Last Updated: March 9th, 2026
1. Overview
These GrabrFi Boost Wallet Rewards Terms (“Rewards Terms”) govern your participation in the Boost Rewards program (the “Program”), a promotional incentive offered by Grabr Inc. (“Grabr,” “GrabrFi,” “we,” or “us”) to eligible users who hold USDB in their Boost Wallet.
The Program is a promotional incentive funded by GrabrFi. Rewards are not interest, yield, investment returns, or any form of guaranteed income. Your Boost Wallet is not a deposit account, savings account, or investment account.
2. Definitions
“Boost Wallet” means a stablecoin wallet within the GrabrFi platform that holds USDB and is eligible for the Boost Rewards program. The Boost Wallet is functionally similar to the standard GrabrFi stablecoin wallet, subject to the same custody, transfer, and infrastructure arrangements described in the GrabrFi Stablecoin Wallet and Transfer Terms. The Boost Wallet is not a bank account, deposit account, or investment account. You do not hold or control private keys associated with the Boost Wallet. The additional feature of the Boost Wallet is eligibility for promotional Rewards on your USDB balance, as described in these Rewards Terms.
“USDB” means the USD-backed stablecoin supported by GrabrFi for participation in this Program. USDB is a digital asset, not legal tender, and not a bank deposit.
“Rewards” means the promotional amounts of USDB credited to your Boost Wallet by GrabrFi under this Program. Rewards are not interest, yield, dividends, or investment returns.
“Rewards Rate” means the annualized rate at which Rewards accrue, as determined by GrabrFi in its sole discretion and displayed in the GrabrFi app.
“Snapshot” means the point-in-time balance check used to calculate daily Rewards accrual, taken at approximately 00:00 UTC each day.
“Payout Date” means the date on which accrued Rewards for a given calendar month are distributed to eligible users.
3. Relationship to Other Terms
These Rewards Terms supplement and are incorporated into the GrabrFi Terms of Use (the “Terms of Use”), and the GrabrFi Stablecoin Wallet and Transfer Terms (the “Stablecoin Terms”).
If there is a conflict between these Rewards Terms and the Terms of Use or Stablecoin Terms, these Rewards Terms control solely with respect to the Boost Rewards program. All other provisions of the Terms of Use and Stablecoin Terms remain in full force and effect.
Clarification regarding the Stablecoin Terms. Section 5 of the GrabrFi Stablecoin Wallet and Transfer Terms provides that stablecoins held on your behalf “do not accrue interest or yield.” The Boost Rewards program does not constitute interest or yield. Rewards under this Program are a separate promotional incentive funded by GrabrFi at its sole discretion, and the existence of the Program does not modify or contradict the provisions of Section 5 of the Stablecoin Terms. For the avoidance of doubt, the Boost Rewards program is governed exclusively by these Rewards Terms.
By participating in the Program, you acknowledge that you have read, understood, and agree to be bound by these Rewards Terms, the Terms of Use, and the Stablecoin Terms.
4. Eligibility
To participate in the Program, you must:
Have a fully verified GrabrFi account in good standing, including completion of all required Know Your Customer (KYC) and Anti-Money Laundering (AML) verification steps;
Hold USDB in your Boost Wallet;
Not be a resident of, or located in, the United States, Vietnam, any member state of the European Economic Area (EEA), any sanctioned or restricted jurisdiction (as defined by OFAC, the EU, or other applicable laws), or any jurisdiction where USDB is not available through GrabrFi; and
Not have your account suspended, restricted, or under investigation.
GrabrFi reserves the right to modify eligibility criteria at any time. If you become ineligible, your participation in the Program will be paused. During such period, no new Rewards will accrue.
5. Enrollment and Opt-Out
Enrollment. The Program is automatic. If you are eligible and hold USDB in your Boost Wallet, you will begin accruing Rewards without any separate enrollment step.
Opt-Out. You may stop participating in the Program at any time by moving your USDB out of your Boost Wallet. No Rewards will accrue on days when your Boost Wallet balance is zero or below the minimum earning threshold at the time of the daily Snapshot.
Re-enrollment. If you move USDB back into your Boost Wallet after opting out, Rewards will resume accruing from the next applicable Snapshot.
