# Splashback Contest Rules

## 1. Eligibility

The Splashback Rewards Contest (“Contest”) is open to individuals who (i) are at least 18 years of age (or the age of majority in their jurisdiction of residence, whichever is greater), and (ii) are legal residents of jurisdictions where participation is not prohibited by law. [Terms apply.](terms-of-use)

## 2. How do I enter?

After you spend $10 or more on your Card during a pre-contest period, you will be eligible for a cashback reward and will receive a notification including the rules of the contest and the terms and conditions.

You can opt out of the contest at anytime by going to ether.fi/splashback\_optout

## 3. How do I start playing and what can I win?

The Contest resets every 24 hours (“Contest Period”). Use your skill and knowledge, based on hints we provide and publicly available onchain information, to time your transactions to maximize winning rewards:&#x20;



* Every 3rd qualifying transaction is eligible for a Small Prize.
* Every 33rd qualifying transaction is eligible for a Medium Prize.
* Every 1,500th qualifying transaction is eligible for a Large Prize.

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Prize Calculations:

* Small Prize: the lesser of $3 or 0.2% of the then-current prize pool.
* Medium Prize: the lesser of $15 or 1% of the then-current prize pool.
* Large Prize: the lesser of $100 or 5% of the then-current prize pool.&#x20;

## 4. What hints will be provided?

At the beginning of every Contest Period, we will publish hints, like the last transaction ID from the previous 24-hour period or other helpful information. You can also review our public smart contracts and observe on-chain activity.

## 5.  What are the restrictions?

Only transactions that are Qualifying Transactions (as defined in the [Card Terms](ether.fi-cash-cardholder-agreement-u.s.)) and that are $10 or greater can be used to enter the Contest.

Transactions are only eligible if their global transaction number corresponds to a designated winning transaction number.

After submitting a transaction, no additional transactions from the same participant will be eligible for entry until at least one (1) minute has passed.

A participant who has already won a Large Prize is not eligible to win another Large Prize for a period of three (3) months.

No more than three (3) prizes may be won by any one participant within any rolling 24-hour period.

If the calculated prize amount is less than $1 due to the current prize pool size, no prize will be awarded for that transaction.

## Terms and Conditions

The following terms and conditions apply to the incentive contests held from time to time as announced and described on ether.fi’s website (each, an “Incentive Contest”), offered and organized by ether.fi. These apply in addition and subject to any specific terms identified in your Card Terms and the Cash Cashback Rewards Program Terms and Conditions.

1. Any user who has a Card Account is eligible to enter and win each Incentive Contest (each an “Eligible Account”).
2. Each Incentive Contest will run for a specific period as described in the announcement of each such Incentive Contest (the “Relevant Period”).  Each Relevant Period shall begin at 00:00 UTC (8:00am Cayman time) and shall end at 23:59 UTC on the day the Relevant Period is stated to end. The winner of each Incentive Contest(s) shall be the Eligible Account that uses their skill and knowledge, based on hints to win among all Eligible Accounts during the Relevant Period (each a “Contest Winner”).
3. The reward for the Contest Winner shall be stated in the announcement of the Incentive Contest (the “Incentive”). The Incentive shall be paid directly to the Contest Winner within three (3) days of the ending of each Relevant Period.
4. The Contest Winner shall be determined at the sole discretion of ether.fi. No dispute or correspondence concerning the accuracy of such determination will be entertained.
5. Any cost associated with receiving an Incentive, including but not limited to liability(ies) to any relevant tax authority(ies), is the sole responsibility of the Contest Winner.
6. These terms and conditions are governed by the laws of Puerto Rico and all Eligible Account owners agree to irrevocably submit themselves to arbitration, in accordance with your Card Terms in the determination of any matter or dispute arising in connection therewith.
7. Ether.fi reserves the right in its sole discretion, to cancel, terminate, modify or suspend any Incentive Contest and/or the award of any Incentive.
8. Customers will be disqualified and will not be entitled to receive the Incentive if[ Ether.Fi](http://ether.fi/) determines, in its sole discretion, that the user is using a VPN, shared device, shared identification credentials, or is otherwise suspected of fraudulent activity
9. ETHFI tokens have no guaranteed value or liquidity. Token value may decrease significantly or become illiquid. Users should evaluate risks before participating
10. Cryptocurrency staking and DeFi activities carry significant risks including total loss of funds. Users should not stake assets they cannot afford to lose
11. Users are responsible for determining if their participation complies with local laws and regulations regarding cryptocurrency and DeFi activities. Not available in restricted jurisdictions.

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