The Supercharge Rewards Program gives you 50% annually when you hold cUSD and/or cEUR in Valora.
This Supercharge Rewards Program is the effort of the Celo community with the rewards coming from the decentralized Celo Community Fund via a multisig wallet operated by community volunteers (the “Celo Community Volunteers''). Read more about the community fund
and, if you’d like to join the conversation, you can find the forum
. The Supercharge Rewards Program is decentralized and is not managed or operated by the Celo Foundation or any of its Alliance for Prosperity members.
Here’s how it works:
Start by adding at least 10 cUSD/cEUR to your wallet
. You can follow these instructions for
You can maximize your rewards by holding a balance of 1,000 cUSD/cEUR. You will not get rewarded on any amount above 1,000 cUSD/cEUR.
Connect your phone number during onboarding. You can also tap “Connect phone number” on the Supercharge page.
Rewards are calculated at the end of each week based on the average cUSD/cEUR balances you held during the entire period (“balance”).
Rewards are credited to your cUSD/cEUR balances within 3 days after the end of each period.
You can withdraw, send, or spend your crypto anytime.
To ensure eligibility, connect your phone number.
(this is the process when you receive 3 text messages).
Eligibility is contingent upon maintaining an average balance of at least 10 cUSD/cEUR in your account during the rewards period.
Your account's average cUSD/cEUR balance during the entire rewards period is calculated by averaging your account’s cUSD/cEUR balances over all blocks validated during the rewards period in the Celo blockchain.
Rewards will be distributed on a first come, first serve basis (by phone number connection date)
Rewards will only be available for a limited time while the funds for this program last. So start getting rewarded today!
What is cUSD?
Celo Dollars, or cUSD is an asset designed for everyday life: people can easily pay, save and send with cUSD to anyone with a phone number, worldwide. cUSD has a stable value that tracks the US Dollar.
What is cEUR?
Why did my rewards not show up? There are a few possible reasons:
The address with the qualifying balance may not have connected their phone number. An easy way to do this is to connect your phone number with the Valora app by following the onboarding steps in the app! You can also tap “Connect phone number” on the Supercharge page.
It can take some time to process the rewards and send them. Rewards will usually be processed within 3 days of the end of the rewards period.
The rate and terms are subject to change over time, and are void where prohibited. Rewards are not guaranteed, may be discontinued at any time, and will be allocated on a best efforts basis. Actual results may vary, based on various factors such as leap years, governance change, timing of transfers, rounding, fund exhaustion, and variation in rewards rates.
A ‘rewards period’ or ‘period’ refers to the duration of time between Monday at 0:00 UTC and the following Monday at 0:00 UTC. During this time, the average account balance needs to be 10 cUSD/10 cEUR or higher, and the phone number connected to the account must be confirmed, in order to receive rewards.
LIMITATION OF LIABILITY
YOUR PARTICIPATION IS AT YOUR OWN RISK. THE SUPERCHARGE REWARDS PROGRAM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER THE CELO COMMUNITY VOLUNTEERS NOR ANY PERSON OR ENTITY ASSOCIATED WITH CELO ALLIANCE FOR PROSPERITY (“CELO COMMUNITY”) MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY OR AVAILABILITY OF THE SUPERCHARGE REWARDS PROGRAM. THE CELO COMMUNITY AND THEIR SUCCESSORS AND ASSIGNEES HEREBY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT AND FITNESS FOR PARTICULAR PURPOSE. IN NO EVENT WILL THE CELO COMMUNITY, THEIR SUCCESSORS AND ASSIGNEES, AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SUPERCHARGE REWARDS PROGRAM AND ANY WEBSITES OR APPLICATIONS LINKED TO IT, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED REWARDS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT OR OTHERWISE, EVEN IF FORESEEABLE.