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General Terms of Use

This site is operated by The Hourglass Collective ("Hourglass"). These Terms of Use bind you and any organization you represent by simply visiting, using, or otherwise interacting with our Decentralized Application (DApp) (including accessing it through linked sites). These Terms define your rights and responsibilities regarding our DApp located at https://www.hourglasswait.com. Your use of the DApp is also subject to our Privacy Policy, which details how we manage your information. By accessing the DApp, you acknowledge that you have read and understood the Terms of Use and the Privacy Policy.

These Terms of Use are entered into and create a legally binding agreement by and between you and any organization you are acting on behalf of ("you," "your," or "yourself") and The Hourglass Collective ("Hourglass," "we," "our," or "us"). If you are accessing this website and DApp on behalf of an organization, you understand that "you," "your," and "yourself" refer to that organization. We may change these terms of use at any time. The changes take effect immediately when we post them on our website. By continuing to use our DApp, you agree to the revised terms. You must review the terms of use and privacy policy regularly for updates. If you disagree with any of them, your only option is to stop using our DApp.

  1. Besides these Terms of Use, you may also be subject to specific terms and conditions provided or posted on the website regarding Hourglass services or policies ("Other Hourglass Policies"). You acknowledge and agree to these Other Hourglass Policies. If any policies include terms not covered or inconsistent with these Terms of Use, the Other Hourglass Policies will take priority unless we state otherwise.
  2. Definitions. The definitions for specifically defined terms used in these Terms of Use are outlined below. Other terms are defined elsewhere in these Terms of Use.
    1. "Digital Assets" refers to the WAIT token or tokens.
    2. "Digital Wallet" means the wallet or similar device used to store WAIT.
  3. Access And Use
    1. DApp Access. Subject to the terms and conditions of these Terms of Use, we grant you a non-exclusive, revocable, non-assignable, non-sublicensable limited license to access and use our DApp.
    2. Your Information. We do not collect your personal information. However, with that said, we may use third-party services that collect your personal data. For further information, please see our Privacy Policy.
    3. Modifications and Changes to the DApp. We have the right to modify or change any part of our DApp, including its features, interface, or functionality, at any time and for any reason without prior notice. We are not responsible if the DApp becomes unavailable, fully or partially, at any time and expressly disclaim any responsibility for any losses or damages you incur, including losses related to the value of your digital assets or any other assets linked to us through your digital wallet or otherwise provided on our platform.
  4. ELIGIBILITY
    1. To use the DApp, you covenant and agree that the following are true:
      1. You are age 18 or over; and
      2. You have the authority and right to be bound by these Terms of Use, including the authority and right to bind any organization you act on behalf of.
  5. RESTRICTION ON USE
    1. You covenant and agree that you will not use, directly or indirectly, or encourage or permit others to use our DApp in violation of these Terms of Use.
      You further agree that you shall not:
      1. Use or attempt to use the DApp for any person other than yourself;
      2. Do not access or use our DApp in a way that violates anyone's intellectual property rights, privacy rights, or any other rights;
      3. Do not use our DApp in any way that could harm or disrupt it, including its content. This includes actions that damage, destroy, disable, overload, or impede the DApp's operation;
      4. Disrupt, interfere with, violate the security of, or attempt to gain unauthorized access to our DApp, any portion thereof, or any computer network or system that supports our DApp;
      5. Do not try to bypass or disable any security features we use to protect our DApp. This includes security devices, protections, and technological measures implemented by our service providers or us;
      6. Use or introduce any device, malware, software, virus, Trojan horse, worms, logic bombs, or any other material that (i) is malicious or harmful to our website or DApp in any way, or (ii) interferes with the functionality of the DApp;
      7. Do not use any methods or technology that lets users or third parties access our DApp through deep linking or any other measure that directly connects to any internal parts of our website or DApp;
      8. Do not use any methods or technology that lets users or third parties access our DApp through deep linking or any other measure that directly connects to any internal parts of our website or DApp;
  6. termination
    1. You understand and agree that (1) we can suspend or terminate your limited license from Section 2(a) at any time and for any reason, (2) we can shut down, suspend, terminate, or otherwise make the DApp unavailable to you at any time and for any length of time, and (3) we may not notify you of such termination or unavailability. We are not responsible for any losses or damages you incur, including any loss of value of your digital assets linked to our DApp.
    2. Survival. The following Sections shall survive termination of the Terms of Use: Section 7 (Intellectual Property), Section 9 (Representations and Warranties), Section 10 (Disclaimer), Section 11 (Limitation of Liability), and Section 12 (Indemnity).
  7. INTELLECTUAL PROPERTY
    1. Ownership. Hourglass owns everything related to the DApp, including its content, features, and functionality. This includes all information, software, text, visuals, and sounds and how they are arranged and presented. Any improvements or modifications made to these elements also belong to Hourglass. We reserve all rights not explicitly granted to you.
    2. Specific names, logos, and other materials displayed in and through our platform may be trademarks or service marks ("Trademarks") owned by Hourglass. You agree that you cannot use any of these Trademarks without our express written permission. All ownership and goodwill associated with these Trademarks belong exclusively to Hourglass and remain solely owned by them.
    3. Reservation of Rights. Apart from the limited permission granted in Section 2(a), these Terms of Use do not give you any rights to, ownership of, or interest in any intellectual property rights, industrial rights, or similar rights owned or controlled by Hourglass worldwide.
  8. privacy

