Terms and Conditions
Stake for Revenue (SFR) terms governing participation, rewards, and the decentralized staking platform.
1. Introduction
Welcome to Stake for Revenue (SFR). By accessing or using the SFR platform, you agree to comply with these Terms and Conditions (“Terms”). If you do not agree with these Terms, please refrain from using the platform.
SFR operates as a decentralized, non-custodial staking mechanism powered by smart contracts. The platform does not issue securities, shares, or investment products. Rewards distributed are classified as donations or gifts to users who stake, and may be distributed in USDT or another stablecoin, as determined by the SFR platform.
These rewards do not represent ownership, equity, or financial rights in any entity.
SFR is designed for the Dlicom Token (DLI), which is part of the Dlicom Decentralized Social Media Platform. The staking rewards distributed are derived from 30% of the net profit earnings of the company that holds ownership of Dlicom, based on official company financial reports. These donations are voluntary and are distributed based on the financial performance of the company.
2. Definitions
- SFR: The decentralized staking platform.
- Dlicom: The decentralized social media platform linked to SFR and the DLI token.
- User: Any individual or entity using the platform.
- Staking: The process of locking tokens in a smart contract to be eligible for a voluntary distribution.
- Rewards: Any voluntary distribution classified as a gift or donation from the company's net profit earnings, potentially in USDT or other stablecoins.
- Smart Contract: The automated and self-executing system governing staking transactions without human intervention.
- Company Financial Reports: The financial disclosures detailing the net profit of the company managing Dlicom, which determines the donation pool for staking participants.
3. Eligibility & User Obligations
- Users must be at least 18 years old or the legal age of majority in their jurisdiction.
- Users acknowledge that staking is not an investment and does not provide ownership in SFR or Dlicom.
- Users are responsible for ensuring compliance with their local laws and regulations.
- Users must secure their private keys and wallet credentials.
- SFR is not responsible for any losses due to unauthorized access or user negligence.
- Users must provide accurate and truthful information where required.
4. Description of Services
SFR provides a fully decentralized staking mechanism where users voluntarily lock tokens in a smart contract.
No profit-sharing, dividends, or securities are issued. The rewards are voluntary distributions from 30% of the net profit of the company managing Dlicom, based on audited financial reports.
Staking does not create any contractual obligations between users and SFR. There are no refunds once a stake is placed, as transactions on the blockchain are irreversible.
Smart Contract Mechanics:
- Users send tokens to a smart contract, which registers the staking period and amount.
- Donations (staking rewards) are calculated based on 30% of the net profit generated by the company, as per its financial reports, and may be distributed in USDT or an equivalent stablecoin at SFR's discretion.
- The smart contract automatically distributes rewards when financial reports are released and validated.
- Users must manually claim rewards, and unclaimed distributions may be forfeited after a specified time.
- The staking contract is immutable and cannot be modified retroactively.
5. Risks & Disclaimers
- No Guarantee of Returns: Staking involves risks, and there is no guarantee of any reward distribution, as it depends on company profitability.
- Market Volatility: Users acknowledge that cryptocurrency prices are highly volatile and staking tokens may result in financial loss.
- No Investment Advice: SFR does not provide financial, tax, or legal advice. Users must conduct their own research before staking.
- No Ownership Rights: Staking does not grant equity, voting rights, or any ownership in SFR, Dlicom, or its parent company.
- Smart Contract Risks: Users acknowledge that software bugs, exploits, or external factors may impact staking operations, and SFR is not liable for any such incidents.
- Regulatory Considerations: Users are solely responsible for determining if staking aligns with their jurisdiction's laws.
- Tax Responsibility: Users must comply with their local tax laws concerning staking rewards and voluntary distributions. SFR does not provide tax documentation.
6. User Funds & Security
- SFR does not store or control user funds. All transactions are executed directly via smart contracts.
- Users retain full control over their private keys and are responsible for securely managing their wallets.
- Loss of private keys means loss of access to staked funds and rewards.
- The platform cannot recover lost private keys or access user wallets.
7. Termination & Suspension
SFR reserves the right to restrict access under the following conditions:
- Suspected abuse, fraud, or violation of terms.
- Security risks that threaten the integrity of the staking contract.
- Regulatory or legal obligations requiring action.
8. Compliance & Legal Considerations
SFR is a decentralized platform and does not require KYC or AML compliance.
Rewards are classified as voluntary distributions (donations or gifts) and do not constitute an investment product.
No regulatory authority has reviewed or approved SFR. Users participate at their own risk.
Jurisdiction & Governing Law: These Terms are governed by the laws of the British Virgin Islands (BVI).
9. Indemnification
Users agree to indemnify and hold harmless SFR from any claims, damages, or legal disputes arising from:
- Misuse of the staking platform.
- Regulatory issues in their respective jurisdictions.
- Any third-party claims due to user actions on the platform.
10. Force Majeure
SFR shall not be liable for any delay, failure, or disruption caused by external factors, including but not limited to:
- Blockchain network failures or congestion.
- Regulatory actions or legal restrictions.
- Cyber-attacks, hacks, or smart contract vulnerabilities.
11. Amendments & Updates
SFR reserves the right to update these Terms. Users are responsible for reviewing updates, and continued use of the platform constitutes agreement to revised Terms.
12. Contact Information
For inquiries, please visit www.dlicom.io or reach out via [email protected].
By using SFR, you acknowledge that you have read, understood, and agreed to these Terms and Conditions.