1. Staking Service Agreement
By using the Trust Live Stake staking platform (the "Service"), you agree to be bound by these Terms of Service. These terms govern your participation in our crypto staking programs and affect your legal rights. The Service is provided by Trust Live Stake ("we", "our" or "us"). If you do not agree to these terms, do not access or use the Service. You understand that cryptocurrency staking involves risks, including but not limited to slashing events, network disruptions, and market volatility. Trust Live Stake shall not be liable for any direct, indirect, incidental, special, consequential or exemplary damages resulting from your use of the Service.
2. Account Requirements
a. You must be at least 18 years old to use our staking services.
b. You must complete identity verification (KYC) before staking certain amounts.
c. You are solely responsible for maintaining the security of your account credentials.
d. You may not use the Service for any illegal activity or violate any laws in your jurisdiction.
e. You represent that all funds staked are lawfully obtained and not derived from illegal activities.
3. Staking Terms
a. Staking rewards are estimates only and actual returns may vary based on network conditions.
b. For locked staking terms, early unstaking may result in penalty fees or loss of rewards.
c. Reward distribution frequency varies by cryptocurrency (daily, weekly, or per epoch).
d. Minimum staking amounts apply and vary by cryptocurrency.
e. We reserve the right to modify staking programs, including APY rates, with advance notice.
f. Some staking programs may have unbonding periods during which assets cannot be accessed.
g. Staking does not constitute a bank deposit and is not covered by deposit insurance.
4. Risk Disclosure
a. Cryptocurrency values are volatile and may fluctuate significantly.
b. Staking involves the risk of slashing (penalty) for validator misbehavior in Proof-of-Stake networks.
c. Network upgrades or forks may temporarily affect staking operations.
d. Regulatory changes may impact the availability or terms of staking services.
e. Technical issues may temporarily prevent access to staked assets.
f. We do not guarantee the performance of any staking program or the preservation of principal.
5. Service Conditions
a. The Service is provided "as is" without warranties of any kind.
b. We may pause or terminate staking services for security or regulatory reasons.
c. We reserve the right to refuse service to anyone at our discretion.
d. You must not attempt to manipulate or interfere with our staking infrastructure.
e. We may freeze accounts suspected of fraudulent or illegal activity.
f. Maintenance periods may temporarily suspend staking operations.
g. We use third-party validators and infrastructure providers to deliver staking services.
6. Tax Responsibilities
a. You are solely responsible for determining and paying any taxes applicable to your staking rewards.
b. We may provide tax documentation for rewards earned, where required by law.
c. Staking rewards may be taxable as income at the time of receipt in your jurisdiction.
d. Consult a tax professional regarding your specific tax obligations.
7. Modifications
We reserve the right to modify these Terms at any time. Continued use of the Service after changes constitutes acceptance of the modified Terms. Material changes will be communicated via email or platform notification.