$KASU Referral Bonus Terms & Conditions
Invite a friend with your Kasu referral link. When their very first loan on Kasu is accepted and earning, a yield bonus equal to 10% of their interest is created (in addition to their base interest earnings) each weekly epoch and shared 50/50 between you and your friend. The bonus lasts up to 12 months (or until reaching the 1,000 USDC total equivalent cap) and applies only to the initial principal of that first loan.
Step‑by‑step
Get your link Go to Portfolio → Bonuses & Rewards → KASU Referral Bonus and copy your referral link. You must complete KYC first.
Your friend uses the link They click your link and sign the referral transaction with a compatible Web3 wallet. Tip: they shouldn’t clear cookies/cache until after signing, or the attribution may be lost.
Their first loan is deployed The bonus applies only to the initial principal amount of your friend’s first accepted/active loan on Kasu. If their first lending request is rejected, the referral link becomes void and can’t be reused.
Weekly bonus accrues Each weekly epoch, Kasu calculates your friend’s interest on that first‑loan principal. The yield bonus = 10% × (that interest). It’s split 50% to you / 50% to them. This does not change base APY; it’s an additional bonus based on interest earned.
Duration & caps The bonus continues while both of you maintain eligibility and your friend’s first loan remains active, for up to 12 months. There is a cap of KASU tokens equivalent to 1,000 USDC (shared 50/50). If your friend withdraws or deploys subsequent loans, the base used for the calculation may reduce (FIFO method) and doesn’t expand with later top‑ups.
Claiming your bonus Bonuses accrue each weekly epoch on‑platform.
Before KASU TGE: bonuses accrue notionally.
After TGE: you can claim accumulated bonuses to your Web3 wallet via the Kasu platform.
View & track Connect your wallet and see Accumulated and Claimed amounts anytime in Bonuses & Rewards → KASU Referral Bonus.
Examples & Clarifications
Dollar example: Friend earns $100 interest this weekly epoch → bonus = $10 worth of KASU tokens → $5 to you, $5 to them.
APY clarity: If your friend’s base APY is 15%, the bonus program does not add an additional 10% to total 25% APY. The 10% yield bonus is calculated on interest earned, not added as +10 percentage points.
$KASU Referral Bonus Campaign Terms and Conditions
Eligibility
Participation in the KASU Referral Bonus Campaign ("Campaign") is open to individuals and entities who meet the requirements outlined below and who comply with these Terms and Conditions ("Terms").
For the purposes of this document, an individual or entity that undertakes a successful referral is defined as a "Referrer Participant,” and an individual or entity that has been successfully referred is defined as a “Referred Participant, together referred to as “Participants.”
Participants must be at least 18 years old and not reside in jurisdictions where participation in this Campaign is prohibited by law. Kasu reserves the right, in its sole and absolute discretion, to block participation from any jurisdiction at any time if it deems it necessary for legal, regulatory, or business reasons, even if not explicitly prohibited by law.
Participants must hold a compatible Web3 wallet capable of receiving KASU tokens at the time they claim via the Kasu platform.
Kasu reserves the right to require identity verification (e.g., KYC/AML checks) from any participant at any stage of the Campaign, and failure to comply will result in disqualification and forfeiture of any bonuses.
Campaign Details
Both Referrer Participants and Referred Participants will become eligible to receive a referral bonus in KASU tokens each following weekly epoch if the Referrer Participant completes a successful referral subject to these Terms.
A successful referral entitles the Referrer Participant and the Referrered Participant to share a referral bonus (“Bonus”), paid in KASU tokens, equivalent to 10% (5% to each Participant) of the Referred Participant’s interest earnings every weekly epoch, subject to the following:
The Bonus will apply to the interest earnings associated with the initial principal amount of the very first loan that a Referred Participant successfully deploys (i.e., is accepted and active) on the Kasu platform after utilising a valid referral link. It does not apply to any loan attempts that are not ultimately accepted, or any subsequent or increased loan amounts deployed by the Referred Participant.
If the Referred Participant’s very first lending request is rejected, then this will make their referral link void, thereby preventing it from being used again for a subsequent lending request.
Participants will be eligible for the Bonus for a maximum period of 12 months, capped at a maximum of KASU tokens equivalent to 1,000 USDC equivalent for each Participant, whichever occurs first, and only for the duration of the Referred Participant’s first loan deployed on the Kasu platform.
Should a Referred Participant deploy any subsequent loans and make any withdrawals during the 12-month period, this will negatively impact their loan amount and associated interest earnings used to calculate the Participants’ referral bonus(es). For the purposes of this calculation, reductions will be applied on a First-In-First Out (FIFO) basis, and Kasu’s calculation shall be final and binding.
Bonus(es) will accrue to Participants each epoch on the Kasu platform.
Participants must claim their eligible Bonus(es) via the Kasu platform to receive them into their Web3 wallets.
Bonus claims can only occur after the KASU Token Generation Event (TGE). For successful referrals prior to the KASU TGE, Participants will notionally accumulate their Bonus(es) which can be claimed via the Kasu platform post-TGE.
Participants can view their accumulated and claimed Bonus(es) at any time on the Kasu platform - including the notional amount accumulated pre-TGE (where applicable) - by connecting their Web3 wallet and navigating to the Bonuses & Rewards tab of their Portfolio, in the table titled KASU Referral Bonus.
Referral bonuses accumulated and amounts available to claim are subject to Kasu’s sole and absolute discretion and operational timelines, including, without limitation, the right to adjust, pause, or discontinue the accumulation or claiming of bonuses at any time for any reason.
