We're thrilled to unveil the next evolution of our rewards program: For our customer’s benefit, we have simplified the program to make it easier to enjoy in-app rewards. 

With BAM 2.0, we're enhancing the way you earn rewards, making every interaction on our platform a potential earning moment. 

Here's How to Get Started:

Activate Your Rewards: Simply set your asset allocation to 5% BAM to be eligible for the BAM Rewards Program. It's that straightforward. Note that changing your asset allocation only relates to payments moving forward and will not rebalance your portfolio. 

Grandfather Clause for Existing Rewards Participants:

If you were part of the BAM Rewards Program before this update, you're in luck. Keep your BAM allocation unchanged, and you'll continue to enjoy the rewards, even if it's below the new 5% threshold.

Flexibility Is Key:

Feel the need to adjust your allocation? You can decrease your BAM asset below 5% anytime, which will pause your participation in the rewards program. But worry not, adjusting back to 5% or above reactivates your rewards earning potential.

Automatic Enrollment:

Find yourself meeting the 5% asset allocation criteria by chance? The rewards program kicks in automatically, ensuring you never miss out on earning opportunities.

Future Payments:

Changing your asset allocation to 5% BAM will not rebalance your existing assets, but only relate to payments moving forward. This means when you do a $100 top-up, $5 will purchase BAM and you will also receive rewards. 

Understanding the Shifts:

Simplification: Instead of having multiple conditions for entry to the rewards program, now you only have one.

Seamless Transition for Existing Users: For our loyal Bamboo community members who've been enjoying BAM Rewards, the transition to BAM 2.0 is designed to be smooth and seamless. Maintain your current BAM allocation to continue reaping the rewards under the new system.

Now you can sell BAM at any time for other crypto assets. 

Why BAM 2.0?

BAM Rewards 2.0 isn't just an update; it's a reflection of our commitment to providing a rewarding experience that grows with you. Whether you're looking to amplify your investment portfolio or enjoy the flexibility of cashing out, BAM tokens offer the versatility and value you seek.

Join the BAM 2.0 Program

Ready to take your investment experience to new heights? Dive into the BAM 2.0 Rewards Program and start maximising your earning potential today. 

As a recap, you can earn rewards for the following activities: 

For more information on using BAM 2.0 visit our Bamboo's FAQ page. Here, you'll find everything you need to know about maximising your rewards and taking full advantage of Bamboo's innovative ecosystem.

These exciting changes are now available. We will continue to provide a series of blog posts and social media content over the coming week outline the changes to the Bamboo App in detail. See Part 1 Round-Ups & Recurring Features & Part 2 Single Asset Buy & Sell, or fast forward to Part 4 - The Bamboo Referral Program here.

- The Bamboo Team 🌱