SyrupUSDC Rewards Prize Draw Terms & Conditions
Last updated
Last updated
Last Modified: April 24, 2025
Welcome to the SyrupUSDC Rewards Prize Draw (the "Prize Draw"). These Terms and Conditions govern your access to and participation in the Prize Draw offered through the Syrup.fi platform ("Interface").
The Prize Draw is operated by Maple International Operations SPC. ("the Company", "we", "us", or "our"), a Cayman Islands Segregated Portfolio Company. By participating in the Prize Draw, you agree to be bound by these Terms and Conditions, as well as the.
PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE PARTICIPATING IN THE PRIZE DRAW. THESE TERMS AND CONDITIONS MAY AFFECT YOUR LEGAL RIGHTS AND OBLIGATIONS.
The Prize Draw is a promotional campaign intended to incentivize deposits and participation in the Syrup.fi platform. Participants may earn tickets for depositing and committing funds to the Syrup.fi pool, which may qualify them to receive financial or other incentives or prizes as detailed herein.
To be eligible to participate in the Prize Draw, you must:
a) Be at least 18 years of age or the higher of legal age to form a binding contract in your jurisdiction;
b) Have successfully passed Know-Your-Customer ("KYC") and Anti-Money Laundering ("AML") checks;
c) Have a digital wallet capable of interacting with the Syrup.fi platform;
d) Not be a resident or citizen of any country specified in Section 2.3 below;
e) Not be subject to economic or trade sanctions administered or enforced by any governmental authority;
f) Not be an employee, officer, director, agent, or representative of the Company, or their respective affiliates, subsidiaries, advertising, or promotion agencies.
Notwithstanding any other provision in these Terms and Conditions, the Prize Draw is not available to the following persons:
a) "U.S. Persons," which includes:
Natural persons resident in the United States;
Legal entities organized or incorporated under the laws of the United States;
Trusts, estates, or accounts of which any trustee, executor, administrator, or fiduciary is described in clause (i) or (ii);
Legal entities formed by a person or entity described in clause (i) or (ii);
Any identifiable groups of U.S. citizens living abroad, such as members of the U.S. armed forces serving overseas.
b) "EEA Persons," which includes:
Natural persons resident in the European Economic Area ("EEA");
Legal entities organized or incorporated under the laws of the EEA;
Trusts, estates, or accounts of which any trustee, executor, administrator, or fiduciary is described in clause (i) or (ii);
Legal entities formed by a person or entity described in clause (i) or (ii);
Any identifiable groups of EEA citizens living abroad, such as members of the applicable armed forces serving overseas.
The Prize Draw is not available to residents of the following countries:
Afghanistan
Belarus
Central African Republic
Congo (the Democratic Republic of the)
Cuba
Guinea-Bissau
Iran (Islamic Republic of)
Iraq
Libya
Mali
Myanmar
North Korea (the Democratic People's Republic of)
Russian Federation (the)
Somalia
South Sudan
Sudan (the)
Syria
Ukraine (non-government-controlled areas, including Crimea, Donetsk, and Luhansk)
Venezuela (Bolivarian Republic of)
Yemen
The Prize Draw consists of a six (6) month promotional campaign (the "Promotional Campaign"). There may be additional Promotional Campaigns.
Promotional Campaign 1: 1 May 2025 to 30 October 2025.
Promotional Campaign 2: Dates to be determined.
The Company reserves the right to modify the duration of any Promotional Campaign by providing notice through the Interface.
The Promotional Campaign has a thirty (30) day activation period starting from the commencement of the Promotional Campaign (the "Activation Period"). You must join and make your Minimum Deposit (as defined below) during the Activation Period to be eligible for that Promotional Campaign.
If you join after the Activation Period of Promotional Campaign 1, you will be automatically enrolled in Promotional Campaign 2. Any deposit activity during Promotional Campaign 1 will be counted toward Promotional Campaign 2.
To participate in the Prize Draw, you must:
a) Commit a minimum deposit of $1,000 USDC into the Syrup.fi pool (the "Minimum Deposit") during the Activation Period; and
b) Continuously maintain your Minimum Deposit for at least six (6) months from the date of your deposit.
Withdrawals that reduce your deposit below the Minimum Deposit amount before the six (6) month period has elapsed will result in disqualification from the Prize Draw and forfeiture of any accumulated tickets.
Participants will earn tickets based on the following criteria:
a) Initial Deposit Amount: Tickets will be awarded proportionally to the USDC amount deposited.
b) Deposit Maintenance: Additional tickets will accrue for each day the Minimum Deposit is maintained in the Syrup.fi pool.
c) Additional Activities: the Company may announce other ticket-earning activities during the Promotional Campaigns.
The specific ticket allocation for each criterion will be published on the Interface at the start of each Promotional Campaign.
Your accumulated tickets will be visible through the Interface, which will offer a link to a regularly updated leaderboard showing the tickets accumulated by each participanting wallet. The Company will maintain a record of all tickets earned by participants. In case of any discrepancy between the tickets displayed and the tickets you believe you have earned, you must contact the Company within seven (7) days of the discrepancy appearing.
Tickets have no monetary value and cannot be transferred, sold, or exchanged for cash or cryptocurrencies. Tickets are solely for determining eligibility and ranking for Prizes.
