Staking is a new concept in digital assets space. Digital assets staking can be extremely risky. By providing the staking product to you, we are assuming that you are a sophisticated digital assets space investor capable of evaluating the merits and risks of staking, its suitability and appropriateness in light of your own objectives, needs and circumstances, and its legal, taxation, accounting and financial implications and that in making this evaluation, you are not relying on any statement made by us.

Staking and Defi platforms/protocols may be vulnerable to smart contract vulnerabilities, hackers or malicious actors and, extreme market conditions such as volatile price movements and liquidity issues. This may affect the normal use of our platform and can affect your ability to withdraw your digital assets. In certain circumstances, your digital assets may also be lost. In the event that your digital assets are lost, these staking and Defi platforms/protocols are not insured in any way by deposit insurance. You acknowledge that we shall not be responsible for any losses in connection with the foregoing.

Staking and Defi platforms/protocols are third-party platforms/protocols. You acknowledge that we are not in any way affiliated to these third-party platforms/protocols and we simply stake your digital assets into these third-party platforms/protocols on behalf of you per your instruction. You further acknowledge that we shall not be responsible for any losses in connection with the use of such third-party platforms/protocols.

Some staking and Defi platforms/protocols and liquidity pools promise artificially high returns that entice persons to purchase or deposit digital assets. It is your sole responsibility to conduct due diligence on the relevant platform(s)/protocol(s) and review and evaluate the security and integrity of such platform(s)/protocol(s).

Some staking and Defi platforms/protocols require persons depositing digital assets to lock up their digital assets for a period of time. You acknowledge these risks, and that the resulting lack of liquidity can expose you to market conditions or fluctuations in the price of the digital asset that may negatively affect your position. Locking up their digital assets in a staking or Defi platform/protocol also exposes you to the potential of the digital assets becoming lost or stolen and it is extremely difficult to hold any party liable for such lost and stolen digital assets.

Digital assets deposited into the third-party platform/protocol may also be lost due to slashing and/or other penalties imposed by/on the third-party platform/protocol. These penalties are typically enforced at the protocol level and imposed on third-party platforms that have been dishonest, inactive or associated with a network or validator failure.

The product page of certain staking products may show the staking rewards (and the digital assets available for staking) of such staking product may be further utilized by us to engage in certain transactions (such as advancing collateralized loans, margin loans and other loans) with the intention to generate a higher yield for you. If you agree to purchase such staking products, you understand such transactions are subject to third-party credit risks, market risks, legal and regulatory risks, etc. and which may cause us unable to receive yield and even lose the staking rewards (or other digital assets) invested. You agree you are taking the risks of losing the staking rewards (or other digital assets) if you agree to purchase such type of staking product.

Any information provided by us regarding this product (including but not limited to the website, order system and product page) does not constitute an offer to sell, or a solicitation of an offer to buy, to residents of the United States, Hong Kong SAR, Singapore and other countries or regions where such offers or solicitations are prohibited by law.

Ethereum Staking