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Castlenode

Cosmos Hub Validator

Online
1 526 846
1 824 287 atom
14 750 atom
9.0%

How to Delegate to Castlenode

How to Delegate with Lunie

Please read our Terms and Conditions before delegating.

Please join our Telegram Chatroom to get the latest news about Castlenode.

You can delegate to Castlenode without having to download anything by using the Ledger Nano S.

First, if you have not done it yet, set up your Ledger Nano for your Cosmos account. If you participated in the fundraiser and want to use a fundraiser seed with your Ledger, you need to recover your ledger with this seed beforehand

Then, plug your Ledger via USB and open the Cosmos app. You are now ready to delegate using Lunie.

First, go to the Lunie Website and click on "Sign In"

Then, if it is not done already, plug your Ledger and click on "Sign In" again.
You will need to confirm the operation on your Ledger device by clicking on the right button (do not forget to install AND open the Cosmos app on your device!)

Once you have successfully signed in, navigate to the "Staking" section on the left, and click on "Validators"

In the list of validators, locate "Castlenode"

Once you land on the Castlenode validator page, click on "Delegate"

Select the amount of ATOMs you wish to delegate, and click on "Next"

Click on "Next" again, then "Submit". Now, you will need to confirm the transaction on your Ledger device.
Click on the right button of your device to see the multiple inputs until you reach the window where you can sign the transaction.
If the inputs look correct, select "Sign Transaction" and click on both buttons.
The transaction is now sent. If it is successful, the new delegation will show up in your "Staking" dashboard

How to Delegate with Stargazer/Hubble

Please read our Terms and Conditions before delegating.

Please join our Telegram Chatroom to get the latest news about Castlenode.

You can delegate to Castlenode without having to download anything by using the Ledger Nano S.

First, if you have not done it yet, set up your Ledger Nano for your Cosmos account. If you participated in the fundraiser and want to use a fundraiser seed with your Ledger, you need to recover your ledger with this seed beforehand

Then, plug your Ledger via USB and open the Cosmos app. You are now ready to delegate using either Stargazer or Hubble.

How to Delegate via the Command-Line Interface

Please read our Terms and Conditions before delegating.

Please join our Telegram Chatroom to get the latest news about Castlenode.

The most secure way to delegate your atoms is via "gaiacli", the Command-Line Interface tool used to interact with the Cosmos Hub.
To delegate to Castlenode, you only need our validator operator address, which is the following:
cosmosvaloper1qs8tnw2t8l6amtzvdemnnsq9dzk0ag0z52uzay

Then, just follow the delegator guide which can be found here.
Do not forget to double check that you are delegating to the correct address before sending your "Delegate Transaction".

How to Redelegate from a Validator to Castlenode

Please read our Terms and Conditions before delegating.

Please join our Telegram Chatroom to get the latest news about Castlenode.

In order to redelegate to Castlenode, you need to have gaiacli installed and set up.

Then, just use the following command:
gaiacli tx staking redelegate currentValidatorAddress cosmosvaloper1qs8tnw2t8l6amtzvdemnnsq9dzk0ag0z52uzay amount --from yourKeyName --gas auto --gas-adjustment 1.5 --gas-prices 0.025uatom

Replace currentValidatorAddress with the operator address of the validator you want to redelegate from, and amount with the amount you want to redelegate. cosmosvaloper1qs8tnw2t8l6amtzvdemnnsq9dzk0ag0z52uzay is the operator address of Castlenode.

Terms of Services

These Terms and Conditions are governing the relationship between Castlenode acting as validator operator ("Validator operator”) and the delegators ("Delegator(s)" or "they") delegating staking token (e.g. Atoms or Iris tokens) (the "Staking tokens") to the Validator operator to participate in the staking process. These Terms prevail over all other documents issued by the Validator operator and, as from their date of entry into force, shall apply to all Delegators and are deemed to be unconditionally accepted by Delegators as of the delegation of Atoms to the Validator operator. Any other document (e.g. marketing materials, presentation under any format if any, etc.) is therefore given for information purpose only and shall not constitute a contract document that commits the liability of the Validator operator, which may therefore withdraw or modify such documents, without entitling the Delegator to any compensation. By adhering to the Terms & Conditions, the Delegator expressly acknowledges having been thoroughly and comprehensively informed about the delegation and validation process of the public blockchains in which the Validator operator operates a validator node (a list of which is annexed to this Terms & Conditions).

The Delegator is deemed to be fully aware of all the legal norms and technical constraints relating to the delegation of Staking token within public proof-of-stake blockchains, and to the services offered by the Validator operator.

As a consequence Delegators acknowledge that they have a complete understanding of the Terms & Conditions and of the delegation/validation process of the public blockchains in which the Validator operator operates a validator node.

By using the services of the Validator operator, the Delegator agrees with these Terms & Conditions: By delegating Staking tokens to the Validator operator they hereby covenant and agree with the Validator operator to be bound by all of the terms set forth in these Terms & Conditions. Any Delegator which do not agree with these Terms & Conditions shall not delegate Staking tokens to the Validator operator.

DELEGATORS NEED TO READ THESE TERMS CAREFULLY BEFORE DELEGATING STAKING TOKENS TO THE VALIDATOR OPERATOR. BY UTILIZING THE WEBSITE LOCATED AT https://www.castlenode.com (“WEBSITE”) AND THE SERVICES OF THE VALIDATOR OPERATOR ON THE PUBLIC BLOCKCHAINS IN WHICH THE VALIDATOR OPERATOR OPERATES, THEY ACKNOWLEDGE THAT THEY HAVE READ THESE TERMS AND THAT THEY AGREE TO BE BOUND BY THEM. IF THEY DO NOT AGREE TO ALL OF THE TERMS OF THIS AGREEMENT, THEY ARE NOT AN AUTHORIZED DELEGATOR OF STAKING TOKENS AND THEY SHOULD NOT DELEGATE THEIR STAKING TOKENS TO THE VALIDATOR OPERATOR NOR USE THE SERVICES OFFERED BY THE VALIDATOR OPERATOR. IN THESE TERMS & CONDITIONS, "THEY" REFERS TO EITHER THE INDIVIDUALS OR ENTITIES DELEGATING THEIR STAKING TOKENS TO THE VALIDATOR OPERATOR AS WELL AS INDIVIDUALS SIGNING ON BEHALF OF SUCH ENTITIES.

