# (Archive) Deposit APR Event

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This is an archive page for a closed event.
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**Deposit $100 and earn promotional rewards up to 1,040% APR (in SuperVol Coupons)\***

Enjoy breath-taking trades while earning Coupons. What more can you ask for?

How to join? Here's the details. (\*Terms and conditions apply.)

\
Snapshot Period: 

* Week 1 : Feb 1, 6:00 UTC – Feb 8, 5:59 UTC
* Week 2 : Feb 8, 6:00 UTC – Feb 15, 5:59 UTC
* Week 3 : Feb 15, 6:00 UTC – Feb 21, 5:59 UTC

**\[Event Timeline]** 

Week 1

* Feb 1, 6:00 UTC – Feb 8 5:59 UTC: Snapshot Period 
* Feb 8, 6:00 UTC - Feb 10, 6:00 UTC: Calculation Period 
* Feb 10, 6:00 UTC: Rewards Distribution

Week 2

* Feb 8, 6:00 UTC – Feb 15, 5:59 UTC: Snapshot Period 
* Feb 15, 6:00 UTC - Feb 17, 6:00 UTC: Calculation Period 
* Feb 17, 6:00 UTC: Rewards Distribution

Week 3

* Feb 5, 6:00 UTC – Feb 21, 5:59 UTC: Snapshot Period 
* Feb 21, 6:00 UTC - Feb 23, 6:00 UTC: Calculation Period 
* Feb 23, 6:00 UTC: Rewards Distribution

***

<figure><img src="https://2691306429-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FUNrPGJzq2YJwzIqALqZ3%2Fuploads%2FXFhrn7uKtXbKhz4OYQ0c%2FFrame%201597892585%20(1).png?alt=media&#x26;token=63d9daee-828a-448d-8ee8-d2429f50e0a7" alt=""><figcaption></figcaption></figure>

**\[How to Join]**&#x20;

Deposit USDC.e to SuperVol during the event period.

Trade for Max Rewards:&#x20;

* Make at least 1 trade on SuperVol = Max 1,040% APR
* Deposit and do nothing = Max 208% APR

Snapshot Amount:&#x20;

* Rewards allocated relative to average amount of hourly "snapshots" within event period.&#x20;
* To encourage trading, a user's snapshot will be the larger number between:&#x20;
  * Net Deposits (Deposits - Withdrawals)&#x20;
  * Net Spend (Amount Traded on SuperVol)&#x20;

So don't worry that trading will reduce your snapshot amount!&#x20;

* Example:&#x20;
  * User A Deposits 1,000 USDC.e on Feb 1 6:00&#x20;
  * User A Withdraws 1,000 USDC.e on Feb 2 6:00&#x20;
  * Snapshot Amount = 1,000 \* 1 Day/1 Week = 142.85 USDC.e

**\[Rules & Terms]**&#x20;

Prize Pool Priority: Prize pool allocated in priority to traders - in case of oversubscription, non-traders may not receive rewards. Only users who have connected TG accounts may participate.&#x20;

* Total Rewards Pool per week: 1,000 USDC.e&#x20;
* Min. Snapshot Amount per User: **50 USDC.e**
  * (*Week 1: 10 USDC.e, **After Week 2: 50 USDC.e**)*
* Max. Snapshot Amount per User: **100 USDC.e**&#x20;

Event details and distribution will be announced through SuperVol socials.

* APR is an abbreviation for "Annual Percentage Reward".&#x20;
  * How APR Is Calculated: The 1,040% APR is a promotional rate based on maintaining a Net Deposit of 100 USDC.e for one week. Actual rewards vary depending on trading activity and prize pool availability.
* Rewards Details:&#x20;
  * SuperVol Coupons are non-withdrawable promotional credits, directly in your balance. Coupons can be used exclusively for trades on SuperVol.&#x20;
    * Coupons are valid for 7 days. Unused rewards will expire after the validity period.&#x20;

SuperVol reserves the right to control reward distribution and take action against fraudulent activities, including withholding or revoking rewards at its discretion.