GalaxyOne PLOC Bonus Promotion Terms & Conditions

Proposed effective date: November 4, 2026

1. Sponsor, Lender and Scope
This promotion (the “Promotion”) is sponsored by GalaxyOne Holdings LLC (“Sponsor”). Portfolio Lines of Credit (“PLOCs”) are offered by GalaxyOne Lending LLC (“Lender”), subject to loan eligibility and the applicable Portfolio Line of Credit and Security Agreement (the “PLOC Agreement”). Sponsor is the funding and payment obligor. These terms (“Promotion Terms”) govern only eligibility for and payment of the promotional bonus. They do not modify any PLOC Agreement, including interest, fees, collateral, repayment, prepayment, liquidation, or dispute-resolution provisions. The PLOC Agreement governs credit and collateral matters. Participation also remains subject to applicable GalaxyOne terms and conditions and privacy notices.

2. Promotion Period and Definitions
The Promotion begins November 4, 2026 at 12:00 a.m. Eastern Time and ends December 4, 2026 at 11:59 p.m. Eastern Time, unless ended earlier by the Sponsor under Section 6 (“Promotion Period”). For avoidance of doubt, early closure does not change the December 5, 2026 commencement of the Balance Hold Period.
“Eligible Line” means (i) a PLOC first opened during the Promotion Period or (ii) a PLOC that was already open before November 4, 2026 but on which no principal had ever been advanced or outstanding before November 4, 2026. In either case, the borrower must never have had an outstanding principal balance on any PLOC before November 4, 2026. A customer who previously had an outstanding principal balance on a PLOC is ineligible, even if that balance was fully repaid before the Promotion Period. For purposes of these Promotion Terms, an existing unused PLOC satisfying this definition is treated as an Eligible Line.
“Qualifying Draw” means an advance of at least $10,000 in a single transaction on an Eligible Line, successfully funded before the Promotion ends.
“Qualifying Draw Amount” means the lesser of (i) the aggregate principal of eligible advances funded on the Eligible Line before the Promotion ends, excluding canceled, reversed, erroneous, or fraudulent advances and transactions excluded under the anti-abuse rules below, and (ii) the outstanding principal balance on the Eligible Line as of 11:59 p.m. Eastern Time on December 4, 2026 (the “Measurement Time”). The Measurement Time remains fixed even if the Sponsor closes the Promotion early. Principal repaid before the Measurement Time reduces the amount used to calculate the potential Bonus. A Qualifying Draw must still have been successfully funded before the Promotion closes.
“Bonus” means the amount calculated under Section 4.
“Payout Window” is June 3 through July 2, 2027, subject to Section 5. Payout is conditioned on maintaining the Required Hold Balance throughout the Balance Hold Period, without any principal repayment during that period, and satisfying Section 5.
“Required Hold Balance” means the outstanding principal balance on the Eligible Line as of the Measurement Time on December 4, 2026, which must be at least $10,000. The outstanding principal balance on the Eligible Line must remain at or above the Required Hold Balance at all times throughout the Balance Hold Period, and no principal repayment may occur during that period, even if the balance remains at or above the Required Hold Balance.
“Balance Hold Period” means the 180 consecutive calendar days beginning at 12:00 a.m. Eastern Time on December 5, 2026 and ending at 11:59 p.m. Eastern Time on June 2, 2027, regardless of whether the Sponsor closes or terminates the Promotion early under Section 6 or Section 7. Throughout the Balance Hold Period, the outstanding principal balance on the Eligible Line must remain at or above the Required Hold Balance, and no principal repayment may occur. Early closure or termination of the Promotion will not accelerate, shorten, or otherwise modify the Balance Hold Period.
“Selected Participant” means one of the first 200 otherwise eligible persons whose first Qualifying Draw on an Eligible Line is successfully funded and recorded in GalaxyOne’s systems during the Promotion Period, subject to the Funding Limit and the Sponsor’s early-closure rights under Section 6. No separate promotional application, registration, or opt-in is required. Selection occurs at the time of the first successfully funded Qualifying Draw; final Bonus payment remains subject to all other Promotion eligibility requirements. The 201st otherwise eligible person to fund a first Qualifying Draw and all later persons are ineligible for a Bonus. The Balance Hold Period begins on December 5, 2026, even if the Promotion closes early. 

