X-Stake Terms & Conditions
Introduction
X-Stake ("we" or "us") operates consensus/validating nodes to support the decentralized functioning of various blockchains, both on mainnets and testnets, including, but not limited to Cosmos and Polkadot. You may, in your sole discretion as to whether to, how much and for how long, use your cryptocurrencies (as allowed by the respective blockchains) to support our status as a consensus/validating node for those blockchains by delegating the validation rights associated with the cryptocurrencies in accordance with the design of the respective blockchain. You may earn rewards and/or fees for such delegation as is consistent with the design and customs of the respective blockchain and our website. Any delegation of validation rights associated with the cryptocurrencies to us is subject to the terms and conditions and the protocol of the respective blockchain.
Your consent to to the terms and conditions contained in this disclaimer
When accessing our website providing the delegation information ("Delegation Portal") you accept this liability disclaimer. You can access our Delegation Portal where you find the information required to delegate your validation rights to us. This is how you consent to be bound by this liability disclaimer.
Limitation of liability
To the extent permitted by applicable laws, we do not assume any liability for your use of cryptocurrencies or delegating the validation rights associated with cryptocurrencies to us. Except for unlawful intent or gross negligence, we explicitly exclude any and all liability, and in no event will we be liable to you or any third party, for any kind of injury, forfeiture, loss or damage (such as direct, indirect, consequential, incidental, special or other damage) arising from your use of our services as operator of a consensus/validating node to the extent permitted by applicable laws.
Disclaimer of representations and warranties
We do not make any representations and warranties, neither express nor implied, as regards to our services as operator of a consensus/validating node.
Your assumption of risks associated with cryptocurrencies
Your use of any cryptocurrency and your delegation of validation rights to us is subject to the risks and limitations and the terms and conditions and the protocol of the respective blockchain. You acknowledge and accept that using cryptocurrencies or delegating validation rights to us can result in a partial or total loss and/or the forfeiture of all the cryptocurrencies whose validation rights you delegated to us including any associated fees and rewards. You alone assume all risks associated with cryptocurrencies and your delegation of validation rights to us. You agree to hold X-Stake unaccountable and to waive any type of claim against us for losses, forfeitures, damages, penalties or other detriments suffered due to your use of a cryptocurrency or any service provided by us to the extent permitted by applicable law.
This liability disclaimer is governed and construed by the material laws of England and Wales without regard to conflict of law principles and international treaties. All disputes arising out of or in connection with our services as operator of a consensus/validating node shall exclusively be settled by the ordinary courts of England.
Variation of terms
We reserve the right to change these terms of use at our discretion by changing them on the website. You are expected to check this page from time to time to take notice of any changes we made, as they are binding on you. Some of the provisions contained in these Terms of Use may also be superseded by provisions or notices published elsewhere on our website.
Latest revision: 14th of September 2020