Terms and Conditions
Welcome to VIMEVERSE. These Terms and Conditions govern your use of our services, including our staking services. By using our services, you agree to be bound by these Terms and Conditions.
"We", "Our", and "Us" refers to VIMEVERSE.
"You" refers to the user of our services.
"Services" refers to the staking services offered by VIMEVERSE.
"Assets" refers to the cryptocurrency assets staked by the user.
"Staking Period" refers to the agreed period of time during which your assets will be staked.
We offer staking services on a decentralized network. Staking allows you to contribute to the security of a blockchain and to be rewarded for your efforts. The rewards are payments for validation services provided to the blockchain, not a return on investment. They are set by the blockchain protocol and are the same whether you stake on your own or through our services.
Ownership of Assets and Unstaking
You retain full ownership of your assets at all times. You have the right to “unstake” your assets consistent with the underlying protocol once your agreed Staking Period is over.
Staking rewards are determined by the blockchain protocol and are the same whether you stake on your own or through our services. We do not pay rewards based on the "efforts of others" or rely on entrepreneurial efforts to derive a better outcome for our customers. This arrangement is designed to ensure that our services do not constitute an investment contract under the Howey Test.
We may charge a fee for using our staking services. Any applicable fees will be clearly disclosed to you before you use our services.
Staking involves risks, including but not limited to the risk of loss of assets. You should carefully consider whether staking is appropriate for you in light of your financial condition.
Limitation of Liability
To the maximum extent permitted by law, we shall not be liable for any damages, including but not limited to, direct, indirect, special, incidental, or consequential damages, arising out of or in connection with your use of our services.
Changes to These Terms
We may update these Terms and Conditions from time to time. Any changes will be posted on our website and will be effective immediately upon posting.
These Terms and Conditions shall be governed by and construed in accordance with the laws of the jurisdiction in which VIMEVERSE is registered, Maryland, United States.
Information We Collect
We may collect personal information from you when you use our services, such as your name, email address, and cryptocurrency wallet address. We do not collect your wallet seed phrase.
How We Use Your Information
We use your personal information to provide our services to you, to communicate with you, and to comply with legal obligations.
How We Share Your Information
We do not sell or share your personal information with third parties, except as required by law or with your consent.
We take reasonable measures to protect your personal information from unauthorized access, use, or disclosure.
Changes to This Policy