    We understand the importance of confidentiality and privacy regarding your information. Please click here: link to Privacy Policy for a description of how we may collect, use, and disclose your information in connection with the DApp.

  9. REPRESENTATIONS AND WARRANTIES
    1. Your Representations and Warranties. You promise that:
      1. If you represent an organization, you can bind them to these terms and conditions. The organization must be established appropriately and in good standing under its jurisdiction.
      2. You (and any organization you represent) can enter into this Agreement.
      3. You have the full power and authority to sign and deliver this Agreement, and no further action is required on your part.
      4. Your performance under this Agreement and use of the DApp complies with all applicable laws and regulations.
      5. You and any organization you represent are not located in a restricted jurisdiction.
      6. You have the legal capacity to be bound by these terms.
      7. You will comply with all the obligations and restrictions outlined in Section 4.
      8. No government lists you as a restricted party.
      9. You can grant us the licenses and rights specified in this Agreement.
      10. You are not subject to any restrictions preventing you from using the DApp per these terms.
  10. DISCLAIMER

    OUR DAPP AND EVERYTHING IT CONTAINS IS PROVIDED "AS IS" AND "AS AVAILABLE." YOU ACKNOWLEDGE AND AGREE THAT RELYING ON AND USING THE DAPP, ITS CONTENT, FEATURES, OR DATA SUBMITTED BY YOU OR OTHERS IS ENTIRELY YOUR RESPONSIBILITY. TO THE FULLEST EXTENT PERMITTED BY LAW, HOURGLASS AND ITS REPRESENTATIVES MAKE NO PROMISES OR GUARANTEES, EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, REGARDING OUR DAPP, ITS CONTENT, FEATURES, OR ANYTHING RELATED TO THESE TERMS OF USE. THIS INCLUDES, BUT IS NOT LIMITED TO, GUARANTEES OF MERCHANTABILITY, FREEDOM FROM DEFECTS, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AVAILABILITY, QUALITY, SECURITY, ACCURACY, FREEDOM FROM VIRUSES OR MALWARE, COMPLETENESS, TIMELINESS, FUNCTIONALITY, RELIABILITY, OR SPEED OF DELIVERY. NEITHER Hourglass NOR OUR REPRESENTATIVES GUARANTEE THAT THE DAPP OR ITS CONTENT WILL BE ERROR-FREE, UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT THE DAPP OR ITS SERVERS ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE DApp, ITS CONTENT, OR SERVICES PROVIDED THROUGH OR IN CONNECTION WITH IT WILL MEET YOUR NEEDS OR EXPECTATIONS.

    OUR DAPP MIGHT INCLUDE DATA WE RECEIVE FROM THIRD PARTIES. THIS DATA MIGHT HAVE BEEN COLLECTED BY THEM ACCORDING TO THEIR PRIVACY POLICIES AND ANY NECESSARY AUTHORIZATIONS OR CONSENTS. HOURGLASS, ITS OFFICERS, DIRECTORS, MANAGERS, PARTNERS, MEMBERS, EMPLOYEES, AND AGENTS MAKE NO REPRESENTATIONS OR WARRANTIES, AND SPECIFICALLY DISCLAIM ANY AND ALL WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, REGARDING ANY THIRD-PARTY DATA INCLUDED IN THE DAPP OR USED IN ANY SERVICES OFFERED THROUGH OR IN CONNECTION WITH IT. UNLESS OUTLINED IN OTHER HOURGLASS POLICIES, WE ARE NOT RESPONSIBLE FOR ANY THIRD-PARTY DATA INCLUDED IN THE DAPP OR ANY PART OF IT.

