Disclaimer
Risk Disclosure & Disclaimer
Applies to: PrimeStaking smart contracts, interfaces, and related documentation operated by Prime Numbers Labs (or its affiliates) ("PrimeStaking", "we", "us", "our").
Summary: Using blockchain protocols is risky. You can lose some or all of your assets. Smart contracts may have bugs or be exploited. Network conditions, third-party services, markets, or protocol updates can change outcomes. There are no guaranteed returns. Proceed only if you understand and accept these risks.
1. No Warranties; As-Is
PrimeStaking and all related smart contracts, interfaces, tokens (including psXDC), NFTs, rewards, and documentation are provided "as is" and "as available" without warranties of any kind. To the maximum extent permitted by law, we disclaim all warranties.
2. Smart Contract & Security Risks
Interacting with smart contracts involves risks including bugs, design flaws, upgrade errors, dependency failures, and economic attacks. Even audited contracts do not guarantee absence of vulnerabilities. You may lose funds due to exploits or unexpected behavior.
3. Network & Validator Risks
Rewards and redemptions depend on third-party networks (e.g., XDC Network). Network halts, forks, validator downtime, or congestion can reduce yields, delay withdrawal processing (~31 days average), or impair liquidity.
4. Derivative & Peg Risks
psXDC may trade below, at, or above its intended reference value and may not be redeemable immediately. A 1:1 mint ratio does not guarantee a 1:1 market value.
5. Smart Contract Custody
Validator key management and staked assets are managed by on-chain smart contracts. While these contracts are audited, they may contain undiscovered vulnerabilities. We do not guarantee the absence of bugs or exploits in custody contracts.
6. Variable Rewards
Any APY, multiplier, or reward figure is illustrative only, subject to change, and not guaranteed. Rewards can fluctuate to zero. Historical performance does not indicate future results.
7. User Responsibilities
You are solely responsible for private keys, wallet security, address accuracy, transaction review, and understanding contract addresses.
8. Regulatory & Tax
You are responsible for complying with applicable laws, including sanctions, AML/CTF, and tax reporting. Access may be restricted in certain jurisdictions.
9. No Investment Advice
Nothing herein constitutes financial, investment, legal, or tax advice.
10. Limitation of Liability
To the maximum extent permitted by law, we are not liable for any indirect, incidental, special, consequential, or punitive damages, or for lost profits, data, or assets.
11. Indemnity
You agree to indemnify and hold harmless PrimeStaking and its contributors from claims arising from your use or violation of these terms.
Binding by Use: By connecting a wallet, interacting with our interfaces, staking PRFI or XDC (including receiving psXDC or staking via NFTs), or otherwise using PrimeStaking, you acknowledge and accept this Risk Disclosure & Disclaimer.
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