Terms of Service

CROSS Staking Service — OGF (BVI) Ltd.

1. Service Provider

This CROSS Staking Service (the "Service") is provided and operated by OGF (BVI) Ltd. ("OGF Corp"), a company incorporated under the laws of the British Virgin Islands, with its registered office at Rodus Building, PO Box 3093, Road Town, Tortola, British Virgin Islands, VG1110.

OGF Corp operates the Service pursuant to authority validly delegated to it by the Opengame Foundation (the "Foundation"), a Swiss foundation established under the laws of Switzerland (Canton of Zug), which retains ultimate governance authority over the CROSS Protocol and the broader ecosystem. The Service is made available to facilitate delegator participation in staking mechanisms within the CROSS ecosystem.

By accessing or using the Service, you ("Delegator" or "User") agree to be bound by these Terms of Service (the "Terms"). If you do not agree to these Terms, you must not use the Service.

2. Nature of the Service

The Service constitutes a non-custodial staking interface that enables Delegators holding $CROSS tokens to stake their digital assets to validators operating on the CROSS Protocol (the "Network"). All staking actions performed through the Service are executed directly by the Delegator via their own wallets. At no time does OGF Corp hold, custody, or otherwise control any Delegator assets.

The Service does not constitute a financial service, brokerage, investment platform, deposit-taking activity, or any other regulated financial activity. OGF Corp acts solely as a technical and administrative interface provider. The Service is provided to facilitate Delegators’ participation in the on-chain staking and delegation mechanisms of the CROSS Protocol.

3. Staking and Delegation Mechanics

3.1 Minimum Staking Amount

The minimum staking amount is ten (10) CROSS tokens. Delegators may stake any amount at or above this threshold through the Service.

3.2 Delegation to Validators

When a Delegator stakes $CROSS through the Service, such staked assets are delegated to a validator node participating in the CROSS Protocol’s consensus mechanism. The Service may display available validators and relevant performance data to assist Delegators in making delegation decisions. All delegation decisions are made solely at the Delegator’s own discretion and risk. OGF Corp does not operate, endorse, control, or guarantee the performance of any validator node unless expressly stated otherwise.

3.3 Validator Commission

Validators receive a protocol-level commission of five percent (5%) of staking rewards attributable to delegated assets. This commission is fixed at the protocol level and is automatically deducted prior to the distribution of rewards to Delegators. Validators additionally retain one hundred percent (100%) of all priority transaction fees earned through block validation. These fees are not shared with Delegators.

3.4 Active Validator Set

The Network maintains an active validator set of up to twenty-one (21) validators at any time. Inclusion in the active set is determined automatically based on total staked assets (including both self-staked assets and delegated assets). Delegation to a validator outside the active set may result in reduced or no reward accrual during such periods. OGF Corp has no authority to override or influence active set composition.

4. Staking Rewards, Reserve Pool, and Halving Mechanism

4.1 Reserve Pool as Source of Rewards

Staking rewards distributed through the Service are sourced exclusively from the CROSS Protocol’s Reserve Pool (the "Reserve Pool"), which constitutes sixty percent (60%) of the total fixed supply of $CROSS tokens. No new $CROSS tokens are minted for the purpose of funding staking rewards or for any other purpose. The CROSS Protocol operates under a strict no-minting policy, and the total supply of $CROSS is permanently fixed. All rewards paid to Delegators represent a redistribution of pre-allocated tokens from the Reserve Pool and do not reflect any increase in the total circulating supply.

4.2 Annual Halving Mechanism

The rate at which staking rewards are distributed from the Reserve Pool is subject to an automatic halving mechanism that occurs on an annual basis (each such event, a "Halving"). At each Halving, the block reward distributed per epoch is reduced by fifty percent (50%) relative to the preceding period. As a result, the absolute quantity of staking rewards available to Delegators will decrease over time in accordance with this schedule. Delegators acknowledge and accept that the annual percentage rate (APR) of staking rewards will decline over successive Halving cycles.