  11. LIMITATION OF LIABILITY

    Except for cases of gross negligence, willful misconduct, or fraud, Hourglass will not be held responsible for any claims, liabilities, losses, costs, or damages arising from or in connection with your use of the DApp or any services, products, content, or data available from it. This includes but is not limited to, consequential, indirect, incidental, special, punitive, or enhanced damages, lost profits, loss of goodwill, interest, attorney's fees, or any other loss or damages. To the maximum extent permitted by law, and if our liability is not already excluded by the above, our total liability under these terms, our DApp, and any data or information provided on it will be limited to a maximum of one hundred U.S. dollars ($100).

  12. INDEMNITY

    If you violate these Terms of Use, breach your warranties or promises, misuse our DApp, or break the law, you agree to compensate and protect Hourglass and its officers, directors, employees, successors, and assignees from any losses, including claims from third parties. We have the right to control the defense if we are sued for your actions. You cannot settle any lawsuit without our permission unless it involves only monetary damages that you will fully pay.

  13. MISCELLANEOUS
    1. Waiver. Even if we do not consistently enforce every term of these Terms of Use, it does not mean we waive our right to do so later. Any waiver must be in writing and signed by us.
    2. Severability. If any part of these Terms of Use is declared invalid, unenforceable, or illegal by a court, it will not affect the rest of the terms. The remaining portions will remain fully valid and enforceable.
    3. Assignment. You shall not assign or transfer (whether by operation of law or otherwise) these Terms of Use (or any rights or obligations hereunder) to a third party.
    4. Exclusive Forum. Any disagreement or controversy arising from or related to these Terms of Use, including its interpretation, validity, or scope, will be resolved through private, confidential, and binding arbitration. A single arbitrator will conduct the arbitration.
    5. Class Action Waiver. Even though these Terms of Use say otherwise, any arbitration arising from these Terms of Use must be done individually. You agree not to combine your claims with others in arbitration, sue in court, or use arbitration to represent a group or class action lawsuit.
    6. Cooperation and Assurances. You understand that we might need to report certain activities or information about your use of the DApp or its services to relevant authorities. If this happens, you agree to provide us with any information or assistance we reasonably request to cooperate with those authorities.
    7. Linked Sites and Hyperlinks. As a convenience, we may provide links to other sites or resources. Because we do not have control over such sites and resources, we are not responsible or liable for the use of or reliance on any content, products, services, or information at such sites or resources. Inclusion of links does not imply any endorsement, affiliation, approval, association, or sponsorship by us of the linked websites, resources, operators, or owners. The information on the third parties' websites may have certain restrictions on use or distribution that differ from these Terms.
    8. Force Majeure. Neither party will be held responsible for delays or failures to fulfill obligations under these Terms of Use if they are caused by events beyond the reasonable control of that party, such as embargoes, wars, uprisings, riots, civil unrest, terrorism, strikes, lockouts, labor disputes, pandemics, epidemics, or natural disasters ("Force Majeure Events"). The affected party will notify the other party as soon as reasonably possible about such a Force Majeure Event and will make all reasonable efforts to minimize its impact.

Privacy Policy

The Hourglass Collective built the Hourglass Dapp. The Hourglass Collective provides this Service at no cost and is intended for use as is.

This page aims to inform you about our data practices concerning collecting, using, and disclosing your Personal Information when you utilize our Service.

By using our Service, you consent to collecting and using your information as this Privacy Policy outlines. The Personal Information we gather is solely utilized to provide and enhance the Service. We do not divulge or share your information with any external parties except as expressly detailed in this Privacy Policy.

The terms used in this Privacy Policy align with those defined in our Terms and Conditions, accessible at [URL], unless otherwise specified here.

  1. Information Collection and Use

    To enhance your experience while using our Service, we may request specific personally identifiable information from you. This Privacy Policy outlines that the information we retain and utilize is essential for optimal experience delivery.

    The DApp uses third-party services that may collect information to identify you. We respect your privacy, but to ensure optimal app functionality and resolve any errors, we collect Log Data from your device in specific instances. This data is gathered through third-party products and includes your IP address, device name, OS version, app settings, usage time and date, and other statistics. We use this information solely for troubleshooting and service improvement.