3. Eligibility
To qualify, a participant must: (a) be a U.S. resident of at least 18 years of age or the higher applicable age of majority, in a jurisdiction where the PLOC and Promotion are lawfully available; (b) have a personal GalaxyOne account and either open an Eligible Line during the Promotion Period or hold an existing unused PLOC that qualifies as an Eligible Line under Section 2; (c) be among the first 200 otherwise eligible persons whose first Qualifying Draw is successfully funded and recorded during the Promotion Period, as determined under Section 6; (d) successfully fund at least one Qualifying Draw before the Promotion ends; (e) maintain the Required Hold Balance throughout the 180-day Balance Hold Period and comply with the separate prohibition on principal repayments and the other requirements in Section 5; and (f) satisfy applicable approval, identity verification, anti-fraud, and onboarding requirements. No separate promotional enrollment is required. An existing PLOC must have had no outstanding principal at any time before November 4, 2026.
Multiple draws below $10,000 do not by themselves satisfy the single-draw threshold or reserve a position among the first 200, although subsequent eligible advances count toward the Bonus once that threshold is met. A borrower who had any outstanding PLOC principal before November 4, 2026 is ineligible, regardless of whether that PLOC remains open or was previously closed or repaid. An existing open PLOC with no prior principal advances may qualify, subject to all other Promotion Terms. One Bonus per person; multiple accounts or lines cannot be used to obtain additional Bonuses. The Promotion is limited to the first 200 otherwise eligible persons to successfully fund and record a first Qualifying Draw, not 200 persons per channel. The 201st such person and all later persons are ineligible for a Bonus, regardless of loan size. Being among the first 200 does not guarantee payment. The Sponsor may, in its discretion, limit the Promotion to one per household and/or tax ID. Credit approval and limits are not guaranteed.

4. Bonus Calculation
Each Selected Participant may earn a Bonus equal to 2% of the Qualifying Draw Amount, capped at $1,000 per Selected Participant, subject to the aggregate Funding Limit and these Promotion Terms. For example, if the Qualifying Draw Amount at the Measurement Time is $10,000, the potential Bonus is $200; if $25,000, $500; and if $50,000 or more, the maximum $1,000. A Selected Participant must have a Required Hold Balance of at least $10,000 at the Measurement Time and maintain that Required Hold Balance throughout the Balance Hold Period, without making any principal repayment during that period, and satisfy all other eligibility conditions. Only the first 200 otherwise eligible persons whose first Qualifying Draw is successfully funded and recorded during the Promotion Period may qualify for a Bonus, including eligible holders of existing unused PLOCs. The 201st such person and all later persons receive $0, even if they draw $50,000 or more. 
Additional eligible advances funded before the Promotion ends may increase a Selected Participant’s potential Bonus up to the cap, subject to the Measurement Time calculation and available allocation under Section 6; no increase is guaranteed. Advances funded after the Promotion ends do not count as eligible advances. Principal repayments made during the Promotion Period do not, by themselves, disqualify a participant, but the potential Bonus is determined using the Qualifying Draw Amount measured on December 4, 2026. Repayment and reborrowing undertaken solely to inflate the qualifying amount may be excluded if objectively identified as abusive.

