Last Updated: August 6, 2025

Terms of Use

PLEASE READ THESE TERMS OF USE CAREFULLY. NOTE THAT THESE TERMS OF USE CONTAIN A BINDING ARBITRATION CLAUSE AND A REPRESENTATIVE ACTION WAIVER, WHICH AFFECT YOUR LEGAL RIGHTS. THE USE OF THE SERVICES INVOLVES SIGNIFICANT RISKS, WHICH ARE DESCRIBED HEREIN. BY USING THE SERVICES, YOU CONFIRM THAT YOU HAVE READ AND FULLY UNDERSTOOD THESE TERMS OF USE. USE OF THE SERVICES CONSTITUTES YOUR FULL ACCEPTANCE OF THESE TERMS.
DUE TO THE IRREVERSIBLE NATURE OF BLOCKCHAIN TRANSACTIONS, ONCE YOU HAVE SIGNED AND SUBMITTED A TRANSACTION INVOLVING YOUR CRYPTOCURRENCY, IT CANNOT BE REVERSED OR RECALLED. ACCORDINGLY, NO REWARDS WILL BE GENERATED IF THE TRANSACTION WAS MISDIRECTED OR INVALID.

1. Agreement to Terms

These Terms of Use (or “Terms”) constitute a legally binding agreement made between you, whether personally or on behalf of an entity (“you” or “User”) and P2P Staking (“P2P Staking,” “P2P”, “we,” “us,” or “our”), concerning your access to and use of the https://p2p.org/ website and all associated domains (the “Site”) as well as any other media form, media channel, mobile website, applications, digital services, validation services, or any other types of Services provided by us (collectively, the “Services”, separately for specific Service – “Parts of the Services”).

BY USING THE SITE AND/OR THE SERVICES OR THE PARTS OF THE SERVICES, YOU AGREE TO THESE TERMS; IF YOU DO NOT AGREE, DO NOT USE THE SITE AND/OR THE SERVICES OR THE PARTS OF THE SERVICES. P2P STAKING RESERVES THE RIGHT, AT ITS SOLE DISCRETION, TO AMEND, CHANGE, MODIFY, ADD OR REMOVE PORTIONS OF THESE TERMS OF USE AT ANY TIME. IT IS YOUR RESPONSIBILITY TO CHECK THESE TERMS OF USE PERIODICALLY FOR CHANGES. YOUR CONTINUED USE OF THE SITE AND/OR THE SERVICES OR THE PARTS OF THE SERVICES FOLLOWING THE PUBLISHED UPDATES TO THE TERMS WILL MEAN THAT YOU ACCEPT AND AGREE TO THE CHANGES. AS LONG AS YOU AGREE AND COMPLY WITH THESE TERMS OF USE, P2P STAKING GRANTS YOU A PERSONAL, NON-EXCLUSIVE, NON-TRANSFERABLE, LIMITED PRIVILEGE TO ENTER AND USE THE SITE AND THE SERVICES OR PARTS OF THE SERVICES. IF ANY OTHER TERMS, CONDITIONS, AGREEMENTS, OR RULES BETWEEN YOU AND US APPLY TO THE SERVICES OR PARTS OF THE SERVICES IN ACCORDANCE WITH THE PROVISIONS OF ANY OTHER TERMS PUBLISHED BY P2P OR ENTERED INTO BETWEEN P2P AND THE USER, SUCH TERMS, CONDITIONS, AGREEMENTS, OR RULES SHALL PREVAIL OVER THESE TERMS OF USE.

2. Definitions

2.1

“Blockchain” means a distributed digital ledger that is not under the control of a single identifiable or discreet individual or entity and where accounts (including units of account contained in them) cannot be manipulated without providing a user’s specific private key.

2.2

“Cryptocurrency” or “Cryptocurrencies” refers to distributed, decentralized peer-to-peer digital currencies that are tracked by a Blockchain.

2.3

“User Data” means all data, files, and information that the User provides to P2P Staking in the course of using the Services or the Parts of the Services. Although we perform regular routine backups of data, you are solely responsible for all data that you transmit or that relates to any activity you have undertaken using the Site. You agree that we shall have no liability to you for any loss or corruption of any such data, and you hereby waive any right of action against us arising from any such loss or corruption. Note that any information posted to a public Blockchain is accessible to the public, and you should not expect confidentiality nor a guarantee against reproduction for such data (whether or not in connection to our Services or the Parts of the Services).Please refer to our Privacy Policy for information about how we collect, use, and share yourinformation.

2.4

“User Funds” means the Cryptocurrencies controlled by the User, which were non-custodially delegated to P2P Staking for Validation or otherwise are deemed as such in accordance with the terms applicable to the Parts of the Services.

2.5

“Validator Rewards” means all Cryptocurrency generated by operating validator nodes (“Validator Nodes”), including, but not limited to, block rewards, endorser rewards, transaction fees, and any other direct payments as a result of operating a Validator Node.

2.6

“Third-Party Smart Contract Providers” means any third party that has deployed a smart contract on Blockchain and/or has the ability to modify its parameters or functionality.

2.7

“P2P Fees” means the fees charged by P2P Staking for the Services or the Parts of the Services, respectively.

3. Our Responsibilities

3.1

Validation

P2P Staking operates Validator Nodes to support the decentralized functioning of various Blockchains. P2P Staking maintains all necessary hardware, software, connectivity, technological infrastructure, management, supervision, and any other requirements to properly deploy these Validator Nodes.