THE VALIDATOR OPERATOR RESERVES THE RIGHT TO CHANGE, MODIFY, ADD OR REMOVE PORTIONS OF THESE TERMS & CONDITIONS AT ANY TIME FOR ANY REASON AFTER DELEGATORS AGREE TO THESE TERMS AND THEY AGREE THAT ANY SUCH CHANGES WILL BE BINDING ON THEM. SUCH MODIFICATIONS WILL IN FACT LIKELY HAPPEN AND THEY HEREBY ACKNOWLEDGE THIS FACT. THE VALIDATOR OPERATOR SUGGESTS THAT THEY REVIEW THESE TERMS PERIODICALLY FOR CHANGES. SUCH CHANGES SHALL BE EFFECTIVE IMMEDIATELY UPON POSTING ON THE WEBSITE. THEY ACKNOWLEDGE THAT BY ACCESSING THE WEBSITE AFTER THE VALIDATOR OPERATOR HAS POSTED CHANGES TO THESE TERMS, IT SHALL BE CONSIDERED THAT THEY WERE ACQUAINTED WITH AND THEY AGREE WITH THE MODIFIED TERMS.

THESE TERMS & CONDITIONS SHALL GOVERN THE DELEGATION PROCESS TO THE VALIDATOR OPERATOR. THE STAKING TOKENS ARE CRYPTOGRAPHIC TOKENS, BASED ON PUBLIC PROOF OF STAKE BLOCKCHAINS. THEY GIVE RIGHT TO A VOTING POWER ON PUBLIC PROOF OF STAKE BLOCKCHAINS (SUCH AS COSMOS HUB BLOCKCHAIN) THAT CAN BE ALLOCATED TO A VALIDATOR OPERATOR, ALLOWING THE VALIDATOR OPERATOR TO OPERATE AN ACTIVE VALIDATOR NODE IN SAID BLOCKCHAIN NETWORK.

STAKING TOKENS DO NOT PRESENT ANY SHAREHOLDERS RIGHT IN PUBLIC PROOF OF STAKE BLOCKCHAINS OR IN THE VALIDATOR OPERATOR, AND HOLDERS OF ANY STAKING TOKEN DELEGATED TO THE VALIDATOR OPERATOR IS NOT ENTITLED TO ANY FORM OF DIVIDEND OR OTHER REVENUE RIGHT, OR VOTING RIGHT IN THE VALIDATOR OPERATOR. THE STAKING TOKENS DO NOT PRESENT A MONETARY CLAIM AGAINST PUBLIC PROOF-OF-STAKE BLOCKCHAINS OR THE VALIDATOR OPERATOR. HOWEVER, THE DELEGATION PROCESS CAN GENERATE A FORM OF REWARD. DELEGATORS HEREBY AGREE AND UNDERSTAND THAT THEY CAN EXPECT A REWARD DERIVED FROM THE DELEGATION OF STAKING TOKENS AND THE SHARING WITH THE VALIDATOR OPERATOR OF THE REWARD.

DELEGATORS EXPLICITLY CONFIRM THAT THEY ARE AWARE THAT DELEGATION OF STAKING TOKENS TO THE VALIDATOR OPERATOR DOES NOT GRANT THEM AN EXPRESS RIGHT TO REQUEST PAYMENT OF ANY KIND, BUT MERELY A POTENTIAL RIGHT TO SHARE A REWARD PERCEIVED BY THE VALIDATOR OPERATION IN ABSENCE OF MISBEHAVE OR MISCONDUCT AT THE TIME OF THE DELEGATION. THEY EXPLICITLY CONFIRM THAT THEY ARE AWARE OF A POTENTIAL RISK THAT THE DELEGATION OF STAKING TOKENS DOES NOT FINALLY GIVE RIGHT TO ANY REWARDS.

THE TERMS & CONDITIONS OR ANY OTHER DOCUMENT, PRODUCED AND SIGNED BY THE VALIDATOR OPERATOR DO NOT CONSTITUTE AN OFFER OR SOLICITATION TO SELL SHARES OR “SECURITIES” OR OTHER INVESTMENTS OF ANY KIND. NONE OF THE INFORMATION OR ANALYSES PRESENTED ARE INTENDED TO FORM THE BASIS FOR ANY INVESTMENT DECISION, AND NO SPECIFIC RECOMMENDATIONS ARE INTENDED, AND THE VALIDATOR OPERATOR SERVICES AND THE WEBSITE ARE NOT, DO NOT OFFER AND SHALL NOT BE CONSTRUED AS AN INVESTMENT OR FINANCIAL PRODUCTS. ACCORDINGLY, THIS DOCUMENT DOES NOT CONSTITUTE INVESTMENT ADVICE OR COUNSEL OR SOLICITATION FOR INVESTMENT IN ANY SECURITY OR OTHER INVESTMENT INSTRUMENT AND SHALL NOT BE CONSTRUED IN THAT WAY. THIS DOCUMENT DOES NOT CONSTITUTE OR FORM PART OF, AND SHOULD NOT BE CONSTRUED AS ANY OFFER FOR SALE OR SUBSCRIPTION OF, OR ANY INVITATION TO OFFER TO BUY OR SUBSCRIBE FOR ANY SECURITIES OR OTHER INVESTMENT.

DELEGATION OF STAKING TOKENS BY VALIDATOR TO THE VALIDATOR OPERATOR DOES NOT PRESENT AN EXCHANGE OF CRYPTOCURRENCIES FOR ANY FORM OF ORDINARY SHARES OR OTHER INVESTMENT IN THE VALIDATOR OPERATOR, ITS AFFILIATES OR THE WEBSITE, AND HOLDER OF ANY STAKING TOKENS IS NOT MANDATORILY ENTITLED TO ANY FORM OF DIVIDEND, DISTRIBUTION OR RIGHT TO ASSETS OR PROFITS OF ANY KIND. DELEGATORS OF STAKING TOKENS ARE ONLY ENTITLED TO POTENTIAL REWARD AS A RESULT OF THE STAKING PROCESS.

THE VALIDATOR OPERATOR EXPRESSLY DISCLAIMS ANY AND ALL RESPONSIBILITY, LIABILITY AND POSSIBLE THIRD-PARTY LIABILITY FOR ANY DIRECT OR CONSEQUENTIAL LOSS, PURE FINANCIAL LOSS, LOSS OF REWARD OR DAMAGE OF ANY KIND WHATSOEVER ARISING DIRECTLY OR INDIRECTLY FROM: (I) RELIANCE ON ANY INFORMATION CONTAINED IN THIS DOCUMENT, (II) ANY ERROR, OMISSION OR INACCURACY IN ANY SUCH INFORMATION OR (III) ANY ACTION RESULTING THEREFROM, (IV) USAGE OR ACQUISITION OF SERVICES, AVAILABLE THROUGH THE VALIDATOR OPERATOR AND THE WEBSITE.

