TERMS AND CONDITIONS FOR STAKING SMART CONTRACT

Effective Date: 13 February 2025 

Last Updated: 13 February 2025 

These Terms apply collectively to all mobile products and services offered by the World Mobile Group of companies, including World Mobile Group Ltd, World Mobile Networks LLC, and World Mobile Treasury Services Ltd. Please note that while these Terms govern the overall use of our services, specific services may be provided by different entities within the World Mobile Group, and by using such services, you agree to be bound by the terms applicable to the respective providing entity.

These Terms & Conditions (" Staking Terms") govern the use of mobile service plans provided by World Mobile Treasury Services Ltd ("World Mobile," "we," "us," or "our"). By signing to a Smart Contract, you agree to these Staking Terms and our General Terms & Conditions, Privacy Policy, and Acceptable Use Policy.

1. Definitions

1.1. "Smart Contract" refers to the blockchain-based program that governs the staking protocol.

1.2. "Token" refers to the digital asset that can be staked within the Smart Contract.

1.3. "User" refers to any individual or entity that interacts with the Smart Contract.

1.4. "Staking" refers to the process of depositing and locking Tokens in the Smart Contract.

1.5. "Rewards" refers to any tokens or benefits distributed to Users for participating in staking.

2. Acceptance of Terms

2.1. By interacting with the Smart Contract, Users acknowledge that they have read, understood, and agree to be bound by these Terms.

2.2. Users must be of legal age in their jurisdiction and have the capacity to enter into binding contracts.

3. Staking Mechanism

3.1. Users can stake their Tokens by binding them into the Smart Contract.

3.2. Staking periods may vary and will be clearly specified in the Smart Contract parameters.

3.3. Rewards accrue over time and are reserved for the staking user within the Treasury created by the Smart Contract based on the Smart Contract's predefined parameters.

4. Risks and Disclaimers

4.1. Users acknowledge that blockchain technology and cryptocurrency investments carry inherent risks, including but not limited to:

• Smart Contract vulnerabilities
• Market volatility
• Regulatory changes
• Network failures
• Loss of access to private keys

4.2. The protocol does not guarantee any returns or profits from staking.

4.3. Users are solely responsible for:

• Maintaining the security of their private keys
• Ensuring they have sufficient gas fees for transactions
• Understanding the technical aspects of blockchain interactions

5. User Obligations

5.1. Users must:

• Comply with all applicable laws and regulations
• Provide accurate information when required
• Not attempt to exploit or manipulate the Smart Contract
• Not use the Smart Contract for illegal activities

6. Withdrawal Process

6.1. Users may withdraw their staked Tokens according to the Smart Contract's predefined parameters.

6.2. Withdrawal restrictions may apply, including:

• Minimum lockup periods
• Unbonding periods
• Withdrawal fees

6.3. Emergency withdrawals may be subject to penalties as specified in the Smart Contract.

7. Fees and Rewards

7.1. Reward calculations and distribution methods are immutable and encoded in the Smart Contract.

7.2. Users are responsible for any network fees (gas fees) associated with their transactions.

8. Modifications

8.1. The Smart Contract code is immutable once deployed.

8.2. These Staking Terms and Conditions may be updated to reflect changes in legal requirements or operational practices.

8.3 The Smart Contract may be terminated by World Mobile at World Mobiles discretion.

8.4 If the Smart Contract is terminated by World Mobile, Users with active stakes can claim accrued rewards and unstake their tokens.

9. No Warranty and Limitation of Liability

9.1. The Smart Contract operates on an "as-is" and "as-available" basis.

9.2. No party shall be liable for any indirect, incidental, special, or consequential damages.

9.3. Total liability is limited to the amount of Tokens staked by the User.

Premier Staking Club Loyalty Program

Program Structure

• Six membership tiers, each requiring a minimum stake of WMTx tokens.
• Tier benefits may include:
  • Product rewards on eligible services
  • Airnode staking rights
  • Hex staking opportunities
  • Access to third-party services and benefits
  • Enhanced rewards in affiliated programs

Rewards & Distribution

• Eligible designated mobile subscriptions qualify for token rewards.
• Additional services may be included in future eligibility.
• Rewards accrue monthly and are paid in WMTx tokens.
• Tokens are automatically staked unless the user opts for withdrawal.

Staking & Unstaking

• Users must meet minimum staking requirements for each tier.
• Staking positions remain until the user initiates unstaking.
• Users can increase their stake for higher-tier benefits.
• Unstaking removes access to tier benefits, and accrued rewards must be claimed before unstaking.