Dear SafePal Community,
We recently announced that SafePal is live on Arc from day one. Native Arc assets are supported across our mobile app, hardware wallet line and browser extension. USDC vaults on Morpho curated by Gauntlet and Steakhouse Financial are also integrated into the SafePal Earn yield aggregator.
Now it is time to put those vaults to work, while celebrating the launch of Arc Mainnet within the SafePal wallet suite.
From 26th October to 26th November 2026, 9 AM UTC, SafePal is running a 30 day staking leaderboard campaign. Ten SafePal Earn vaults are eligible, spanning Arc, Ethereum, Base and Arbitrum One. Deposits into Arc Chain vaults earn a 2x score multiplier.
The top 100 scorers at campaign close each win a SafePal Limited Edition USDC X1 Hardware Wallet, plus a 10 USDC (Arc) rebate after activation. That is 100 free hardware wallets in total.
There are no lock-up periods. You can withdraw at any time. Your assets also earn standard SafePal Earn vault yield from day one, on top of your leaderboard score.
Because SafePal integrated Arc natively, there is nothing extra to set up. No bridging, no external platforms, and no separate gas token to acquire. Gas on Arc is paid in USDC.
Campaign at a Glance
| Item | Details |
| Campaign period | October 26 to November 26, 2026, 9 AM UTC |
| Reward | 100 SafePal Limited Edition USDC X1 Hardware Wallets |
| Qualification | Finish in the top 100 on the leaderboard at campaign close |
| Extra perk | 10 USDC (Arc) rebate after you activate your X1 |
| Scoring | Daily snapshot net deposited balance in USDC multiplied by the vault score multiplier (View Q5 in the FAQ section below for conversion rates for non-USDC vaults) |
| Arc boost | 2.0x score multiplier on all four Arc Chain vaults |
| Snapshot and ranking update | Daily at 9 AM UTC |
| Lock-up | None. Withdraw anytime |
| Where to deposit | SafePal App, Earn tab, Stake section |
Celebrating the launch of Arc Mainnet
Arc launches as the Economic OS for the internet. It is an open, EVM compatible Layer-1 platform built for the world's financial markets, real-time money movement, and agentic economic activity. From day one it brings together USDC as native gas, local fiat stablecoins, tokenized assets, and leading on-chain applications into one connected ecosystem.
What that means in practice for stablecoin holders:
- Stablecoins as gas, starting with USDC
- Deterministic sub-second finality and predictable, dollar-based fees
- Live markets from launch, covering lending, borrowing, trading, onchain FX, payments, and tokenized assets
- A geo-diverse, known institutional validator set
SafePal is a partner building on Arc. We integrated these vaults (built on Morpho’s architecture) natively in the SafePal Earn yield aggregator, empowering your USDC and EURC work on Arc from inside the same SafePal Earn tab you already use.
For the Morpho vaults, professional curators set the risk parameters and allocation strategy, and Gauntlet and Steakhouse Financial are two of the most battle tested curators in DeFi.
Because the Arc pools are the newest addition to SafePal Earn, they carry a 2x score multiplier for the full 30 days of this campaign.
Eligible Vaults and Score Multipliers
Ten vaults are eligible. The four Arc pools carry the 2.0x boost. Existing pools keep a 1.0x base multiplier, so long standing SafePal Earn users can compete without moving funds across chains.
| Network | Vault | Asset | APY | Score multiplier |
| Arc Chain | Gauntlet USDC Prime | USDC | 12.5% | 2.0x |
| Arc Chain | Steakhouse Prime USDC | USDC | 11.8% | 2.0x |
| Arc Chain | Gauntlet EURC Prime | EURC | 8.2% | 2.0x |
| Arc Chain | Steakhouse Prime EURC | EURC | 7.9% | 2.0x |
| Ethereum | Gauntlet USDC Prime | USDC | 7.6% | 1.0x |
| Ethereum | Gauntlet USDT Prime | USDT | 7.6% | 1.0x |
| Ethereum | Gauntlet USDT Core | USDT | 10.5% | 1.0x |
| Arbitrum One | Steakhouse USDC High Yield | USDC | 10.5% | 1.0x |
| Base | Steakhouse Prime USDC | USDC | 8.1% | 1.0x |
| Base | Steakhouse USDC High Yield | USDC | 10.5% | 1.0x |
Note: APY figures are indicative and variable. Check the campaign page in the SafePal App for live rates.
Important: only deposits made through SafePal Earn count toward the leaderboard. Accessing these vaults through the DApp browser in the SafePal App will not qualify.
How Your Score Is Calculated
There is no minimum staking duration and no lock-up. Your score accrues on an amount multiplied by time basis. The earlier you deposit and the longer you hold, the higher your total.
Daily score = snapshot net deposit balance (USD) x vault score multiplier
Total leaderboard score = Day 1 score + Day 2 score + ... + Day N score
The rules in detail:
- Campaign period only. Only net deposits made between October 26th to November 26th 9AM UTC, 2026 earn a leaderboard score.
