§1 General Information
The Tangle Bay Validator (hereafter referred to as "Validator") is a service provider within the IOTA network, offering users the opportunity to stake tokens by delegating them to the Validator. By using this service, you agree to the following terms and conditions.
§2 No Guarantee of Rewards
The Validator does not guarantee the generation or distribution of rewards. The receipt and amount of rewards depend on multiple factors, including but not limited to:
- The performance of the Validator.
- Network conditions and protocol rules.
- External events or technical disruptions.
§3 Technical and Operational Risks
The use of the Validator is at your own risk. The Validator is not liable for any loss or missed rewards resulting from:
- Network issues or outages.
- Protocol changes, forks, or software bugs.
- Technical failures or security breaches.
§4 No Legal Claims
No legal claims can be made for rewards, damages, or other benefits from the Validator. All rewards are allocated based on the protocol’s rules and network discretion. The Validator is under no obligation to compensate for losses or disadvantages caused by network conditions or other factors.
§5 Tax and Legal Responsibility
It is the sole responsibility of users to comply with tax and legal obligations related to rewards. The Validator does not provide tax or legal advice.
§6 Changes and Modifications
The Validator reserves the right to modify these terms at any time. Users are encouraged to review this disclaimer regularly. Continued use of the Validator constitutes acceptance of any changes.
§7 Limitation of Liability
The Validator is not liable for any direct, indirect, incidental, or consequential damages resulting from the use of the Validator or unmet expectations regarding rewards.
§8 Governing Law
This disclaimer is governed by the laws of Germany. Any disputes arising from these terms are subject to the exclusive jurisdiction of the courts in Germany.