When does the campaign start and end?
This promotion is valid from 00:00 (GMT+0) on 16 April 2025 until 00:00 (GMT+0) on 16 October 2025, inclusive of both start and end dates.
How can I join this promotion?
Referrers and Referees will qualify for the promotion bonus once the Referee meets all of the following criteria:
Completes KYC Level 2 as part of Bake’s onboarding process.
Allocates at least US$500 into any one of Bake’s services or products.
Maintains an average balance of US$500 or more in any one of Bake’s services or products for a continuous period of 60 days.
Once these conditions are met, the Referee is considered a Successful Referee, and the promotion bonus will be credited accordingly.
Who’s eligible?
Please note that users must complete KYC level 2 verification to be eligible.
Residents of these jurisdictions are excluded from Bake’s services. This includes participation in our campaigns or promotions. Additionally, residents of Germany and Singapore are currently not eligible to participate.
Are there any restrictions for Referees?
Yes, Referees must meet the following location requirements to be eligible for the bonus:
Must not reside in any country listed on the Excluded Countries list; and
Must not reside in a Restricted Jurisdiction, which refers to regions where promotion bonuses are not applicable. These will be clearly indicated via a banner on your dashboard.
If a Referee is located in a Restricted Jurisdiction, neither the Referrer nor the Referee will qualify for the bonus.
Can I earn a commission from my existing referrals?
Please note that only referrals made on or after April 16 will be eligible for this referral promotion.
What are the terms and conditions for receiving the promotion bonus?
There is no cap on the number of bonuses a Referrer can earn. However, each Referrer is eligible for only one bonus per Successful Referee across all Bake promotions during the Promotion Period.
The promotion bonus is awarded in DeFiChain (DFI) cryptocurrency. Once all eligibility criteria are met, both the Referrer and Referee will receive US$10 each, paid in DFI.
Bonuses are allocated to Bake’s staking product, where they earn staking rewards every 12 hours.
All bonuses are locked for 6 months and may only be withdrawn after the lock-up period ends.
Bonuses are non-transferable and cannot be exchanged for cash or alternative rewards.
Allocations under US$500.00 will not qualify for the bonus and cannot be combined to meet the minimum requirement.
Please check our T&Cs for more details.
Are there any additional terms I should be aware of?
Bake is not responsible for any taxes or other liabilities that may arise from receiving the promotion bonus. Participants are solely responsible for complying with their local tax regulations.
All decisions made by Bake regarding this promotion are final, conclusive, and binding, and no correspondence will be entered into.
Please contact our support team for any additional information.