Terms of use: Auto-Earn

PLEASE READ CAREFULLY BEFORE SWITCHING ON AUTO-EARN.

WE ARE NOT REGISTERED WITH THE U.S. SECURITIES AND EXCHANGE COMMISSION OR COMMODITY FUTURES TRADING COMMISSION IN ANY CAPACITY. THE SERVICES WERE NOT DEVELOPED FOR, AND ARE NOT AVAILABLE TO PERSONS OR ENTITIES WHO RESIDE IN, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN THE UNITED STATES OF AMERICA.

THE SERVICES ARE NOT FOR UK RETAIL.

AUTO-EARN IS A DISCRETIONARY PROMOTIONAL PROGRAM. REWARDS ARE NOT INTEREST, YIELD OR A RETURN ON ANY INVESTMENT. EVEDEX DOES NOT TAKE CUSTODY OF, TRANSFER, LEND, STAKE, INVEST OR OTHERWISE USE YOUR FUNDS IN CONNECTION WITH AUTO-EARN. NO REWARD, RATE OR LEVEL OF REWARDS IS GUARANTEED, AND EVEDEX MAY CHANGE OR TERMINATE AUTO-EARN AT ANY TIME.

ANY RATE DISPLAYED IN THE INTERFACE IS HISTORICAL AND INDICATIVE ONLY AND IS NOT AN OFFER OR A PROMISE OF ANY FUTURE REWARD.

These Terms of Use: Auto-Earn (“Auto-Earn Terms”) supplement and are incorporated into the General Terms of Use and the Terms of Use: Interface (together, the “General Terms”). In the event of any conflict between these Auto-Earn Terms and the General Terms, these Auto-Earn Terms shall prevail with respect to Auto-Earn only. Capitalised terms used but not defined herein shall have the meanings given to them in the General Terms. By switching on Auto-Earn in the Interface, you confirm that you have read, understood and agree to these Auto-Earn Terms.

1. Definitions

1.1. “Auto-Earn” means the promotional program described in these Auto-Earn Terms, under which EVEDEX distributes a Daily Reward Pool among Participants.

1.2. “Trading Account” means your primary trading account on the Protocol. Subaccounts, Funded Subaccounts, and accounts used for AI Bots or copy trading are not Trading Accounts for the purposes of Auto-Earn.

1.3. “Calculation Day” means a calendar day from 00:00:00 UTC to 23:59:59 UTC.

1.4. “Daily Reward Pool” means the total amount of USDT that EVEDEX, in its sole discretion, allocates for distribution to Participants for a Calculation Day. The Daily Reward Pool may be zero.

1.5. “Eligible Balance” means, for a Participant and a Calculation Day, the lowest USDT balance of the Participant’s Trading Account at any time during that Calculation Day, as recorded by the Protocol and determined by EVEDEX.

1.6. “Participant” means a user who satisfies Section 3 (Eligibility), has switched on Auto-Earn and has not been excluded under these Auto-Earn Terms.

1.7. “Reward” means the amount of USDT credited to a Participant under these Auto-Earn Terms.

1.8. “Indicative Rate” means the annualised figure displayed in the Interface in accordance with Section 5.4.

2. Auto-Earn

2.1. Auto-Earn is a discretionary marketing incentive offered by EVEDEX through the Interface. For the avoidance of doubt:

2.1.1. Rewards are funded solely from EVEDEX’s own marketing budget and are not funded from, and do not depend on, any use of your funds or of the funds of any other user;

2.1.2. Rewards are not, and shall not be construed as, interest, yield, a dividend, a profit share or a return on capital or on any digital asset;

2.1.3. no deposit, loan, savings account, investment, collective investment scheme, security, fiduciary, agency, partnership or trust relationship is created between you and EVEDEX or any third party in connection with Auto-Earn;

2.1.4. you acquire no right to share in the revenue, profits or assets of EVEDEX or the Protocol; and

2.1.5. the terms “earn”, “rate” and “APR” and similar, where used in the Interface or in marketing materials, are used for convenience only and do not imply any guaranteed or contractual return.

2.2. Switching on Auto-Earn does not move, lock, freeze, pledge, transfer, lend, stake or invest your funds. Your funds remain in your Trading Account and remain available for trading, margin and withdrawal at all times.

2.3. Auto-Earn does not change how the Protocol treats your Trading Account. Your balance remains subject to trading gains and losses, funding rates, fees, liquidation and auto-deleveraging (ADL) in accordance with the General Terms.