4.3 Reserve Depletion Risk

As staking rewards are drawn from a finite Reserve Pool, the Reserve Pool will diminish over time as rewards are distributed. In the event that the Reserve Pool is fully depleted, staking rewards will cease entirely unless the Foundation determines through governance processes to implement an alternative reward mechanism. Delegators acknowledge this inherent limitation and accept that no guarantee is made regarding the continued availability or duration of staking rewards.

4.4 Reward Accrual

Subject to the foregoing, staking rewards accrue automatically to the Delegator’s staked balance on a daily basis. No manual claim action is required for reward accrual. Accrued rewards are automatically compounded into the Delegator’s staked balance, increasing the effective stake over time.

4.5 Reward Variability

Staking rewards are variable in nature and are determined exclusively by the Protocol and its automated on-chain mechanisms, including the prevailing block reward rate and Halving schedule. OGF Corp makes no representation, warranty, or guarantee regarding reward rates, yields, annual percentage rates, or validator performance. Any estimated reward figures displayed through the Service are indicative only and do not constitute a promise or guarantee of returns.

4.6 No Guarantee of Profit

Participation in staking does not constitute an investment, deposit, or financial product. There is no expectation of profit derived from the efforts of OGF Corp or the Foundation. Staking rewards, if any, are generated solely by protocol-level mechanisms and may be modified, reduced, or eliminated at any time through governance decisions or as a result of the Halving mechanism or Reserve Pool depletion.

4.7 OGF Corp is Not a Payor

All staking rewards are calculated, accrued, and distributed at the protocol level through automated on-chain mechanisms drawing from the Reserve Pool. OGF Corp does not act as a payor, intermediary, or settlement agent in respect of any staking rewards and has no obligation or ability to supplement rewards from its own resources.

4.8 No Clawback of Distributed Rewards

Staking rewards that have been distributed to and accrued in a Delegator’s staked balance shall not be subject to retrospective reduction, clawback, or recoupment, except in cases involving fraud, willful misconduct, or a material misrepresentation by the Delegator. For the avoidance of doubt, changes to future reward rates resulting from the Halving mechanism, governance decisions, or Reserve Pool depletion shall not constitute a clawback of previously distributed rewards.

5. Unstaking and Lock-Up Period

5.1 Unstaking Request

Delegators may initiate an unstaking request at any time through the Service interface. All unstaking actions are executed solely by the Delegator via their own wallet. OGF Corp does not execute unstaking transactions on behalf of Delegators.

5.2 Unbonding Period

Upon initiation of an unstaking request, the Delegator’s staked assets, including both principal and any accrued rewards, shall be subject to a mandatory unbonding period of fourteen (14) calendar days. During this unbonding period, the staked assets shall not be transferable or accessible and shall not accrue further staking rewards.

5.3 Withdrawal

Upon completion of the unbonding period, the Delegator’s staked assets shall become available for withdrawal. OGF Corp makes no representation or guarantee regarding the timing or successful execution of any withdrawal process, which is subject solely to the Protocol and applicable network conditions.

5.4 Liquidity Risk

Delegators acknowledge that staked assets are not immediately liquid and are subject to protocol-defined lock-up and unbonding requirements. During lock-up and unbonding periods, assets may not be transferable, accessible, or available for use in other on-chain activities.

6. Slashing and Penalty Risks

6.1 Slashing Mechanism

Staking activities may expose Delegators to protocol-level slashing mechanisms. Slashing events may be triggered by validator misbehavior, including but not limited to double-signing, failure to meet uptime requirements, or unauthorized use of validator credentials. Any slashing penalty shall be automatically enforced by the Protocol and shall be irreversible.

6.2 Delegator Risk Exposure

In the event of a slashing event attributable to the Delegator’s chosen validator, the Delegator’s staked assets may be subject to partial or total loss. OGF Corp shall not be responsible for any such losses arising from validator misbehavior, protocol-level penalties, or network disruptions. All risks associated with validator selection, including slashing events, downtime, and reduced rewards, are borne entirely by the Delegator.

