Terms of Use for Konomic Staking Widget

Effective Date: June 20, 2025

These Terms of Use (hereinafter referred to as the “Terms”) govern your use of the Widget provided by Konomic (hereinafter referred to as “Konomic,” “we,” “us,” or “our”). Please read these Terms carefully before using the Widget. By using the Widget, you agree to comply with these Terms. If you do not agree with these Terms, please do not use the Widget.

1. Description of Service

The staking widget on the page https://konomic.com/en/sol allows users to participate in staking Solana (SOL) cryptocurrency through our interface. Staking involves locking a certain amount of SOL tokens to support the operation of the Solana network in exchange for potential rewards. Konomic provides a technical interface for interacting with staking protocols but does not directly manage your funds.

2. Eligibility

To use the Widget, you must:

  • Be at least 18 years old or meet the minimum age required by the laws of your jurisdiction.
  • Have the legal capacity to enter into binding agreements.
  • Comply with all applicable laws and regulations in your jurisdiction, including those related to cryptocurrencies and taxation.
  • Not be located in a jurisdiction where the use of the Widget or cryptocurrency staking is prohibited or restricted.

3. Registration and Account Security

Using the Widget may require connecting a cryptocurrency wallet (e.g., Phantom, Solflare, or another compatible wallet). You are solely responsible for:

  • The security of your wallet and private keys.
  • Any actions performed through your wallet within the Widget.
  • Maintaining the confidentiality of your credentials and preventing unauthorized access.

Konomic does not store your private keys and has no access to your funds. You understand that losing access to your wallet may result in the complete loss of your funds, and Konomic is not liable for such losses.

4. Risks of Staking

Using the Widget and participating in staking involve risks, including but not limited to:

  • Market Risks: The value of SOL tokens may fluctuate, and Konomic does not guarantee the preservation of their value.
  • Technical Risks: Failures in the Solana network, errors in smart contracts, or issues with the Widget may affect access to your funds or rewards.
  • Lock-up Risks: Staking involves locking tokens for a certain period, during which they may be unavailable for withdrawal.
  • Regulatory Risks: Changes in legislation may impact the legality or availability of staking in your jurisdiction.

You acknowledge that you understand these risks and use the Widget at your own risk.

5. Staking Rewards

Staking rewards depend on the Solana network protocol and are not guaranteed by Konomic. Konomic may charge a fee for using the Widget, which will be clearly indicated in the Widget’s interface. You are responsible for paying all applicable taxes on any rewards received in accordance with the laws of your jurisdiction.

6. Limitation of Liability

Konomic provides the Widget “as is” and makes no warranties, express or implied, regarding its functionality, security, or fitness for a particular purpose. Konomic is not liable for:

  • Loss of funds caused by user actions, Solana network failures, or third parties.
  • Loss of profits, indirect, incidental, or other damages arising from the use of the Widget.
  • Technical failures, interruptions, or unavailability of the Widget.

7. Prohibited Actions

When using the Widget, you agree not to:

  • Use the Widget for illegal purposes or in violation of applicable laws.
  • Attempt to gain unauthorized access to Konomic’s systems or the Widget.
  • Use automated means (bots, scripts) to interact with the Widget without our written consent.
  • Infringe on the intellectual property rights of Konomic or third parties.

8. Termination of Use

Konomic reserves the right to suspend or terminate your access to the Widget at any time for any reason, including but not limited to a violation of these Terms. In the event of termination, you will not be entitled to compensation for any losses related to this decision.

9. Intellectual Property

All content of the Widget, including code, design, and documentation, is the property of Konomic or our licensors and is protected by copyright laws. You may not copy, modify, distribute, or reproduce the Widget’s content without our written consent.

10. Changes to the Terms

Konomic may update these Terms at any time. Updated Terms will be posted on the page https://konomic.com/en/sol/tos with the effective date indicated. By continuing to use the Widget after such changes, you agree to the updated Terms.

11. Contact Information

If you have any questions or comments regarding these Terms or the Widget, please contact us at: [email protected].

By using the Konomic Staking Widget, you confirm that you have read, understood, and agree to these Terms of Use.