3.2

Transaction Preparation

P2P may prepare a transaction required to perform the Service or a Part of the Service for subsequent signature and submission by You. You agree that such transaction may include all data necessary to carry out the relevant Service or Part of the Service, taking into account its specific technical characteristics.

3.3

Support

We aim to provide quality and timely support for each of our Services. You can email us at info@p2p.org with any questions or technical issues, and we will assist you as soon as we can.

3.4

Other Parts of the Services

We may have other responsibilities that pertain to specific Parts of the Services and are described in the corresponding terms applicable to such Parts of the Services.

3.4.1

Withdrawals
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You may terminate the Services or Parts of the Services on your side by initiating a withdrawal. Please note that since the Services or Parts of the Services are non-custodial, any withdrawal must ultimately be performed by You.

In some cases, the withdrawal function may be available via our interface or on the Site to assist You in sending the withdrawal transaction. However, P2P does not warrant or guarantee that this functionality will always be available. When it is not, You acknowledge and agree that You are solely responsible for performing the withdrawal, including preparing and submitting the necessary transactions.

Please also note that any withdrawal — whether facilitated via our interface, the Website, or performed independently by You — may require time and may be subject to applicable lock-up periods or protocol-level restrictions imposed by the relevant Blockchain or smart contracts. You agree to allow reasonable time for such processes to be completed.

3.4.2

Transaction Preparation Services
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P2P may provide technical services that generate unsigned blockchain transaction data at the request of the User (the “Transaction Preparation Services”).

Such services are provided solely as a technical convenience. In this case, P2P does not sign, submit, broadcast, or otherwise execute any transaction on behalf of the User, and does not have access to the User’s private keys or credentials.

The User acknowledges and agrees that:

(a) the use of the Transaction Preparation Services is optional and at the User’s sole discretion;

(b) the User is solely responsible for reviewing, verifying, and validating each transaction before signing it, including all parameters, recipients, amounts, fees, and any associated smart contract logic;

(c) by signing a transaction, the User independently authorizes and approves such transaction, regardless of how the transaction data was generated;

(d) P2P does not provide any warranty or representation that any generated transaction data is accurate, complete, secure, or suitable for the User’s intended purpose.

3.5

P2P Fees

P2P may charge P2P Fees in connection with the performance of the Services or any Part of the Services, as well as in relation to other responsibilities undertaken by P2P in accordance with these Terms. The applicable amount of such P2P Fees will be made available through our interface or on the Site. You agree that P2P may establish such fees through relevant smart contracts or other blockchain-based mechanisms, and that such fees may be automatically deducted from the Validator Rewards or other amounts at predefined time intervals or at the time of the corresponding transaction.

4. Your Responsibilities

4.1

General Responsibilities

You agree to use the Services in accordance with these Terms, applicable law, and any applicable usage policies or technical requirements published by P2P. You are solely responsible for ensuring that your use of the Services is lawful, technically compatible, and does not interfere with, impair, or burden the functionality, security, or reliability of the Services or the underlying blockchain networks.

You acknowledge and agree that the execution of transactions may require the payment of certain fees (such as gas fees), and You are solely responsible for covering any such fees incurred in connection with your use of the Services or the Parts of the Services.

You further agree that, when signing and submitting transactions, You must exercise due care in entering all data, including the address designated for Validator Rewards or Withdrawals, as any mistake may result in the irreversible loss of funds to an incorrect address.

4.2

Delegation Decisions

You have sole discretion regarding whether and how much Cryptocurrency will be designated to Validator Nodes (or validator depending on the technical terminology of the specific Blockchain). As is the nature of Blockchain systems, you are in full control of designating Cryptocurrencies and must monitor operations and relevant developments for responsible designation.

4.3

Taxes and Other Legal Obligations

You are responsible for paying any taxes related to your Cryptocurrencies, including but not limited to appreciation in value, capital gains, general income (including those from Validator Rewards), or any other taxable income. You also agree not to use our Services in any illegal manner or to support any illegal activity, and to comply with any other applicable laws or regulations regarding your use of Blockchain and Cryptocurrencies.

4.4

Malicious Behavior

You will not take any actions that may harm our systems or interfere with our ability to provide Services to you or others, except as permitted by these Terms, our systems, or our written or verbal instructions. Any attempt at unauthorized use of our private keys, interference with the functionality of our technical equipment and hardware (e.g., malware or DDoS attacks), or other malicious behavior is strictly prohibited.

4.5

Typical Risk of Blockchains and Cryptocurrencies

Your use of any Blockchain is subject to the risks and limitations associated with that Blockchain, including, but not limited to, fifty-one percent (51%) attacks, slashing, mis-addressed transactions, Sybil attacks, eclipse attacks, compromised private keys, or vulnerabilities at the “core” level. Additionally, your use of any payment method, including, where permitted, any Cryptocurrency, is at your own risk and subject to the terms, conditions, and policies of such payment Services. You agree to hold P2P Staking unaccountable for these types of risks and waive your right to litigate, arbitrate, mediate, or otherwise bring any type of claim against P2P Staking for injuries suffered due to your use of a Blockchain network or Services.

‍PLEASE NOTE: Specific Parts of the Services may be associated with additional risks, which are described in the corresponding terms relating to such Parts of the Services.