  2. Cookies

    Cookies are tiny data files that act as unique identifiers for your device. Websites often send them to your browser, storing them on your device's memory for various purposes.

    While our Service itself does not directly use cookies, third-party code, and libraries within the app may utilize them to collect information and enhance their services. You have complete control over whether to accept or decline these cookies, and you will be notified when they are being sent to your device. It is important to note that refusing cookies might limit your access to certain Service features.

  3. Links to Other Sites

    Our Service may contain links to external sites. Please be aware that our Privacy Policy does not govern these sites. We recommend carefully reviewing the privacy practices of any third-party sites you visit to ensure your personal information is protected per your preferences.

  4. Children's Privacy

    This Service is not intended for individuals under the age of 18, and we do not knowingly collect personally identifiable information from children under that age. If we discover a child under 18 has provided us with personal information, we will immediately delete it from our servers. Parents or guardians of children who may have provided such information are encouraged to contact us so we can take the necessary steps.

  5. Changes to This Privacy Policy

    We regularly review and update our Privacy Policy to ensure it reflects the latest changes in our practices and regulations. We encourage you to visit this page periodically to stay informed of any revisions. Any updates will be published here and will take effect immediately upon posting.

  6. Contact Us

    Your privacy matters to us. If you have any questions or suggestions about our Privacy Policy, please do not hesitate to reach out at [contact email]. We always here to help.

Staking Terms of Use

By accessing the Services (defined below), including but not limited to directly or indirectly linking your Digital Wallet (defined below) to the Services through a third-party site or Service or using any part of the Services, you agree to be bound by these Staking Terms of Use ("Terms"). This Agreement is made and creates a legally binding contract between you and any organization you represent ("you" or "your") and The Hourglass Collective ("Hourglass," "we," "our," or "us").

These Terms are in addition to and do not modify or replace the Hourglass Privacy Policy or the General Terms of Use incorporated herein by reference. In the event of any conflict, these Terms will govern to the extent that such conflict relates to the Services or any staking conducted under or in connection with these Terms.

We may modify these Terms at any time and for any reason. The modified Terms will be effective immediately upon posting on our website or Decentralized Application (DApp). By continuing to link your Digital Wallet to the Services or use the Services, you agree to the modified Terms. You are responsible for reviewing the Terms and any amendments or modifications. If you disagree with the Terms, your only remedy is to stop using the Services and the DApp.