Terms

The following terms shall have for the purposes of these Terms & Conditions the following meanings.

  • “Atom” designates the crypto-currency operating on the Cosmos Hub Blockchain which can be delegated by Delegators to Validators in order to participate in the proof-of-stake process of the Cosmos Hub Blockchain.
  • “AML” means anti-money laundering and refers to a set of rules, prescribed by law or self-defined by Castlenode, regarding reducing the risks of money laundering.
  • "Castlenode" or "the Validator operator" means a French simplified joint stock company having its registered office at 5, passage de l'Industrie – 92130 Issy-les-Moulineaux, registered with the Company Registry of Nanterre under the number 844 639 476, duly represented by its president and performing validation services as validator operator in various public Proof-of-Stake blockchains.
  • “Crypto-currency" means digital currency, operating independently of a central bank, in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds.
  • "Delegator" means holder of Atoms who cannot, or do not want to run validator operations themselves on the Cosmos Hub Blockchain and who will delegate their Atoms to the Validator operator.
  • “European Economic Area” or “EEA” shall mean all EU countries and in addition Iceland, Liechtenstein and Norway.
  • "Force majeure" means under article 1218 of the French Civil Code, any event beyond the control of the obligor, which could not be reasonably foreseen at the time of acceptance of the Terms and Conditions and whose effects could not be avoided by appropriate measures
  • “Hacker” refers to any person who fraudulently gains access to a computer system and commits acts prohibited by law.
  • “KYC” – Know Your Customer - a term used in application of anti-money laundering and terrorist financing measures, which refers to the actions to be carried out in order to verify a Customer's identity. The procedure includes placing a query with the Dow Jones Risk & Compliance database. means “Know Your Customer”, and represents a process of identification and verification of the identification data of particular Purchaser.
  • “LCB-FT” or “AML-FT” refers to measures against money laundering and terrorist financing as defined in the French Monetary and Financial Code, resulting in the implementation and application of customer transaction risk assessments using risk mapping, which establish the level of risk inherent to a particular transaction and the procedures to be completed to meet the applicable regulatory requirements.
  • “Restricted Countries” shall have the meaning set out in paragraph 7.1.
  • “Staking token" designates the digital asset used in public proof-of-stake blockchains to participate in the process of securing the blockchain network and perform other actions defined by the protocol like participation in governance
  • “VAT” means value added tax of relevant jurisdiction, if applicable.
  • “Website” shall mean https://www.castlenode.com.

Statement of facts

Cosmos Hub is Part of the Cosmos Network. Cosmos network is a network of multiple blockchains. In order to connect blockchains together, a protocol called IBC (Inter-Blockchain Communication Protocol) has been developped. This protocol allows a direct and decentralized connection between two blockchains.

The main token of the Cosmos Hub is the Atom. Atom makes it possible to secure the Cosmos Hub via proof of stake (Proof-of-Stake). Those who block their Atoms to participate in the security of the Cosmos Hub will be rewarded with newly created Atoms as well as by collecting transaction fees from the Hub’s users.

Validation Services

  • The Validator operator is performing validation services on various public blockchains networks including the Cosmos Hub.
  • Delegators wishing to use the Validator operator validation services shall delegate Atoms to the Validator operator address on the Cosmos Hub network. Atoms will then be put into escrow by the Cosmos Hub protocol (i.e. Atoms would not be used for any other transaction).
  • In order to delegate Atoms the Delegator will send a "Delegate Transaction" to the Cosmos Hub blockchain specifying the identity of the Validator operator and the number of Atoms to be delegated.
  • Atoms delegated by Delegators to the Validators operator will allow the benefice in favor of the Validator operator of voting power proportional to the amount of delegated Atoms. If the Validator operator obtains sufficient voting power (as defined by the protocol), they will start participating in the protocol as a validator node. This makes them and their Delegators eligible to receive rewards, but also at risk losing the locked-up Atoms delegated to them. Delegators receive rewards proportional to the amount of Atoms they delegated to the Validator operator. Validators will take a commission on these rewards before they are automatically distributed to the Delegators by the protocol.
  • Delegation of Staking tokens by the Delegators to the Validator operator is performed to a specific address: cosmosvaloper1qs8tnw2t8l6amtzvdemnnsq9dzk0ag0z52uzay.
  • By delegating the Staking tokens to the Validator operator, the Delegator acknowledges and agrees to be bound by the T&C.
  • The Delegator is duly informed that the Validator operator will benefit from the delegation of Atoms and the voting power attached to the delegated Atoms.
  • The Validator operator will never hold the Atoms as a consequence of the delegation. The Cosmos Hub protocol will put delegated Atoms in a vault during the lock-up period. The delegation of Atoms by the Delegator to the Validator operator does not involve any transfer of ownership of Atoms. Validator will never be in possession of the private key controlling the Atoms of their Delegators and will never come into possession of the Atoms. Delegators remain at all time the unique holder and owner of Atoms.
  • By delegating Atoms, the Delegator understands and agrees that as a consequence of a potential slashing faced by the Validator operator, Atoms could be lost partly or completely
  • The Delegator who wants to take basck its Atoms shall notify the Validator and wait for a 3 weeks period to recover the Atoms. During these 3 weeks, the Atoms cannot be used either by the Delegator nor by the Validator.
  • In order to ensure proper and efficient delegation, the Delegator will send a "Bond Transaction" to the Cosmos protocol specifying the identify of the Validator and the number of Atoms to be delegated.
  • Delegators who wants to retrieve their Atoms can do so at any time by sending an “Unbond Transaction” to the Cosmos Hub blockchain rand does not need to notify the Validator operator beforehand. The Delegator shall wait for a 3 weeks period (the “Unbonding Period”) to recover Atoms. During these 3 weeks, Atoms cannot be used by the Delegator (except in the case of switch as described in paragraph 4 below) and do not generate voting power for the Validator operator. During this period, they are still at risk of being slashed partly or entirely for faults committed by the validator before the start of said period.