4.6

Representations and Warranties

You represent and warrant that:

You have the legal capacity and agree to comply with these Terms of Use;

Entering into this Agreement will not constitute a breach or violation of any other contract or agreement to which you are bound;

You will not use our Services for any illegal or unauthorized purpose, and your use of the Servicesor the Parts of the Services will not violate any applicable law or regulation;

You are at least 18 years of age.

5. Intellectual Property

5.1

Ownership of Intellectual Property

Unless otherwise indicated, the Site, the Services, the Parts of the Services are proprietary property of P2P Staking. All source code, databases, functionality, software, website designs, audio, video, text, photographs, graphics on the Site, and the trademarks, Services marks, and logos contained therein (collectively, the “Content” and “Marks”) are owned or controlled by us or licensed to us and are protected by copyright and trademark laws.

5.2

Use of Open-Source Code and Content

Any code or other property provided as “open-source” is subject to the rights and restrictions outlined in the accompanying license for such code or property. The Content and the Marks are provided on the Site or via our Services or the Parts of the Services “AS IS” for your informational and personal use only. Except as expressly provided in these Terms of Use, no part of the Site, Content, or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose without our express prior written permission.

5.3

Limited Access

Provided that you are eligible to use the Site and Services or the Parts of the Services, you are granted a limited access to access and use the Site and to download or print a copy of any portion of the Content to which you have properly gained access solely for your personal, non-commercial use. We reserve all rights not expressly granted to you in and to the Site, the Services, the Parts of the Services, the Content, and the Marks.

5.4

Feedback and Suggestions

Any questions, comments, suggestions, ideas, feedback, or other content submitted to P2P by you, whether in connection with the Site, the Services, or any Part of the Services (collectively, “Submissions”), shall be deemed non-confidential and shall become the sole and exclusive property of P2P.
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You hereby irrevocably assign all intellectual property rights in such Submissions to P2P and waive any moral rights you may have. You represent and warrant that (a) the Submissions are original to you or that you have full rights to submit them, and (b) your Submissions do not infringe the rights of any third party.
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P2P shall have the unrestricted, perpetual right to use, commercialize, reproduce, disclose, or otherwise exploit such Submissions for any lawful purpose without acknowledgment or compensation to you. You waive any claim or recourse against P2P for any use or alleged misuse of such Submissions.

6. Third Party Websites and Content

6.1

Third-Party Services

The Services may enable access to or interaction with external systems, components, websites, software, smart contracts, or protocols operated by third parties (“Third-Party Services”), whether via links, embedded tools, widgets, APIs, or integrations. P2P does not endorse, monitor, or control any Third-Party Services and shall not be liable for their content, availability, security, or legal compliance. Your interaction with such services is at your sole discretion and risk.

6.2

Disclaimer of Liability

P2P Staking has no control over and assumes no responsibility for the content, privacy policies, or practices of any Third- Party Services. You further acknowledge and agree that P2P Staking shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods, or services available on or through any such websites or services.

For the avoidance of doubt, Third-Party Services include, but are not limited to:

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Any third-party promotions in which you may choose to participate;

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Any services from third-party providers that you choose to use in addition to our Services, including those accessible through our Site;

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For example, MEV technology (hereinafter referred to as “MEV”). MEV INCLUDES, AMONG OTHER THINGS, MEV RELAYS, WHICH OFFER BLOCKS FOR SIGNING. BY USING THIS FEATURE, YOU AUTHORIZE US TO INTERACT WITH MEV RELAYS ON YOUR BEHALF AND ASSUME FULL RESPONSIBILITY FOR THEIR OPERATIONS AND OUTCOMES;

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Any services from Third-Party Smart Contract Providers;

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Any interfaces, software, websites, or protocols provided by any third parties.

6.3

Third-Party Terms and Policies

We strongly advise you to review the terms and conditions and privacy policies of any third-party websites or services that you visit or use.

7. Site and Services Management

We reserve the right, but not the obligation, to:

Monitor the Site and Services for violations of these Terms of Use;

Take appropriate legal action against anyone who, in our sole discretion, violates the law or these Terms of Use, including, without limitation, reporting such users to law enforcement authorities;

In our sole discretion and without limitation, refuse, restrict access to, limit the availability of, or disable any of your Submissions or any portion thereof;

Remove from the Site or otherwise disable all files and content that are excessive in size or are in any way burdensome to our systems;

Otherwise manage the Site and Services in a manner designed to protect our rights and property and to facilitate the proper functioning of the Site and Services.

8. Modifications and Interruptions

8.1

Modifications

We reserve the right to change, modify, or remove the contents of the Site at any time or for any reason, at our sole discretion, without notice. However, we have no obligation to update any information on our Site. We also reserve the right to modify or discontinue the Services or the Parts of the Services without notice at any time. We shall not be liable to you or any third party for any modification, price change, suspension, or discontinuance of the Site or our Services.

8.2

Interruptions

We cannot guarantee that the Site, Services, the Parts of the Services will be available at all times. We may experience hardware, software, or other problems, or need to perform maintenance related to the Site, Services, the Parts of the Services resulting in interruptions, delays, or errors. We reserve the right to change, revise, update, suspend, discontinue, or otherwise modify the Site, Service, the Parts of the Services at any time or for any reason without notice to you. You agree that we shall not be liable for any loss, damage, or inconvenience caused by your inability to access or use the Site, the Service, the Parts of the Services during any downtime or discontinuance.

