# Terms of services of crypto staking ## Terms of services These Terms of Service are an agreement between you (referred to as "you" or "your") and Xyes.com(referred to as "Xyes"). The terms "you" and "your" apply to anyone using, accessing, or attempting to use Xyes Crypto Staking. Please read these terms thoroughly as they govern your use of the Xyes Crypto Staking service. By using Xyes Crypto Staking, you acknowledge, agree, and confirm the following: 1. **Digital Currency Risks**: As with any asset, the value of Digital Currencies can fluctuate significantly, and there is a substantial risk of financial loss when purchasing, selling, holding, or investing in Digital Currencies and their derivatives. 2. **Assumption of Risks**: You assume all risks related to the use of Xyes Crypto Staking and transactions involving Digital Currencies and their derivatives. 3. **Liability Disclaimer**: Xyes is not responsible for any risks or negative outcomes that may occur. 4. **Voluntary Participation**: You are participating in Xyes Crypto Staking voluntarily. 5. **Understanding of Mechanism**: You confirm that you fully understand the mechanisms and algorithms behind Xyes Crypto Staking. 6. **Not a Financial Instrument**: Xyes Crypto Staking is not a financial instrument. It is a product designed to attract new users to the Xyes platform. 7. **Separate from Gaming License**: You understand that Xyes Crypto Staking is not covered by the gaming license and is offered as a separate service. 8. **Assumption of Risk and Release of Liability**: You explicitly agree to assume all risks associated with using the service and release Xyes from any and all liability, claims, or damages related to your use of Xyes Crypto Staking. 9. **Legal Age and Authority**: You represent that you are of legal age in your jurisdiction and have the legal authority to enter into this agreement on your behalf. By accessing, using, or attempting to use Xyes Crypto Staking in any capacity, you acknowledge and agree to these Terms. If you do not agree, you should not access or use Xyes Crypto Staking. By using the service, you automatically agree to comply with these rules. ### General Provisions
1.Changes to these Terms Xyes retains the right to modify or update these Terms at its discretion. Any updates will be communicated by posting the revised terms on the website and adjusting the "last updated" date at the top of the document. All modifications to these Terms will take effect as soon as they are published on the website or shared with users. Therefore, by continuing to use the Xyes Crypto Staking service, you automatically agree to the revised Terms. If you disagree with any updates to the Terms, you must stop using the Xyes Crypto Staking service immediately. Xyes strongly advises reviewing these Terms regularly to stay informed about the conditions that govern your participation in the staking programs.
2.Staking Programs Xyes may, but is not required to, offer Staking Programs for specific Digital Currencies, rewarding users under certain conditions who take part in these programs. When participating in such Staking Programs, please note the following: * Xyes reserves the right to launch or discontinue any Staking Program for Digital Currencies or change its rules at any time; * You agree that all investment activities on Xyes reflect your genuine intentions, and you fully accept the potential risks and rewards associated with your investment decisions; * You should fully acknowledge the risks of investing in Digital Assets and exercise caution when using Xyes Staking Program; * When providing Digital Assets for staking, you accept the following terms: * The applicable reward rates or APRs * The amount of Digital Assets staked * The minimum and maximum staking amounts * The reward distribution schedule for each staking type * The minimum claimable amount * The reward distribution ratio #### 2.1 Flexible Staking With Flexible Staking, there is no need to lock a fixed amount. Once you select the Digital Assets you want to stake, your balance will be used to calculate rewards. * Flexible Staking rewards start accruing immediately upon subscription and are distributed every 30 minutes, requiring manual claiming to reflect in your balance. * The minimum claimable amount is $0.10, which Xyes may adjust at its