Switch of Delegation

  • Delegating Atoms is not free of risk. Delegated Atoms are locked up, and retrieving them requires a 3 (three) weeks waiting period called unbonding period. However, the Delegators always have the possibility to switch from a validator operator to another.
  • In these circumstances, the Delegator will send a “Redelegate transaction” to the Cosmos Hub Blockchain requesting a transfer of the voting power delegated to a validator operator to another validator operator.
  • The switch of delegation is carried out without any delay. This means that Delegators can change validators at any time and can delegate Atoms previously delegated to a first Validator operator to another validator operator of their choice.
  • The Atoms will remained locked-up through this process.

Slashing of Atoms

  • In case of misbehaviour by the Validator operator, part of their delegated Atoms will be slashed (destroyed). Slashing will happen on all Atoms delegated to the Validator operator, including Atoms of the Delegators.
  • As a consequence of the slashing, Delegators can lose all or part of the Atoms they delegated to the Validator operator.
  • Please refer to Section "Risks" of the present Terms & Conditions to consider risk incurred by Delegators in case of slashing.
  • The Validator operator does not control slashing. Slashing is operated directly and automatically by the protocol of the Cosmos Hub protocol.
  • The faults of the Validator operator which could lead to slashing are “double signing”, where the Validator operator signs two blocks at the same height with the same ancestor, and “downtime”, where the validator node operated by the Validator operator has not signed 95% of the last 10.000 blocks.
  • It remains Delegators’ liability to carefully conduct due diligence on validators before delegating of Atoms.
  • A Delegator can unbound from the Validator operator or switch to another validator operator at any moment if they suspect they could be slashed. Delegated Atoms are liable to slashing for any fault committed before the switch or unbond.

Rewards

  • The Validator operator can be rewarded for operating a validator node. These rewards will come from inflationary Atoms and transactions fees collected and proportional to the amount of Atoms delegated to the Validator operator.
  • Delegators can be rewarded by delegating Atoms to the Validator operator, if the Validator operator has enough voting power to operate an active validator node.
  • Delegators receive rewards proportional to the amount of Atoms they delegate.
  • The commission is the percentage of the Delegators rewards to be attributed to the Validator operator. It is a public information.
  • The level of commission to be attributed to the Validator operator can be amended by the Validator operator applying specific criteria provided beforehand by the Validator operator. The commission is due to the Validator operator as a compensation of the validation service.
  • The maximum commission is the maximum level of commission to be attributed to the Validator operator. The Validator operator will not be in a position to set a level of commission exceeding the level of maximum commission. The maximum commission is a public information enforced by the protocol governing the Cosmos Hub blockchain.
  • The maximum commission change rate is the maximum daily change of the commission rate. The maximum commission change rate is a public information enforced by the protocol governing the Cosmos Hub blockchain.
  • The Validator operator will publish the maximum level of commission and the maximum change rate on the Website.
  • The Cosmos Hub protocol will attribute to the Delegator the remaining rewards after deduction of the commission due to the Validator operator.
  • In practice, the reward is attributed to the Delegator following a transaction from the Delegator requesting the recovery of the reward. The reward is attributed by the Cosmos Hub protocol on the wallet of the Delegator.

Governance

  • The cosmos Hub Blockchain has a specific and innovative governance system that lets Delegators vote on proposals. Governance of Cosmos Hub Blockchain is organised around Proposals, on which Delegators vote. There are three types of proposal:
    • Text Proposals: These are the most basic type of proposals. They can be used to get the opinion of the network on a given topic.
    • Parameter Proposals: These are used to update the value of an existing parameter.
    • Software Upgrade Proposal: These are used to propose an upgrade of the Hub's software.
  • Any Atom holder can also submit a proposal. In order for the proposal to be open for voting, it needs to come with a deposit that is greater than a parameter called minDeposit. The deposit needs not be provided in its entirety by the submitter. If the initial proposer's deposit is not sufficient, the proposal enters the deposit period status. Then, any Atom holder can increase the deposit by sending a "Deposit Transaction".
  • Once the deposit reaches minDeposit, the proposal enters the voting period, which lasts 2 weeks.
  • Any bonded Atom holder can then cast a vote on this proposal. The options are “Yes”, ”No”, “No With Veto” and “Abstain”. The weight of the vote is based on the amount of bonded Atoms of the sender. If they do not vote, the Delegator inherit the vote of their Validator operator. In other words, in the event whereDelegators do not vote, the Validator operator to whom they delegate can vote in lieu et place of them. However, Delegators can override their Validator operator’s vote by sending a vote themselves.
  • At the end of the voting period, the proposal is accepted if there are more than 50% “Yes” votes (excluding “Abstain” votes) and less than 33.33% of “No With Veto” votes (excluding “Abstain” votes).

Risks

  • Delegators understand that the Cosmos Hub Blockchain, Digital Assets, blockchain technology and other associated and related technologies are new and untested and outside of the Validator operator exclusive control and adverse changes in market forces or the technology, broadly construed, may prevent or compromise the Validator operator’s performance under these Terms & Conditions.
  • In addition to the above, they also acknowledge that they have been warned of the following risks associated with the Delegation, the Cosmos Hub Blockchain, the Atoms and other relevant technologies mentioned herein.

Legal risks

There is a risk that in some jurisdictions the Atoms might be considered to be a “security”, or other regulated investment now or in the future, or might be considered to be some other type of regulated instrument. The Validator operator believes, but does not give representations, warranties or guarantees, that Atoms are not a security or regulated investment in all jurisdictions. The Validator operator has diligently, to the best of their knowledge, already prohibited the delegation of Atoms by individuals and entities from jurisdictions where legal uncertainties regarding obtaining, delegating and usage of cryptographic tokens are unreasonably high (see section 6 of this Terms & Conditions). Each Delegator of Atom shall bear their own legal or financial consequences of Atom being considered a security or other regulated investment or instrument in their respective jurisdiction.

Based on the Validator operator current belief that the Atoms are not securities or other regulated investment when issued, the Validator operator does not intend to attempt to comply with securities or regulated investment offering laws in any jurisdiction; however, due to the continually changing regulatory environment worldwide, the Validator operator reserves the right to decide to register, obtain license, or otherwise take action to attempt to comply with any new law or regulation relating to the operation of validator nodes and Atoms which could have a material adverse effect on the Validator operator ability to operator a validator node.

Every Delegator is required and bound to determine themselves if delegating Atoms is legal in their jurisdiction, and hereby covenants and agrees not to delegate Atoms should such delegation not be legal in the relevant jurisdiction. If a Delegator determines that the delegation of Atoms under these Terms & Conditions is not legal in their jurisdiction, they should not delegate Atoms and should immediately stop using or possessing them if such case arises.

