Nov. '24 The Golden Bull
Luminary Program: The Golden Bull
Ether.fi, in collaboration with Lombard, is running a campaign called The Golden Bull, where over $2 million in $ETHFI rewards alongside 4x Lombard Lux multiplier are available for eBTC deposits. Further information can be found here.
Campaign Timeline: from 19th November 2024 through 3rd December 2024.
Eligibility: mint eBTC during the campaign timeline and hold it till 31st of January.
Eligible Deposit Assets: LBTC, cbBTC, FBTC, WBTC
Lux multiplier for the Golden Bull campaign: 4x Lux multiplier (normally 2x offered).
Note: Lux boost will be awarded retroactively.
Other Terms:
Refer a friend to receive further incentives: use your referral code to invite friends to the campaign so they earn 10% more Lux, and you earn 20% of the Lux they earn.
$ETHFI rewards will be paid out at the end of Season 4, January 31st. Users need to claim $ETHFI rewards from ether.fi portal
Note: using eBTC in DeFi will continue to be eligible for all points and multipliers as already advertised but do not receive any additional multipliers as part of this campaign.
Lux Boost Visualization
Normally, holding 1 eBTC for 14 days earns you ±28,000 Lux. During the Golden Bull event, that same 1 eBTC will earn you 56,000 Lux.
Examples:
Suppose a user deposits LBTC into eBTC during the campaign timeline and holds until 2nd December ⇒ no campaign rewards.
Suppose a user deposits LBTC into eBTC outside the campaign timeline and holds until 31st Jan ⇒ no campaign rewards.
Suppose a user deposits LBTC into eBTC during the campaign timeline, and holds until 31st Jan ⇒ users will receive $ETHFI bonus plus 4x multiplied Lux points for the number of days held within the campaign window.
Legal Notice:
By participating in the points program, or otherwise accessing or using Lombard Finance’s UI, you accept and agree to be bound and comply with these terms and conditions, along with those set forth in Lombard Finance’s Terms of Service.
Points are not, and may never convert to, accrue to, be used as a basis to calculate, or become, any tokens or other digital assets. Points do not constitute any currency or property of any type. You acknowledge that Lombard Finance is under no obligation to generate tokens. Points are strictly non-transferable, and you may not attempt to sell, trade, or transfer any points, or obtain any manner of credit using any points. Any attempt to sell, trade, or transfer any points will be null and void, except as we may explicitly state otherwise in a written update to these rules on our website. Lombard Finance reserves the right to cancel, change, discontinue, limit, modify, or withdraw this points program (including the frequency, criteria, calculation or eligibility for earning such points), at any time with or without notice and regardless of any particular accumulation of points. You agree not to engage in any manipulative, fraudulent, dishonest, or abusive activities in connection with points or any distribution of digital assets by us or our affiliates. This includes, but is not limited to, creating multiple accounts to claim additional points or digital assets, using bots or scripts to automate claiming, or participating in any schemes that artificially inflate the number or perceived value of points or digital assets, including but not limited to wash trading. We or our affiliates may terminate any or all of your points due to such activities, or for breaching any license granted by us, and may disclose privately and publicly why such action was taken. Staking of points is strictly prohibited. Points are not available to persons who are citizens of, residents (tax or otherwise) of, green card holders of, incorporated in, owned or controlled by a person or entity in, located in, or has a registered office or principal place of business in the United States (defined as a “U.S. person”); persons who are acting for the account or benefit of any U.S. person; persons in any jurisdiction in which the offer, sale, holding, and/or purchase of digital assets or cryptocurrencies is unlawful, prohibited, or unauthorized (together with U.S. persons, a “Restricted Person”); or persons subject to sanctions or who are resident or nationals of a sanctioned jurisdiction.
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