  1. Definitions. The definitions for specific defined terms used in these Staking Terms of Use are outlined below. Other terms are defined elsewhere in these Staking Terms of Use.
    1. "Digital Assets" refers to the WAIT token or tokens or any other cryptocurrency or blockchain-based Token supported by The Hourglass Collective.
    2. "Digital Wallet" means the wallet, device, or software used to store Digital Assets.
    3. "Net Reward" means the total amount of tokens received as a Reward based on a user's accumulation of Hourglass Power Points (HHPs)
    4. "Rewards" means any Supported Token granted by The Hourglass Collective to users for their staking and accumulation of HPPs, including block rewards, endorser rewards, and transaction fees, in each case as actually granted by such Supported Token and received by Hourglass or you, as applicable, in connection with the performance of the Services.
    5. "Supported Token" refers to the tokens issued by companies and projects integrated into the Hourglass Collective incubation ecosystem.
  2. Services
    1. The Services. Subject to these Staking Terms of Use, the Hourglass DApp allows users to stake their WAIT tokens over periods of one month, three months, six months, twelve months, and twenty-four months to earn HPPs. Accumulation of HPPs is gamified across our user base on a real-time leaderboard. We reward users based on their position on the leaderboard with token airdrops from our ecosystem ("Services").
    2. License to Access the Services. Subject to these Staking Terms of Use, we now grant you a limited, non-exclusive, revocable, non-transferable, non-sublicensable right and license to access and use the Services provided by Hourglass.
    3. Blockchain Events. You acknowledge and agree that the Supported Tokens (defined below) are independently and separately operated and controlled by third parties. Consequently, such Supported Tokens may, at any time and for any reason, modify their protocols, fork, or implement any other action or change that may impact your Net Rewards (defined below), Digital Assets (defined below), the Services (defined below), and/or your access and use of each of the foregoing (collectively, a "Blockchain Event").
    4. Changes to the Services. We reserve the right to modify, alter, or otherwise change the Services (defined below) from time to time. Additionally, we reserve the right to discontinue any feature of the Services or any portion at any time and discontinue support for a Supported Token (defined below) for any reason in our sole discretion and without notice to you. You expressly acknowledge and agree that we are not responsible for such modifications and/or changes. We are not liable for any loss of value in your Digital Assets or Net Rewards (defined below) that may result directly or indirectly from any such changes or Blockchain Events.
    5. Rewards. Your use of the Services may generate a Net Reward of the applicable Supported Token or Tokens and transfer to the Digital Wallet address associated with your staked Digital Assets. You acknowledge that:
      1. Estimates or projections of Rewards or Net Rewards are not guaranteed.
      2. We will never ask for your Digital Wallet's private keys.
      3. We are not responsible for losing your private key or your inability to access your Digital Wallet or Net Rewards stored therein.
      4. You are responsible for ensuring we have the correct and valid address of your Digital Wallet(s).
  3. termination
    1. Termination. We reserve the right to terminate or suspend your access to the Services with or without prior notice if you breach these Staking Terms of Use or if we deem such action necessary under applicable laws. This termination or suspension is not our exclusive remedy, and we may pursue any other available legal recourse. Furthermore, we may terminate or suspend the Services as a whole or in part for any reason.
    2. Effects of Termination. In the event of any termination or suspension under Section 3(a) or otherwise, the Services will immediately cease. Termination or suspension may require us to complete specific delegated tasks that are part of the Services, including, but not limited to, unstaking of Digital Assets. We will perform these tasks at our discretion, and you disclaim any responsibility or obligation we may have to perform such tasks.
  4. Intellectual property
    1. Ownership. As between you and us, we hold all rights, titles, and interests in and to the Services, our website, DApp, and any related modifications, improvements, adaptations, enhancements, derivatives, and intellectual property rights. This includes, but is not limited to, patent rights, trademark rights, copyrights, trade secret rights, and any other intellectual property and/or industrial rights recognized worldwide.
    2. No Other Right. Except for the limited license granted in Section 2(b), we do not grant or convey to you any rights, title, or interest in our intellectual property rights in or to the Services, DApp, or any other products, software, or technology shared or made available by us in connection with these Staking Terms of Use. This includes but is not limited to, any implied, waived, or estopped licenses.
    3. No Reverse Engineering; Restrictions. You shall not directly or indirectly:
      1. Copy, modify, reproduce, reverse engineer, decompile, disassemble, or attempt to discern the source code or any other proprietary information or materials related to the Services or the DApp.
      2. Use the Services or DApp to build a competitive product, software, or technology offering similar services.
      3. Interfere with the Services, DApp, their security, network, or the operability of any of the foregoing.
      4. Introduce, post, or upload:
        1. Bugs, time bombs, time locks, traps, Trojan horses, or
        2. Any other harmful code or software that can corrupt or damage data, storage media, programs, equipment, or any hardware used in connection with the Services or our DApp.
  5. YOUR REPRESENTATIONS AND WARRANTIES; ACKNOWLEDGMENT OF RISKS
    1. Your Representations and Warranties. You represent, warrant, and covenant that:
      1. The organization or entity you represent is duly organized, validly existing, and in good standing under its jurisdiction of organization and authorized to enter into these Staking Terms of Use.
      2. You have the full power and authority to execute and deliver these Staking Terms of Use without requiring any further proceedings.
      3. Your performance under these Terms and use of the Services and DApp will comply with all applicable laws, rules, and regulations.
      4. Neither you nor the entity you represent are in a prohibited jurisdiction.
      5. You have the full legal authority and right to be bound by these Terms and bind the entity you represent on their behalf.
      6. The Digital Assets subject to the Services are not encumbered or restricted in any way that would impede compliance with these Terms.
      7. You have the right to access and use the Digital Wallet(s) used in connection with the Services.
      8. You understand that the continued availability of the Services depends on various factors and acknowledge the risks involved in using the Services, Website/App, and Supported Token.
      9. You and the entity you represent comply with all applicable laws and regulations.
      10. Neither you nor the entity you represent are listed as a prohibited or restricted party by the U.S. government or any other government or legal authority.
      11. Neither you nor the entity you represent has been convicted of or agreed to a pre-trial diversion or similar program in connection with the prosecution of a criminal offense involving theft, dishonesty, breach of trust, money laundering, illegal manufacture, sale, distribution, or trafficking in controlled substances, or substantially equivalent activity in any court.
      12. You are solely responsible for the security, custody, and control of any Digital Wallets, including those designated for receiving Net Rewards.
      13. You are not subject to any restriction or prohibition that would limit your use of the Services or DApp per these Terms.
      14. The Digital Assets are not derived from, and do not otherwise represent the proceeds of, any activities done in violation or contravention of applicable laws or regulations.
      15. You will not use the Services or DApp in any manner that violates applicable laws or regulations.
  6. Acknowledgment of Risk. You acknowledge and agree that (i) using the Services exposes you to significant risk of loss, (ii) you may not earn any Net Rewards, (iii) the operation of the Services and any resulting Net Rewards depend on services provided by third parties beyond our control, (iv) Digital Assets and Supported Tokens are emerging technologies subject to evolving regulatory landscapes in many jurisdictions, and (v) future laws, regulations, or directives in any jurisdiction may affect Digital Assets and Supported Tokens, potentially leading to sudden changes in the Services or your Rewards and Digital Assets.

