KTON Premium Terms of Service

Introduction

Welcome to KTON Premium, a liquid staking service on TON for vesting contracts, operated by the KTON team. These Terms of Service ("Terms") govern your access to and use of the KTON Premium platform, services, applications, and associated smart contracts.

By accessing or using KTON Premium, you agree to these Terms. If you do not agree, please refrain from using the platform.

Definitions

KTON Premium: The liquid staking service and platform offered by KTON, including all associated staking smart contracts and applications.

User: Any individual or legal entity accessing or using KTON Premium.

Staking: The process of locking TON tokens into KTON Premium in exchange for yield and/or staking derivative tokens.

Unstaking: The process of unlocking the TON tokens used for staking, making those tokens available for withdrawal.

Rewards: Incentives accrued from staking TON through the platform.

User Responsibilities

3.1 Eligibility

You must be at least 18 years old and legally eligible under your local jurisdiction.

You are responsible for ensuring your use of KTON Premium complies with all local laws and regulations.

3.2 Geographic Restrictions

Prohibited Jurisdictions: Access to KTON Premium is restricted in jurisdictions that are subject to sanctions, embargoes, or other legal prohibitions as determined by KTON from time to time.

Circumvention Prohibited: Users must not use VPNs, proxies, or other technical methods to bypass geolocation restrictions.

Consequences of Violation:

• Suspension or termination of platform access

• Freezing or confiscation of associated funds or assets

• Forfeiture of staking rewards

• Legal action, if appropriate

By using KTON Premium, you represent and warrant that you are not a citizen or resident of a restricted jurisdiction.

3.3 Wallet and Account Security

You are solely responsible for securing your wallet credentials and private keys.

KTON Premium disclaims liability for losses due to unauthorized access resulting from user negligence.

3.4 Compliance

Users agree to adhere to all applicable Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements, should KTON Premium or its partners request verification.

Platform Usage

4.1 Staking and Unstaking

Users may stake TON tokens to earn rewards.

Rewards and terms are determined by platform settings, including Annual Percentage Yield (APY), vesting periods, and withdrawal methods.

Unstaking may involve delayed withdrawal, NFT receipt, or fees depending on the method selected.

4.2 Liquidity and Transfers

KTON tokens (or any staking derivative issued) may be used in third-party DeFi applications within the TON ecosystem.

Transfers are subject to network (gas) fees and smart contract conditions.

4.3 Risk Disclosure

Users acknowledge that participation in KTON Premium involves inherent risks, including:

• Smart Contract Risk: Bugs, exploits, or flaws in the code.

• Market Risk: Token price volatility.

• Regulatory Risk: Changes in law affecting crypto and staking services.

• Operational Risk: Potential downtime or service interruption.

Fees

Fees are transparently communicated prior to any transaction and may include:

• Staking Fee: A fixed or percentage-based fee deducted upon deposit.

• Unstaking Fee: Applied for early or immediate withdrawals.

• Gas Fees: Blockchain-level transaction costs passed to the user.

Limitation of Liability

6.1 No Guarantees

KTON Premium does not guarantee profits, fixed returns, or token price performance.

6.2 Platform Availability

We are not liable for losses due to temporary service outages, bugs, or network delays.

6.3 Third-Party Risks

We are not responsible for losses involving:

• Third-party DeFi integrations

• Unauthorized access caused by phishing or malware

Privacy Policy

KTON Premium's use of personal and usage data is governed by our Privacy Policy, which forms part of these Terms.

Intellectual Property

All content, logos, designs, and smart contracts associated with KTON Premium are protected by intellectual property laws. Unauthorized copying, distribution, or modification is prohibited.

Amendments

We reserve the right to modify these Terms at any time. Changes will be communicated via:

• In-app notifications

• Email (if provided)

• Official social media channels

Continued use of the platform after updates constitutes acceptance of the new Terms.

Governing Law

These Terms are governed by the laws of the jurisdiction in which KTON operates. Specific jurisdictional details will be disclosed in future platform documentation or legal updates.

Dispute Resolution

Disputes should be resolved as follows:

• Negotiation: Good-faith discussions with KTON Premium support.

• Arbitration or Legal Action: If unresolved, parties may proceed to legally binding arbitration or litigation based on governing law.

Contact Information

For support or legal inquiries, contact us:

Email: contact@kton.io

Telegram: Official Channel

Final Provisions

Entire Agreement: These Terms constitute the full agreement between users and KTON Premium.

Severability: If any part of these Terms is deemed unenforceable, the remaining provisions remain in effect.

Waiver: KTON Premium's failure to enforce any term does not waive its right to enforce it later.