Risks associated with the Cosmos Hub Blockchain

Atoms are based on Cosmos Hub Blockchain. As such, any malfunction, unintended function or unexpected functioning of the Cosmos Hub Blockchain may cause the Atoms to malfunction or function in an unexpected or unintended manner. More information about the Cosmos Hub Blockchain is available at https://www.cosmos.network

Risk of unfavorable regulatory action in one or more jurisdictions

Blockchain technologies have been the subject of scrutiny by various regulatory bodies around the world, including but not limited to anti-money laundering and securities/investment regulations. The functioning of the Cosmos Hub Blockchain / Cosmos Hub network and associated blockchain networks and Atoms could be impacted by one or more regulatory inquiries or actions, including but not limited to restrictions on the use or possession of digital tokens like Atoms, which could materially impede or limit their existence, permissibility of their use and possession.

Risk of theft and hacking

Hackers or other groups or organizations may attempt to interfere with Cosmos Hub wallets, the Website or the Validator operation in any number of ways, including without limitation denial of service attacks, Sybil attacks, spoofing, smurfing, malware attacks, or consensus-based attacks. They hereby agree that the Validator operator shall have no liability for any such loss they incur as a consequence.

Risk of security weaknesses in the Websites and Cosmos Hub protocol source code or any associated software and/or infrastructure

There is a risk that the Website and Cosmos Hub protocol may unintentionally include weaknesses or bugs in the source code interfering with the use of or causing the loss of Atoms and the impossibility of benefiting from the services offered by the Validator operator.

Risk of weaknesses or exploitable breakthroughs in the field of cryptography

Advances in cryptography, or technical advances such as the development of quantum computers, could present risks to cryptocurrencies, Cosmos Hub Blockchain, Atoms, the Delegation, which could result in the theft or loss of Atoms or delegated Atoms.

Risk of Attacks

As with other decentralized cryptocurrencies, the Validator operator is susceptible to attacks, including but not limited to, long-range attacks, censorship attacks and other cartel based attacks.

Any successful attack presents a risk to the Atoms, expected proper execution and sequencing of Atoms, and expected proper execution and sequencing of blockchain contract computations in general. Despite the efforts of the Validator operator, the risk of known or novel attacks exists.

Risk of loss or misappropriation of Atoms

A seed, mnemonic, private key, or a combination of private keys, is necessary to control and dispose of Atoms stored in the Delegator's digital wallet or vault. Accordingly, loss of requisite private key(s) associated with the Delegator's digital wallet or vault storing Atoms will result in loss of such Atoms.

Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of a digital wallet or vault service used, may be able to misappropriate the Delegator’s Atoms.

Any errors or malfunctions caused by or otherwise related to the digital wallet or vault chosen by the Delegators' to receive and store Atoms, including the Delegator’s own failure to properly maintain or use such digital wallet or vault, may also result in the loss of Atoms. Additionally, the Delegator's failure to follow precisely the procedures set forth in these Terms and Conditions for delegating and receiving Atoms, including, for instance, if the Delegator provides the wrong address for delegating Atoms, may result in the loss of Atoms. The Validator operator may in no circumstance be liable for such loss of Atoms.

Risk of loss of value

Even though Atoms are not financial instruments, they might be awarded certain monetary value by the Delegator and the markets. The Validator operator gives no warranty in respect of Atoms value and warns the Delegators that value of Atoms may fluctuate and that Atoms may also lose their value entirely. There might be different reasons that would cause unfavorable fluctuations of the value of Atoms.

Risk of uninsured losses

Atoms are entirely uninsured.

Risks associated with the blockchain technology-based platforms

A blockchain technology based platform is provided as a service, i.e. the developers or any employees of Cosmos Hub Blockchain do not participate to the deployment, the operation or any other activity of such infrastructure. The Validator operator has no control over and may not take any action against such platforms, their technology, network or protocol. Any malfunction, unplanned function or unexpected operation of such blockchain technology based platform may cause malfunction in the delegation process or Atoms. In addition, it is expressly specified that no one can ensure or guarantee that the blockchain technology based platforms' source code used by the Cosmos Hub Blockchain be flaw-free. It may contain certain issues, flaws, errors, defects and bugs, which may alter or disable functionalities that can impact delegators. Such flaws may compromise the delegation process and consequently bring adverse impact on the services performed by the Validator operator. Finally, the blockchain technology based platform' source code may be amended from time to time by developers. It is not possible to foresee or guarantee the result of modification, update, or amendment. An unexpected outcome may arise with a result of a negative impact on the services performed by the Validator operator or the delegation of Atoms.

Risk of malfunctioning the Cosmos Hub Blockchain

Atoms are based on the Cosmos Hub Blockchain. It is possible that the Cosmos Hub blockchain malfunctions in an unfavorable way, including but not limited to malfunctions that result in the loss of Atoms.

Unanticipated risks

Cryptocurrencies and blockchains are new and partially untested technology. In addition to the risks set forth here, there are risks that the Validator operator cannot foresee and it is unreasonable to believe that such risks could have been foreseeable. Risks may further materialize as unanticipated, all of which could lead to loss of Atoms or unability for the Validator operator to operate its validator-node on the network.

Unforeseeable events

The Validator operator shall not liable for any loss, damage or other form of loss resulting from force majeure.

Force majeure shall be unforeseen and unexpected events that occur independently of the will of the involved parties and which the involved parties could not foresee when entering into relationship.

Insufficient interest in Cosmos Hub Blockchain and Atoms

It is possible that the Cosmos Hub Blockchain, Atoms or the Validator operator services will not be used by a large number of individuals, businesses and other organizations and that there will be limited public interest in the delegation of Atoms. Such lack of interest could impact the development of the Validator operator and its ability to operate its validator-node on the network.

There is no assurance that the Validator operator will be able to properly operate its validator-node on the Cosmos Hub Blockchain.

Atoms and the Validator operator services, as developed, may not meet Delegators' expectations

The Cosmos Hub Blockchain is currently under development and may undergo significant changes before release. Delegators’ expectations regarding the form and functionality of the Cosmos Hub Blockchain and Atoms may not be met upon release of the Website, deployment of the Cosmos Hub Blockchain, additional products and services for any number of reasons, including but not limited to a change in the design and implementation of the platform and execution and/or the Atoms.

No Ownership, Revenue or Governance Rights

Delegator understands and accepts that Atoms do not represent or constitute any ownership right or stake, share or security or equivalent rights nor any right to receive future revenues shares or any other form of participation or governance right in or relating to Castlenode.