6. Rewards Calculation
Daily Accrual. Rewards accrue on a daily basis. Each day, a Snapshot of your Boost Wallet USDB balance is taken at approximately 00:00 UTC. The exact time may vary. If your balance at the time of the Snapshot meets the minimum earning threshold, Rewards accrue for that day.
Daily Calculation.
Daily Reward = Snapshot Balance × (Rewards Rate / 365)
You must hold a qualifying USDB balance in your Boost Wallet at the time of at least one daily Snapshot to accrue Rewards for that day.
Compounding. Rewards are paid in USDB to your Boost Wallet. If you keep Rewards in your Boost Wallet, the new balance (including previously distributed Rewards) will be included in future daily Snapshots. This means Rewards effectively compound month-over-month upon distribution.
Partial Months. If you begin holding USDB in your Boost Wallet mid-month, you will earn Rewards on a pro-rata basis for each day you hold a qualifying balance at the time of the Snapshot.
Rounding. Rewards calculations are rounded down to the nearest $0.01 USD equivalent.
7. Rewards Rate
Variable Rate. The Rewards Rate is variable and is determined by GrabrFi in its sole discretion. The Rewards Rate may change at any time, with or without prior notice. Changes take effect immediately upon update.
Transparency. The current Rewards Rate is displayed in the GrabrFi app at all times. GrabrFi may, but is not obligated to, notify users of changes to the Rewards Rate via email or in-app notification.
No Guarantee. GrabrFi does not guarantee any specific Rewards Rate, minimum rate, or rate methodology. The rate may be reduced to zero or the Program may be suspended or discontinued at any time in accordance with Section 12.
8. Payout Schedule
Accrual Period. Rewards accrue daily throughout each calendar month.
Distribution. GrabrFi targets distribution of Rewards by the 10th of the month following the accrual period. For example, Rewards accrued during January are targeted for distribution by approximately February 10.
Delays. Reward distribution is subject to GrabrFi receiving funds from its service providers and partners. If GrabrFi experiences delays in receiving funds, GrabrFi reserves the right to delay Reward distribution accordingly. In such cases, GrabrFi will use commercially reasonable efforts to distribute Rewards within five (5) business days of receiving the applicable funds, but in no event later than the last business day of the month following the accrual period.
No Obligation to Pay Early. GrabrFi is not obligated to distribute Rewards earlier than the timeline described above. Rewards are not considered earned or owed to you until they are distributed to your Boost Wallet.
9. Minimum Payout Threshold
Rewards are distributed only if the total accrued amount for the calendar month equals or exceeds $0.01 (one cent) USD equivalent. If accrued Rewards for a given month fall below this threshold, they are forfeited and are not carried forward to the next month.
To accrue the minimum distributable amount at current rates, you must hold a sufficient USDB balance in your Boost Wallet at the time of the daily Snapshot throughout the month. The approximate minimum balance required will vary based on the current Rewards Rate and is displayed in the GrabrFi app.
10. No Lock-Up; Withdrawals
There is no lock-up period. You may deposit USDB into or withdraw USDB from your Boost Wallet at any time, subject to the terms and conditions of the GrabrFi Stablecoin Wallet and Transfer Terms.
There is no maximum balance eligible for Rewards.
Withdrawals do not retroactively affect Rewards already accrued for prior days. However, a withdrawal that reduces your Boost Wallet balance before the daily Snapshot will reduce or eliminate Rewards accrual for that day and subsequent days.
11. Account Closure and Forfeiture
Voluntary Closure. If you voluntarily close your GrabrFi account, any Rewards that have accrued but not yet been distributed will be calculated and paid out in the next scheduled distribution cycle, subject to any applicable fees and the minimum payout threshold.
Involuntary Closure or Restriction. If your account is closed, suspended, or permanently restricted by GrabrFi due to fraud, Anti-Money Laundering (AML) violations, breach of the GrabrFi Terms of Use, or other Terms of Service violations, any accrued but unpaid Rewards are forfeited at GrabrFi’s sole discretion.
Death or Incapacity. In the event of a user’s death or legal incapacity, accrued but unpaid Rewards will be handled in accordance with the account closure provisions of the GrabrFi Terms of Use and applicable law.
12. Program Changes, Suspension, and Termination
GrabrFi reserves the right to modify, suspend, or discontinue the Boost Rewards program, in whole or in part, at any time and for any reason.