8.3

No Obligation to Maintain

Nothing in these Terms of Use will be construed to obligate us to maintain and support the Site, the Services, the Parts of the Services or to supply any corrections, updates, or releases in connection therewith.

9. Disclaimer

9.1

"As Is" Provision

THE SITE, SERVICES, THE PARTS OF THE SERVICES ARE PROVIDED “AS IS”, WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

9.2

No Representations or Warranties

We make no warranties or representations about the accuracy or completeness of the Site’s content or the content of any websites linked to the Site, and we assume no liability or responsibility for any:

Errors, mistakes, or inaccuracies of content and materials;

Personal injury or property damage, of any nature whatsoever, resulting from your access to and use of the Site or Services, the Parts of the Services;

Any unauthorized access to or use of our secure servers and/or any and all personal information and/or financial information stored therein;

Any interruption or cessation of transmission to or from the Site or Services, the Parts of the Services;

Any bugs, viruses, Trojan horses, or the like that may be transmitted to or through the Site or Services, the Parts of the Services by any third party; and

Any errors or omissions in any content and materials, or for any loss or damage of any kind incurred as a result of the use of any content posted, transmitted, or otherwise made available via the Site or Services, the Parts of the Services.

WE MAY PREVENT, SUSPEND, OR FULLY TERMINATE, IN OUR SOLE DISCRETION, YOUR ACCESS TO OR USE OF THE SITE AND/OR THE SERVICES, THE PARTS OF THE SERVICES OR ANY PORTIONS THEREOF AT ANY TIME AS WE MAY DEEM REASONABLE, INCLUDING, BUT NOT LIMITED TO, IF YOU DO NOT COMPLY WITH THESE TERMS OF USE OR ANY APPLICABLE LAWS AND/OR REGULATIONS.

10. Miscellaneous

10.1

Entire Agreement

These Terms of Use and any policies or operating rules posted by us on the Site or in respect to the Site constitute the entire agreement and understanding between you and us. Our failure to exercise or enforce any right or provision of these Terms of Use shall not operate as a waiver of such right or provision.

10.2

Assignment

These Terms of Use operate to the fullest extent permissible by law. We may assign any or all of our rights and obligations to others at any time.

10.3

Severability

If any provision or part of a provision of these Terms of Use is determined to be unlawful, void, or unenforceable, that provision or part of the provision is deemed severable from these Terms of Use and does not affect the validity and enforceability of any remaining provisions.

10.4

No Agency Relationship

There is no joint venture, partnership, employment, or agency relationship created between you and us as a result of these Terms of Use or use of the Site or Services, the Parts of the Services.

10.5

No Construction Against Drafting Party

You agree that these Terms of Use will not be construed against us by virtue of having drafted them. You hereby waive any and all defenses you may have based on the electronic form of these Terms of Use and the lack of signing by the parties hereto to execute these Terms of Use.

11. Platform

11.1

Platform Access and Functionality

On the Site, you will be able to log in to the Platform (hereinafter referred to as the “Platform”), which combines some of the Services or the Parts of the Services presented on the Site and allows you to interactively view staking data, such as the number of tokens in staking and other parameters. The Platform is not any kind of investment instrument; it only has convenience functions. The Platform is also, in a legal sense, part of the Site and Service or the Parts of the Services. You and we have the same rights and obligations when using the Platform as when using the Site.

11.2

Data Accuracy and Calculations

All data presented on the Platform, whether in the form of words, numbers, graphics, or other forms, is interactive only and may not reflect the actual situation in the Blockchain. The same applies to any calculations, conclusions, comparisons, and other information indicators—all of them were obtained taking into account a certain methodology and may not correspond to results calculated using other methods. We also cannot rule out a technical error in the display and/or calculations. To obtain accurate data, you should always verify information directly with Blockchain data. You hereby waive any rights or claims related to any information in any form on the Platform.

11.3

Account Security

You undertake not to share your login and password for the Platform with anyone and also not to allow authorization on the Platform on your behalf. This may lead to both the disclosure of data about the Service / the Parts of the Services provided to you and actions on the Platform performed on your behalf.

11.4

Restricted Access

Certain parts of the Platform may only be accessible subject to additional authorization or verification by us, and you may not use such parts of the Platform without such additional authorization or verification.

12. Representations and Warranties Regarding Sanctions

You represent and warrant that, at each moment of usage of the Service or the Parts of the Services, the Site, the following are not subject to any sanctions administered or imposed by any regulatory or governmental authority, including but not limited to sanctions imposed by:

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His Majesty’s Treasury;

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The U.S. Government, including the Office of Foreign Assets Control (OFAC) of the U.S. Department of the Treasury;

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The U.S. Department of Commerce;

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The U.S. Department of State;

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The United Nations Security Council;

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European Union Authorities; or

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Any other authority with relevant jurisdiction.

For natural persons, this representation extends to you, any cryptocurrency wallet, any address on any Blockchain network, or any smart contract or other technology owned or controlled by you. For entities, it extends to you, any of your affiliates, branches, subsidiaries, and any cryptocurrency wallet, any address on any Blockchain network, or any smart contract or other technology owned or controlled by you, your affiliates, branches, or subsidiaries.

‍For both natural persons and entities, it further extends to any legal entity in which you are involved (including, but not limited to, as a director, beneficiary, member of any governing body, contractor, or employee), as well as any cryptocurrency wallet, any address on any Blockchain network, or any smart contract or other technology owned or controlled by such legal entities.

