Solana staking match rewards Terms and Conditions | Robinhood

Solana staking match rewards Terms and Conditions

FAQ

Who is eligible for a staking match reward?

New and existing customers who stake at least .001 SOL can earn a match up to €10,000 in SOL. For example, if you earn €1 of SOL, we'll match that €1.

What if I unstake all of my SOL?

You will stop earning match rewards if you unstake your SOL. If you restake SOL, you can continue earning the reward match.

What can I do with my staking match reward?

You can trade or stake the reward amount. However, the cash value of the reward must be held for 180 days after it’s granted. After that 180-day window, there are no restrictions on withdrawing the proceeds.

How do I claim my staking match reward?

Once your crypto reward is available, we will send you a notification. In case you miss the notification, you can access your reward by going to History and track the status of your rewards.

Questions?

If you have any questions, you can contact us for help in the app through chat support or by emailing cryptoeusupport@robinhood.com.

Terms and Conditions

Updated: 29 August 2024

The Robinhood Crypto Solana Staking Reward Match Terms and Conditions (“Terms”) apply to your access to and participation in the Robinhood Crypto Solana Staking Reward Match Program rewards promotion (the “Promotion”), which is operated by Robinhood Europe, UAB (collectively, “RHEC”, “our”, “us”, or” we”). These Terms complement and incorporate by reference the Robinhood Europe Crypto Customer Agreement (the “Customer Agreement”). In the event of any conflict between the Customer Agreement and these Terms, the Customer Agreement will control.

Eligibility: This is a limited time offer, subject to availability and/or while supplies last (“Offer Period”). The Promotion is valid only for those RHEC customers that RHEC contacts directly about the offer and who stake SOL during the Offer Period. All eligible customers who stake their SOL are opted into the Promotion. RHEC reserves the right to modify or cancel the offer, change the terms, eligibility criteria, and payouts for all offers at any time, for any reason.

Offer; Rewards: During the Offer Period, Robinhood Crypto will match 100% of an eligible customer’s SOL staking earnings, subject to a maximum of €10,000 per customer. All reward amounts will be in SOL and will be added to your RHEC account weekly on Thursday when your match is paid out.

Maximum earnings during the Offer Period is €10,000 per customer.

Limitations: The cash value of the reward must be held for 180 days after it’s granted. The reward may be delayed, declined, or rescinded in RHEC’s sole discretion if, for example, RHEC determines that there may be circumstances indicating fraud or a violation of these Terms or the Customer Agreement. RHEC reserves the right to change or restrict the offer terms, or terminate the offer, at any time without notice. This offer is valid even if other RHEC offers have already been accepted. The offer is only available for personal use, and may not be used for commercial purposes.

The offer isn’t transferable, saleable, or valid in conjunction with certain other offers, and is available to eligible RHEC customers. Employees, contractors, or persons similarly associated with RHEC or a Robinhood affiliate; members of their household; and employees of any market maker aren’t eligible. Other restrictions may apply.

Availability is limited to certain jurisdictions only and subject to change. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business.

Taxes: Taxes related to this offer are solely your responsibility. Consult with your tax advisor about the appropriate tax treatment for this offer and any tax implications associated with receipt of a crypto reward before enrolling.

Disclosures: Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Crypto services are offered to eligible customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under No. RDWW-1076 in the register of virtual currency activities, kept by the Director of the Tax Administration Chamber in Katowice, in accordance with the Anti-Money Laundering and Counter-Terrorist Financing Act applicable in Poland. RHEC is also registered according to the regulatory requirements of the Republic of Italy in the special section of the register of bureaux de change (virtual currency and digital wallet services providers) kept by the Organismo Agenti e Mediatori (OAM) under No. PSV153. RHEC is subject to requirements and obligations applicable in the Republic of Italy in accordance with the Legislative Decree No. 231/2007 as to the prevention of the use of the financial system for the purpose of money laundering and terrorist financing and, to this end, is supervised by the Finance Intelligence Unit (Unità di Informazione Finanziaria – UIF) of the Bank of Italy.

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Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.
Follow us on

Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

Robinhood, 85 Willow Road, Menlo Park, CA 94025.© 2024 Robinhood. All rights reserved.