Club Member TC & Disclaimer

Staking Disclaimer

Engaging in cryptocurrency staking involves a significant degree of risk and may not be suitable for all participants. Staking, the process of actively participating in transaction validation (similar to mining) on a proof-of-stake (PoS) blockchain, requires users to lock up their tokens as collateral. While staking can offer rewards in the form of additional cryptocurrency, it is imperative to understand that this investment strategy carries its own unique set of risks.

Before deciding to participate in cryptocurrency staking, carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial staked assets due to market volatility, validator penalties, or cybersecurity threats. Cryptocurrency markets are extremely volatile and can fluctuate widely, which could result in significant losses.

Investors should be aware that past performance is not indicative of future results. The regulatory environment surrounding cryptocurrencies and staking activities is still evolving, which could additionally impact your staking operations. It is your responsibility to be informed about and comply with all relevant laws and regulations in your jurisdiction.

This content is not intended as financial, legal, or investment advice, and should not be construed as such. We strongly advise consulting with a qualified financial advisor, tax professional, or legal counsel before engaging in any staking activities. By participating in staking, you acknowledge and accept the risks associated with such activities, including, but not limited to, the loss of principal and lack of liquidity for your staked assets.

Decisions to participate in staking should be made cautiously and based on your own due diligence and analysis of the risks involved. It is essential to understand that staking does not guarantee a return, and you are solely responsible for any decisions and their financial outcomes.

Club Member Staking Terms and Conditions

1. Acceptance of Terms: By participating in cryptocurrency staking, you agree to these Terms and Conditions (T&C), which govern your staking activities. These T&C are subject to change without prior notice, and your continued participation constitutes acceptance of any modifications.

2. Staking Process: Staking involves locking up cryptocurrency tokens to generate pool resources used for trading. Rewards are distributed in the form of tokens, proportional to the amount staked and the duration of staking.

3. Risks Acknowledgement: You acknowledge the inherent risks associated with cryptocurrency staking, including, but not limited to, market volatility, regulatory changes, cybersecurity threats, and the potential for loss of staked assets. You assume full responsibility for these risks.

4. Eligibility: You affirm that you are of legal age and have the legal capacity to enter into this agreement. You are responsible for ensuring that your staking activities comply with local laws and regulations.

5. Staking Rewards: Rewards are subject to the conditions set by the respective terms sheets. We do not guarantee any returns on staked assets.

6. Unstaking: Conditions for unstaking, including any applicable lock-up periods and penalties, are determined by the specific term sheets. You acknowledge that these conditions may affect the liquidity of your assets.

7. Liability: We shall not be liable for any loss or damage arising from your participation in staking, including, but not limited to, losses caused by technical failures, market movements, or regulatory changes.

8. Indemnification: You agree to indemnify and hold harmless the platform and its affiliates from any claim, demand, loss, or damage, including reasonable attorneys’ fees, arising out of or related to your breach of these T&C or your staking activities.

9. Governing Law: These T&C are governed by [International Law] without regard to its conflict of law provisions.

10. Contact Information: For any inquiries regarding these T&C, please contact us at [Email: wecare@theeclub.org].

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Email: wecare@theeclub.org