Crypto Asset Lending 'HyperLending' Launches Friend Referral Program

ICHIZEN HOLDINGS Inc. (Shibuya-ku, Tokyo; Representatives: Rintaro Mizuno, Yosuke Kida; hereinafter "the Company") is pleased to announce the launch of its "Friend Referral Program" for its crypto asset lending service "HyperLending (Hyper Lending)", which rewards both the referrer and the referred with crypto asset benefits.

How the Friend Referral Program Works

ICHIZEN HOLDINGS Inc. (Shibuya-ku, Tokyo; Representatives: Rintaro Mizuno, Yosuke Kida; hereinafter "the Company") is pleased to announce the launch of its "Friend Referral Program" for its crypto asset lending service "HyperLending (Hyper Lending)", which rewards both the referrer and the referred with crypto asset benefits.

Through this program, the Company aims to provide an environment where more people can easily experience not only holding crypto assets but also utilizing them by lending them out.

▶ Friend Referral Program Details Page: https://hyperlending.jp/referral/

What is the Friend Referral Program?

The Friend Referral Program is a program that provides crypto asset benefits to both the referrer and the referred. When a current HyperLending customer shares their referral link with a friend, and that friend registers via the link, the referred friend will receive HYPE equivalent to 5,000 yen.

The awarded HYPE will be deposited into the account and reflected in a "deposited and lent" state. The awarded amount will be determined based on the rate at the time of award and will start lending as flexible HYPE. Furthermore, if the referred person starts lending with their own crypto assets, the lending interest rate will increase by 5% for one year from the first lending. The referrer will receive crypto assets equivalent to the 5% increase received by their friend as a referral reward.

Benefits for the Referred

1. Receive HYPE equivalent to 5,000 yen, already deposited and lent

Register for HyperLending via a referral link and receive HYPE equivalent to 5,000 yen as a gift. This HYPE will be reflected in your account as deposited and lent at the time of registration. The quantity will be determined at the rate at the time of award, and lending will begin as flexible HYPE, allowing you to experience "crypto assets being lent out" immediately after registration.

Please note that this HYPE bonus is not eligible for withdrawal until certain conditions are met. To withdraw the HYPE bonus, the referred person must start lending with their own crypto assets within 90 days of registration and continue that lending for at least 90 days.

2. 5% increase in lending interest rate for one year from the first lending

When a person registered via a referral link starts lending with their own crypto assets, the lending interest rate will increase by 5% for a total of 12 payments over one year from the first lending. This benefit applies to lending interest accrued during the period. It applies to all eligible plans and currencies, including crypto assets deposited during the period. Examples of application are as follows:

Fixed 365-day BTC/ETH: 10.0% → 10.5%

Fixed 365-day HYPE: 4.0% → 4.2%

Flexible: Base rate for each segment × 1.05

Benefits for the Referrer

The referrer will receive crypto assets equivalent to the "5% increase in lending interest rate" received by their friend. The referral reward will be paid in the same currency as the friend's lent currency, for a total of 12 payments over one year. There is no limit to the number of people you can refer. The referral reward calculation is as follows:

Referral Reward = Amount equivalent to the friend's "5% lending interest rate increase"

For example, if a friend lends 1 million yen worth of BTC on a 365-day fixed term at an annual rate of 10.0%, their annual lending interest will be approximately 100,000 yen. In this case, the 5% increase due to the referral benefit would be approximately 5,000 yen. The referrer will receive an amount of BTC equivalent to approximately 5,000 yen, paid in 12 installments over one year.

Please note that the referral reward is calculated based on the lending interest generated from crypto assets actually deposited and lent by the friend. The 5,000 yen worth of HYPE bonus awarded at the time of registration is not included in the calculation of the referral reward.

Usage Flow

STEP 1: Friend registers via referral link

A current HyperLending customer shares a referral link with a friend, and the friend registers via that link. The friend who registered via the referral link will receive HYPE equivalent to 5,000 yen at the time of registration. The awarded HYPE will be reflected in the account as deposited and lent, and lending will begin as flexible HYPE.

