Terms & Conditions
Current Phase Starts at
April 15, 8AMUTC
Terms & Conditions
1. The event runs from 8:00AM UTC on April 15, 2021 to 8:00AM UTC on July 8, 2021 for a total of seven (7) phases. Yield voucher subscriptions for each phase can be made during the times stated below. Your yield will be calculated the moment each phase starts.
Phase 1: April 15, 2021, 8AM UTC - April 16, 2021, 8AM UTC
Phase 2: April 22, 2021, 8AM UTC - April 23, 2021, 8AM UTC
Phase 3: April 29, 2021, 8AM UTC - April 30, 2021, 8AM UTC
Phase 4: May 6, 2021, 8AM UTC - May 7, 2021, 8AM UTC
Phase 5: May 13, 2021, 8AM UTC - May 14, 2021, 8AM UTC
Phase 6: May 20, 2021, 8AM UTC - May 21, 2021, 8AM UTC
Phase 7: June 9, 2021, 8AM UTC - June 11, 2021, 8AM UTC
2. Your subscription amount will be based on your trading account's BTC or USDT wallet balance. The amount for each subscribed yield voucher must be less than or equal to the corresponding asset (bonus not inclusive) of your wallet balance.
3. Your trading account's wallet balance can still be used as margin. Activities such as trading and withdrawals will not be affected.
4. An active voucher will be forfeited if your daily average wallet balance falls below your subscription amount. You will not receive any interest from that day onwards.
5. Daily average wallet balance is calculated as the time-weighted average of your BTC or USDT hourly wallet balance from 8:00AM UTC till 8:00AM UTC the following day.
6. You can subscribe to one yield voucher in each phase, and hold up to one active yield voucher at a time. You may subscribe to another one for the next phase 24 hours before the expiration of your existing voucher.
7. The subscription amount for your BTC or USDT yield voucher must be a multiple of 0.001 and 100, respectively. The upper limits are 1 and 50,000 for BTC and USDT, respectively.
8. Yield Return=(Subscription Amount x Annualized Percentage Yield x Eligible Days)/365. It will be credited in BTC or USDT to your corresponding account within 24 hours of the yield voucher expiry.
9. Multi-account registration to farm Bybit rewards or any other abusive and fraudulent behaviors will result in immediate termination of all associated accounts. Yield voucher is not supported in subaccounts.