1.1 The PoS Saving Project is the POW+POS Mining-Pool services provided by the CITEX platform and users may participate in the service of Staking holding with interests through one click by holding the corresponding coins.
2.1 Upon participation in the Mining-Pool Project, the system will start to calculate earnings upon T+1. For example, if you deposit Token in CITEX today, earnings will be generated from tomorrow〜the day after tomorrow.
2.2 When coins participating in the Mining-Pool Project begins to generate income, it cannot be withdrawn, but can be traded and deposit as usual. The withdrawal will be available in 48 hours after quiting the Mining-Pool Project. Coins.
2.3 After participating the PoS Saving Project , users may gain additional accelerated earnings by holding CTT (including CTT quantity in staking + crypto-crypto account quantity+ frozen CTT in crypto-crypto account + frozen CTT in Daily Earning Project+ CTT in game account).
2.4 The earnings will be distributed the next day after the earnings is generated. The quantity of coins held will be randomly snapshot every day and the calculation is based on the lowest quantity held in the daily snapshots.
3.1 During the participation, users are allowed to trade any time but are forbidden to withdraw coins.
3.2 The final earnings shall be the earnings actually credited into account. Earnings are subject to fluctuations due to various uncontrollable factors.
- Risk Information
4.1 Policy risk: The normal trading of digital currencies may be affected by changes in micro policies, laws, regulations and policies in some countries, which in turn results in losses to users.
4.2 Compliance risk: During the trading of digital currencies, risks resulting from users’ violation of national laws and regulations shall be borne by users themselves.
4.3 Earnings risk: Users shall bear the risk of negative trading earnings and financing earnings on their own due to the special characteristic of the digital currency sector with big fluctuations in the appreciation or depreciation of digital currencies.
4.4 Project risk: There may be significant risks in connection with the business operations, legislative or regulatory environment and many other factors of digital currency projects since those projects are still at an early stage.
4.5 Force majeure risk: It refers to circumstances where unforeseeable, unavoidable and insurmountable objective events, such as natural disasters, wars, strikes and hacker attacks, seriously affect the normal running of the CITEX platform, resulting in losses to platform users or theft of digital currencies. CITEX will not bear any civil liabilities for any losses resulting from force majeure.
4.6 Technical risk: The normal distribution of staking earnings or users’ interests may be affected due to failure or errors of technical systems during the staking process.
4.7 Operation risk: It refers to the risk resulting from users’ operational errors or violation of operation procedures.
4.8 Account freeze risk: It refers to the judiciary freezing or mandatory execution of users’ accounts due to their debt default or being suspected of engaging in illegal activities.
- Applicable Laws and Jurisdiction
5.1 Applicable laws: All matters in this Agreement, including without limitation the effectiveness, interpretation, execution and dispute resolution of the Agreement, shall be governed by relevant laws in the registration place of CITEX. In the event of any conflict between any article in the Agreement and the mandatory regulations, such article shall be construed and executed to the maximum extent that is not prohibited by such mandatory regulations, and the stipulation conflicting with any mandatory regulations shall be without prejudice to the effectiveness of the other stipulations of the Agreement.
5.2 Dispute jurisdiction: All parties agree that all disputes, regardless of the amount involved, must be submitted to the local arbitration commission in the CITEX’s place. The arbitration award shall be final and binding on both parties.
5.3 During the said arbitration, the articles that are not involved in the dispute shall continue to be executed and neither party shall refuse to fulfill any of its obligations under the Agreement on account of the dispute resolution.
6.1 Certain terms and conditions of the Agreement are subject to changes by CITEX at any time. We advise you to view those terms and conditions on a periodic basis to learn about the changes.
6.2 Both CITEX and users may sign this Agreement and related documents through means that include but not limited to handwritten signature or seal, clicking, ticking, electronic signature and data message. Neither party shall deny the legal effect of the Agreement on account of any difference in the means of contract signature.
6.3 This Agreement shall be established and take effect upon the signature by both parties or the agreement by users, till both parties have fulfilled their obligations pursuant to the Agreement. Users entrust CITEX to keep all written documents or electronic information in connection with the Agreement.
7.You represent and warrant that:
7.1 You have read and understood all the terms and conditions, fully understand all risks and rules related to the “PoS Saving Project”, and are willing to bear all liabilities and losses.
7.2 You have gained sufficient knowledge of the projects in the “PoS Saving Project”and the digital assets, and made a wise decision after conducting your own due diligence.
7.3 You understand that digital assets do not grant CITEX or the issuer any rights in any form whatsoever, including without limitation any voting, distribution, redemption, liquidation or other financial or legal rights.
7.4 By participating in any digital assets in the “PoS Saving Project”, you prove to CITEX that you will abide by the Agreement and all applicable laws, rules and regulations in the activities related to the purchase of digital assets. The digital assets received by you will not be used in any illegal activities in any form, including without limitation participating or supporting any illegal activities.