Industry Risk: Limited operating history in an evolving industry

The Validator operator has no operating history in an evolving industry that may not develop as expected. Assessing its business and future prospects is challenging in light of the risks and difficulties it may encounter. These risks and difficulties include its ability to:

  • Navigate complex and evolving regulatory and competitive environments;
  • Increase the number of Delegators;
  • Successfully maintain and evolve internal controls to manage compliance with an evolving and complex regulatory environment;
  • Successfully develop and deploy new products;
  • Successfully maintain its funding strategy;
  • Favorably compete with other companies that are currently in, or may in the future enter, the public proof-of-stake Blockchains validation service industry;
  • Successfully navigate economic conditions and fluctuations in the Blockchain core technology market;
  • Effectively manage the growth of its business;
  • Successfully expand its business;
  • Continue to develop, maintain and scale the validation process and other products and services, if any;
  • Effectively use limited personnel and technology resources;
  • Effectively maintain and scale its financial and risk management controls and procedures;
  • Maintain the security of the validation process and the confidentiality of the information provided and utilized across above Cosmos Hub Blockchain;
  • Attract, integrate and retain an appropriate number of qualified employees.

Change in legislation

There can be no assurance that income tax laws and laws relating to the industry in which the Validator operator operates will not be changed in a manner which adversely affects the Validator operator' business plan.

Eligibility

  • The Website, the validation services are not offered for use to natural and legal persons, who are “residents” (as defined in applicable local regulation) or have their seat of incorporation (in each case “Restricted Persons”) in the following Restricted Countries: i) Republic of North Korea, and ii) non-cooperative countries from the Financial Action Task Force (FATF) list. The Validator operator is entitled to amend, alter or supplement the list of Restricted Countries at any time without prior notice to comply with relevant regulation on the matter.
  • Natural and legal persons with their habitual residence or seat of incorporation from the Restricted Countries shall not use the Website, delegate Staking token to the Validator operator and are prohibited from delegating Atoms. None of the activities of the Validator operator take place in the restricted Countries.
  • The Validator operator reserves the right to decide in its own discretion to adopt reasonable organizational and technical measures to assure that the Website and validation services are not available to Restricted Persons. Due to the validation services being offered on a public, decentralized network, the Validator operator and Delegators understand that there is a possibility that the Validator operator services be used by Restricted Persons. The Validator operator consequently explicitly prohibits Restricted Persons from using its validation services. The Validator operator shall not be held liable for any legal or monetary consequence arising of such use. Such persons using the Validator operator services and delegation process despite the prohibition shall on first request indemnify and hold harmless the Validator operator from any legal, regulatory or monetary consequence arising of their breach of the terms as described in the first item of this section. Restricted Persons shall immediately stop using the Validator operator services and leave the Website.
  • If they are using the Validator operator services on behalf of a legal entity, they for themselves and on behalf of such legal entity hereby represent and warrant to the Validator operator and its management (a) that they are not a Restricted Person, (b) that such legal entity is duly organized and validly existing under the applicable laws of the jurisdiction of its organization; and (c) they are duly authorized by such legal entity to act on its behalf.
  • Delegators further represent and warrant that they:
    • are of legal age to form a binding contract (at least 18 years old in most of the jurisdictions);
    • have full power and authority to accept these Terms & Conditions and in doing so will not violate any other agreement to which they are a party;
    • are not a Restricted Person;
    • have not been placed on any of the sanctions lists, published and maintained by the United Nations, European Union, any EU country, UK Treasury, US Office of Foreign Assets Control (OFAC) or any similar entity in any other country around the world;
    • will not use the Validator operator services or delegate to addresses of the Validator operator on the various network in which it operates if any applicable laws in jurisdiction of their habitual residence or incorporations prohibit them from doing so in accordance with these Terms & Conditions;
    • have a deep understanding of the functionality, usage, storage of cryptographic tokens, proof-of-stake blockchains, and blockchain-based software;
    • have carefully reviewed the content of this document and have understood completely and agreed with these Terms & Conditions;
    • have acquired sufficient information about the Validator operator services to make an informed decision to delegate their Atoms to the Validator operator;
    • agree with the terms set forth would confer the right to delegate Atoms, as set out in Article 3, and confer no other rights of any form with respect to the Validator operator, such as voting in its annual general meeting, right to dividends or other distribution or other financial or legal rights;
    • understand that the Castlenode Services would confer the right to delegate Atoms, as set out in Article 3, and confer no other rights of any form with respect to Castlenode, such as voting in its annual general meeting, right to dividends or other distribution or other financial or legal rights;
    • will make sure that their usage of the Validator operator services complies with applicable law and regulation in their jurisdiction, including, but not limited to, (i) legal capacity and any other threshold requirements in their jurisdiction for delegating their Atoms to the Validator operator and entering into contracts with us, (ii) any foreign exchange or regulatory restrictions applicable for acquiring and holding Atoms, and (iii) any governmental or other consents that may need to be obtained.

Financial regulation and cooperation with legal authorities and authorized financial institutions and regulators

  • The Validator operator believes that validation services are generally unregulated by any country other than the Restricted Countries, however the Validator operator is closely following changes to legislation in the most relevant jurisdictions in the world and intends to act accordingly, should regulatory changes impact its validation services. The Validator operator is not a financial institution and is currently not under supervision of any financial supervisory authority. The Validator operator does not provide any licensed financial services, such as investment services, capital raising, fund management or investment advice.
  • According to the foregoing, any Delegator subject to these Terms & Conditions is aware that they cannot expect judicial protection from the respective local regulator for damage or loss that might arise from the risks described in the Risks section
  • These Terms & Conditions as well as the Website, and any of their content do not constitute an offer or solicitation to sell shares or securities.
  • None of the information or analyses presented are intended to form the basis for any investment decision, and no specific recommendations are intended, and the Validator operator services and the Website are not, do not offer and shall not be construed as investment, securities, financial advice or financial products.
  • The Validator operator intends to use its best efforts to cooperate with any governmental legal authority or regulator or supervisory authority of any country, and also with all authorized financial institutions.