You represent and warrant regarding the following territories: Afghanistan, Belarus, Bosnia & Herzegovina, the Central African Republic, Cuba, DRC (Congo), Haiti, Iran, Iraq, Lebanon, Libya, Mali, Myanmar (Burma), Nicaragua, North Korea, Russia, Somalia, South Sudan, Sudan, Syria, Venezuela, Yemen, and regions of Ukraine (Luhansk and Donetsk regions, Crimea, Zaporizhia, and Kherson regions).

If you are a natural person, you represent and warrant that you neither hold residency nor have any presence in the aforementioned territories.

If you are an entity, you represent and warrant that the legal entity does not have residency, incorporation, or maintain any affiliates, branches, subsidiaries, or any other form of presence in the aforementioned territories. Additionally, none of the User’s directors, beneficiaries, members of any governing body, contractors, or employees are residents or incorporated in the listed territories.

In relation to both natural persons and entities, you also represent and warrant that any company or entity in which you are involved (including, but not limited to, as a director, beneficiary, member of any governing body, contractor, or employee) does not have any residency or presence in the aforementioned regions.

If you are unable to provide the representations and warranties specified in this Section, you are not entitled to use the Service, the Parts of the Services, the Site.

13. LIMITATION OF LIABILITY AND RELEASE

TO THE FULLEST EXTENT NOT PROHIBITED BY APPLICABLE LAW, IN NO EVENT SHALL P2P, ANY P2P PARTIES, OR ANY OF THEIR AFFILIATED PARTIES BE LIABLE FOR LOSS OF PROFITS OR FOR ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, EXEMPLARY, PUNITIVE, CONSEQUENTIAL, OR OTHER LOSS OF ANY KIND—INCLUDING, BUT NOT LIMITED TO, ANY LOSS RELATED TO REVENUE, INCOME OR PROFIT; LOSS OF USE OR LOSS OF DATA; LOSS OF PRODUCTION; LOSS OF CONTRACT; LOSS OF COMMERCIAL OPPORTUNITY; LOSS OF SAVINGS, DISCOUNTS, OR REBATES (WHETHER ACTUAL OR ANTICIPATED); HARM TO REPUTATION OR LOSS OF GOODWILL; LOSS OF BUSINESS; OR LOSS DUE TO BUSINESS INTERRUPTION ARISING OUT OF OR IN ANY WAY RELATED TO OR ARISING FROM THE USE OF THE SERVICES, THE PARTS OF THE SERVICES, THE SITE OR ANY OTHER ASPECT OF THESE TERMS OF USE, INCLUDING, WITHOUT LIMITATION, ANY SLASHING EVENTS OR ISSUES WITH UPTIME, AIRDROP ACTIVITIES, REGARDLESS OF THE FORM OR CAUSE OF ACTION, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY, OR ANY OTHER LEGAL OR EQUITABLE THEORY (EVEN IF P2P OR ANY OF THE AFFILIATED PARTIES HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND EVEN IF SUCH LOSS WAS FORESEEABLE).

WITHOUT LIMITING THE FOREGOING, THE USER ACKNOWLEDGES AND AGREES THAT IT USES THE TRANSACTION PREPARATION SERVICES AT ITS OWN RISK.
P2P SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGE, OR ADVERSE CONSEQUENCES ARISING OUT OF OR IN CONNECTION WITH THE SIGNING, SUBMISSION, OR EXECUTION OF ANY TRANSACTION GENERATED THROUGH THE TRANSACTION PREPARATION SERVICES, INCLUDING ANY LOSS RESULTING FROM ANY MALFUNCTION, COMPROMISE, ERROR, OR UNAUTHORIZED INTERFERENCE WITH P2P’S INFRASTRUCTURE, EXCEPT TO THE EXTENT SUCH LIABILITY CANNOT BE EXCLUDED UNDERAPPLICABLELAW.

IN NO EVENT SHALL THE AGGREGATE LIABILITY OF P2P AND ANY P2P PARTIES (COLLECTIVELY) FOR ANY LOSS ARISING OUT OF OR RELATING TO THESE TERMS EXCEED THE LESSER OF (I) THE AMOUNT OF P2P FEES RECEIVED FROM YOU FOR THE SERVICES OVER THE LAST CALENDAR MONTH, OR (II) USD 100, UNLESS OTHERWISE REQUIRED BY APPLICABLE LAW.
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AS THE SOLE AND EXCLUSIVE REMEDY AVAILABLE TO YOU, AND THE ONLY MEANS OF COMPENSATION WITHIN THE LIMITATIONS SET FORTH IN THIS CLAUSE:

P2P WILL ADJUST THE P2P FEE ON THE REMAINING VALIDATORS THAT YOU HAVE STAKED UNDER ANY AGREEMENT WITH P2P TO ENSURE COMPENSATION IS PROVIDED IN THE NEAREST FOLLOWING RECALCULATION PERIOD. PROVIDED, HOWEVER, THAT IF THE ADJUSTED P2P FEE BECOMES LESS THAN ZERO (0), THEN THE P2P FEE FOR THE NEAREST FOLLOWING COMPENSATION PERIOD SHALL BE SET AT ZERO (0), NO ADDITIONAL COMPENSATION SHALL BE MADE, AND THE LIMITATIONS OF THIS CLAUSE SHALL BE DEEMED LOWERED ACCORDINGLY; AND

IF NO VALIDATORS ARE AVAILABLE TO ENABLE THE ADJUSTMENT OF SERVICE FEES AS SET FORTH ABOVE OR IF YOU DO NOT HAVE THE CORRESPONDING AGREEMENT, THEN ANY COMPENSATION UP TO THE LIMITS ESTABLISHED IN THIS CLAUSE SHALL BE PAID TO YOU WITHIN NINETY (90) BUSINESS DAYS, PROVIDED THAT YOU SUCCESSFULLY COMPLETE THE REQUIRED KYC/AML PROCEDURES AS REQUESTED BY P2P AND IN ACCORDANCE WITH ALL APPLICABLE LAWS AND REGULATIONS.

