# Hold and Earn

A <mark style="color:blue;">**Hold-to-Earn Campaign**</mark> is a <mark style="color:blue;">**limited-time event**</mark> on Cede Hub where participants <mark style="color:blue;">**earn rewards for holding a specific token**</mark> in their connected exchange accounts.

Unlike trading campaigns, rewards are based on <mark style="color:blue;">**maintaining a token balance over time**</mark>, rather than generating trading volume.

***

### How It Works

1. **Campaign Selection**
   * Each campaign focuses on <mark style="color:blue;">**one or more eligible tokens**</mark>.
   * All details - including <mark style="color:blue;">**duration**</mark>, <mark style="color:blue;">**prize pool**</mark>, and <mark style="color:blue;">**specific rules**</mark> - are published on the <mark style="color:blue;">**campaign page**</mark>.
2. **Opting In, Buying, and Holding**

   To participate:

   * **Opt In:** Actively join the campaign through the <mark style="color:blue;">**Cede Hub interface**</mark> before it starts.
   * **Buy the Token:** Purchase the eligible token via the <mark style="color:blue;">**Cede Hub trading interface**</mark>, ensuring you meet the <mark style="color:blue;">**minimum holding requirement**</mark> (if any).
   * **Hold:** Maintain at least the <mark style="color:blue;">**minimum required balance**</mark> in your connected exchange account <mark style="color:blue;">**throughout the epoch**</mark>.

   If your balance drops below the requirement at any time, you <mark style="color:blue;">**lose eligibility for rewards**</mark> in that epoch.
3. **Epoch**
   * Campaigns are divided into smaller time periods called <mark style="color:blue;">**epochs**</mark>.\
     Each epoch has its own <mark style="color:blue;">**leaderboard**</mark> and <mark style="color:blue;">**volume (or holding) limit**</mark>, which <mark style="color:blue;">**resets**</mark> at the end of the epoch.
   * Your eligibility is <mark style="color:blue;">**checked periodically**</mark> during each epoch.
   * <mark style="color:blue;">**Rewards are distributed within 24 hours**</mark> after each epoch ends.
   * <mark style="color:blue;">**Balances reset**</mark> with each new epoch, so you must <mark style="color:blue;">**continue holding**</mark> to qualify for subsequent ones.

***

### Campaign Rules

{% tabs %}
{% tab title="Pro-Rata" %}
Rewards are distributed <mark style="color:blue;">**proportionally**</mark> based on both <mark style="color:blue;">**holding amount**</mark> and <mark style="color:blue;">**time held**</mark> during each epoch.

* No minimum holding: You only need to <mark style="color:blue;">**hold any amount**</mark> of the eligible token <mark style="color:blue;">**when the epoch ends**</mark>.
* Rewards are calculated using a <mark style="color:blue;">**holding score**</mark> *(= token amount × hours held)*, compared across <mark style="color:blue;">**all participants**</mark>
  {% endtab %}

{% tab title="Fixed Spots" %}
A predefined number of <mark style="color:blue;">**reward spots**</mark> are be available, each offering a <mark style="color:blue;">**fixed reward**</mark>. Spots operate on a <mark style="color:blue;">**first-come, first-served**</mark> basis:

* A <mark style="color:blue;">**spot is locked**</mark> when a user <mark style="color:blue;">**opts in**</mark> and <mark style="color:blue;">**buys the required amount**</mark> through the <mark style="color:blue;">**Cede Hub interface**</mark>.
* If a holder’s <mark style="color:blue;">**balance falls below the minimum**</mark> at <mark style="color:blue;">**any snapshot**</mark>, the wallet is <mark style="color:blue;">**automatically opted out**</mark>, the <mark style="color:blue;">**spot is vacated**</mark>, and the <mark style="color:blue;">**earliest waitlisted eligible wallet**</mark> is promoted.
* The <mark style="color:blue;">**reward for that spot**</mark> is paid <mark style="color:blue;">**pro-rata**</mark> based on the <mark style="color:blue;">**time the requirement**</mark> was met during the epoch.
  {% endtab %}
  {% endtabs %}


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