Terms of Service

Effective Date: From 1st Sep. 2023 to 1st Sep. 2028

Please read on to acquaint yourself with the rules that oversee your utilization of our products, services, and applications, encompassing, though not limited to, our web interface hosted at stakestone.io ("Website") and our associated mobile application(s) collectively known as the "Services."

These Terms of Service (referred to herein as the "Terms") stand as a legally binding agreement between you and StakeStone Protocol. In these Terms, pronouns such as "we," "us," or "our" also pertain to StakeStone. Your consent to and acknowledgment of all the provisions contained within these Terms is imperative; otherwise, you don’t have the right to use our services and product. Your engagement with the Services in any manner signifies your acceptance of the entirety of these Terms, and they shall continue to remain in force throughout the duration of your usage. These Terms encompass the stipulations within this document, as well as those outlined in our Risk Summaries, and any other terms and conditions that may be cross-referenced or integrated into these Terms periodically.

We strictly adheres to regulatory policies in various countries/regions and does not provide services to users from the countries and districts including but not limited to United States, Mainland China, and Hong Kong. By accessing or using our protocol, you acknowledge and agree that you are not a citizen in any prohibited localities. Users are advised to utilize our product in compliance with the applicable laws and regulations of their respective jurisdictions. If the laws and regulations of your country/region do not support your usage of StakeStone, we regretfully cannot offer our services to you. By using this site, you agree and promise that under the laws of the jurisdiction in which you reside and are currently located, you have the legal right to access this site and utilize its services.

IT IS IMPORTANT TO NOTE THAT THESE TERMS INCORPORATE AN ARBITRATION CLAUSE. BY AGREEING TO THESE TERMS, YOU EXPRESSLY CONSENT AND COMPREHEND THAT ANY DISPUTES ARISING UNDER THESE TERMS SHALL BE RESOLVED THROUGH BINDING ARBITRATION. ADDITIONALLY, YOU AFFIRMATIVELY AGREE AND COMPREHEND THAT YOUR ACCEPTANCE OF THIS AGREEMENT CONSTITUTES A VOLUNTARY RELINQUISHMENT OF YOUR ENTITLEMENT TO A TRIAL BY JURY OR PARTICIPATION IN A CLASS ACTION LAWSUIT OR JURY TRIAL.

CHANGES TO OUR TERMS OF SERVICES

We are consistently dedicated to enhancing our Services; consequently, there may arise a necessity to modify these Terms together with the improvement of our Services. We reserve the right to effect changes to these Terms at any given point in time. This authority encompasses the suspension or cessation of specific facets of the Services, the introduction of novel features, the imposition of constraints on particular functionalities, or the restriction of access to segments or the entirety of the Services. Furthermore, we reserve the right to remove any content from the Services without prior notice, based on our sole discretion.

In the event you find yourself in disagreement with the updated Terms subsequent to any modifications, you have the right to reject. However, you will not be able to use the Service. If you use our services in any capacity following the implementation of an altered set of Terms, it denotes your concurrence with all the adjustments therein.

It is essential to underscore that, with the exception of modifications instituted by us as delineated herein, no other revisions to these Terms will possess legal validity unless they are documented in writing and bear the signatures of both you and us.

ELIGIBILITY TO USE OUR SERVICES

In order to access our Services, you must possess the capacity to enter into a legally binding agreement with us. Accordingly, you affirm and guarantee that you have reached the legal age required to establish a binding contract. If you are not of legal age, you must have obtained consent from your parent or legal guardian to use the Services, and they must have agreed to these Terms on your behalf.

If you are agreeing to these Terms on behalf of an organization or entity, you assert and warrant that you possess the authority to accept these Terms on behalf of said organization or entity, and you are empowered to bind them to these Terms. In such cases, the terms "you" and "your" within these Terms (with the exception of this sentence) refer to that organization or entity. You are solely permitted to utilize the Services for your individual, personal use, and not on behalf of, or for the advantage of, any third party. This usage must strictly adhere to all relevant laws and regulations that pertain to you.

USAGE OF OUR SERVICES

Our Services primarily consist of a web-hosted user interface on the Site and our corresponding mobile application(s). These platforms enable you to import an Ethereum wallet capable of storing and transferring specific supported Virtual Currency. Once you have connected a Wallet, you can utilize various features of our Services to manage your portfolio of Virtual Currencies and access and interact with supported decentralized protocols and decentralized applications.