Notice. Where required by applicable law, GrabrFi will provide advance notice of material changes to the Program via email or in-app notification. Your continued participation in the Program after such notice constitutes acceptance of the modified terms.
No Vested Rights. Participation in the Program does not create any vested right to receive Rewards. Past Rewards are not a guarantee of future Rewards.
13. Tax Responsibility
You are solely responsible for determining and fulfilling any tax obligations arising from Rewards received under the Program, including reporting Rewards as income in your jurisdiction of residence.
GrabrFi does not provide tax advice. You should consult your own tax advisor regarding the tax treatment of Rewards received.
GrabrFi does not withhold taxes on Rewards distributed to non-US users. GrabrFi may provide transaction records to assist with tax reporting but is not obligated to issue tax documents.
14. Risks and Disclaimers
By participating in the Program, you acknowledge and accept the following:
Not a Deposit or Investment. Boost Rewards are a promotional incentive funded by GrabrFi. They are not interest, yield, dividends, or investment returns. Your Boost Wallet is not a bank account, deposit account, savings account, or investment account.
No Insurance. USDB balances in your Boost Wallet, including any Rewards, are not insured by the Federal Deposit Insurance Corporation (FDIC), the Securities Investor Protection Corporation (SIPC), or any other government or private deposit insurance program.
Stablecoin Risks. USDB is a digital stablecoin, not legal tender. The value of USDB may fluctuate and may not always maintain a 1:1 peg to the US dollar. You bear all risks associated with holding digital assets, including blockchain risks, issuer risks, regulatory risks, and technology risks as described in the GrabrFi Stablecoin Wallet and Transfer Terms.
Variable Rewards. The Rewards Rate is variable and may decrease or be set to zero at any time. GrabrFi may reduce, suspend, or discontinue Rewards without prior notice except where required by law.
No Guarantee. GrabrFi makes no representations or warranties regarding the availability, continuity, or amount of Rewards. The Program is offered “as is” and “as available.” Past Rewards do not guarantee future Rewards.
Third-Party Dependency. The Program relies on GrabrFi receiving payments from third-party service providers. GrabrFi is not liable for delays or failures caused by third parties.
15. Limitation of Liability
To the fullest extent permitted by applicable law:
GrabrFi’s total liability for any claim arising out of or relating to the Program shall not exceed the total amount of Rewards actually distributed to you in the twelve (12) months preceding the claim.
GrabrFi shall not be liable for indirect, incidental, consequential, special, or punitive damages arising from the Program, including loss of expected Rewards, loss of data, or loss of access.
Nothing in this section limits any liability that cannot be excluded or limited under applicable law.
16. Prohibited Uses and Anti-Abuse
You agree not to manipulate, game, or abuse the Program, including but not limited to:
Artificially inflating your Boost Wallet balance at or around Snapshot time and withdrawing shortly after;
Using multiple accounts to maximize Rewards accrual;
Using automated systems, bots, or scripts to time deposits or withdrawals around Snapshots; or
Any other activity that GrabrFi determines, in its sole discretion, is intended to exploit the Program.
If GrabrFi determines that you have engaged in abusive or manipulative behavior, GrabrFi may, at its sole discretion: (a) forfeit accrued but unpaid Rewards; (b) reclaim previously distributed Rewards by debiting your account; (c) suspend or terminate your participation in the Program; and/or (d) suspend or close your GrabrFi account in accordance with the Terms of Use.
Calculation Methodology Changes. GrabrFi reserves the right to modify the Rewards calculation methodology at any time, including switching from a point-in-time Snapshot to a daily average balance method, to mitigate abuse or for any other reason.
17. Governing Law and Dispute Resolution
These Rewards Terms are governed by the laws of the State of California, without regard to its conflict of law provisions. Any disputes arising out of or relating to these Rewards Terms are subject to the same governing law, venue, arbitration, and class action waiver provisions set forth in the GrabrFi Terms of Use.
18. Contact Information
For questions about these Rewards Terms or the Boost Rewards program, contact us at:
[email protected] or via the in-app support chat.
19. Acknowledgment
By holding USDB in your Boost Wallet and participating in the Boost Rewards program, you acknowledge that you have read, understood, and agree to:
These GrabrFi Boost Wallet Rewards Terms;
The GrabrFi Terms of Use; and
The GrabrFi Stablecoin Wallet and Transfer Terms.