discretion. * Real-Time APR reflects the live reward rate, subject to market fluctuations. * Rewards are provided in tokens of the staked currency. * Even though rewards accrue every 30 minutes, they must be manually claimed. Once claimed, 50% is added to your balance, with the remaining 50% linearly distributed over 6 days for regular users and 3 days for VIPs. * If rewards are not claimed daily, they will be forfeited. * Flexible Staking does not lock your funds, allowing you to use your assets as you wish. * Tiered APRs may apply, depending on the amount staked. Example: Flexible Staking with Tiered APRs You staked 1,500 USDT in a Flexible Staking offer with the following APRs: * Tier 1: 0-500 ABC = 11% * Tier 2: >500 ABC = 6% Your rewards after 30 days of Flexible Staking would be 9.45 ABC: 1. 500 ABC \* (11% / 365 days \* 30 days) = 4.52 ABC 2. 1,000 ABC \* (6% / 365 days \* 30 days) = 4.93 ABC 3. 4.52 ABC + 4.93 ABC = 9.45 ABC. #### 2.2 Fixed-Term Staking Rewards from Fixed-Term Staking begin accruing at the Fixed-Term APR one day after subscription and are calculated based on the number of elapsed days. * Rewards are distributed daily at 01:00 UTC+0. * The rewards rate on the day they accrue determines the payout. * Rewards are provided in tokens of the staked currency. * If the position expires and auto-subscribe is off, the subscription amount is transferred to your balance, and unclaimed rewards must be manually claimed. Example: Fixed-Term Staking You staked 50,000 ABC in a 90-day Fixed-Term offer with a 30% APR. At the Settlement Date, your rewards would be 3,698.63 ABC. #### Claiming Rewards * Rewards must be manually claimed; 50% goes to your balance, while 50% is distributed over 3 days for VIPs and 6 days for regular users. * Unclaimed rewards will be burned if not claimed from the calendar daily. * Upon expiration, unclaimed rewards must be manually claimed. #### Changes to Rewards Rate (APR) * The Fixed-Term APR may change, and users will be notified in advance. * If the APR changes, it takes effect at the time and date specified by Xyes. If no time is mentioned, it becomes effective at 00:00 UTC+0 on the day of the announcement. #### Redemption * Staked assets will be returned to your balance at the end of the Fixed-Term period. * Early redemption is available, but a 5% penalty fee on your principal will apply, and any Fixed-Term rewards earned up to that point will be forfeited. * Early redemption triggers the deduction of the penalty fee and any claimed rewards from your balance. Example: Early Redemption with Fixed-Term Staking Using the earlier 90-day lock period example with a 30% APR, opting for early redemption after 40 days would result in: 1. Rewards after 40 days: 1,643.84 ABC. 2. Penalty fee: 2,500 ABC. 3. Redemption Amount: 45,856.36 ABC (after deducting the penalty fee and rewards). #### Auto-Subscription Xyes offers an Auto-Subscribe feature for Fixed-Term Staking, automatically renewing your subscription at the Settlement Date. This will not use rewards from the previous period. #### Manipulation Events Xyes may adjust the Fixed-Term Rewards Rate and notify users through social media. Xyes will not be responsible for any losses resulting from these changes. #### 2.3 Fixed-Term Staking with Wager All terms for Fixed-Term Staking also apply to Fixed-Term Staking with Wager. Users must meet minimum wager requirements for each pool. Failure to meet these will result in a 0% APR for that position. * Minimum wager requirements will be shown on the staking page and may be adjusted by Xyes at its discretion. #### 2.4 Wager Accrual * For Original Games, the multiplier is 0.75, while for Slots, it is 1. * Sports Betting has a multiplier of 3, meaning $1,000 in bets accumulates $3,000 in wager. * Wager accrual does not apply to Live, Table, and Special Games. #### 2.5 Definitions * Early Redemption: Ending your Fixed-Term position before the Settlement Date. * Eligible Fixed-Term Assets: Digital Assets selected by Xyes for staking. * Locked Distribution Frequency: How often Fixed-Term Staking rewards are distributed. * Subscription Amount: The amount you stake in Fixed-Term Staking offers. * Subscription Limits: The maximum allowed for staking in Flexible or Fixed-Term products. * Minimum Wager Requirements: The minimum wager needed to receive the APR for a subscribed pool.