5. Payout; Repayment and Liquidation
Subject to verification of qualifying transactions, completion of the 180-day Balance Hold Period, and confirmed allocation under Section 6, the Bonus will be credited in one lump sum during June 3–July 2, 2027 through the promotional payout process by GalaxyOne Holdings LLC into the Selected Participant’s GalaxyOne Cash Account. A Selected Participant must maintain the GalaxyOne Cash Account through payout, subject to applicable law. An administrative payment restriction affecting an otherwise earned Bonus will be addressed under Section 9; closure of the Eligible Line and related forfeiture are governed by the next paragraph.
A Selected Participant must have a successfully funded Qualifying Draw during the Promotion Period; eligibility based on that draw begins at the time it is successfully funded. Separately, the Selected Participant must maintain an outstanding principal balance on the Eligible Line at or above the Required Hold Balance at all times throughout the 180-day Balance Hold Period, which begins on December 5, 2026, regardless of whether the Sponsor closes or terminates the Promotion early under Section 6 or Section 7. Any reduction below the Required Hold Balance during the Balance Hold Period, whether caused by voluntary or involuntary principal repayment, collateral liquidation, or otherwise, forfeits Bonus eligibility, even if the outstanding principal remains at least $10,000. Independently, any repayment of principal on the Eligible Line during the Balance Hold Period, whether partial or full and even if additional advances keep the outstanding balance at or above the Required Hold Balance, forfeits Bonus eligibility; Subsequent advances or restoration of the balance do not reinstate eligibility. Principal repayments before December 5, 2026 do not, by themselves, cause forfeiture, but affect the potential Bonus calculated at the Measurement Time. The Selected Participant must also make interest payments when required under the PLOC Agreement; payment of interest alone is not a principal repayment. Closure of the PLOC, lender-initiated termination, or any partial or full involuntary liquidation of collateral after qualification and before the Bonus is paid (but no later than July 2, 2027) will forfeit eligibility, subject to applicable law and the review process in Section 7. The Required Hold Balance maintenance and no-principal-repayment requirements apply only during the Balance Hold Period. A margin call or collateral top-up request that is satisfied within the time required by the PLOC Agreement, without involuntary liquidation or reduction of outstanding principal below the Required Hold Balance, does not by itself disqualify the Selected Participant, provided no principal repayment occurs during the Balance Hold Period. The Bonus does not offset or reduce principal, interest, or fees unless separately credited and applied in accordance with the PLOC Agreement. 

6. Funding Limit and Early Closure
The Promotion is subject to two independent maximum limits: (i) the first 200 otherwise eligible persons whose first Qualifying Draw of at least $10,000 in a single transaction on an Eligible Line is successfully funded and recorded in GalaxyOne’s systems during the Promotion Period and (ii) a maximum aggregate Bonus budget of $200,000 (the “Funding Limit”). No separate registration, promotional application, or opt-in is required. Selection is determined on a first-come, first-served basis using the timestamp when each person’s first Qualifying Draw is successfully funded and recorded, subject to eligibility verification. The Sponsor will apply a documented, consistent procedure to resolve simultaneous funding timestamps. Applying for or opening a PLOC, or initiating a draw that has not successfully funded, does not reserve a promotional position. Once 200 persons have been selected, no additional persons may become Selected Participants; an earlier participant’s subsequent forfeiture or disqualification does not make the 201st person eligible.
For avoidance of doubt, closure of the Promotion to additional participants does not restrict ordinary PLOC applications, loan openings, or lending. Customers may continue to apply for, open, or draw on PLOCs under the Lender’s standard eligibility and underwriting requirements, but a person whose first Qualifying Draw is funded after the 200-person limit is reached or after the effective promotional closure time will not qualify for this Bonus. 
Notwithstanding the foregoing, and regardless of whether either limit has been reached, the Sponsor may, in its sole discretion, close the Promotion to additional qualifying participants and Qualifying Draws at any time before December 4, 2026. Such closure applies only to participation in the Promotion and does not prevent customers from applying for, opening, or drawing on PLOCs outside the Promotion, subject to the Lender’s standard eligibility and underwriting requirements.
For avoidance of doubt, any early closure of the Promotion will not alter the Balance Hold Period, which begins on December 5, 2026 and ends on June 2, 2027, regardless of the actual date of closure.
Subject to the Funding Limit, the Sponsor will make a provisional Bonus reservation when a Selected Participant’s first Qualifying Draw is successfully funded and verified. The final potential Bonus will be recalculated using the Qualifying Draw Amount at the fixed Measurement Time, accounting for principal repayments and additional eligible advances. A reduction will release the excess provisional reservation; an increase will be reserved only to the extent funding remains available. Requests for additional allocation will be processed in the order that the corresponding eligible advances are successfully funded and recorded, using a documented procedure for ties. No reservation or increase may cause total reserved Bonuses to exceed $200,000. Once the Funding Limit is fully allocated, no further Bonus amounts or increases will be reserved; ordinary PLOC lending remains available. The Sponsor may stop accepting qualifying transactions earlier than the stated end date for any reason, including business or budget considerations, but early closure applies prospectively and does not eliminate Bonuses already reserved for Selected Participants who remain eligible, including by satisfying the Balance Hold Period.
The Sponsor will post notice of closure on the Promotion webpage and instruct marketing partners to stop promoting the offer as promptly as practicable; notice may follow the effective closure time. Draws funded after the recorded closure time, including transactions initiated earlier but not yet funded, are not eligible.