Liability of the Validator operator

Delegators hereby agree to the fullest extent permitted by law (for themselves, their successors and assigns) that, except in the case of gross negligence, the Validator operator and its affiliates and its respective officers, directors, advisors employees or agents shall not be liable to them or anyone else for any damages of any kind, including, but not limited to, direct, consequential, incidental, special or indirect damages (including but not limited to loss of revenues, slashing of Atoms, loss of reward or loss of profits, trading losses or damages that result from the offer, sale or use or loss of Atoms) or damages caused by the performance of validation services or data breach, even if the Validator operator has been advised of the possibility of such damages or losses, including, without limitation, from the use or attempted use of validation services. In no event will the aggregate liability of the Validator operator and its affiliates, either in contract, warranty, tort or other theory, exceed the commissions received.

Further, neither the Validator operator nor any of its affiliates will be responsible for any compensation, reimbursement, or damages arising in connection with: (a) Delegators’ inability to delegate Atoms to the Validator operator, including without limitation as a result of any termination or suspension of the validation services, including as a result of power outages, maintenance, defects, system failures or other interruptions; (b) the cost of procurement of substitute goods or services; (c) any investments, expenditures, or commitments by them in connection with these Terms & Conditions or their use of or access to the validation services; or (d) any unauthorized access to, alteration of, or the deletion, destruction, damage, loss or failure to store any data, including records, private key or other credentials, associated with to the Website.

Delegators will defend, indemnify, and hold harmless the Validator operator, its affiliates, licensors, if any and each of their respective employees, officers, directors, advisors and representatives (collectively the Validator operator Group) from and against any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorney fees) arising out of or relating to any third-party claim concerning these Terms & Conditions or their use of the Website and the validation services. If the Validator operator is obligated to respond to a third-party subpoena or other compulsory legal order or process described above, they will also reimburse the Validator operator for reasonable attorney fees, as well as the Validator operator’s employees’ and contractors’ time and materials spent responding to the third-party subpoena or other compulsory legal order or process at reasonable hourly rates.

The information, software and products included in or available through the Website may include inaccuracies or typographical errors. Changes are periodically added to the information herein. The Validator operator and/or its suppliers may make improvements and/or changes to the Website and the validation services at any time. The Validator operator makes no representations about the suitability, reliability, availability, timeliness, and accuracy of the Website, the information, validation services and related graphics contained on the Website for any purpose. To the maximum extent permitted by applicable law, the Website and all such information, software, products and related graphics are provided "as is" without warranty or condition of any kind. The Validator operator hereby disclaims all warranties and conditions with regard to the Website, the validation services and related graphics, including all implied warranties or conditions of merchantability, fitness for a particular purpose, title and non-infringement.

Honorability: the Validator operator believes that transparency, honorability and honesty of the team members is a key criteria for its success. In that respect, the Validator operator acknowledges that all the founders, shareholders and team members of the Validator operator benefit from the appropriate experience, reputation and honorability to operate the validator / oversee the validation services. In addition, the Validator operator undertakes that its senior managers have the necessary integrity to ensure a sound and prudent management of the Validator operator. In that respect, although the Validator operator is not a credit institution or an investment services provider, the Validator operator undertakes that its senior managers have not been convinced of any of the crimes or offenses listed under article L.500-1-II of the (French) Monetary and Financial Code.

In addition, the Validator operator may not be held liable for any of the following:

  • Use of the Validator operator services that are not compliant with the Terms & Conditions;
  • Non-performance, failure, malfunction or unavailability of the validation services due to a third party, or the Delegator’s breach of their obligations;
  • Indirect damages such as business loss or disturbance, slashing, operating loss, infringement of the trade mark, loss of profits;
  • Loss, disclosure or unlawful or fraudulent use of the Delegator signature by the Delegator or third parties;
  • Suspension of access or temporary or permanent suspension of the Cosmos Hub Blockchain (in particular, arising in the event where 2/3 of the validators would stop validating or from a request issued by an appropriate administrative or judicial authority);

Any malfunction, breakdown or abandonment of the Cosmos Hub Blockchain may have a material adverse effect on, but not limited to Atoms. Moreover, advances in cryptography, or technical advances such as the development of quantum computing, could present risks to the Cosmos Hub Blockchain, including the utility of Cosmos Hub Blockchain; The Validator operator reserves the right to substitute in the future an alternative network to replace the Cosmos Hub Blockchain if needed or if useful for the performance of its services.

Hackers or other malicious groups or organizations may attempt to interfere with the Cosmos Hub Blockchain or the Validator operator in a variety of ways, including, but not limited to, malware attacks, denial of service attacks, consensus-based attacks, smurfing and spoofing. Furthermore, because the Cosmos Hub Blockchain is based on an open-source software, there is a risk that a third party or a member of the Cosmos Hub Blockchain network may intentionally or unintentionally introduce weakness into the core infrastructure of the Cosmos Hub Blockchain, which could negatively affect the Cosmos Hub Blockchain and the services of the Validator operator.

Delegators warrant to the Validator operator that they will not use the Website, the validation services for any purpose that is unlawful or prohibited by these Terms & Conditions. They may not use the validation services in any manner that could damage, disable, overburden, or impair the Website or the Validator operator’s reputation.

The Validator operator also reserves the right to rectify any clerical error or omission in the Terms & Conditions binding it to the Delegator without entitling the Delegator to any compensation.

Liability of Delegators

Delegators acknowledge that they are solely liable for delegation and use of Atoms under normal conditions of use, and in accordance both with current legislation at the time and place of use, which they declare they are fully aware of.

Accordingly, they shall be deemed personally liable for any damaging consequences arising from the abnormal, noncompliant or unforeseeable storage, transfer or use of Atoms.

Delegators also acknowledge they have received all the necessary details from the Validator operator on the information and date they have communicated and are therefore solely liable for the delegation of Atoms.

Delegators will be solely and exclusively liable for the delegation of Atoms from their wallet address to the validator’s wallet address. The Validator operator shall not be held liable for any illegal or fraudulent use of the Delegators’ wallets.

Delegators will assume full responsibility for the consequences of any theft or misuse of their wallet address. Similarly, Delegators will assume full responsibility for the consequences of the loss of tokens as a consequence of a misuse of their wallet private key.

No guarantee

The delegation of Atoms by the Delegator may be suspended at any time as long as the Delegator keep an access to their private key and perform an Unbond Transaction to redeem the Atoms (3 weeks' notice period).

The Atoms have no other value and functionality than to obtain voting power to be used on the Cosmos Hub Blockchain. No guarantee is attached to the Atoms following attribution to the Delegator.

The Validator operator may not under any circumstances be held liable for any failure of the Cosmos Hub Blockchain that could result in the Delegator losing or being unable to use their Atoms.

However, the Validator operator shall take all the necessary care and diligence to provide the best quality of service in accordance with current business practice and state of the art. The Validator operator is solely bound by an obligation of means.