    In light of the above, we expressly disclaim any liability for any losses or damages you may experience in connection with these risks

    1. NO INVESTMENT ADVICE

      The Hourglass Collective and its affiliates are not legal, tax, financial, or investment professionals. We do not provide advice on these matters. Every situation is unique, so please consult a qualified professional before making financial decisions. Using our services:

      1. Our services are not an investment or investment advice.
      2. We do not offer, sell, or promote any specific coins, NFTs, or other digital assets (“Assets”) available through our platform.
      3. We are not responsible for any losses or damages arising from (i) using our services or the Assets, (ii) actions or events related to third parties, or (iii) security problems, technical failures, software or data corruption, or user errors.

    2. INDUSTRY RISKS

      By using the Services, you acknowledge and accept the inherent risks associated with cryptographic systems, including:

      1. Understanding of native tokens, smart contracts, and blockchain: You warrant that you possess sufficient knowledge and understanding of these complex technologies.
      2. Regulatory Impact: You understand the Services could be affected by regulatory inquiries or actions, potentially restricting development or your ability to use them.
      3. Loss of Assets: You acknowledge the inherent risk of theft or loss of your cryptographic tokens or property within blockchain-based systems despite our reasonable efforts to secure the Services.

  7. THE SERVICES, DAPP, AND ANY OTHER PRODUCTS, SOFTWARE, OR TECHNOLOGY PROVIDED BY US UNDER THESE STAKING TERMS OF USE ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY REPRESENTATIONS OR WARRANTIES CONCERNING THEM. WE HEREBY DISCLAIM ALL EXPRESS, IMPLIED, OR STATUTORY WARRANTIES, INCLUDING, BUT NOT LIMITED TO, WARRANTIES OF NON-INFRINGEMENT, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AVAILABILITY, ERROR-FREE OR UNINTERRUPTED OPERATION, AND ANY WARRANTIES ARISING FROM A COURSE OF DEALING, COURSE OF PERFORMANCE, OR USAGE OF TRADE.

    WE FURTHER DISCLAIM ANY LIABILITY FOR ANY LOSSES RESULTING FROM OR IN CONNECTION WITH SLASHING PENALTIES.

  8. LIMITATION OF LIABILITY. EXCEPT FOR ACTS OF GROSS NEGLIGENCE, WILLFUL MISCONDUCT, OR FRAUD, TO THE FULLEST EXTENT PERMITTED BY LAW, WE SHALL NOT BE LIABLE UNDER THESE STAKING TERMS OF USE FOR ANY CONSEQUENTIAL, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR ENHANCED DAMAGES OR LOST PROFITS, INTEREST, ATTORNEYS' FEES, COMPUTER FAILURE OR MALFUNCTION, DATA LOSS, LOSS OF GOODWILL, OR REVENUE ARISING OUT OF, RELATING TO, OR IN CONNECTION WITH THESE STAKING TERMS OF USE.

    IN THE EVENT OUR LIABILITY IS NOT ALREADY EXCLUDED BY THE PREVIOUS CLAUSE, OUR AGGREGATE LIABILITY UNDER OR IN CONNECTION WITH THESE STAKING TERMS OF USE SHALL BE LIMITED TO ONE HUNDRED U.S. DOLLARS ($100).

