Welcome to our Crypto.com supercharger article, where we review the profitability and payouts.
The supercharger is a way to earn crypto passive income by depositing into liquidity mining.
Crypto.com is a company offering a complete ecosystem around cryptocurrencies, including the Cypto.com mobile app and the Crypto.com desktop exchange with features for trading, CRO Visa Card, Earn, Pay, and more.
What is Crypto.com Supercharger?
Crypto.com supercharger is a defi liquidity mining platform.
Here, you can deposit CRO tokens to mine the most popular Defi tokens.
The feature is available on the Crypto.com Exchange desktop version and Crypto.com App.
The supercharger feature consists of two events:
- Charging period
- Rewards period
We explain them in detail below.
Crypto.com Supercharger Charging
Here you can find the charging period for the Crypto.com supercharger.
Important to notice is that you don´t lock any funds in. There is unlimited deposit and withdrawals.
Also, you should notice that you need to accept the reward tokens, or they will not be distributed.
Duration: 7-45 days
Deposit Minimum: 100 CRO per deposit
Deposit & Withdrawal limits: Unlimited
Deposit from: Crypto.com Exchange spot wallet, Crypto.com App crypto wallet
Acceptance Period: Immediately after the Charging period ends, the liquidity score will be determined. Once the liquidity score is confirmed, you will receive the option to accept the reward tokens before the reward period ends.
- If you fail to accept your reward distribution before distribution begins, you will lose that portion of the reward scheduled to be distributed.
- App users can accept their allocation in the Crypto.com App.
Crypto.com Supercharger Rewards Distribution
The supercharger reward period starts after the charging period has ended.
Duration: 7-45 days (after the Charging Period ends)
Total Reward amount: Pro-rata based on user’s share of the total liquidity pool
Reward distribution frequency: Daily
Reward amount daily: Total reward divided by duration (in days)
Distributed to: Crypto.com Exchange spot wallet
Crypto.com App Supercharger users will need to open a Crypto.com Exchange account to receive their reward allocation.
Crypto.com Supercharger Calculator
Crypto.com has done it unnecessarily complicated to calculate supercharger profits and rewards. We have a detailed guide with two examples below.
However, you should make a rough estimated calculation to see if it’s worth depositing into the Crypto.com Supercharger.
Check the history in the Crypto.com Supercharger in the desktop exchange. But, be suspicious of that historical APY since Crypto.com is not transparent about how they calculate these estimations. Also, they called in an “internal process” when we asked for the numbers behind the calculation.
- It is quite easy to make a rough estimation yourselves since Crypto.com gives you the available live data. For example, there is a charging period for Terra LUNA right now. According to the data and the print screen below, we have
- USD 1.000.000 worth of LUNA in total rewards
- 929.467.450 CRO * $0.41 = $381.081.655 USD in total stake
So, USD 38.1081.655 staked is about to share $1000.000 in reward
- 1000.000/381.081.655 = 0.00262 = 0.262%
However, this is for 45 days and to get the accurate APY (annual percentage rate), we have to
- (365/45)*0.262% = 2.125%
This is a more accurate APY for Crypto.com supercharger.
There are a lot of numbers to keep track of when you are doing the Crypto.com Supercharger calculations.
Therefore, we have created a guide with a few calculation examples.
Let’s assume the following:
- You stake 100.000 CRO at the start of an ETH Charging Period
- Your total ETH pool rewards (Average staked amount over 30 days): 100.000 (Throughout the Charging Period, hourly snapshots of the rewards pool and crypto provided by each user are logged).
- Total CRO pool amount at the end of the ETH Charging Period: 200,000,000 (This is how many CROs all people have staked together)
- The total amount of ETH allocated for the event is based on the spot price at the end of the Charging Period (So, the price of the underlying cryptocurrency is important at the end of the staking period because the allocation is announced in USD at the beginning of the staking period).
- Total reward allocation: $1,000,000 USD worth of ETH
Crypto.com Supercharger Calculator Example 1
- Rewards Score = (100.000 / 200,000,000) = 0.0005 (Your contribution divided by the total contribution to the charging period)
- Your Total rewards = 0.0005 * 1000 ETH = 0.050 ETH (Your contribution times the total number of ETH to be rewarded. We assume the ETH price is $1000)
- Rewards paid per day during Reward Period =0.050/30 = 0.0166 ETH (Total reward divided by the number of days in the reward period)
Crypto.com Supercharger Calculator Example 2
- Day 1-10: Stake 100,000 CRO into the Supercharger pool (Resulting pool balance: 100,000 CRO)
- Day 11-20: Withdraw 100,000 CRO at the beginning of Day 11 (Resulting pool balance: 0 CRO)
- Day 21-30: Stake 300,000 CRO at the beginning of Day 21 (Resulting pool balance: 300,000 CRO)
- (10 Days * 100,000 CRO + 10 days * 0 CRO + 10 Days * 300,000 CRO) / 30 Days = 133,333 CRO
- Rewards Score = (133,333 / 200,000,000) = 0.00066
- Total rewards = 0.00066 * 1000 ETH = 0.066 ETH
- Rewards paid per day during Reward Period = 0.022 ETH
How do I sign Up with Crypto.com Supercharger?
First, you must be eligible to participate in the Crypto.com Supercharger program.
- All Crypto.com App users outside of Hong Kong SAR, Mainland China, and the USA are eligible to participate in the supercharger.
- Any verified Crypto.com Exchange user (Level: Starter or Advanced) is eligible to participate in the Supercharger events.
- Crypto.com exchange or,
- Crypto.com app,
to participate in the supercharger program.
Below we have a step-by-step guide for both options.
Sign up with Crypto.com App
- Sign up with Crypto.com App. How to sign up with the Crypto.com app and claim a referral bonus
- Open the Crypto.com App
- Look for the Supercharger banner on the home screen. See the screenshot below. The other option is to click the Crypto.com logo in the middle at the bottom and click Supercharger.
4. Under “All events,” look for an event you are interested in and click on the logo.
5. Select “Charge Now.”
6. Read the supercharge terms and conditions
6. Select a supported cryptocurrency from your Crypto Wallet and enter the amount you like to deposit into the pool.
7. Once the charging period for the event is over, accept the reward amount allocated to you.
8. Wait for rewards to be distributed on the Crypto.com Exchange.
Sign up with Crypto.com Exchange
- Sign up with Crypto.com. How to sign up with Crypto.com exchange and claim 500 CRO referral code
- Login to Crypto.com Exchange
- Navigate to the Supercharger page
3. Click into the Supercharger event
4. Deposit to the pool by clicking “Deposit to Supercharger”
5. Accept Reward amount allocated to you
6. Wait for rewards to be distributed
Best Crypto.com CRO interest rates and staking rewards
There are some alternative ways to use you CRO to earn the best interest rates and staking rewards. In the Crypto.com app you can stake your CRO coins to receive a CRO VISA card with a lot of benefits. In addition, you will earn interest and passive income on your staked CRO´s.
Also, you can stake your CRO in the Crypto.com desktop exchange. Here, you will get 10% interest on them and you can enjoy many additional benefits.