Terms of Service

Article 1. Purpose

These Terms of Service (hereinafter the "Terms") define the rights, obligations, and responsibilities between Makina (hereinafter the "Company") and the user (hereinafter the "User") in connection with the use of the staking platform services (for Solana and Ethereum networks) provided by the Company.

Article 2. Definitions

• Service: refers to the web and mobile staking platform that allows users to delegate or deposit assets (e.g., SOL, ETH) and earn staking rewards.
• User: refers to any individual or entity who agrees to these Terms and accesses or uses the Service.
• Staking: means the process of delegating or locking up tokens (e.g., SOL or ETH) to support blockchain network operations and earn rewards.
• Wallet: refers to a cryptocurrency wallet held and managed by the User.
• Validator: refers to a node that validates transactions on the network and receives staking delegations.

Article 3. Effectiveness and Amendment of Terms

• These Terms take effect when posted on the Service platform and accepted by the User.
• The Company may revise these Terms to comply with applicable laws or to reflect service changes.
• Amendments will be notified at least 7 days in advance. Continued use of the Service without objection shall be deemed as consent to the updated Terms.

Article 4. Scope of Services

The Company provides the following services:

• Staking delegation for Solana and Ethereum assets
• Staking reward calculation and distribution
• Mobile wallet connection and transfer functions
• Real-time monitoring of staking performance and status

Service content is subject to change at the Company's discretion.

Article 5. Wallet Connection and Security

• Users may connect supported crypto wallets (e.g., Metamask, Phantom) to the platform.
• The Company will never request or store Users' private keys or seed phrases.
• Users are solely responsible for managing their wallet security and passwords. The Company shall not be liable for any loss or damage arising from compromised wallets unless caused by its gross negligence or willful misconduct.

Article 6. Staking Rewards and Fees

• Staking rewards are generated based on blockchain network rules and are distributed to Users after deducting the Company's service fees.
• Current service fees (subject to change with notice):
  • Solana (SOL): 5% of earned rewards
• Users can view their staking performance and reward details through the platform dashboard or via notification channels.

Article 7. Risks and Disclaimer

Users acknowledge the following risks associated with staking:

• Slashing: Loss of funds due to validator misbehavior
• Price volatility of crypto assets
• Network downtime, bugs, or protocol upgrades

• While the Company collaborates with trusted validators, it is not liable for losses due to validator actions or network errors.
• The Company does not guarantee any fixed or minimum return from staking activities.

Article 8. Unstaking and Withdrawals

• Unstaking may require a lock-up period depending on the blockchain network (e.g., Solana: 2–3 days; Ethereum: may take weeks).
• The Company will support Users with withdrawal procedures but is not responsible for delays due to network congestion or third-party issues.

Article 9. User Obligations

• Users must manage their wallet access credentials responsibly and must not share them with others.
• Prohibited conduct includes but is not limited to:
  • Using another person's wallet or account
  • Hacking, phishing, or disrupting the Service
  • Distributing malware or engaging in fraudulent behavior
  • Violating any applicable laws or public order
• Violations may result in restricted access, account suspension, legal reporting, or contract termination.

Article 10. Refunds and Termination

• Advance payments (e.g., pre-paid custodial staking fees) are non-refundable unless otherwise required by law or in cases of service inaccessibility caused by the Company.
• Users may stop using the Service at any time. Assets can be withdrawn after the required unstaking period.
• The Company may terminate the agreement without notice in the following cases:
  • Violation of these Terms
  • Involvement in illegal or malicious activity
  • Threats to system security or service integrity

Article 11. Privacy Protection

• The Company manages Users' personal information in accordance with applicable laws and its [Privacy Policy].
• Collected information may include: wallet address, login logs, transaction history, etc.
• Details of data use, retention, and user rights are set forth in the separate Privacy Policy.

Article 12. Intellectual Property

• All content on the platform, including UI/UX design, source code, and data, belongs to the Company or its licensors.
• Users may not copy, redistribute, or commercially use any part of the Service without prior consent.

Article 13. Service Modification and Termination

• The Company reserves the right to modify or discontinue any part of the Service for operational or legal reasons.
• In case of major changes, Users will be notified at least 7 days in advance.
• In the event of service shutdown, Users will be given a grace period to unstake and withdraw their assets.

Article 14. Governing Law and Dispute Resolution

• These Terms shall be governed by the laws of the United States (or applicable jurisdiction).
• Any disputes shall be subject to the exclusive jurisdiction of the court located in the Company's principal office location.
• Users and the Company agree to make best efforts to resolve any disputes amicably before seeking legal action.

Article 15. Miscellaneous

• Any matters not specified in these Terms shall follow relevant laws and standard practices.
• The Company is not liable for damages resulting from the User's failure to understand these Terms.