THE LIMITATIONS SET FORTH IN THIS CLAUSE SHALL NOT LIMIT OR EXCLUDE LIABILITY FOR FRAUD OR WILLFUL MISCONDUCT ON THE PART OF P2P.

FURTHERMORE, P2P AND ANY P2P PARTIES SHALL NOT BE LIABLE OR DEEMED TO HAVE DEFAULTED OR BREACHED THESE TERMS FOR ANY FAILURE OR DELAY IN PERFORMING ANY TERM OF THESE TERMS, WHEN SUCH FAILURE OR DELAY IS CAUSED BY OR RESULTS FROM EVENTS BEYOND THE REASONABLE CONTROL OF P2P OR ANY P2P PARTIES, INCLUDING, WITHOUT LIMITATION:

ACTS OF GOD;

FLOOD, FIRE, EARTHQUAKE, OR EXPLOSION;

III

WAR, INVASION, HOSTILITIES (WHETHER WAR IS DECLARED OR NOT), TERRORIST THREATS OR ACTS, OR OTHER CIVIL UNREST;

PANDEMICS;

ANY ATTACKS, ERRORS, OR DIFFICULTIES IN BLOCKCHAIN TECHNOLOGIES OR RELATED SOFTWARE; OR

ANY LAWS, RULES, OR REGULATIONS.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU RELEASE P2P AND P2P PARTIES FROM RESPONSIBILITY, LIABILITY, CLAIMS, DEMANDS, AND/OR DAMAGES (ACTUAL AND CONSEQUENTIAL) OF EVERY KIND AND NATURE, KNOWN AND UNKNOWN (INCLUDING, BUT NOT LIMITED TO, CLAIMS OF NEGLIGENCE), ARISING OUT OF OR RELATED TO DISPUTES BETWEEN YOU AND OTHER USERS OF THE SERVICES AND THE ACTS OR OMISSIONS OF ANY THIRD PARTIES. YOU EXPRESSLY WAIVE ANY RIGHTS YOU MAY HAVE UNDER ANY APPLICABLE LAW AS WELL AS ANY OTHER STATUTE OR COMMON LAW PRINCIPLES THAT WOULD OTHERWISE LIMIT THE COVERAGE OF THIS RELEASE TO INCLUDE ONLY THOSE CLAIMS THAT YOU MAY KNOW OR SUSPECT TO EXIST IN YOUR FAVOR AT THE TIME OF AGREEING TO THIS RELEASE.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE TO WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, COLLECTIVE PROCEEDING, OR REPRESENTATIVE ACTION AGAINST P2P OR ANY P2P PARTIES.

IN THE EVENT OF A CONFLICT BETWEEN THESE TERMS AND ANY OTHER PROVISIONS OF ANY DOCUMENT OR ANY STATEMENT OF ANY THIRD PARTY (INCLUDING THIRD PARTY SMART CONTRACT PROVIDER(S)), THE PROVISIONS OF THESE TERMS OF USE WILL GOVERN.
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YOU WAIVE RELIANCE ON ANY THIRD- PARTY PROVISIONS OR STATEMENTS IN ANY DISPUTE OR PROCEEDING IN THE EVENT OF THE CONFLICT.

14. Indemnification

You agree to indemnify, defend, and hold harmless P2P, its Affiliates, officers, directors, employees, agents, and service providers from and against any and all claims, demands, actions, suits, proceedings, losses, liabilities, damages, costs, and expenses (including reasonable attorneys’ fees) arising out of or related to:

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Any violation of these Terms of Use by you;

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Any breach of the representations and warranties provided by you in these Terms of Use.

This indemnification obligation applies to any and all claims brought by third parties, including individuals, organizations, or regulatory authorities, in connection with the above, and includes covering all losses or damages sustained by P2P as a result of such claims.

15. Disclaimer of Professional Advice and Fiduciary Duties

All information provided by P2P, including on the Site, is for informational purposes only and is not, and should not be construed as, legal, financial, tax, or any other specialized or expert advice upon which you might depend to your detriment, thereby causing liability for P2P. In using the Service, you represent and warrant that you have either sought independent professional advice from an expert qualified to provide such counsel or that you possess sufficient knowledge and sophistication to evaluate the risks and merits associated with the Services.

You further represent and warrant that you understand that any recommendations or commentary made by P2P, its employees, or other users are general in nature, and that you should use your own judgment or seek expert advice before taking any action regardless of such statements.

These Terms are not intended to, and do not, create or impose any fiduciary duties on P2P. To the fullest extent permitted by law, you acknowledge and agree that P2P owes no fiduciary duties or liabilities to you or any other party, and that any such duties or liabilities are hereby irrevocably disclaimed, waived, and eliminated.