Certain dapps associated with StakeStone may involve accessing Virtual Currency markets, or interfaces that facilitate complex financial transactions. We may also offer scripts, smart contract interactions, or other modules that enable the automation or combination of these intricate financial transactions. It is important to understand that your decision to interact with any of these systems or code is entirely your own, and we hold no control or responsibility for the outcomes of your transactions.

When you seek to execute a Virtual Currency transfer, to commence such transfer on our platform, you will need to initiate the transfer through your Wallet's interface or a web plug-in that interacts with our services. This process may necessitate the use of your private key or an alternative authentication method for Wallet access. It is important to acknowledge that we are legally entitled to rely upon the initiation of the transfer and are under no obligation to scrutinize or investigate its validity or accuracy. Consequently, you bear full responsibility for safeguarding your hardware devices, including your mobile phone, and any actions associated with these devices and your Wallet while using our services. Please be aware that we cannot be held accountable if another party gains access to your devices and authorizes a transaction after receiving a valid Transfer Initiation.

Regardless of your chosen method of authentication or Wallet access, it is important to understand that we will never have access to the Virtual Currency within your Wallet, nor will we store your private key or any analogous means of accessing your Wallet. Furthermore, we will never request such sensitive information. It is essential to note that we are unable to initiate a Virtual Currency transfer on your behalf.

We wish to clarify that we do not assume a fiduciary relationship or any associated obligations concerning decisions or actions made while utilizing your Wallet or our services. We bear no responsibility for any activities in which you engage while utilizing your Wallet. Additionally, we strongly recommend that you comprehend the inherent risks associated with our product and blockchain technology as a whole.

LIMITATION OF LIABILITY

To the maximum extent permissible under relevant legislation, under no circumstances shall the owner or contributors to the Website be held liable for any forms of damages, including, but not confined to, indirect, incidental, punitive, or consequential damages of any kind. These damages encompass losses such as loss of utility, loss of earnings, business interruption, erosion of reputation, or data loss, all stemming from the utilization of the Product.

INFORMATION DISCLAIMER

The information presented on the Website serves exclusively as an informational resource and should not be construed as investment counsel, financial, legal, regulatory, accounting, tax advice, or equivalent guidance. It is imperative that you refrain from interpreting any content on the Website as such.

Moreover, nothing contained within this Website should be viewed as a suggestion, whether emanating from us, our associates, or any third party, to either acquire or divest investments or engage in specific investment tactics or transactions. We urge you to consult your own professionals in areas such as investment, legal, and tax, suited to your unique circumstances and choices.

Our team administers the Website as a public service and explicitly disclaims all liability for damages, regardless of their nature, resulting from the utilization, referral to, or reliance upon any information found on the Website. Although the content within the Website is periodically refreshed, we do not guarantee the accuracy, comprehensiveness, or currentness of the information offered therein.

WARRANTIES DISCLAIMER

This product do not have any warranties of any kind, whether express or implied. This includes, but is not limited to, implied warranties of merchantability, fitness for a specific purpose, non-infringement, or any assurance of uninterrupted or error-free availability, accessibility, or utilization of the Website and/or any content, data, materials, or services provided herein.

The functionality of the product is not guaranteed and may be partially or fully disabled without prior notice. However, it is still possible to access funds by invoking contracts even when the front-end of the website is inaccessible.

RISK ASSUMPTION AND DISCLAIMER

Virtual Currency and blockchain technology are innovative with inherent risks, including but not limited to smart contract risks, market risks, third-party risks, and more. This is particularly relevant when using decentralized finance (DeFi) decentralized applications (dapps) through our Services. While our aim is to make these dapps more accessible, it is your sole responsibility to engage in transactions that you fully comprehend and are comfortable with. You must willingly assume all risks when conducting transactions involving Virtual Currency through our Services and should refrain from participating in transactions that are beyond your understanding.

Certain dapps may involve intricate financial transactions with a high level of risk, and we cannot provide financial or technical guidance for these transactions. Although some of our Services may combine and automate multiple transactions to simplify the process, you are responsible for comprehending each underlying transaction if you choose to use these specific Services.

By utilizing our Services, you acknowledge and accept the substantial risks associated with Virtual Currency and transactions conducted on the Ethereum network. In addition to the mentioned risks, you also agree and understand that:

  • This product (StakeStone) will not be liable for any losses, damages, or claims arising from events such as user errors, software issues with the product or related software or services, technical malfunctions, user security issues, actions or inactions of third parties.

  • Security audits do not entirely eliminate risks. This product is not guaranteed to be entirely secure or free from bugs or viruses.

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