3. Eligibility

3.1. To participate in Auto-Earn, you must:

3.1.1. satisfy all eligibility requirements set forth in the General Terms, including Section 2 (Eligibility) thereof;

3.1.2. maintain a Trading Account in good standing;

3.1.3. not be a resident, citizen, national, or entity incorporated or organised in the United States of America, Canada or any of their territories or possessions;

3.1.4. not be a UK retail user; and

3.1.5. not be a person to whom participation in Auto-Earn would be unlawful in your jurisdiction of residence or citizenship.

3.2. We may, in our sole discretion, introduce additional eligibility requirements, including identity verification or residency declarations, or exclude additional jurisdictions, at any time without prior notice. If you do not complete any verification we request, you will not receive Rewards.

4. Participation

4.1. Switching on. You join Auto-Earn by switching on the Auto-Earn toggle in the Interface and keeping your funds in the Trading Account. Participation is free of charge and requires no lock-up, separate deposit or transfer of funds.

4.2. Switching off. You may switch off Auto-Earn at any time. Switching off Auto-Earn has no effect on your Trading Account balance or open positions.

4.3. Full Calculation Day. You are counted as a Participant for a Calculation Day only if Auto-Earn is switched on for the entire Calculation Day. If you switch on Auto-Earn during a Calculation Day, your first Calculation Day is the next full Calculation Day. If you switch off Auto-Earn during a Calculation Day, you shall not receive any Reward for that Calculation Day.

4.4. Scope. While Auto-Earn is switched on, it applies to your entire Trading account balance, including subsequent top-ups and any Rewards already credited, in each case only to the extent they form part of your Eligible Balance.

5. Reward Pool and Calculation of Rewards

5.1. EVEDEX determines the Daily Reward Pool in its sole discretion and may increase, reduce or set it to zero at any time, with or without notice. EVEDEX may, but is not obliged to, announce the Daily Reward Pool or any budget for Auto-Earn in advance. Any announced amount is a non-binding indication and does not oblige EVEDEX to distribute it.

5.2. For each Calculation Day, the Daily Reward Pool is distributed among all Participants pro rata to their Eligible Balances.

5.3. You acknowledge that your Reward depends on the size of the Daily Reward Pool, the number of Participants and the Eligible Balances of all Participants, each of which may change daily and is outside your control.

5.4. The Interface may display an Indicative Rate, calculated by annualising the ratio of the total Rewards for the previous Calculation Day to the total Eligible Balances of all Participants for that day. The Indicative Rate is historical and provided for information only. It is not an interest rate, an offer or a promise of any future Reward, and the actual Reward for any Calculation Day may be lower, including zero.

5.5. If your Eligible Balance or the Daily Reward Pool for a Calculation Day is zero, you shall not receive any Reward for that Calculation Day.

5.6. The determination by EVEDEX of Eligible Balances, Participants and Rewards, made on the basis of the Protocol records and EVEDEX internal data, is final and binding.

6. Crediting of Rewards

6.1. Rewards are paid in USDT and credited to your Trading Account. Delays may occur for technical, operational or verification reasons.

6.2. Once credited, a Reward forms part of your Trading Account balance and may be used for trading and withdrawn on the same terms as the rest of your balance, subject to Section 7.

6.3. Rewards are rounded down. EVEDEX may set a minimum Reward amount and may decline to credit amounts below it.

7. Prohibited Activities Specific to Auto-Earn

7.1. In addition to the prohibited activities set forth in Section 5 of the General Terms, you agree not to engage in, or attempt to engage in, any of the following:

7.1.1. Exploitation. Exploiting any bug, error or vulnerability in Auto-Earn, the Interface or the Protocol, including in the calculation or crediting of Rewards;

7.1.2. Other bad faith activity. Providing false or misleading information, or any other activity aimed at obtaining Rewards in a manner inconsistent with the purpose of Auto-Earn.

7.2. Remedies. If we reasonably determine that you have breached these Auto-Earn Terms or the General Terms, we reserve the right, in addition to the remedies set forth in the General Terms (including Section 5.3 thereof), at our sole discretion and without prior notice, to:

7.2.1. exclude you from Auto-Earn, temporarily or permanently;

7.2.2. withhold, cancel or refuse to credit any Reward, including Rewards for past Calculation Days not yet credited;

7.2.3. reverse or recover any Reward already credited in connection with the breach; and

7.2.4. suspend or terminate your access to the Interface in accordance with Section 8 of the General Terms.

