Legal Notice
Terms of Service
Effective Date: 2024-01-01 | Rivo Protocol
Article 1 (Purpose)
These Terms govern the rights, obligations, responsibilities, and conditions of use between Rivo Protocol (the "Company") and users in connection with the digital asset staking platform operated by the Company (the "Service").
Article 2 (Definitions)
- "Service" means the digital asset staking services and any related services provided by the Company.
- "User" means a person who agrees to these Terms and completes the sign-up procedure specified by the Company.
- "Deposited Asset" means any cryptocurrency deposited to an address designated by the Company for staking.
- "Estimated Return" means the estimated reward rate calculated based on network conditions and the selected deposit term.
- "Valuation" means the value of a deposited asset calculated using its market price.
Article 3 (Effect and Amendment of the Terms)
These Terms take effect when posted on the Service or otherwise announced. The Company may amend these Terms to the extent permitted by applicable law and will provide notice through the Service at least 7 days before the effective date.
Article 4 (Registration and Account Management)
Users must apply for membership using the form provided by the Company. Access may be restricted if false information is submitted or if the user does not meet the required eligibility conditions.
Article 5 (Provision of the Service)
The Company provides a service that allows users to deposit supported cryptocurrencies and receive rewards at maturity. Estimated returns may vary depending on the asset and deposit term selected.
Article 6 (Asset Deposit and Confirmation)
After submitting a staking application, users must transfer assets using the deposit address and network designated by the Company. If the deposit is not confirmed within the required timeframe, the application may be canceled.
Article 7 (User Obligations)
Users must have the lawful right to use the deposited assets and must not submit false information, impersonate others, or misuse the Service.
Article 8 (Unstaking and Asset Return)
After the deposit term ends, asset return or redeposit is processed according to the Company's operating procedures and each chain's unbonding period. The actual withdrawal date may vary depending on network policy.
Article 9 (Disclaimer)
The Company is not liable for losses arising from digital asset price volatility, changes in network policy, validator operation issues, or causes attributable to the user.
Article 10 (Dispute Resolution)
Any dispute arising from the use of the Service shall be subject to the exclusive jurisdiction of the court having authority over the location of the Company's head office, and the laws of the Republic of Korea shall apply.
These Terms take effect on 2024-01-01.
Rivo Protocol