STEP 2: Friend starts lending with their own crypto assets within 90 days of registration

If the friend starts lending with their own crypto assets within 90 days of registration, the 5% lending interest rate increase benefit will start for one year from the first lending. Simultaneously, the referrer will also receive a referral reward equivalent to the 5% increase received by the friend.

STEP 3: Friend continues lending for 90 days or more

To withdraw the 5,000 yen worth of HYPE bonus awarded at the time of registration, the friend must start lending with their own crypto assets within 90 days of registration and continue that lending for at least 90 days. After meeting the conditions, the HYPE bonus will be eligible for withdrawal.

STEP 4: Benefits awarded to both parties monthly for one year

The referred person will receive the 5% lending interest rate increase in addition to the regular lending interest. The referrer will receive crypto assets equivalent to the 5% increase received by their friend as a referral reward. The benefits for the lending interest rate increase and referral rewards will conclude after 12 payments over one year from the first lending. After this period, the regular rates will apply.

Start Crypto Asset Lending

What is HyperLending?

HyperLending is a crypto asset lending service with the concept of "Making Crypto Asset Management Simpler."

By lending your crypto assets to the Company, you can receive lending interest in the same currency.

Your holdings will increase in quantity in the same currency, allowing you to utilize your assets as BTC remains BTC, ETH remains ETH, and HYPE remains HYPE. The target currencies are BTC, ETH, and HYPE.

HyperLending offers a new option for long-term crypto asset holders to utilize their existing assets.

Precautions for Use

This release is for informational purposes regarding HyperLending's Friend Referral Program and does not constitute a recommendation to buy, sell, lend, invest in, or engage in any other action related to specific crypto assets. Referrals are limited to sharing referral links or codes. Soliciting third parties, acting as a proxy for product descriptions, making definitive statements, or guaranteeing profits are prohibited. "Self-referrals," including multiple registrations by the same individual or registrations that the Company deems to be from the same customer in substance, are not eligible for program benefits. In such cases, the referral relationship will be invalidated, and the awarded HYPE bonus will be forfeited. Furthermore, other benefits and referral rewards will not be provided. The 5,000 yen equivalent HYPE bonus awarded at registration is not eligible for withdrawal until certain conditions are met. To withdraw the HYPE bonus, the referred person must start lending with their own crypto assets within 90 days of registration and continue that lending for at least 90 days. If conditions are not met, or if fraudulent activity or violation of terms is discovered, the provision of benefits may be suspended, canceled, or forfeited. This program may be modified or terminated without notice due to changes in laws and regulations or other circumstances. "Up to 10.5%" refers to the rate for Fixed 365-day BTC or ETH with the referral benefit applied. All rates are APY (Annual Percentage Yield), assuming compounding and monthly automatic incorporation into the principal, and are subject to change or revision based on market conditions and supply/demand. Crypto asset lending does not guarantee principal. While the design is to return lent crypto assets in the same quantity of the same currency, the price of the crypto asset itself fluctuates, and the risk of price decline in yen terms is borne by the customer. Furthermore, depending on operational status, the creditworthiness of the operator, market environment, liquidity, technical issues, changes in regulations, etc., all or part of the lent crypto assets may not be returned. The displayed rates, campaigns, VIP bonuses, etc., are based on specific conditions and do not guarantee future performance. Service details, rates, and campaign details are subject to change or termination without notice. Before using the service, please be sure to review the service site, contract documents, risk disclosure materials, etc., and apply at your own judgment and responsibility. Please consult a tax advisor or your local tax office regarding tax treatment.

About ICHIZEN HOLDINGS Inc.

ICHIZEN HOLDINGS Inc. is a Web3 consulting firm with strengths in the financial domain. It provides support in a wide range of areas, including domestic listed companies, local governments, and overseas token projects. Leveraging practical experience in crypto asset trading with its own capital and in crypto asset management and auditor correspondence under a listed company, it offers consulting and practical support for crypto asset treasury operations.

・Location: 3-1-11 Yoyogi, Shibuya-ku, Tokyo ・Representatives: Rintaro Mizuno | Yosuke Kida ・Official Website: https://ichizenholdings.co.jp/ ・HyperLending Official Site: https://hyperlending.jp/ ・HyperLending Official X: https://x.com/HyperLending_jp ・HyperLending Analytics: https://analytics.hyperlending.jp/