Participation Requirements
For a referral to be eligible:
Referred Participants must utilise a referral link provided to them via, and generated by, the Kasu platform only.
Referred Participants must click on the referral link and sign the referral transaction with their Web3 wallet.
The loan deployed by a Referred Participant must be their first loan, regardless of how many Web3 wallets they may utilise to lend via Kasu.
It is noted that a Referrer Participant's referral link provided to a Referred Participant is only active so long as the Referred Participant does not clear session data (cookies, cache etc.) prior to signing the referral transaction with their Web3 wallet. Once a Referred Participant signs a referral transaction with their Web3 wallet after clicking on a referral link, the Referred Participant is bound to that particular referral link, and therefore can no longer clear session data to utilise an alternative referral link from a different Referral Participant.
Participants acknowledge and agree that the integrity of the referral tracking mechanism relies on browser session data. Kasu is not obligated to manually verify or attribute referrals where session data is lost or cleared, and all determinations regarding valid referrals are at Kasu's sole discretion. Kasu is not responsible for any Bonus(es) that a Referrer Participant would otherwise have been entitled to if the Referred Participant clears session data as noted above.
Lending undertaken by Referred Participants must be conducted through the official Kasu platform or smart contracts as specified by Kasu.
Kasu reserves the right to verify the legitimacy of all referral activity lending transactions and disqualify any Participant suspected of fraudulent activity, including but not limited to wash trading, spoofing, self-referrals, manipulation in any form, or any activity deemed by Kasu, in its sole discretion, to be inconsistent with the spirit or intent of the Campaign.
All Participants are solely responsible for ensuring their wallet addresses are correct and accessible. Kasu is not liable for lost or undeliverable KASU Tokens due to incorrect wallet information, and any attempts to reverse or recover tokens sent to an incorrect address will not be accommodated by Kasu.
Token Valuation and Distribution
The number of KASU tokens associated with the Bonus(es) for Participants prior to TGE will be determined based on the launch price of KASU tokens at the TGE, as set by Kasu, and such determination shall be final and binding.
Kasu reserves the absolute right and full discretion to adjust the quantity of KASU tokens distributed to reflect the value of the referral bonus associated with 10% (5% each) of the Referred Participant’s interest earnings if the token price fluctuates prior to distribution, or due to any operational or market conditions as determined by Kasu. Participants acknowledge and agree that the final quantity of KASU tokens distributed may vary from notional or estimated amounts due to such adjustments and market volatility.
Distribution timelines are estimates and may be delayed due to technical, operational, regulatory reasons, or any other unforeseeable events. Kasu will not be liable for delays in token distribution, and Participants acknowledge that such delays do not constitute a breach of these Terms.
Modification or Termination
Kasu reserves the right to modify, suspend, or terminate the Campaign at its sole and absolute discretion at any time, with or without notice, for any reason, including but not limited to security or operational issues, regulatory changes, unforeseen circumstances, or for any other reason as determined by Kasu in its sole discretion.
Kasu reserves the right and retains full discretion to amend all aspects of the Campaign without prior notice, including but not limited to the referral bonus amount, the associated timeline, how long it will remain active, and how or when it can be claimed.
In the event of termination, Participants will not be entitled to any compensation or referral bonuses for any referrals made prior to the termination date unless otherwise specified by Kasu. Participants acknowledge that Kasu has no obligation to compensate for any lost anticipated bonuses or opportunities in the event of Campaign modification, suspension, or termination.
No Guarantee of Value
Kasu makes no representations or warranties regarding the future value, utility, or marketability of KASU tokens. Participants acknowledge that token values are subject to market risks and volatility.
The Campaign does not constitute an offer to sell securities or an investment contract, nor does anything in the Campaign or these Terms and Conditions constitute financial, investment, or legal advice. Participants should seek independent professional advice.
Liability Limitation
Kasu is not liable for any losses, damages, or costs incurred by Participants arising from participation or attempted participation in the Campaign, including but not limited to technical failures, blockchain network issues, wallet security breaches, or issues arising from third-party services.
Participation is at the Participant’s own risk and Participants hold harmless Kasu and its related bodies corporate, affiliates, directors, employees, contractors, agents, and service providers. Kasu disclaims liability for any direct, indirect, incidental, special, consequential, or other damages. Kasu makes no guarantee regarding the uninterrupted availability or functionality of the Kasu platform or the Campaign mechanics.
Taxes and Compliance
Participants are solely responsible for determining and fulfilling any tax obligations related to receiving KASU Tokens under applicable laws in their jurisdiction. Kasu does not provide tax advice.
Kasu may require Participants to provide additional information (e.g., KYC details) to comply with regulatory requirements, and failure to provide such information in a timely manner or to Kasu's satisfaction may result in disqualification and forfeiture of any accrued or future bonuses.
Force Majeure
Kasu is not responsible for failure to perform obligations under this Campaign due to events beyond its reasonable control, including but not to network failures, hacks, government actions, or natural disasters.
Governing Law
These Terms and Conditions are governed by the laws of the British Virgin Islands. Any disputes arising out of or in connection with these Terms and Conditions shall be subject to the exclusive jurisdiction of the courts of Cayman Islands.
Acceptance of Terms
By participating in the Campaign, Participants agree to be bound by these Terms and Conditions as amended from time to time and any additional rules set by Kasu.
Kasu’s interpretation of these Terms and Conditions is final and binding and no discussion will be entered into.
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