Staking Terms & Conditions

Last Updated: May 8, 2025

These Staking Terms and Conditions (“Staking Terms”) govern your participation in the staking programs provided by HugeOne Ltd. (“HugeOne”, “we”, “our”, or “us”) through HugeOne.io (the “Platform”). By staking $HUGE or any other supported tokens via our platform, you agree to be bound by these Staking Terms in addition to our Terms and Conditions, Privacy Policy, and KYC/AML Policy.

1. Definitions

Staking: Locking eligible tokens in a smart contract to earn rewards or gain access to platform features.

Rewards: Incentives, either in $HUGE or other tokens, distributed to participants based on their staking contribution and duration.

Lock-up Period: The defined timeframe during which staked tokens cannot be withdrawn or transferred.

Smart Contract: Blockchain-based code that automates staking, rewards, and fund locking.

2. Eligibility

To participate in staking, you must:

Be at least 18 years old.

Own a non-custodial crypto wallet.

Pass all applicable KYC/AML checks (if staking threshold requires it).

Not reside in a restricted jurisdiction or appear on any sanctions list.

3. How Staking Works

Users connect a compatible wallet and lock $HUGE tokens via a staking smart contract.

The staking pool is non-custodial: tokens remain in user-controlled wallets but are locked by smart contract logic.

Rewards are distributed periodically (e.g., daily, weekly) based on:

Amount staked

Duration of staking

Participation in other platform activities

Note: The staking APY may fluctuate based on platform performance, token supply, and ecosystem dynamics.

4. Lock-up & Unstaking

Some staking programs may impose a mandatory lock-up period (e.g., 30, 60, 90 days).

During the lock-up:

You cannot withdraw or transfer the staked tokens.

You may not be eligible for emergency withdrawals.

After the lock-up ends, users can unstake their tokens anytime unless restricted by smart contract conditions.

5. Early Withdrawal Policy

If a staking program allows early withdrawal:

You may forfeit part or all of the rewards.

A penalty (e.g., burn, redistribution to pool) may apply.

Terms will be clearly stated prior to staking initiation.

6. Reward Distribution

Rewards are distributed automatically by smart contract at set intervals.

Distribution may be paused or adjusted in case of:

Platform maintenance or upgrades

On-chain congestion or failures

Economic adjustments or inflation caps

HugeOne is not liable for delays due to blockchain limitations or force majeure events.

7. Risks and Disclaimers

By staking, you acknowledge the following risks:

Smart contract vulnerabilities: Despite audits, unforeseen bugs or exploits may result in loss of funds.

Token volatility: The value of $HUGE or other reward tokens may fluctuate dramatically.

Gas fees: You are responsible for all network transaction (gas) costs.

No guaranteed returns: All reward percentages are indicative and not fixed or guaranteed.

You accept that you are participating at your own risk and have conducted your own due diligence.

8. Taxes

You are solely responsible for reporting and paying any taxes applicable to your staking rewards or capital gains.

HugeOne does not provide tax advice.

Consult your local tax authority or advisor for reporting obligations in your jurisdiction.

9. Suspension & Termination

We reserve the right to suspend or modify staking programs:

In response to regulatory changes

To improve platform stability

In case of suspected abuse, fraud, or technical issues

We may terminate your staking privileges if you:

Violate these or general platform terms

Use bots or scripts to exploit staking mechanisms

Attempt to reverse-engineer or interfere with smart contract logic

10. Limitation of Liability

To the fullest extent permitted by law, HugeOne is not liable for:

Losses from token price volatility

Errors in staking transactions

Delays in reward distribution

Gas fee fluctuations

Security risks in user-managed wallets

11. Amendments

HugeOne reserves the right to update these Staking Terms. Any changes will be communicated via the platform or email. Continued participation after changes implies acceptance.

12. Contact Us

If you have questions about these Terms, contact us at:

📧 legal@hugeone.io

🌐 https://hugeone.io