6.3 No OGF Corp Liability for Slashing

OGF Corp shall not be liable to any Delegator for any slashing losses, validator underperformance, reward shortfalls, or any other losses arising from the Delegator’s participation in staking activities.

7. User Instructions and Transaction Execution

The Service may provide interface elements, instructions, or guidance designed to assist Delegators in participating in staking activities. However, all transactions are initiated, authorized, and executed solely by the Delegator. Users are responsible for reviewing and confirming all transaction details prior to submission. Once submitted, blockchain transactions are irreversible and final. OGF Corp does not execute transactions on behalf of Delegators, does not verify user inputs, and does not guarantee the accuracy or suitability of any interface elements or guidance provided.

8. No Custody, Agency, or Intermediation

OGF Corp does not act as a custodian, agent, broker, fiduciary, or intermediary. At no time does OGF Corp hold, possess, or control Delegator assets. All transactions are initiated, signed, and broadcast by the Delegator. OGF Corp does not transmit or execute transactions on behalf of Delegators and does not have access to Delegator private keys or wallets.

9. No Fiduciary Duty

Nothing in these Terms shall be construed as creating any fiduciary duty or obligation on the part of OGF Corp or the Foundation. Neither OGF Corp nor the Foundation undertakes to act in the interests of Delegators and both retain full discretion in all matters relating to the Service, the CROSS Protocol, and the broader CROSS ecosystem.

10. No Investment Representation or Reliance

Nothing in the Service constitutes investment advice, financial promotion, or solicitation. Delegators acknowledge that they do not rely on the Service or any related materials for making financial or investment decisions, and that participation is undertaken solely for the purpose of network participation and protocol interaction. OGF Corp expressly disclaims any responsibility for Delegators’ investment decisions.

11. Token Value and Network Disclaimer

OGF Corp makes no representation or warranty regarding the value, utility, or market price of $CROSS or any other digital asset, or regarding the performance of the Network. The Network involves third-party participants, including validators, over which OGF Corp has no control. Digital assets are inherently volatile and may result in total loss of value.

12. Interface and Protocol Distinction

The Service functions solely as a user interface layer. All staking, delegation, and reward activities occur on the underlying CROSS Protocol. OGF Corp does not control protocol execution, does not guarantee outcomes, and shall not be responsible for any protocol-level failures, errors, vulnerabilities, or exploits, including those affecting validators, smart contracts, or the consensus mechanism.

13. Smart Contract Risk

The Service interacts with smart contracts deployed on the CROSS blockchain network. Such contracts may contain bugs, vulnerabilities, or unforeseen behaviors that could result in loss of assets or service malfunction. OGF Corp makes no representation or warranty regarding the security or functionality of such smart contracts and shall not be liable for any losses arising therefrom.

14. Third-Party Infrastructure

The Service may rely on third-party infrastructure, including blockchain networks, validator nodes, wallet providers, and related services. OGF Corp does not control and shall not be responsible for the performance, availability, or security of such third-party systems. Any disruption, failure, or error arising from third-party infrastructure shall be at the Delegator’s risk.

15. Participation at Own Risk

Delegators acknowledge that participation in staking involves significant technical and economic risks, including but not limited to potential loss, lock-up, or permanent inaccessibility of assets due to slashing, protocol failure, smart contract vulnerabilities, or network disruptions. All participation is undertaken at the Delegator’s sole risk.

16. Geographic Restrictions

The Service may not be available in all jurisdictions. By using the Service, Delegators represent and warrant that they are not located in any jurisdiction where such use is prohibited or restricted by applicable law, and that their use of the Service complies with all applicable laws and regulations. OGF Corp reserves the right to restrict access at its sole discretion without prior notice.

17. Suspension and Risk Control

OGF Corp may, at its sole discretion, restrict or suspend access to the Service, limit functionality, or implement other risk control measures where necessary for security, legal compliance, or risk management purposes. OGF Corp shall not be liable to any Delegator for any losses or inconvenience arising from such actions.

