Last update: 5th April, 2026
Welcome to the VelarisVelaris Core Campaign (the "Campaign"). By participating in the Campaign, you agree to be bound by these Terms and Conditions (the "Terms").
These Terms are an integral part of Velaris's User Agreement. In the event of any inconsistency between these Terms and the User Agreement, the User Agreement shall prevail.
1. Campaign Overview
1.1. When you join the Campaign, you agree that the amount you commit to the Campaign will be held by Velaris.
1.2. There are two types of Rewards under the Campaign. Your Rewards will come from Velaris and may vary depending on market conditions.
1.3. The Campaign starts on 5th April, 2026, and has no set end date. Velaris reserves the right to change the duration of the Campaign at its sole discretion.
1.4. The name "Velaris Core" refers solely to the name of the Campaign and does not relate to any fiat currency, any traditional financial instruments, or similar concepts.
2. Eligibility
2.1. To participate in the Campaign, you must be a registered User of Velaris.
2.2. You are not eligible to access the Campaign if you have been blocked, restricted, or otherwise had your permissions limited by Velaris for any reason under the User Agreement.
2.3. The Campaign may be unavailable in certain jurisdictions. Velaris reserves the right to modify its availability in specific jurisdictions at its sole discretion.
3. Balance Committed to the Campaign
3.1. To participate in the Campaign, you must transfer a specified amount from your personal Velaris balance to the Campaign account.
3.2. The minimum balance commitment required for the Campaign is $50. The maximum commitment is $1,000.
3.3. Velaris reserves the right to modify the minimum commitment requirement and to set or amend the maximum commitment limit at any time, at its sole discretion.
3.4. There is no lock-up period for the Velaris Core Campaign. You may withdraw your funds, either in full or in part, from your Campaign account at any time.
3.5. Withdrawing the full committed balance will terminate your participation in the Campaign.
3.6. Velaris reserves the right, at its sole discretion, to suspend the ability to withdraw committed balances from Campaign accounts in unforeseen circumstances — including significant market volatility, trading or liquidity disruptions, or other adverse market conditions.
4. Rewards
4.1. Velarisoffers a tiered Annual Percentage Yield ("APY") structure consisting of: (i) Basic rewards at 3% APY ("Basic APY"); and (ii) Bonus rewards at 5% APY, which apply to the first $500 of committed balance for the first 30days ("Bonus APY").
4.2. The specific Basic APY structure for this Campaign is updated weekly and is visible in Velaris's interface for your Campaign account.
4.3. Rewards are credited automatically to your Campaign account on a daily basis at 07:00 UTC, allowing for the calculation of further Rewards based on compound interest.
4.4. Rewards are calculated only for full calendar days on which you have committed your funds to the Campaign.
4.5. You acknowledge that past performance is not indicative of future Rewards, and Rewards may fluctuate or be discontinued at Velaris's sole discretion.
5. Risk Disclosure & Limitation of Liability
5.1. Velarismakes no representations, warranties, or guarantees regarding the profitability, returns, or any financial or economic benefits associated with participation in the Campaign. Participation is solely at the User's own risk.
5.2. The Campaign is not a traditional financial deposit, investment product, or savings account, and it does not carry any guarantees or protections comparable to those offered by financial institutions.
5.3. To the fullest extent permitted by applicable law, Velaris shall not be liable for any losses or damages arising out of or in connection with participation in the Campaign.
6. Termination
Velaris may terminate or suspend your access to the Campaign at any time, with or without prior notice and without liability, for any reason, including but not limited to a breach of these Terms.
7. Amendments
Velaris reserves the right to modify these Terms at any time. Any changes will be effective immediately upon posting, and your continued participation after such posting will constitute acceptance of the changes.