- Pre-campaign balances are excluded. Any funds deposited before the campaign launch do not count. Only net staking deposits generated during the campaign period earn score.
- Net deposited balance = cumulative principal deposited minus cumulative principal withdrawn during the campaign period.
- Daily snapshots are taken at 9 AM UTC. Withdrawn funds are excluded from subsequent score calculations from that day onward.
- Multiple vaults stack. The system automatically aggregates all of your eligible net deposited assets across vaults to compute your total individual score.
- Asset conversion for vault scoring. For vault scoring, fixed conversion rates are applied: 1 USDT = 1 USDC ($1.00), and 1 EURC = 1.16 USDC. This rate only affects score calculation and does not impact your actual earnings.
Worked example
You deposit 2,000 USDC into Gauntlet USDC Prime on Arc and 2,000 EURC into Gauntlet EURC Prime on Arc, and hold both for the full 30 days.
- USDC position: 2,000 x 2.0 = 4,000 score per day
- EURC position: 2,000 x 1.16 = 2,320 USD, then x 2.0 = 4,640 score per day
- Daily total: 8,640, so 259,200 over 30 days
The same amounts placed in 1.0x vaults on Ethereum or Base for 30 days would score 129,600.
The Live Leaderboard
The campaign page in the SafePal App shows a live leaderboard, updated daily at 9 AM UTC. It lists the anonymised wallet addresses and score of the current top 100. Your own score and rank appear at the top, so you always know how far you are from a qualifying position.
If you are outside the top 100, the page prompts you to maintain or add to your deposit to move into contention. If you have not deposited yet, you will see a "No Rankings Yet" state. It links directly to the eligible vaults.
The leaderboard locks when the campaign closes on November 26, 2026 at 9 AM UTC. That final snapshot is the last scoring score. Deposits or withdrawals afterward do not affect your ranking.
How to Participate
The flow is three steps: Deposit, Rank Up, Claim Reward.
How to Deposit
Step 1: Open the SafePal App and tap Stake under the Earn section.
Step 2: Select USDC, USDT or EURC, or your preferred vault on the campaign page, and confirm your deposit.
How to get USDC (Arc) or EURC (Arc)
If you do not yet hold assets on Arc:
Step 1: Tap Swap on the SafePal App homepage.
Step 2: Set Receive to USDC (Arc) or EURC (Arc) and enter your desired amount.
Step 3: Tap Swap to initiate the transaction.
No bridging or external platform is required, and gas on Arc is paid in USDC.
Rewards
1. Vault yield. You earn standard vault yield on all assets deposited from day one of the campaign, in addition to your leaderboard score.
2. Exclusive reward for the top 100. The top 100 ranked on the leaderboard qualify for an exclusive SafePal Limited Edition USDC X1 Hardware Wallet.
3. 10 USDC (Arc) rebate. After you receive, pair and activate your X1, you can claim a 10 USDC (Arc) rebate directly to your hardware wallet address.
How reward redemption works
- Top 100 winners can claim via in-app push notification, or check the campaign page, within 5 business days after the campaign ends.
- Winners go to the designated redemption page and submit their shipping details. They then pay the shipping fee alongside a 10 USDC entry fee to claim the hardware wallet.
- Upon receiving, pairing and activating the hardware wallet address, winners unlock the 10 USDC (Arc) rebate directly to their wallet.
Note: the 10 USDC redemption fee is charged when you claim your wallet reward and is non-refundable. The 10 USDC rebate is a separate reward, and is claimable after you have received and activated your X1 wallet.
Unclaimed rewards automatically expire 30 days after the in-app push notification is sent to winners.
FAQs
Q1: How can I qualify for the campaign rewards?
Only deposits completed via the Stake/Deposit buttons on the campaign page or within SafePal Earn in the SafePal App will qualify for campaign.
Note: Each device is eligible for one reward only.
Q2: How are leaderboard scores calculated?
The system takes a daily snapshot of your net deposited balance in USD value.
Daily score = sum of [Vault Daily Eligible Balance (in USD) x Vault Multiplier] across all Vaults..
Total individual leaderboard score = Day 1 score + Day 2 score + ... + Day N score.
Q3: What is "net deposited balance"? How do withdrawals affect my score?
Net deposited balance = cumulative principal deposited − cumulative principal withdrawn during the campaign period. Snapshots are taken daily. Withdrawn funds will be excluded from subsequent score calculations.
Q4: Do pre-campaign deposits count towards score?
No. Staking balances accumulated before the campaign starts will not count. Only net staking deposits generated during the campaign period count towards scores. If you withdraw and deposit again, those funds will be recalculated for scores based on the new deposit. That window runs from October 26th to November 26th, 2026, 9 AM UTC.
Q5: Can I deposit different assets simultaneously to earn score?