18. Disclaimer of Warranties

The Service is provided on an "as is" and "as available" basis without representations or warranties of any kind, whether express or implied, including but not limited to warranties of accuracy, reliability, availability, merchantability, or fitness for a particular purpose. OGF Corp does not warrant that the Service will be uninterrupted, error-free, or free from security vulnerabilities.

19. Limitation of Liability

To the maximum extent permitted by applicable law, neither OGF Corp nor the Opengame Foundation shall be liable for any direct, indirect, incidental, special, consequential, or exemplary damages arising out of or in connection with the use of the Service, including but not limited to staking losses, slashing events, validator underperformance, governance outcomes, protocol failures, smart contract vulnerabilities, or loss of access to staked assets. This limitation applies regardless of the theory of liability (whether in contract, tort, or otherwise) and even if OGF Corp has been advised of the possibility of such damages.

20. Indemnification

Delegators agree to indemnify, defend, and hold harmless OGF Corp, the Foundation, and their respective affiliates, directors, officers, employees, and representatives from and against any claims, damages, liabilities, losses, costs, or expenses (including reasonable legal fees) arising out of or related to the Delegator’s use of the Service, staking or delegation activities, breach of these Terms, or violation of applicable law.

21. Service Changes

OGF Corp or the Foundation may modify, suspend, or discontinue any aspect of the Service, including staking parameters, commission structures, reward mechanisms, unbonding periods, or interface features, at any time without prior notice. Such modifications may be implemented through protocol-level governance decisions or administrative actions. OGF Corp shall not be liable to any Delegator for any modification, suspension, or discontinuation of the Service.

22. User Responsibility and Compliance

Delegators are solely responsible for their participation in the Service, including staking and delegation decisions, understanding of Protocol mechanics and associated risks, compliance with all applicable laws and regulations, and the security and management of their own wallets and private keys. OGF Corp is not responsible for any losses resulting from the Delegator’s failure to comply with these Terms or applicable law.

23. Changes to Terms

These Terms may be amended or updated by OGF Corp at any time without prior notice. Continued use of the Service following any such amendment constitutes acceptance of the updated Terms. Delegators are encouraged to review these Terms periodically. If a Delegator does not agree to an updated version of these Terms, they must discontinue use of the Service.

24. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands. Any disputes arising out of or in connection with these Terms or the Service shall be subject to the exclusive jurisdiction of the courts of the British Virgin Islands.

25. Final Authority of the Foundation

The Opengame Foundation retains ultimate authority over governance processes, protocol design, tokenomics, network parameters, and validator policies within the CROSS ecosystem. OGF Corp acts solely pursuant to authority delegated by the Foundation and any exercise of discretion by OGF Corp shall be subject to the Foundation’s overriding governance authority.

Schedule 1 — Key Staking Parameters

The following parameters apply to the CROSS Staking Service as at the Effective Date and are subject to modification through protocol governance:

Reward Structure

  • Reward Source: Reserve Pool (60% of total fixed $CROSS supply)
  • Minting Policy: No new token minting — fixed total supply
  • Halving Schedule: Annual (block reward reduces by 50% every 12 months)
  • Reward Accrual: Daily, automatically compounded into staked balance
  • No-Clawback: Previously distributed rewards are not subject to retrospective reduction, except in cases of fraud or willful misconduct

Delegation Parameters

  • Minimum Staking Amount: 10 CROSS
  • Validator Commission Rate: 5% of staking rewards (fixed at protocol level, auto-deducted)
  • Priority Fee Allocation: 100% retained by validators (not shared with Delegators)
  • Unbonding Period: 14 calendar days

Validator Network Parameters

  • Active Validator Set: Maximum 21 validators
  • Epoch (Validator Ranking Recalculation): Approximately every 24 hours
  • Minimum Validator Self-Stake: 1,000,000 CROSS
  • Validator Uptime Requirement: 98.5%

These parameters are determined by the CROSS Protocol and the Opengame Foundation and may be updated from time to time through governance processes. Delegators should refer to the Service interface and the Foundation’s official communications for the most current parameters. In particular, Delegators are advised to monitor the prevailing block reward rate, which decreases annually in accordance with the Halving schedule.