The promotion covers only Ethereum (ETH) and is based on 14-day plans that can be opened for 15 days of the promotion – from November 25 to December 9, until 8:00 p.m. During this time, a user who deposits his ETH in ZND Earn benefits from a promotional interest rate consisting of two elements:
basic reward of 5% APR paid in ETH, additional reward of 5% APR paid in ZND token.
This means that in relation to the standard ETH plan, the effective APR is more than doubled under this action.
Additional ZND rewards are not paid immediately upon completion of a single plan, but in a separate step within 14 business days of the end of the entire promotion. The conversion of ETH to ZND is made according to the average closing price of the day during the campaign period, which is intended to average out fluctuations and base the value of the bonus on data from the entire campaign, not a single moment in the market.
How do double rewards work?
The promotion mechanism was built to combine the well-known ETH reward model with an additional component in the form of the ZND token.
The first element is a promotional reward – 5% APR in ETH. In this respect, the plan works like a promotional subscription in ZND Earn: the user deposits Ethereum, the funds are blocked for 14 days, and the reward in ETH is calculated in accordance with the service regulations.
The second element is an additional reward – another 5% APR, but paid not in ETH, but in ZND. After the promotion ends, ZND calculates the equivalent of these additional rewards based on the average ETH/ZND closing rate over the entire campaign period. On this basis, ZND tokens corresponding to the value of the second, “additional” five percent APR are transferred to user accounts.
In practice, this means that one 14-day ETH plan simultaneously:
- generates a reward in ETH according to the promotional APR,
- builds exposure to the ZND token without having to purchase it separately on the market.
For users who have so far kept Ethereum mostly passive, this may be a way to check how ZND Earn works, while also entering the broader ZND ecosystem.
ZND emphasizes that the process of joining the promotion should be as simple and understandable as possible, also for people who do not use extensive financial products on a daily basis.
In practice it looks like this:
- the user logs in to zondacrypto – in the mobile application or via the website,
- then goes to the ZND platform and opens the Earn tab,
- chooses Ethereum (ETH) and a 14-day plan covered by the Black Week promotion,
- enters the amount you want to deposit and confirms your subscription.
From that moment on, the funds are covered by the plan under the agreed conditions, and the basic reward in ETH is calculated in accordance with the regulations. After the end of the promotion, within 14 business days, an additional prize in ZND is transferred to the user’s account, the value of which is calculated on the basis of the above-mentioned average exchange rate over the entire duration of the promotion.
The offer is temporary and lasts from November 25 to December 10, until 10:00.