16. Governing Law and Dispute Resolution

ALL MATTERS REGARDING THE SERVICE AND ITS EXECUTION, INCLUDING ANY DISPUTES OR CLAIMS ARISING FROM OR RELATED TO THESE TERMS OF USE, SHALL BE GOVERNED BY AND RESOLVED IN ACCORDANCE WITH THE LAWS OF THE CAYMAN ISLANDS.

ANY DISPUTE, CONTROVERSY, OR CLAIM REGARDING THE SERVICE AND ITS EXECUTION, INCLUDING ANY DISPUTES OR CLAIMS ARISING FROM OR RELATED TO THESE TERMS, SHALL BE EXCLUSIVELY RESOLVED IN THE JURISDICTION OF THE GRAND COURT OF THE CAYMAN ISLANDS. YOU AGREE THAT YOU ARE SUBJECT TO THE JURISDICTION OF SUCH COURT AND SHALL NOT BRING CLAIMS OR DISPUTES IN ANY OTHER COURT OR JURISDICTION.

At P2P’s option, any dispute may be resolved by confidential, binding arbitration seated in the Cayman Islands and conducted in the English language in accordance with the Commercial Arbitration Rules of the American Arbitration Association (the “Rules”). The arbitrator shall be appointed in accordance with the procedures set out in the Rules. The arbitrator’s award or decision shall be final and binding upon the parties, and the parties expressly waive any right to appeal or otherwise challenge the arbitrator’s award, ruling, or decision.

The judgment of any award or decision may be entered in any court having competent jurisdiction to the extent necessary. If P2P elects to have a dispute resolved by arbitration pursuant to this Section, no party shall (or permit its representatives to) commence, continue, or pursue any dispute in any court. However, P2P shall be entitled to obtain injunctive relief to prevent breaches of this provision and to specifically enforce its terms and provisions, in addition to any other remedy to which P2P is entitled at law or in equity.

In no event shall any claim, action, or proceeding brought by either Party related in any way to the Site or Services be commenced more than 1 (one) year after the cause of action arose, or, if different, when knowledge of the cause of action should have been reasonably obtained by the infringed-upon party; for the purposes of these Terms, knowledge of information on a Blockchain is considered to have been reasonably obtained when it is included in a block that is accepted by the requisite number of validators necessary to be considered consensus according to the customs and technical conditions of that Blockchain.

17. Interpretations

For the purposes of these Terms of Use, the following interpretations shall apply:

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The terms “User,” “Affiliate,” “branch,” “subsidiary,” “director,” “beneficiary”, “member of any governing body,” “entity,” “person,” “contractor,” and “employee” shall be construed to include any collection of natural persons or any group of individuals (such as partnerships, DAOs, or any other collective of individuals recognized as having legal capacity under applicable law). This definition shall be interpreted in the broadest sense permissible under any applicable law and shall include all relevant legal interpretations within the applicable jurisdiction.

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The terms “residency” and “presence” shall be understood in both tax and any other legal context, including, without limitation, any granted right of residence for natural persons and any granted right to conduct economic activities for legal entities.

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The term “other technology” shall be understood as any technical development, whether it exists in the real world or online, that may be subject to sanctions under relevant law.

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The term “Affiliate” means any company which, at any given time, is the User’s subsidiary or holding company, or a subsidiary of such holding company, as defined under applicable laws of the relevant jurisdiction.

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“P2P Parties” means any other company authorized by P2P.

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Any terms and definitions used in the singular include the plural, and any terms and definitions used in the plural include the singular.

18. Additional Warranties and Representations About Airdrops

BY UTILIZING THIRD-PARTY SERVICES, YOU MAY BECOME ELIGIBLE TO RECEIVE AIRDROPS. AN AIRDROP MAY RESULT IN THE ALLOCATION OF TOKENS OR POINTS TO YOU AND MAY INVOLVE THE FOLLOWING ACTIONS (COLLECTIVELY, "AIRDROP ACTIVITIES"; IN THE SINGULAR, "AIRDROP ACTIVITY"):

ISSUANCE – The technological initiation of tokens or points into existence.

ACCRUAL – The determination and acknowledgment that specific tokens or points belong to a particular recipient.

DISTRIBUTION – The transfer of tokens or points to a designated recipient through a chain of smart contracts or by facilitating a claim process.

CONVERSION – The transformation of points into tokens.

