Terms & Conditions
Before you proceed, please take a moment to read and understand the terms and conditions. By participating in TKO staking, you acknowledge and agree to the following conditions. Make informed decisions and stake responsibly.
Our smart contract audit identified three high-priority features, carefully designed to boost functionality and security, ultimately ensuring the safety of staking and assets. The emergency withdraw function serves as a protective measure for rare cases like accidental transfers, secured by a multisig setup. The init function is tailored with robust safety checks to meet the contract’s unique requirements. Additionally, the staking setup allows the team to fine-tune maxTkoStaked, enabling precise and flexible pool management.
You can choose to stake your TKO tokens for either 30 days at 8.69% APY or 90 days at 25.13% APY. These rates are for illustration purposes and actual returns may vary based on market conditions.
Your staked TKO tokens will be locked for your chosen duration (30 or 90 days). You'll receive your rewards only after completing the full staking period.
Should you need to withdraw your tokens before the maturity date, a 20% penalty will apply to your staked amount, and you'll forfeit any accumulated rewards. For example, if you stake 100 TKO and withdraw early, you'll receive 80 TKO back.
Please ensure you have enough funds in your wallet for transaction fees and always verify transaction details before confirming. Keep your wallet secure and regularly monitor your staking position.
KOMMUNITAS may perform necessary maintenance or upgrades to ensure platform security and performance. We'll notify users of any significant changes.
By connecting your wallet and staking TKO tokens, you acknowledge that you understand and accept these terms.
The Web3 ecosystem, including blockchain-based investments, cryptocurrencies, and digital assets, is inherently volatile and uncertain. Price fluctuations can be significant, potentially leading to substantial financial losses. Users should be aware of various risks, such as platform vulnerabilities, regulatory uncertainties, technological failures, and cybersecurity threats
Engaging with digital asset platforms requires a high tolerance for risk. Before participating, users must evaluate their financial goals, level of expertise, and ability to handle potential losses. It is essential to conduct in-depth research and seek professional financial guidance before making any investment decisions in blockchain or cryptocurrency-related platforms.
Trading cryptocurrencies and digital assets involves high volatility and market uncertainty. Prices can change rapidly due to factors such as liquidity, regulatory shifts, technological developments, and macroeconomic events.
Market Volatility: Sudden price swings may lead to unexpected gains or losses.
- Liquidity Risk: Some assets may have low trading volume, making it difficult to buy or sell at desired prices.
- Regulatory Changes: Government policies and regulations can impact asset value and trading conditions
- Security Threats: Hacking, phishing, and smart contract vulnerabilities pose risks to digital assets
Ensure you understand these risks before trading, and consider seeking professional financial advice to make informed decisions.