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QuickNode Staking Terms of Use

1. General. QuickNode operates validator nodes and certain software that enables non-custodial validation, ultimately enabling you to participate in staking (collectively the “Services”). By accessing or using the Services, and linking your Digital Wallet to the Services, you agree to be bound by these terms and conditions (“Staking Terms of Use” or “Staking TOU”). Such Staking TOU are entered into and create a legally binding agreement between QuikNode, Inc., dba “QuickNode” and you or the organization you are acting on behalf of (“you” or “your”). Should you no longer agree to said Staking TOU, you will immediately stop using the Services.

2. Services. QuickNode makes available Services by operating validator nodes and related software that enables the staking of your Digital Assets with the relevant blockchain ledger or network (“Network”). For purposes of the Services, QuickNode does not collect any personal data, and your interaction will solely be through your public digital wallet address (“Digital Wallet”). You will select which digital assets within the relevant Digital Wallet will be subject to the Services (“Digital Assets”). The Network may impose certain penalties (“Slashing”) pursuant to its rules or protocols. QuickNode and the Services are neither involved, nor have control over such Slashing. During the time that the Digital Assets are Staked with QuickNode, you grant QuickNode the right to vote on the Network governance matters, using such Digital Assets.

3. Rewards and Fees. (a) Each Network may grant rewards, in varying forms ranging from block rewards, APY, to transaction fees (“Rewards”). By using Services, you may receive Rewards, which will be transferred to your Digital Wallet, by the Network. (b) Rewards may be issued in the form of Digital Assets. Rewards may not be immediately available, or may be subject to restrictions, as set by the Network. (c) You understand that QuickNode does not control the Rewards, and the Network may change the Rewards or fees at any time. (d) QuickNode does not currently charge a fee to use our Services, but retains the right to change this at any time. Any fee that may be imposed in the future will be publicly available, may vary by Network, and remains subject to change.

4. Acknowledgement of Risk. You understand and agree that using the Services exposes you and your Digital Assets to considerable risk of loss. You assume all risks associated with using the Services, and Digital Assets generally, including but not limited to, that: (a) Digital Assets are highly volatile; (b) using Digital Assets is inherently risky due to both, the nature of such assets and the potential unauthorized acts of third parties; (c) you may not have ready access to Digital Assets; and (d) you may lose some or all of your Digital Assets. You agree that you will have no recourse against anyone else for any losses due to the use of the Services.

5. Term and Termination. You may terminate your use of the Services at any time. Similarly, QuickNode may terminate or suspend Services in whole or in part, at any time. At any time during your use of Services, and upon termination, you may choose to “unstake” all of part of your Digital Assets. You may do so directly through your Digital Wallet or through other means commonly available, noting that such process may take several days, depending on the relevant Network.

6. Intellectual Property. Subject to these Staking TOU, QuickNode hereby grants you a limited, non-exclusive, revocable, non-transferable, non-sublicensable right and license to access and use the Services. As between you and QuickNode, QuickNode retains all rights, title and other related ownership and intellectual property rights in Services.

7. Disclaimer. SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATION OR WARRANTY, WHETHER EXPRESS, IMPLIED OR STATUTORY. YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR AGREEMENT, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF THE SERVICES.

8. Limitation of Liability. Under no circumstances will QuickNode be liable for any indirect, punitive, incidental, special, consequential, or exemplary damages, including lost profits, resulting from your use of Services, regardless of the legal theory any such claims may be based on, and whether or not you or QuickNode has been advised of the possibility of such damages. QuickNode is not responsible for any damages, harm, or losses to you arising from or relating to hacking, tampering, or other unauthorized access or use of Services or Website, your misunderstanding of these Staking TOU or your failure to use or implement security controls, fraud prevention measures, or any other measure.

9. Jurisdiction and Choice of Law. These Staking Terms of Use shall be governed by Florida law without regard to its conflicts of law provisions and you waive any objections thereto. Except as subject to dispute resolution herein, any claim, suit, action, or proceeding hereunder must be brought in the appropriate state or federal court located in Miami-Dade County, Florida.

10. Representations. (a) You represent that you are not accessing or using Services or Website for the benefit of a country, organization, entity or person embargoed or blocked by any government, including those on sanctions lists identified by the United States Office of Foreign Asset Control (OFAC). (b) You represent that you are an “accredited investor” or otherwise fall into an exception to the applicable securities laws. Further, QuickNode makes no representation or assertion as to the treatment of any Digital Asset as a security. (c) You acknowledge and agree that these Staking TOU supplement and do not modify, amend, supersede or replace, the QuickNode Privacy Policy or the QuickNode Terms of Use (“TOU”) both of which are incorporated herein by reference. If there is any conflict between these Staking Terms of Use, the Privacy Policy, or the TOU, these Staking TOU will control to the extent such conflict is in regards to the Services or any staking performed under or in connection with these Staking TOU. QuickNode may amend or modify these Staking TOU at any time and for any reason. The amended or modified Staking TOU are effective immediately upon us posting them or otherwise making them available on https://www.quicknode.com/stake-solana/terms (“Website”) and by continuing to link your Digital Wallet to our Services, or otherwise use our Services, you agree to such amended or modified Staking TOU. You are responsible for reviewing the Staking Terms of Use and any modifications thereto. If you do not agree with the Staking TOU, your sole and exclusive remedy is to cease your use of the Services.