3.Obligations and Warranties By engaging with Xyes Crypto Staking, you agree to: * Maintain only a single Xyes account; * Use your Xyes Account, the Xyes Platform, and the Xyes Crypto Staking services responsibly and with integrity; * Adhere to all terms outlined in these Terms, as well as other relevant platform documents and applicable laws in your jurisdiction; * Avoid any acts of misrepresentation, fraud, malicious behavior, or criminal conduct; * Provide accurate, complete, and current information, and avoid disseminating any false or misleading details; * Refrain from disrupting, intercepting, or appropriating our network, systems, data, or information; * Avoid transmitting or uploading any viruses, malware, or harmful software, and do not attempt unauthorized access to other users' accounts, websites, networks, or systems related to Xyes Crypto Staking; * Not engage in decompiling, reverse engineering, or disassembling our software, systems, or products, and respect the intellectual property rights of Xyes and its partners; * Refrain from deploying scripts or programs designed to scrape, index, survey, or mine data from our systems, or placing undue strain on the functionality of Xyes Crypto Staking; * Keep your Xyes Account information secure and inaccessible to third parties; * Notify Xyes of any changes to the information or documents you have provided, including your contact details, within 1 (one) day of the change; * Follow these Terms and all other Xyes Platform Terms. This list of obligations defined in this section is not exhaustive. If additional responsibilities arise from the use of Xyes Crypto Staking or from other sections of these rules, you are required to comply with them.
4.Limitation of Liability The Xyes Crypto Staking and all associated products or services are provided on an "as-is" and "as-available" basis. Xyes makes no guarantees, and you expressly waive all warranties, whether expressed or implied. This includes, but is not limited to, any warranty of merchantability or fitness for a particular purpose. You acknowledge that your use of Xyes Crypto Staking is at your own risk. To the fullest extent permitted by law, Xyes, along with its affiliates, subsidiaries, licensors, and their respective employees, contractors, agents, suppliers, and vendors, will not be liable for any damages or losses—whether direct, indirect, consequential, incidental, punitive, or otherwise—related to Xyes Crypto Staking or any associated data or values, regardless of whether such damages arise from negligence or other causes. Specifically, Xyes will not be liable for any lost profits or indirect, punitive, special, or consequential damages, even if you have been advised of the possibility of such damages. Xyes assumes no responsibility for any loss of funds resulting from unlawful activities by third parties, including but not limited to hacking, DDOS attacks, and other malicious actions aimed at stealing funds. We are not liable for any of the following: (a) errors, inaccuracies, or omissions in content, software, or services provided by Xyes; (b) interruptions or cessation of software functions and Xyes Crypto Staking services; (c) bugs, viruses, trojans, or similar harmful elements that may be transmitted via the website; (d) errors or losses incurred due to the use of services from the Xyes website
5.Taxation The User is solely responsible for any applicable taxes on the Staking Rewards and any other taxes that may be relevant to their situation. Xyes does not make any guarantees or statements concerning tax liabilities. The User agrees to indemnify and protect Xyes from any tax-related claims, including penalties, duties, and interest imposed by governmental authorities on the Staking Rewards. Xyes is not obligated to cover your tax liabilities or provide advice regarding your tax situation. Variations in tax regulations concerning Digital Assets may lead to unforeseen or future tax implications related to your Digital Assets and the use of Xyes Crypto Staking, for which Xyes will not be responsible. You agree to hold Xyes harmless from any costs or losses arising from such tax uncertainties.