Yes. You can deposit across any eligible vaults in the list. The system automatically aggregates all of your eligible net deposited assets to compute your total individual score.
Q6: How are USDT and EURC deposits converted for scoring?
For vault scoring, fixed conversion rates are applied: 1 USDT = 1 USDC ($1.00), and 1 EURC = 1.16 USDC. This rate only affects scores calculation and does not impact your actual earnings. Your yield is unaffected, and your withdrawal is always in the asset you deposited.
Q7: Which regions can the wallets be shipped to?
This campaign is only eligible for the countries listed here. Users with shipping addresses outside this list will not be eligible to receive the reward. Any applicable customs fees or import taxes are borne by the recipient.
Q8: How do winners claim their hardware wallet?
Within 5 business days post-campaign, winners will receive a push notification. Tap the notification to proceed, or check the campaign page instead:
Step 1: Tap "Claim Now" on the redemption page and fill in your shipping info.
Step 2: Pay the shipping fee and the 10 USDC entry fee.
Note: winners will receive a 10 USDC (Arc) rebate directly in their corresponding X1 hardware wallet USDC (Arc) address once it is set up, paired and activated.
Q9: How long will it take to receive the hardware wallet after claiming it?
The reward will be shipped within 2 to 3 weeks after successful redemption.
Q10: How do I activate the hardware wallet?
Upon receiving your hardware wallet, inspect the packaging to ensure it is intact and unsealed. If there are any signs of tampering, do not activate it. Contact SafePal Customer Support immediately.
Here is a guide for the whole process:
- Activate the special X1 wallet: View tutorial
- Create a new wallet address with the USDC edition X1 wallet: View tutorial
- Pair the X1 hardware wallet to the SafePal App: View tutorial
Q11: How do I claim the 10 USDC (Arc) rebate after activation?
First complete activation, create your X1 hardware wallet address, and pair it with the SafePal App as described in Q9. Then follow these steps:
Step 1: Go to Explore and search for USDC ARC Privileges.
Step 2: Tap Claim 10 USDC. If you are eligible, it will display "Claimed Successfully".
Add USDC on Arc chain to the wallet asset list. After a successful claim, the 10 USDC rebate is sent to the corresponding USDC (Arc) address of your X1 hardware wallet within 24 hours.
Q12: Can I import an existing wallet and claim the rebate once I receive the limited edition X1 hardware wallet?
No. Please activate your X1 and set up a new wallet address to claim the rebate. Do not import an old wallet.
Q13: What happens if I win but do not claim the reward within the redemption period?
Unclaimed rewards will automatically expire within 30 days after the push notification for winners is sent.
Q14: What if there is a tie for #100 place on the leaderboard?
If multiple users have the exact same net deposited amount and score, priority goes to the user who reached the amount or score first.
Q15: Does this wallet only support USDC? How is it different from the standard version, and are there exclusive benefits?
It offers full standard X1 functionality and supports 200+ chains. Learn more about the SafePal X1 here. Holders of the Limited Edition X1 Hardware Wallet may receive exclusive perks in future campaigns. Stay tuned for more updates.
Q16: How can I ask for assistance?
For any questions or problems regarding this activity, please go to the SafePal Discord community and raise your enquiries in the #WHO-AND-EVENTS channel.
Important Notes and Disclaimer
Activity Rules
SafePal reserves the right to disqualify participants that are deemed to be spammers or illegally bulk-registered accounts, as well as activities that display attributes of exploitation or market manipulation.
SafePal reserves the right to cancel or amend any activity or activity rules at our sole discretion.
Not Investment Advice
This activity does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the article's content as such.
SafePal does not recommend that any cryptocurrency should be bought, sold, or held by you. Cryptocurrency investment is subject to high market risks. Please invest cautiously. SafePal will not be responsible for any investment losses. SafePal will not be liable whatsoever for any direct or consequential loss arising from the participation of its activities.
Do conduct your own due diligence and consult your financial advisor before making any investment decisions.
Non-Endorsement
The appearance of a third party on SafePal and its activities does not constitute an endorsement, guarantee, warranty, or recommendation by SafePal.
Do conduct your own due diligence before deciding to invest in any third-party projects or use any third-party services.
SafePal Earn Terms and Conditions apply.
About SafePal:
Founded in 2018, SafePal is a next generation non-custodial crypto wallet suite backed by Animoca Brands, Binance and Superscrypt. The suite empowers access to decentralized and centralized finance on 200+ blockchains across its hardware, software, and browser extension wallet solutions.
Encompassing a diverse mix of crypto asset management solutions like cross-chain swapping, trading and yielding tools, centralized exchange (CEX) mini programs, a fiat gateway and Mastercard for users — SafePal serves 30+ million users globally across 200+ regions and countries in 16 languages.
SFP is a decentralized BEP-20 and ERC-20 token fuelling the SafePal ecosystem with various utilities such as discounts on SafePal products, staking boost and airdrop rewards, seamless conversion to gas tokens, and more.
