minimum token amount required to join the challenge?
To participate, you must hold a minimum of 5,000 $SDB Tokens. You must clearly state and confirm the amount you will hold in the form to be recognized as an official participant. If, at the time of the snapshot, your account balance falls below 5,000 $SDB, you will be deemed ineligible to participate.
5. What happens if my token balance drops below the agreed amount during the challenge?
If, at any time during the three-month challenge period, your token balance falls below the amount you agreed in the form, your participation will be canceled and you will not receive any rewards.
6. Can I transfer tokens that exceed my agreed amount?
Yes. During the three-month challenge period, any tokens exceeding the originally agreed amount may be transferred to another SDB account or to an external wallet if you wish. However, these excess tokens cannot be subscribed for Earn or Collateral Loan services.
7. What is the difference between the “new account with no history” rule and the token transfer allowance?
The original “new account” requirement exists to ensure there were no ICO1/2 or airdrop activities before the challenge begins, preventing disputes during data verification. The allowance to transfer excess tokens applies only after the challenge has started and does not conflict with the new account requirement.
8. How will disputes be resolved, and can the rules change?
In the event of any dispute, the final decision rests solely with SDB. The stated rules and conditions may be adjusted or improved as necessary depending on circumstances, and such changes will be considered final.
9. What benefits do I receive after successfully completing the challenge?
All participants who successfully complete the challenge in accordance with the T&Cs applied will earn token rewards at a solid 6% APR. In addition, they will receive a prestigious “Galaxy HODLer” verified tag within the SDB App and an official certificate of recognition, issued via email, as a symbol of trust and commitment.
Don’t forget to complete the Agreement Form, and let’s join the HODLer Challenge together starting now. 💪
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