Eth 2.0 Staking Service Agreement

Introduction

The Eth 2.0 Staking Vault Service Agreement (the "Agreement") supplements the user terms of TokenPocket Wallet. By proceeding with the platform's services, you acknowledge that you have read, understood, and agreed to this Agreement.

This Agreement may be modified without prior notice. Regularly review updates—continued use constitutes acceptance of revised terms.

Key Reminder: Cryptocurrencies carry high risks. Staking services simplify node operations but do not encourage ETH purchases for staking.

Definitions

1.1 Ethereum & Eth 2.0

• Ethereum (Eth): A Proof-of-Work (PoW) blockchain.
• Eth 2.0: Ethereum’s Proof-of-Stake (PoS) upgrade, introducing sharding across multiple phases (Phase 0–4).

1.2 Eth 2.0 Staking

Users stake 32 ETH to become validators on the Beacon Chain. Validators manage shard chains from Phase 1, with slashing penalties for misbehavior. Staked ETH remains locked until Phase 2.

1.3 Staking Vault

A simplified service lowering the 32 ETH requirement and enhancing liquidity for staked assets.

1.4 Fees

• Service Fee: 15% of staking rewards for node operation.
• Exit Fee: Charged when users withdraw ETH.

Staking Rules

1. Minimum Stake: 0.1 ETH.

2. Rewards Schedule:

   • T+1 accrual begins after staking (e.g., stake by 22:00, rewards start next day at 22:00).
   • Node activation delays may extend timelines ("T+8" during high demand).

3. Withdrawals:

   • Phase 1: Return staked ETH only.
   • Phase 2: Reward withdrawal mechanisms via TokenPocket.
4. Daily Limits: 0.1–10 ETH per user, processed every 24 hours based on liquidity pool capacity.

5. Fees:

   • 15% service fee deducted from rewards.
   • Exit fee + gas costs applied to withdrawals.

6. Risks:

   • Slashing due to platform errors is covered; client/contract bugs are not.
   • Lockup period: 1–2 years (contingent on Ethereum’s development).

Liquidity Fund

• Early Redemption: Supports principal (not rewards) with time-based fees:
  Fee Formula: (0.05 - 0.04 × t/730) × staked amount

  • t = days since Dec 1, 2020.
• Fund Cap: 500 ETH (max 20% released daily).

Dispute Resolution

1. User Responsibility:

   • Losses from private key/account mismanagement are user-borne.
   • Misinterpreted rules invalidate claims.

2. Protocol Risks:

   • Eth 2.0 vulnerabilities or delays may impact assets—users assume liability.

Liability Disclaimer

1. Service Scope: TokenPocket provides node operation only—users assume Eth 2.0 risks.
2. Market Volatility: Crypto price fluctuations are user-liable.
3. Prohibited Use: Illegal activities (e.g., money laundering) result in account freezing/legal action.
4. Indemnification: Users compensate TokenPocket for losses from violations or third-party claims.

Investment Warning: Crypto trading is high-risk. Assess financial capacity before staking.

FAQs

1. When do staking rewards start?

Rewards begin T+1 after staking (e.g., stake Monday, rewards Tuesday). Delays possible if nodes queue.

2. Can I withdraw staking rewards early?

Phase 1 allows principal-only exits. Reward withdrawals launch in Phase 2.

3. What’s the minimum ETH to stake?

0.1 ETH.

👉 Learn more about Eth 2.0 staking

4. How are fees calculated?

• 15% service fee on rewards.
• Exit fee: (0.05 - 0.04 × days/730) × staked amount.

5. What if Eth 2.0 development stalls?

Users bear risks of protocol delays or bugs.

👉 Explore secure staking options

Final Note: This Agreement prioritizes transparency—review terms carefully before staking.