These Terms of Use, Privacy Policy, and Disclaimer Notice, as well as any other agreements, use the following terminology: “Delegator”, “You” and “Your”, “Client” refers to the person who accesses and accepts the terms and conditions of the delegation service. “StakerHouse”, “Validator”, “Validation Service”, “Staking Service”, “Service”, “Baker”, “We” and “Us”, refers to the delegation service. The singular, plural, capitalization, and/or he/she or they, are interchangeable and refer to the same.
Consent
By accessing the website or using any StakerHouse services, including staking, but not limited to providing or submitting any information to us, you consent and agree to these Terms of Use.
Disclaimer – Exclusions and Limitations
The information on this website is provided on an “as is” basis. To the fullest extent permitted by law, this Delegation Service: excludes all representations and warranties relating to this website and its contents or which is or may be provided by any affiliates or any other third party, including in relation to any inaccuracies or omissions in this website and/or the Delegation Service’s literature; and excludes all liability for damages arising out of or in connection with your use of this website. This includes, without limitation, direct loss, loss of business or profits (whether or not the loss of such profits was foreseeable, arose in the normal course of things, or you have advised the Delegation Service of the possibility of such potential loss), damage caused to your computer, computer software, systems and programs, and the data thereon, or any other direct, indirect, consequential, and incidental damages.
Regulatory Compliance
As a client, you must warrant and represent that your service usage complies with all applicable regulations and laws. You are responsible for understanding whether or not the Service is suitable for you in respect of such data privacy laws and regulations as GLBA, GDPR, similar, or any other applicable laws. If you use our Service and are subject to the aforementioned laws or regulations, StakerHouse is not liable if the Platform does not meet those required criteria. You take complete responsibility for any other laws and regulations in your jurisdiction, whether they restrict or allow you to use such services as StakerHouse. StakerHouse is not liable for any of your actions that violate the laws in your jurisdiction through the usage of the Service.
Services
StakerHouse offers Staking Services, acting as a node operator or Validator on various Proof-of-Stake (PoS) blockchain networks. This allows Delegators to stake their tokens and delegate voting powers to StakerHouse acting as Validator. StakerHouse participates in the governance of different PoS blockchains. All decisions made by StakerHouse related to the PoS blockchains are exempt from any disputes from the Delegators.
Rewards
Delegators and the Validator may be entitled to staking rewards payable to them directly by the Network, in accordance with the terms of the applicable blockchain network.
Non-Custodial Delegation
The Delegator may, at its discretion, delegate to StakerHouse a certain amount of certain tokens for StakerHouse to act as Validator. The Delegation does not involve the transfer of tokens from the Delegator to StakerHouse, and delegated tokens will always remain the property of and under the control of the Delegator. The Delegator may unstake its tokens from StakerHouse’s Delegation service at any time, subject to the unbonding or lock-up period rules of the respective PoS network. StakerHouse has no control over this time period and any financial risk from price fluctuations will be borne by the Delegator. The Delegator acknowledges that it remains in full control of its keys, seed phrases, and is solely responsible for the security of its digital assets. As a non-custodial service, StakerHouse does not have any control over the tokens of the Delegators and cannot recover these tokens in the event of theft or loss.
Governance
When acting as a Validator, StakerHouse may use the Delegated voting power to express its views on protocol-level governance decisions, such as future network upgrades, grant fundings, and other decisions. When a client delegates tokens to nodes owned by the company to earn staking rewards, the voting rights bound to the tokens are transferred to the company, but the delegator can still express its own views and join the community in debating governance proposals. Depending on the networks, the Delegator may be able to vote by itself and override StakerHouse’s governance votes. StakerHouse cannot be held legally liable for protocol-level decentralized governance votes and decisions.
Experimental Technologies
StakerHouse provides Validation Services on Proof-of-Stake blockchain protocols and infrastructure for various blockchain networks. These technologies, including blockchains and consensus algorithms like Proof-of-Stake, are experimental and highly risky to invest in and interact with. You understand that StakerHouse is not responsible for any blockchain protocol faults, bugs, hacks, or other failures. StakerHouse does not provide investment, financial, legal, regulatory, accounting, tax, or similar advice. StakerHouse is an agnostic infrastructure provider operating for various blockchain networks, and you should conduct your own due diligence when buying cryptocurrencies and using our Service. Additionally, you acknowledge that StakerHouse is not part of blockchain protocol development teams and does not participate in the development of the code and mechanics of the networks.
Log Files
We use website usage data, including anonymized IP addresses, to analyze trends, administer the site, track user actions, and gather broad demographic information for aggregate use. If you choose to use any product developed by StakerHouse, your email and public wallet address may be collected. Our web servers automatically log standard access information, including browser type, access times/open mail, URL requested, and referral URL, for systems administration, detecting usage patterns, and troubleshooting purposes. This information is used only within this Delegation Service on a need-to-know basis and is not shared with third parties. Any individually identifiable information related to this data will never be used in any way different from that stated above without your explicit permission. More information about the data we collect and use can be found in our Privacy Policy.
Ownership and Intellectual Property
StakerHouse owns all proprietary rights in the Service, including the domain and all of its subdomains, such as marketing materials, logos, color schemes, design, copyrights, trademarks, trade secrets, service marks, development practices, proprietary software, and other intellectual property rights. Clients are obligated to respect all of StakerHouse’s intellectual property, which is protected by law.
Use License
You must not perform any unlawful actions against StakerHouse, attempt to bypass or circumvent any security mechanisms, gain unauthorized access to any of our computer systems, or conduct any activities that may disrupt the Service’s work, including running malicious code such as worms, trojans, cryptojacking software, and other types of viruses. It is also prohibited to launch any software or devices on the Service that will automatically or manually collect data or spam the Service. The Use License automatically voids in case an Individual violates the aforementioned rules. If a User or any other individual has damaged any part of the Service due to any type of cyber attack, then this case will be reviewed and provided to Law Enforcement, which will act accordingly in this situation.
Client Rights and Responsibilities
As a Client of the Service, you are responsible for any taxes associated with staking payouts that may be subject to taxation in different jurisdictions. StakerHouse is not liable for any Client taxes imposed by other legal systems. You must wait for the unbonding or lock-up period to end before initiating the withdrawal process. It’s important to note that you can’t withdraw your staked cryptocurrency before the end of this period.
Disclaimer on Investment Advice
Please note that the information provided on this website is not intended to be investment advice, financial advice, trading advice, or any other form of advice. We do not recommend any cryptocurrency to be bought, sold, or held by you. None of the content on our website should be considered as an offer to buy, sell, or hold any cryptocurrency.
It is important that you conduct your own due diligence and seek advice from your financial advisor before making any investment decisions. StakerHouse cannot be held liable for any investment decisions made by you based on the information provided on this website.
Notification of Changes
StakerHouse reserves the right to modify these terms and conditions as it deems necessary. Your continued use of the site indicates your acceptance of any adjustments to these terms. We will announce any changes to our privacy policy on our home page and other key pages on our site. You are advised to review this statement regularly. These terms and conditions are part of the agreement between you and ourselves. By accessing this website and/or delegating, you understand, agree to, and accept the Disclaimer Notice and the full Terms of Use contained herein.