7.3. You acknowledge that the Protocol employs automated surveillance systems that may be used to monitor participation in Auto-Earn, including analysis of balance movements and coordination across accounts.

8. Modification, Suspension and Termination of Auto-Earn

8.1. By you. You may stop participating in Auto-Earn at any time by switching off Auto-Earn in the Interface.

8.2. By us. We may modify any parameter of Auto-Earn (including the Daily Reward Pool, the calculation method, eligibility requirements and supported assets), or suspend or terminate Auto-Earn in whole or in part, at any time, for any reason or without reason, with or without notice.

8.3. Effect of termination without cause. If we terminate Auto-Earn or your participation without cause, Rewards for Calculation Days completed before termination shall be calculated and credited in accordance with these Auto-Earn Terms. No Reward shall accrue for the Calculation Day on which termination takes effect or any subsequent day.

8.4. Effect of termination for cause. If we terminate your participation for breach of these Auto-Earn Terms, the General Terms or applicable law, Section 7.2 applies and no further Rewards shall be credited to you.

8.5. Termination of Auto-Earn or of your participation does not affect your Trading Account, your funds or your use of other Services.

9. Tax

9.1. You are solely responsible for determining and complying with all tax obligations arising from Rewards you receive, including any income tax and reporting obligations applicable in your jurisdiction. EVEDEX does not provide tax advice and shall not be liable for any tax consequences arising from your participation in Auto-Earn.

10. Risk Disclosure

10.1. You confirm that you have read, understood and accepted the Risk Disclosure Statement, which is incorporated into these Auto-Earn Terms by reference.

10.2. Without limiting the generality of the foregoing or any other risk disclosures in the General Terms, you acknowledge the specific risks associated with Auto-Earn, including: the absence of any guaranteed Reward; variability of Rewards depending on the Daily Reward Pool and the participation of other users; the possibility of modification or termination of Auto-Earn at any time; smart contract and Protocol risk; and regulatory risk.

10.3. Rewards are paid in USDT, a digital asset issued by a third party not affiliated with EVEDEX.

10.4. Nothing in Auto-Earn, the Indicative Rate or any related communication constitutes investment, financial, legal or tax advice, or an invitation to deposit funds or to maintain any particular balance on the Protocol.

11. Disclaimer; Limitation of Liability; Indemnification

11.1. The disclaimers, limitation of liability and indemnification provisions set forth in Sections 11, 12 and 13 of the General Terms apply fully to Auto-Earn and these Auto-Earn Terms.

11.2. Without limiting the foregoing, EVEDEX shall not be liable for any Reward not received, delayed or miscalculated as a result of any failure of the Protocol, smart contracts, blockchain, network, oracle or Interface, or of any other event beyond EVEDEX’s reasonable control.

11.3. In no event shall EVEDEX’s aggregate liability to you in connection with Auto-Earn exceed the lesser of (a) the Rewards that would have been credited to you for the affected Calculation Days in accordance with these Auto-Earn Terms, and (b) two hundred USD dollars ($200.00) or its equivalent in the local currency of the applicable jurisdiction.

11.4. You acknowledge and agree that Auto-Earn is provided “as is” and “as available” and that EVEDEX makes no warranty, representation or guarantee regarding the availability, continuity or accuracy of Auto-Earn or any Reward.

12. Governing Law and Dispute Resolution

12.1. These Auto-Earn Terms are governed by the laws of England, without regard to principles of conflict of laws, and all disputes shall be resolved in accordance with Section 15 (Dispute Resolution) of the General Terms.

13. Modifications

13.1. We reserve the right to modify these Auto-Earn Terms at any time. Modifications shall be effective when posted on the Site. Your continued participation in Auto-Earn after modifications are posted shall constitute your acceptance of the modified terms. If you do not agree with any modification, you must switch off Auto-Earn.

14. Severability

14.1. If any provision of these Auto-Earn Terms is determined to be invalid or unenforceable, such provision shall be interpreted to accomplish its objectives to the greatest extent possible under applicable law, and the remaining provisions shall continue in full force and effect.

15. Entire Agreement

15.1. These Auto-Earn Terms, together with the General Terms (including the Terms of Use: Interface, the Privacy Policy and any other documents incorporated therein by reference), constitute the entire agreement between you and EVEDEX with respect to Auto-Earn.