6.Anti-Money Laundering, Suspension and Termination The Digital Assets that you deposit or will deposit into your Xyes account, as well as the funds used or to be used for purchasing these assets, must not originate from money laundering, terrorist financing, fraud, or any other unlawful activities according to applicable laws in your jurisdiction. We may need to suspend, alter, or cease certain aspects of Xyes Crypto Staking in any jurisdiction without prior notice if required by regulators, applicable laws, or for other reasons. During such times, the Digital Assets in your Xyes Account might be frozen indefinitely until the issue is resolved. Xyes reserves the right to request verification of the source of any funds deposited into your Xyes account or used to purchase Digital Assets. We also reserve the right to freeze your funds until the source is confirmed. Xyes may restrict, suspend, or terminate access to Xyes Crypto Staking without prior notice if: * We suspect that your Xyes Account, Xyes Crypto Staking, or any associated funds are linked to money laundering, terrorism financing, fraud, or any other financial crime. * You are using multiple accounts to circumvent the Anti-Money Laundering (AML) policy or misuse the system. * Your Xyes Account or Xyes Crypto Staking is involved in any legal, regulatory, or government proceedings, or if we believe there is a heightened risk of non-compliance. * Suspicious accounts may also include those with no activity or repetitive operations over time. Xyes retains the right to require users to withdraw funds to the original wallet used for the deposit. If there is suspicion of an AML policy breach, Xyes may require you to complete a Know Your Customer (KYC) process at any stage, whether depositing or withdrawing funds. This requirement is mandatory for all Xyes platform users. For flexible staking, all crypto deposits must meet a basic rollover requirement. Users must wager 100% of the deposit for gaming or 300% for sports betting before withdrawal is allowed. This rule does not apply to fixed staking if the full deposit amount is allocated to fixed staking. If only part of the deposit is used for fixed staking, the rollover requirement applies to the remaining amount. Xyes will make reasonable efforts to notify you of any decision to restrict, suspend, or terminate your Xyes Account or Xyes Crypto Staking services, unless prevented by legal or regulatory constraints, or if doing so would compromise security or risk management. You agree that Xyes is not obligated to disclose the fact or reason for any such decision and shall not be liable for any consequences resulting from the restriction, suspension, or termination of your account or services. Xyes Crypto Staking adheres to all AML requirements as specified in the Xyes platform’s Terms and Conditions.
7.Restrictions You confirm that you are not (a) subject to economic or trade sanctions imposed or enforced by the United Nations, European Union, or the United States of America, nor are you listed on any prohibited or restricted parties list by any government authority, or (b) a citizen, resident, or entity based in a country or region under such sanctions. You are not allowed to access or use Xyes Crypto Staking in any location where doing so would violate local laws or regulations or where it would subject us to the legal jurisdiction or registration requirements of that area. We reserve the right, at our sole discretion, to limit access to Xyes services for any individual, geographic region, or jurisdiction at any time. Access to Xyes Crypto Staking is strictly prohibited for individuals or wallets based in the United States of America. Additionally, access is restricted for persons or wallets located in, residing in, or associated with Belarus, Myanmar (Burma), Côte D'Ivoire (Ivory Coast), Cuba, Crimea and Sevastopol, the so-called Donetsk People’s Republic, Democratic Republic of Congo, Iran, Iraq, Gaza, Libya, the so-called Luhansk People’s Republic, Mali, Nicaragua, Democratic People’s Republic of Korea (North Korea), Russia, Somalia, Sudan, Syria, Yemen, and Zimbabwe. The use of software to alter an IP address by citizens or residents of these countries will be considered a severe breach of these Terms, granting Xyes the right to seize any deposited funds and block access to such individuals. Confiscated funds may be returned upon verification of the funds' legal origin and full user identification. IT IS YOUR RESPONSIBILITY TO DETERMINE WHETHER USING Xyes CRYPTO STAKING IS LEGAL IN YOUR REGION. YOU MUST NOT USE IT IF IT IS ILLEGAL IN YOUR LOCATION. IF YOU ARE UNSURE, SEEK INDEPENDENT LEGAL COUNSEL.
8.Service Availability Although we will make every effort to ensure uninterrupted operations, Xyes offers no warranties or guarantees regarding the availability of the Xyes Crypto Staking. Specifically, we do not promise continuous access to the Xyes platform or its Crypto Staking services, nor do we guarantee that they will be free from interruptions. Additionally, we make no claims that there will be no delays, malfunctions, errors, omissions, or loss of transmitted data during use.
9.Final Provisions This document may have been translated and published in various languages. In the case of any discrepancies, inaccuracies, omissions, or errors in any translated version, the English version will take precedence. You acknowledge that you are familiar with and fully understand these Terms. They apply to all users of the Xyes Crypto Staking service. By using the service, you agree to and commit to adhering to these Terms, which are binding on every user without exception. Using Xyes Crypto Staking automatically signifies your acceptance of and obligation to follow these Terms. This document, along with the Xyes Terms and Conditions, Privacy Policy, and other platform rules, constitutes the entire agreement between you and Xyes regarding your use of the Xyes Crypto Staking service.
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