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- Cryptouniverse Savings Services Agreement
Cryptouniverse Savings Services Agreement
ADDITIONAL TERMS OF SERVICE:
Cryptouniverse Savings Services Agreement
This is a current version of Cryptouniverse Miner Services agreement(hereinafter referred to as "Agreement").This Agreement was last updated on March 02, 2021.
This Agreement is an integral part of the Customer Agreement ("Terms"). Capitalized terms (used but not defined in these Agreement) shall have the meanings assigned to them in the Terms.
This Agreement is made and entered into by and between Cryptouniverse and the entity or person agreeing to these terms (“Customer”).
This Agreement is effective as of the date that the Customer clicks to accept the Agreement (the “Effective Date”). If you are accepting on behalf of the Customer, you represent and warrant that: (i) you have full legal authority to bind the Customer to this Agreement; (ii) you have read and understood this Agreement; and (iii) you agree to this Agreement on behalf of the Customer. If you do not have the legal authority to bind the Customer, please do not click to accept.
This Agreement governs the Customer’s access to and use of the computing power for Hashing based on Dedicated Server offered by Cryptouniverse located in the physical infrastructure of Cryptouniverse (“Services”). Use of the Service is carried out remotely. Customer accepts and pays Cryptouniverse for Services. You may contact Cryptouniverse for more information and an offline version of this Agreement at: [email protected]
1. SAVINGS SERVICES
1.1. The Savings Service may be made available by Cryptouniverse to users that fulfill the eligibility criteria in the Terms of Service. By using the Savings Service, you agree that you have read, understand, and accept all the terms in these Terms of Service. You further agree and understand to be bound by these Terms and by the terms applicable to that Savings Service, if any
1.2. When you buy or hold one of the Digital Assets eligible for savings (the “Supported Coins”), you are consenting to such Supported Coins being staked in part or in their entirety by Cryptouniverse, or a third party on behalf of Cryptouniverse, at the sole discretion of Cryptouniverse (the “Savings Service”). Please refer to your Cryptouniverse Account for further information regarding the Savings Service.
1.3. In order to use the Savings Service, you must opt-in by selecting the Supported Coins to save from your Cryptouniverse Account. By opting-in a portion or your entire balance of Supported Coins, we shall remit to you the applicable percentage of savings rewards attributable to your saved Supported Coins (“Savings Rewards”) as detailed in your Cryptouniverse Account. The percentage and timing of such remittances will: (a) be determined by Cryptouniverse at its sole discretion; (b) be subject to the Cryptouniverse savings fee; (c) vary by the Supported Protocol; and (d) be further detailed in your Cryptouniverse Account.
1.4. You agree and understand that Cryptouniverse does not guarantee that you will receive Savings Rewards and that the applicable percentage of Savings Rewards (a) is an estimate only and not guaranteed, (b) may change at any time at the sole discretion of Cryptouniverse, and (c) may be more or less than the actual Savings Rewards Cryptouniverse receives from the Supported Protocol.
1.5. A determination by the Supported Protocol that the Savings Service has been erroneously operated may result in a “slashing penalty” and non-payment of the specified Savings Rewards. Cryptouniverse agrees to compensate you for any slashing penalties to the extent that such penalties are not a result of (a) your acts or omissions, (b) Supported Protocol maintenance, bugs, or errors, (c) acts by a hacker or other malicious actor, or (d) Force Majeure Events.
1.6. While Cryptouniverse employs measures to ensure that the Savings Services are accessible 24 hours a day, 7 days a week, Cryptouniverse cannot guarantee the uninterrupted or error-free operation of the Savings Services or that Cryptouniverse will correct all defects or prevent third-party disruptions or unauthorized third-party access. In the event of such disruptions, any saved Supported Coins may not be generating the Savings Rewards.