At the end of each Promotional Campaign, prizes ("Prizes") will be distributed to eligible participants based on their accumulated tickets. The Prize structure will be published on the Interface at the start of each Promotional Campaign.
Prizes shall include, but are not limited to:
USDC rewards
Prize winners will be selected through a random drawing where each ticket represents one entry.
Before receiving any Prize, selected participants must:
a) Successfully pass all Partner Compliance Requirements, including KYC/AML checks;
b) Provide any additional information requested by the Company within the specified timeframe;
c) Comply with any tax reporting requirements applicable in their jurisdiction.
Participants who do not meet these requirements will not be deemed Prize Winners and will not receive any Prizes.
Prizes will be distributed within thirty (30) days after the end of each Promotional Campaign. The Company reserves the right to delay Prize distribution if necessary to complete compliance checks or due to technical or operational issues.
Recipients of Prizes are solely responsible for any taxes that may be due on the Prizes. The Company may require Prize Winners to provide tax identification information before distributing Prizes. The Company is not responsible for providing tax advice related to the receipt of Prizes.
the Company reserves the right to modify the Prize Draw, including but not limited to:
a) Changing the ticket accumulation structure;
b) Altering the Prize structure or distribution method;
c) Extending or shortening any Promotional Campaign;
d) Adding or removing eligible activities for earning tickets.
Any material changes will be announced through the Interface with reasonable notice.
The Company may, in its sole discretion, terminate or suspend the Prize Draw or a participant's ability to participate in the Prize Draw at any time for any or no reason, including without limitation:
a) Suspected fraud or abuse;
b) Technical failures;
c) Changes in applicable laws or regulations;
d) Force majeure events;
e) Any other reason the Company deems necessary for the proper operation of its business.
In the event of termination, the Company will determine in its sole discretion whether to award Prizes based on tickets accumulated up to the date of termination.
By participating in the Prize Draw, you represent and warrant that:
a) You satisfy all eligibility requirements set forth in these Terms and Conditions;
b) All information provided to the Company in connection with the Prize Draw is true, accurate, and complete;
c) Your participation in the Prize Draw does not violate any law, regulation, or obligation to which you are subject;
d) You will maintain compliance with these Terms and Conditions throughout your participation in the Prize Draw;
e) You understand the risks associated with cryptocurrency and digital assets.
THE PRIZE DRAW IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ABSENCE OF VIRUSES OR OTHER HARMFUL CODE.
PARTICIPATION IN THE PRIZE DRAW INVOLVES RISK, INCLUDING BUT NOT LIMITED TO THE POTENTIAL LOSS OF DIGITAL ASSETS. BEFORE PARTICIPATING IN THE PRIZE DRAW, YOU SHOULD ENSURE YOU UNDERSTAND HOW THE SYRUP.FI PLATFORM WORKS AND THE RISKS INVOLVED WITH CRYPTOCURRENCY AND DIGITAL ASSETS GENERALLY.
THE COMPANY DOES NOT GUARANTEES THAT ANY PARTICIPANT WILL WIN A PRIZE.
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE COMPANY OR ITS RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES OF ANY KIND (INCLUDING, BUT NOT LIMITED TO, LOSS OF REVENUE, INCOME OR PROFITS, LOSS OF USE OR DATA, OR DAMAGES FOR BUSINESS INTERRUPTION) ARISING OUT OF OR IN ANY WAY RELATED TO THE PRIZE DRAW, REGARDLESS OF THE FORM OF ACTION, WHETHER BASED IN CONTRACT, TORT (INCLUDING, BUT NOT LIMITED TO, SIMPLE NEGLIGENCE, WHETHER ACTIVE, PASSIVE OR IMPUTED), OR ANY OTHER LEGAL OR EQUITABLE THEORY, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND REGARDLESS OF WHETHER SUCH DAMAGES WERE FORESEEABLE.
You agree to indemnify, defend, and hold harmless the Company, and its respective officers, directors, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from or relating to:
a) Your participation in the Prize Draw;
b) Your violation of these Terms and Conditions;
c) Your violation of any rights of any other person or entity.
These Terms and Conditions and all matters arising out of or relating to these Terms and Conditions are governed by the laws of the Cayman Islands, without regard to conflict of laws principles.
Any dispute arising out of or in connection with these Terms and Conditions, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration under the rules of the London Court of International Arbitration, which rules are deemed to be incorporated by reference into this clause. The number of arbitrators shall be one. The seat, or legal place, of arbitration shall be London, England. The language to be used in the arbitral proceedings shall be English.
You may not assign or transfer any rights or obligations under these Terms and Conditions without the prior written consent of the Company.
These Terms and Conditions, together with the Interface Terms of Use Syrup.fi, constitute the entire agreement between you and the Company regarding the Prize Draw and supersede all prior agreements and understandings, whether written or oral, regarding the Prize Draw.
If any provision of these Terms and Conditions is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.
The failure of the Company to enforce any right or provision of these Terms and Conditions will not be deemed a waiver of such right or provision.
For questions about the Prize Draw or these Terms and Conditions, please contact us at contact@maple.finance.
By participating in the SyrupUSDC Rewards Prize Draw, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.