UNLESS EXPRESSLY STATED OTHERWISE, P2P DOES NOT PARTICIPATE IN ANY MANNER IN AIRDROP ACTIVITIES, INCLUDING BY VOTING OR ENGAGING IN ANY INDIRECT FORM OF PARTICIPATION. IN THE EVENT THAT P2P, IN ITS CAPACITY AS AN OPERATOR, IS INVITED OR REQUESTED TO TAKE PART IN ANY AIRDROP ACTIVITY, P2P RESERVES THE RIGHT TO REFUSE SUCH PARTICIPATION AT ITS SOLE DISCRETION, REGARDLESS OF WHETHER SUCH REFUSAL CREATES TECHNOLOGICAL DIFFICULTIES OR RENDERS THE EXECUTION OF AN AIRDROP ACTIVITY IMPRACTICAL OR IMPOSSIBLE. YOU ACKNOWLEDGE AND AGREE THAT, IN ALL INSTANCES, YOU BEAR THE SOLE RESPONSIBILITY FOR ANY FAILURE OR INABILITY TO PERFORM AN AIRDROP ACTIVITY IN THE ABSENCE OF P2P’S DIRECT OR INDIRECT PARTICIPATION. BY ACCEPTING THESE TERMS, YOU IRREVOCABLY WAIVE ANY AND ALL CLAIMS AGAINST P2P AND ITS AFFILIATES IN CONNECTION WITH THE EXECUTION, NON-EXECUTION, OR PARTICIPATION—WHETHER DIRECT OR INDIRECT—OF ANY AIRDROP ACTIVITY. THE RESPONSIBILITY FOR ALL AIRDROP ACTIVITIES REMAINS EXCLUSIVELY WITH THE THIRD PARTIES YOU ENGAGE, INCLUDING THIRD-PARTY SMART CONTRACT PROVIDERS, INCLUDING THE AIRDROP ISSUER. P2P EXPRESSLY DISCLAIMS ANY INVOLVEMENT, RESPONSIBILITY, OR LIABILITY IN CONNECTION WITH SUCH ACTIVITIES.

NOTWITHSTANDING THE FOREGOING, YOU ACKNOWLEDGE THAT ANY AIRDROP, IRRESPECTIVE OF WHETHER P2P PARTICIPATES IN AIRDROP ACTIVITIES, MAY BE SUBJECT TO FEES IMPOSED BY P2P AS CONSIDERATION FOR THE SERVICE. ANY SUCH FEES WILL BE COMMUNICATED THROUGH AMENDMENTS TO THESE TERMS OF USE OR TO OTHER TERMS RELATING TO THE PARTS OF THE SERVICES.

FOR THE AVOIDANCE OF DOUBT, THE FOLLOWING CRITERIA WILL BE APPLIED TO DISTINGUISH BETWEEN VALIDATOR REWARDS (OR OTHER REWARDS APPLICABLE TO THE PARTS OF THE SERVICES) AND AIRDROPS (AND OTHER TYPES OF PAYMENTS, REGARDLESS OF THEIR TITLES):

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ECONOMIC AND/OR TECHNOLOGICAL RELATIONSHIP WITH THE VALIDATION PROCESS OR ANY OTHER PROCESS APPLICABLE TO THE CORRESPONDING PARTS OF THE SERVICES;

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ACCRUAL FOR ANY PERSON OR ENTITY OTHER THAN THE USER;

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MARKETING OR INCENTIVE NATURE OF PAYMENTS;

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ADDITIONAL NATURE OF PAYMENTS TO ALREADY EXISTING ONES;

ALL OF THE ABOVE CRITERIA WILL BE CONSIDERED IN THEIR ENTIRETY. IF THE FIRST CRITERION IS STRONGER AND THE SECOND, (OR) THIRD, AND (OR) THE FOURTH CRITERIA ARE WEAKER, PAYMENTS SHALL BE CONSIDERED AS VALIDATOR REWARDS OR OTHER REWARDS APPLICABLE TO THE CORRESPONDING PARTS OF THE SERVICES, AND VICE VERSA. IN ALL DISPUTES, P2P RESERVES THE FINAL DECISION AS TO DETERMINING THE NATURE OF THE PAYMENT. YOU IRREVOCABLY WAIVE ANY AND ALL CLAIMS AGAINST P2P AND ITS AFFILIATES IN CONNECTION WITH SUCH DECISION. HOWEVER, IF ANY DOCUMENTATION OF THE ISSUER OF A TOKEN OR POINT IS DESCRIBED AS AN AIRDROP, IN ANY CASE, SUCH POINT OR TOKEN IS CONSIDERED AN AIRDROP.

19. Non-Custodial Services

Neither P2P holds, manages, nor knows your private keys, seed phrases, or passwords. All your digital assets, seed phrases, and private keys required to access and operate them remain under your complete control and disposition. P2P provides non-custodial services only. You are solely responsible for ensuring that your seed phrase, password, data, and any other information used by you to access the Service are kept secure and confidential. All operations regarding digital assets are performed solely by you, and P2P assumes no liability for any reason whatsoever related to such operations.

20. KYC/AML and Document Requests

P2P may request from you any documents and information necessary for KYC/AML or “KYB” when deemed necessary. Due diligence and KYC/AML requirements, as determined by P2P, may include, without limitation, checking the information you provide against any list issued by any governmental or international authority prohibiting or limiting business activities or transactions with any persons. You may be required to provide P2P with certain personal information, including but not limited to your name, email address, mobile phone data, passport, ID or other government-issued identification, digital wallet address, residency, date of birth, physical address, bank account information, payment card (debit/credit) information, documents regarding sources of funds, and any other information and/or documents required to use the Services.

You hereby authorize P2P, directly or through a third party, to make any inquiries P2P deems necessary to verify your identity, residency, source of funds, or to protect against fraud, including but not limited to:

Querying identity information contained in public records (e.g., your name, address, past addresses, or date of birth);

Querying account information associated with your bank account/card (e.g., name or account balance); and

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Taking any action P2P reasonably deems necessary based on the results of such inquiries and reports.

You further authorize all third parties to which such inquiries or requests may be directed to fully respond to such inquiries or requests. P2P shall have no liability or responsibility for any permanent or temporary inability to access or use any Services, the Parts of the Services as a result of any identity verification or other screening procedures.

Terms of Use

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