Rules of 'Futures Leaderboard Campaign'

1. General Rules

1.1.  The Futures Leaderboard Campaign (hereinafter referred to as “the Campaign”) shall be conducted within the period from 16:00 UTC on February 21, 2025, until 15:59 UTC on March 7, 2025 (“the Campaign Period”).

1.2. The organisation and conduct of the Campaign, as well as the participation therein, shall be governed by the terms and conditions of the present rules (“the Rules”) and the Nexo Terms of Service (“General Terms”), available on the Nexo Platform.

2. Right of Participation

2.1.  Clients, who comply with the Rules and the General Terms and are not (i) citizens or residents of the USA, or (ii) residents of Canada, UK, or any other jurisdictions where we have restricted our services can participate in the Campaign (separately referred to as “Participant” and collectively as “Participants”).

2.2. By participating in the Campaign, every Participant declares full and unconditional consent to the Rules and agrees to accept as final and binding all Nexo’s decisions with regard to the Campaign.

3. Mechanism

3.1.To be eligible for a reward from the Campaign, the Participant has to opt-in to the Rules through the Rewards Hub and open one or more Futures Contracts on the Nexo Platform. 

3.2. To calculate the Profit and Loss indicator (“PnL”) the following transactions shall be excluded: 

3.2.1. Futures Contracts opened before or after the Campaign Period; and

3.2.2. Deferred Futures Orders for opening Futures Contracts and not еxecuted during the Campaign Period;

3.2.3. Futures Orders executed during the Campaign Period contributing toward pre-existing Futures Contracts opened before the Campaign Period; and

3.2.4. Futures Contracts opened via Futures Demo Trading.

    4. Rewards

    4.1. The Campaign comprises twenty (20) rewards (each a “Reward”) at the total amount of 20,000 USDT (“the Prize Pool”). Subject to fulfilling all requirements stated in Article 3, the 20 Participants with the highest PnL (separately referred to as “Winner” and collectively as “Winners”) shall receive a Reward based on a tiered system according to their rank (“Applicable Reward”), as follows:

      • 1st place – 25 % of the Prize Pool in the equivalent of 5,000.00 USDT;

      • 2nd place – 15% of the Prize Pool in the equivalent of 3,000.00 USDT;

      • 3rd place – 10% of the Prize Pool in the equivalent of 2,000.00 USDT;

      • 4th place – 7.5% of the Prize Pool in the equivalent of 1,500.00 USDT;

      • 5th place – 5% of the Prize Pool in the equivalent of 1,000.00 USDT;

      • 6th – 20th places – An equal split of 37.5% of the Prize Pool in the equivalent of 500.00 USDT per user, or otherwise amounting to 7,500.00 USDT in total.

    4.2. The temporary rankings of the Campaign (“Leaderboard”) shall be available on the Nexo Platform and shall be updated daily. Participants who have opted-in to the Rules after 01:00 UTC on the respective day shall be included in the Leaderboard on the following day. Nexo reserves the right to amend this procedure at any time during the Campaign Period at its sole and absolute discretion and disclaims liability for any delays, errors, or omissions

    4.3. The Applicable Reward will be transferred to the Winner’s Nexo Account in the Futures Wallet. All Applicable Rewards will be made available to the Winners in their Futures Wallets on the Nexo Platform by March 14, 2025.

    4.4. Requests for payout of the Applicable Reward in cash or Digital Asset types other than USDT, as well as requests for transfer or assignment of the Applicable Reward to third parties, shall not be allowed, nor considered by Nexo.

    4.5. The Winner shall be fully and solely responsible for (i) any and all expenses related to the Applicable Reward payout, including without limitation any and all federal, state, and/or local taxes, any fees or sanctions imposed in this regard; (ii) ensuring his/her compliance with any and all applicable federal, state, and local laws and regulations in regard to the reward receipt.

    4.6. Nexo shall have no liability or responsibility in case the event is canceled, changed, or modified, regardless of any reason.

    ANY VIOLATION OF THE RULES BY THE WINNER WILL RESULT IN THE WINNER’S DISQUALIFICATION AS A WINNER OF THE CAMPAIGN.

    5. Rights Reserved by Nexo

    5.1. Nexo reserves the right, at its sole discretion, to cancel, terminate, modify or suspend the Campaign should virus, bug, non-authorized human intervention, fraud, or other cause beyond Nexo’s control corrupt or affect the administration, security, fairness, or proper conduct of the Campaign.

    5.2. Nexo reserves the right, at its sole discretion, to disqualify, revoke or deny the Campaign’s Reward, block access to products, or exclude from future promotional offers any client who tampers or attempts to tamper with the entry process or the operation of the Campaign, including but not limited to engaging in dishonest or abusive activities, bulk-account registrations to obtain additional Rewards, using the same top-up/withdrawal addresses or generate activity from the same IP address and any other activity that is unlawful, fraudulent, or harmful or such that violates the Rules or the General Terms. Nexo has the right, at its sole discretion, to maintain the integrity of the Campaign, including, but not limited to, the use of bots, macros, scripts, or other technical means for entering. Any attempt by a Participant to undermine the legitimate operation of the Campaign may represent a violation of criminal and civil laws. Should such an attempt be made, Nexo reserves the right to seek damages to the fullest extent permitted by law.

    6. Others

    6.1.  Nexo, at its sole discretion, at any time during the Campaign Period, can amend the Rules.

    6.2. Any notice required or made under these Rules by any Participant to Nexo shall only be made via e-mail in English to [email protected]. Any notice required or made under these Rules from Nexo to any Participant shall be considered validly received when addressed to the Participant’s last provided email address, mailing address, or phone number.

    6.3. Nexo shall have no liability for any Participant’s failure to receive notices therefrom regarding the Campaign due to spam, junk e-mail, or other security settings or any Participant’s provision of incorrect or non-functioning contact details. If a Participant cannot be contacted or is ineligible, Nexo, at its sole discretion, may invalidate any Reward under Art. 4. 6.4. All relations between Nexo and the Participants will be governed by the present Rules, the General Terms, and the Applicable Law, as defined by the General Terms.

    6.5. By entering the Campaign, the Participants declare that they have reviewed, accepted, and consented to all terms and conditions of the Rules.