Disclaimer

Pera Wallet (“Pera”) gives you access to third party staking services (“Staking Services”). When you access or utilize these Staking Services, you will work with a third-party provider that stakes specific digital assets ("Staked Digital Assets") for validating transactions on the Algorand blockchain network.

Before staking, conduct thorough research and careful analysis to ensure alignment with your financial goals, risk tolerance, and understand the staking process. If you have any doubts or misunderstandings regarding the staking process and involved risks, we strongly recommend seeking advice from an independent financial advisor before proceeding with the Staking Services.

In order to access this Staking Service, you acknowledge, agree, and consent to the following:

a. Pera does not control or assume any liability for your use of the Staking Services. We expressly disclaim all liability for any potential issues or losses related to your use of the Staking Services, including any loss of Staked Digital Assets, failure to obtain Staking rewards, or fees incurred during the process.

b. Pera can't guarantee uninterrupted Staking operations. Interruptions in service can occur due to many factors beyond our control, such as codebase updates, network protocol changes, actions from third-party providers or network congestion.

c. Pera can't ensure the staking or ongoing staking of any specific digital asset. The feasibility of staking certain digital assets is based on the respective blockchain network's rules and the third-party staking services provider's terms and conditions.

d. Pera bears no control over or responsibility for the Staking Rewards provided by the Algorand blockchain network.

e. Pera does not provide advice or make any predictions about the potential value or suitability of any specific Digital Asset or the Staking Service. Any decision to use the Staking Service is your own, and Pera assumes no responsibility for this.

f. Pera will never take custody of any of your rewards or assets and has no control over any Proof-of-Stake network where Pera may exercise validation rights delegated by you.

g. Pera does not guarantee that you will receive Staking Rewards or any Staking Reward rates. The successful transfer of the rewards is not under Pera's control.

h. Pera is not responsible for any failure by any Staking Service to transfer rewards or for the loss of rewards due to reasons such as transfer to an incorrect wallet address or other risks like "slashing".

i. Pera does not guarantee uninterrupted or error-free operation of the Staking Services, nor does it ensure that it will rectify all defects or prevent disruptions caused by third parties or unauthorized third party access.

j. Pera is not liable for any breaches committed by the user in relation to third-party Staking Services agreements. It is the user's responsibility to ensure compliance with those terms and conditions.

By choosing to use the Staking Services, you acknowledge these conditions and understand the inherent risks and confirm you have read the Pera Wallet terms of service.

Updated on: 12/11/2024