In this article, you will find a step-by-step guide on the Rewards Lounge.
Step 1. Making a deposit
Log in to app.earnpark.com
Make a deposit and ensure that the deposit amount is eligible for the achievement.
Step 2. Achievement requirements verification
Eligibility check:
After you make a deposit, the system automatically checks to see if your deposit qualifies for the achievement.
Achievement status:
If the requirements are met, the achievement changes status from "Get rewards" to "Locked". This means that you have met the conditions for the achievement, but the reward is currently locked
Step 3. Reward lock period
Lock period starts:
A lock period starts after receiving an achievement.
Status tracking:
You can monitor the status of the achievement in the Rewards Lounge on the achievement card.
Step 4. Unlocking the reward
After the lock period is over, the achievement status will change to "Claim now".
Click on "Claim now" to receive the reward.
The final achievement status will change to "Claimed"
Rules and conditions:
All EarnPark users are eligible to participate.
Only deposits made after the launch of the Rewards Lounge will be eligible for Achievements.
The starting balances of current users are fixed to prevent abuse.
For the verification and awarding of achievements, we calculate the value of the deposit in USD at the time of the deposit. For instance, if a user deposits 0.049 BTC at an exchange rate of $61,110.50, equivalent to $3000, the achievement will be considered complete even if the Bitcoin exchange rate subsequently falls below $61,110.50.
If a withdrawal is made during Achievement progress, the progress is put on hold until a new deposit covers the withdrawal.
Example: An Achievement requires a deposit of $1000 in any strategy. A new deposit was made for $800 and then $300 was withdrawn from any strategy. Now achievement progress is on $500/$1000 and a new deposit of $500 is required to complete the achievement.