1 - The Stader reward program for AVADO Users is available on a first-come, first-served basis.
2 - Rewards can only be claimed after the validator funded by the user on his AVADO is live and actively participating in the Stader network.
3 - New AVADO users who fund a validator are eligible to claim Stader (SD) Tokens with a value equivalent to $100 USD, based on the pre-determined exchange rate mentioned in paragraph 10. This offer is limited to a total of 400 slots available exclusively for new AVADO users.
4 - Existing AVADO users who fund a validator are eligible to claim Stader (SD) Tokens with a value equivalent to $50 USD, based on the pre-determined exchange rate mentioned in paragraph 10. This offer is limited to a total of 500 slots available exclusively for existing AVADO users.
5 - For an i5 device, new users can claim a maximum of 9 validators, which amounts to $900 USD in Stader Tokens, based on the pre-determined exchange rate mentioned in paragraph 10.
6 - For an i7 device, new users can claim a maximum of 16 validators, which amounts to $1600 USD in Stader Tokens, based on the pre-determined exchange rate mentioned in paragraph 10.
7 - Existing users can claim a maximum of 8 validators, which amounts to $400 USD in Stader Tokens, based on the pre-determined exchange rate mentioned in paragraph 10.
8 - The claim process is part of the Stader Package on AVADO. The package looks up the Node ID of the device and the Validator ID. The Node ID shows if the user is a new user or an existing user and the validator ID shows if the Validator is active. If the Validator is active the rewards button within the package is activated and allows the claim of the rewards.
9 - If a user returns the device, they are also required to return the equivalent value of the Stader (SD) Tokens they received as part of the incentive. The value of the SD Tokens will be determined based on the pre-determined exchange rate set by AVADO in collaboration with Stader.
10 - The exchange rate of the Stader (SD) Tokens is pre-determined and may not reflect the current market price. Please note that the value of the reward in USD may vary based on the current market prices.The reward in SD Tokens is based on the rate set by AVADO in collaboration with Stader, using the exchange rate at the time when Stader transferred the SD tokens to AVADO.
11 - Important Note: The Stader reward program will continue until the existing budget is exhausted. Once the budget is fully utilized, this incentive program will come to an end. However, please note that Avado and Stader may introduce other incentives for node operators in the future.
12 - AVADO and Stader reserve the right to modify or terminate the reward program at any time, without prior notice.
13 - The availability of rewards is subject to the successful operation and performance of the Stader network. Any disruptions or technical issues that may arise could affect the distribution of rewards.
14 - Users are responsible for complying with all applicable laws and regulations in their jurisdiction regarding the participation in the Stader reward program.
15 - The value and redemption of Stader (SD) Tokens are subject to market fluctuations. Users acknowledge and understand that the value of the tokens can vary and may be influenced by various factors beyond AVADO’s or Stader’s control.
16 - AVADO and Stader are not responsible for any loss or damage incurred by users participating in the reward program, including but not limited to financial losses, network disruptions, or unforeseen events.
By participating in the Stader reward program for AVADO Users, users agree to these Terms and Conditions and acknowledge the associated risks. AVADO and Stader reserve the right to make changes to the terms and conditions as deemed necessary.