  9. INDEMNIFICATION

    You agree to indemnify, defend, and hold harmless us, our representatives, officers, directors, employees, successors, and assignees from and against any and all losses, liabilities, damages, costs, and expenses (including attorneys' fees) arising from or in connection with (i) your breach of these Staking Terms of Use, including any failure to comply with the terms and conditions outlined in this document, (ii) your breach of any representations, warranties, or covenants made herein, such as misrepresentations about your identity, qualifications, or the ownership of Digital Assets, (iii) your use of the Services or DApp in violation of these Terms, which may include unauthorized access, improper use of features, or attempts to disrupt the operation of the platform, (iv) your infringement, misappropriation, or violation of the rights of any third party, such as intellectual property rights, privacy rights, or contractual obligations, (v) any content, materials, or information in any form or medium that you submit, post, upload, provide, contribute, or make available (or authorize us to do so) through the Services or DApp, including content that is harmful, offensive, or illegal, (vi) your violation of any law or applicable regulation, such as laws governing financial transactions, securities, or data privacy.

    In the event you are obligated to indemnify us, we reserve the right to control any legal action or proceeding related to such claims at our own expense. You may not settle any claim without our prior written consent unless the settlement solely involves monetary damages you fully pay.

  10. MISCELLANEOUS
    1. Governing Law. These Staking Terms of Use shall be governed by and interpreted per the laws of the State of California and any applicable federal laws of the United States, without regard for choice of law provisions thereof.
    2. Severability. If any provision of these Staking Terms of Use or its application to any person or circumstance is held invalid or unenforceable, the remaining provisions of these Terms and the application of that provision to other persons or circumstances shall remain in full force and effect. This provision shall be enforced to the greatest extent permitted by applicable law.
    3. Waiver. No waiver of any right under these Staking Terms of Use is effective or binding unless in writing and signed by an authorized party representative expressly waiving that right. Neither a delay nor a failure by any party to exercise any right under these Terms, nor any partial or single exercise of such right, constitutes a waiver of that right or any other right under these Terms.
    4. No Third-Party Beneficiaries. The provisions of these Staking Terms of Use are solely for the benefit of the parties and are not intended to, and will not be construed to confer a right or benefit on any other person.
    5. Assignment. You will not assign or transfer (whether by operation of law or otherwise) these Staking Terms of Use (or any rights or obligations hereunder) to any third party without our prior written consent.
    6. Force Majeure. No party shall be held liable or responsible to any other party for any failure or delay in fulfilling or performing any provision of these Staking Terms of Use if a Force Majeure Event causes such failure or delay.

      A "Force Majeure Event" shall mean any event beyond the reasonable control of the affected party, including, but not limited to, the following, embargoes, acts of war (declared or undeclared), insurrections, riots, civil commotions, acts of terrorism, strikes, lockouts, other labor disturbances, pandemics, epidemics, acts of God.

      The affected party shall notify the other party of any Force Majeure Event as soon as reasonably practicable. The affected party shall also make reasonable efforts to mitigate the effects of the Force Majeure Event.

    7. Exclusive Forum.

      All claims, disputes, or controversies arising from or relating to the Services or these Staking Terms of Use (including the arbitrability of any claim, dispute, or controversy) or the breach, termination, enforcement, interpretation, validity, or scope hereof shall be resolved by private, confidential, and binding arbitration.

      A single arbitrator shall conduct such arbitration. The arbitrator shall be appointed by written Agreement of the parties. In the absence of an agreement, a judge shall appoint the arbitrator upon the application of either party. Arbitration shall be held in California unless otherwise agreed upon by the parties in writing. In writing, the parties shall agree upon the arbitration procedure to be followed. Without an agreement, the arbitrator shall determine the procedure. The parties shall follow the Commercial Arbitration Rules of the American Arbitration Association.

      The arbitrator's judgment may be entered in any court having competent jurisdiction.

      If the arbitrator determines that the evidence produced through the arbitration process is insufficient to support a decision, the arbitrator may conclude the arbitration proceedings without a decision.

    8. Class Action Waiver. Notwithstanding anything contrary to these Staking Terms of Use, any arbitration proceeding under these Terms must be conducted individually. This means that you may not (i) join or consolidate claims with or against any other person, (ii) litigate any claim in court, or (iii) arbitrate any claim as a representative or member of a class or private attorney general