Shido DEX Staking – Terms & Conditions & Legal Disclaimer

1. Staking Terms

1.1 Lock Period & Rewards

• Each deposit is subject to a lock period. The duration of the lock varies based on the staking pool selected.
• A fixed Annual Percentage Yield (APY) is provided for locked staking. The APY cannot be changed after deposit.
• Rewards are distributed according to the selected staking terms.

1.2 Emergency Withdrawal

• Emergency withdrawals are allowed but result in a penalty fee. No rewards will be distributed in case of emergency withdrawal.

1.3 Partial & Multiple Deposits

• Users can make multiple deposits, and each deposit will have its own lock period.
• Partial withdrawals are only allowed after the lock period ends. Emergency partial withdrawals are not permitted.

1.4 Flexible Staking Options

• Some staking pools may offer a flexible lock period and reward time. The terms will be displayed before staking.

1.5 Listing of New Staking Pools

• New staking pools require approval from the Shido team.
• The Shido team carefully reviews all pools, but Shido is not responsible in any capacity for third-party pools or projects listed.
• Shido reserves the right to remove any pool at any time.

2. Admin & Governance Rights

2.1 Admin Permissions

• Admins (for their own pools) can:
  • Add and remove staking rewards.
  • Change the lock period of new deposits but not modify APY.
  • Modify the rewards' end time.
• Admins cannot:
  • Remove staked tokens.
  • Change the APY after staking has been initiated.

2.2 Admin Responsibility

• Admins fully accept the present terms and conditions.

3. Risks & Liability

3.1 User Responsibility

• By staking, you acknowledge and accept the risks associated with but not limited to smart contracts, market volatility, and potential security vulnerabilities.
• Shido does not provide any guarantees on profitability or return on investment.
• By using the platform, you are responsible for staying informed in general.

3.2 No Liability for Losses

• Shido is not responsible for losses due to but not limited to:
  • Market fluctuations.
  • Smart contract bugs or exploits.
  • Hacks, attacks, or third-party security breaches.
  • Regulatory changes affecting the staking program.

3.3 Modifications & Updates

• Shido reserves the right to modify these terms at any time. Continued participation in staking constitutes acceptance of any updated terms.
• Shido reserves the rights to modify or update the Shido DEX platform in general.

4. Legal Disclaimer

• Staking on Shido DEX does not constitute an investment contract or financial advisory service.
• Participation is at your own risk, and users should conduct independent research before staking.
• No guarantees of returns or protection against loss are provided.
• Users must comply with local laws and regulations before using the Shido DEX staking platform.
• Shido retains the right to terminate or suspend staking services at any time for security, compliance or any relevant reasons.
• Shido has the exclusive intellectual property rights of the Shido DEX platform including but not limited to designs, software, code and interface.