7. Changes, Suspension and Disqualification
As further provided in Section 6, the Sponsor may modify, suspend, or close the Promotion at any time before December 4, 2026, for any reason, with or without advance notice, to the extent permitted by applicable law, even if neither the 200-person limit nor the $200,000 Funding Limit has been reached. Such action is effective prospectively at the time recorded by the Sponsor and does not change the fixed December 5, 2026 start date of the Balance Hold Period or retroactively cancel Bonuses properly reserved for Selected Participants who continue to satisfy the Promotion Terms.
No person has a right to participate merely because the Promotion was advertised or because the published end date has not arrived. Any changes or termination will not retroactively cancel Bonuses properly reserved before the effective closure time, provided the Selected Participant satisfies the published eligibility requirements, including the Balance Hold Period, and the fraud and verification requirements.
Disqualification requires documented evidence of failure to meet published eligibility requirements, material misrepresentation, fraud, promotional abuse, or other violations described below, subject to applicable law and the review process in this Section.

GalaxyOne may disqualify any Participant if the Participant:

• Fails to meet eligibility requirements;

• Provides false, incomplete, or misleading information (including regarding identity, eligibility, or source of collateral);

• Attempts to manipulate or abuse the Promotion, including by opening and closing lines, or drawing and repaying funds, solely to obtain a Bonus;

• Violates these Promotion Terms, the applicable Terms of Service, the PLOC Agreement, or any applicable law; or

• Engages in fraudulent activity or documented suspicious or high-risk activity that reasonably establishes a violation of the published Promotion eligibility or anti-abuse requirements.

The Sponsor reserves the right to disqualify any participant who attempts to create multiple accounts, uses multiple identities, or otherwise circumvents the one-Bonus-per-person limitation or any published household or tax-ID limitation.

If disqualified, the participant forfeits the Bonus, subject to applicable law and the reasonable review process described below. The Sponsor’s determinations are final following that review process.
The Sponsor will provide a reasonable customer-service process for contesting calculation or eligibility errors. 

8. Borrowing Risks and Disclosures
A PLOC is borrowing, not income or investment return. Interest accrues on outstanding advances at the variable rate stated in the PLOC Agreement and related disclosures; rates may change. Interest expense and other costs can exceed the value of the Bonus.

Borrowers must make required interest payments and remain responsible for principal and all other obligations under the PLOC Agreement. PLOCs are secured by digital assets; collateral values can decline rapidly, resulting in margin calls, additional collateral requirements, repayment demands, or liquidation, potentially at a loss. A timely cured margin call without involuntary liquidation does not, by itself, disqualify a participant under the Promotion Terms; any involuntary liquidation is subject to the forfeiture provisions in Section 5. The PLOC Agreement permits lender termination on notice or upon default and provides for full-recourse borrower obligations.
A Bonus does not make borrowing suitable or risk-free. Review the PLOC Agreement and applicable credit disclosures before borrowing. Nothing in these Promotion Terms is individualized financial, investment, or tax advice.

9. Taxes and Payment Administration
Participants are responsible for any taxes attributable to the Bonus. The Sponsor or applicable paying entity may issue tax reporting forms where legally required. Bonus credits and withdrawals are subject to applicable account processing, identity verification, and lawful restrictions, but administrative restrictions alone will not extinguish an otherwise earned Bonus without an available reasonable alternative payment mechanism. This provision does not waive the separate eligibility and forfeiture conditions in Section 5. Any correction of an erroneous payout will be communicated to the participant and handled in accordance with applicable law.

10. Legal Terms and Disputes
These Promotion Terms are void where prohibited and subject to applicable federal, state, and local law. Nothing here waives nonwaivable consumer rights or limits liability where prohibited by law. Credit-related disputes remain governed by the PLOC Agreement and any applicable state-specific supplementary terms. [LEGAL TO CONFIRM governing law and forum for independent promotional reward disputes; no New York forum selection is included pending reconciliation with the PLOC Agreement.] If a provision is unenforceable, the remaining provisions continue to apply to the extent permitted by law. Marketing descriptions must accurately reflect material eligibility restrictions; these Promotion Terms do not cure a misleading advertisement.

11. Contact

Questions about the Promotion:
[email protected].

Sponsor: GalaxyOne Holdings LLC, 300 Vesey Street, New York, NY 10282.
Lender: GalaxyOne Lending LLC, 300 Vesey Street, 13th Floor, New York, NY 10282.