Taxes

All Delegators' factual and potential tax obligations relating to the use of the validation services are their concern and the Validator operator is not in any case and under no conditions bound to compensate for their tax obligations or give them any advice related to tax issues, including but not limited to what kind of filing or reporting they need to do with the competent tax authority, which taxes and to which extent they are obliged to pay, which tax exemptions they are eligible to etc.

Validation services performed by the Validator operator are not submitted to VAT.

Intellectual Property

The Validator operator retain all right, title and interest in all of its intellectual property, including inventions, discoveries, processes, marks, methods, compositions, formulae, techniques, information, source code, brand names, graphics, text, logos, images, information and data pertaining to the validation services (hereinafter: “Validator operator IP”), whether or not patentable, copyrightable or protectable in trademark, and any trademarks, copyrights or patents based thereon. They may not use any of our intellectual property for any reason, except with our express, prior, written consent.

These Terms shall not be understood and interpreted in a way that they would mean assignment of intellectual property rights, unless it is explicitly defined so in these Terms & Conditions.

All Validator operator IP is the property of the Validator operator and is protected by copyright, trademark and other laws that protect intellectual property and proprietary rights. They agree to observe and abide by all copyright and other proprietary notices, legends or other restrictions contained in any such content and will not make any changes thereto.

Delegators will not modify, publish, transmit, reverse engineer, participate in the transfer or sale, create derivative works, or in any way exploit any of the Validator operator IP, in whole or in part, found on the Website or associated validation services. The Validator operator IP is not for resale. Their use of the Validator operator IP does not entitle them to make any unauthorized use of any Validator operator IP, and in particular they will not delete or alter any proprietary rights or attribution notices in any Validator operator IP. They will use the Validator operator IP solely for their personal use, and will make no other use of the Validator operator IP without the express written permission of the Validator operator and the copyright owner. They agree that they do not acquire any ownership rights in any Validator operator IP. The Validator operator do not grant them any licenses, express or implied, to the intellectual property of the Validator operator except as expressly authorized by these Terms & Conditions.

Notices

To give the Validator operator notice under these Terms & Conditions, the Delegator must contact the Validator operator by email to notice@castlenode.com the Validator operator may update this email address for notices to the Delegator by posting a notice on the Website. Notices to the Validator operator will be effective one business day after they are sent.

All communications and notices to be made or given pursuant to these Terms & Conditions must be in the English language.

Miscellaneous

Materials, such as any Validator operator’s sheet and others, published in the Website or elsewhere, are not binding and do not – unless explicitly referred to herein – form part of these Terms & Conditions, and are of descriptive nature only.

The Validator operator will not be liable for any delay or failure to perform any obligation under these Terms & Conditions where the delay or failure results from any cause beyond their reasonable control, including force majeure, labor disputes or other industrial disturbances, electrical, telecommunications, hardware, software or other utility failures, earthquake, storms or other elements of nature, blockages, embargoes, riots, acts or orders of government, acts of terrorism, or war, changes in blockchain technology (broadly construed), changes in the Validator operator validation services or any other force outside of the Validator operator's control.

The Validator operator and the Delegator are independent contractors, and neither party, nor any of their respective affiliates, is an agent of the other for any purpose or has the authority to bind the other. .

These Terms & Conditions do not create any third-party beneficiary rights in any individual or entity.

The Delegator will not assign these Terms & Conditions, or delegate or sublicense any of his rights under these Terms & Conditions, without the Validator operator's prior written consent. Any assignment or transfer contrary to these Terms & Conditions will be void. Subject to the foregoing, these Terms & Conditions will be binding upon, and inure to the benefit of the parties and their respective successors and assigns.

The failure or omission by the Validator operator to enforce any provision of these Terms & Conditions will not constitute a present or future waiver of such provision nor limit its right to enforce such provision at a later time. All waivers by the Validator operator must be unequivocal and in writing to be effective.

Except as otherwise set forth herein, if any portion of these Terms & Conditions is held to be invalid or unenforceable, the remaining portions of these Terms & Conditions will remain in full force and effect. Any invalid or unenforceable portions will be interpreted to affect the intent of the original portion. If such construction is not possible, the invalid or unenforceable portion will be severed from these Terms & Conditions, but the rest of the Terms & Conditions will remain in full force and effect.

Applicable law: The Terms & Conditions shall be governed by and construed in accordance with the law of the Republic of France, without regard to its conflict of law principles.

Jurisdiction

Retail Delegator: means the Delegator who is not acting as a professional and which will use the validation services as a consumer.

In the event of a dispute between a Retail Delegator and the Validator operator, the Retail Delegator must notify Delegator Services Support at the address provided in Article 6.4 or at the following address: notice@castlenode.com , taking care to give correct contact details and to forward all information to enable the Validator operator to establish the cause and impact of the dispute. .

Should the dispute persist, the Retail Delegator may contact the European Commission online dispute resolution service at the following address: https://webgate.ec.europa.eu/odr/main/index.cfm?event=main.home.chooseLanguage. .

In the absence of an amicable settlement under which the Retail Delegator and the Validator operator have failed following a 30 days discussion period to find an amicable solution to a dispute, and for all disputes arising from these Terms and Conditions, jurisdiction shall be assigned to the court for the place of residence of the Delegator in France, or that of the place of actual validation services. In accordance with Article R.631-3 of the French Consumer Code cited below, the Delegator has a number of options, provided that he/she is a retail Delegator: Article R.631-3 of the Consumer Code: The Retail Delegator may refer a dispute either to one of the courts with jurisdiction under the Code of Civil Procedure, or to the court for the area where he/she lived at the time of conclusion of the contract or the occurrence of the event giving rise to the damage". .

In application of Article L.121-21-8 of the Consumer Code, the Retail Delegator expressly waives its right of withdrawal provided for under Article L.221-18 of the Consumer code.

Professional Delegator: means a professional not considered as a consumer. All disputes or claims arising out of or in connection with these Terms & Conditions including disputes relating to its validity, breach, termination or nullity, and any disputes or claims arising out of or in connection with the use of the validation services shall be settled by the Paris commercial Court in France.

The Delegators also waives their right to participate in a class action suit or a class action arbitration against the Validator operator or any of its affiliates.

These Terms & Conditions represent the entire agreement between the Delegator and the Validator operator regarding the subject matter of these Terms & Conditions, in particular use of the validation services for staking Atoms. These Terms & Conditions supersede all prior or contemporaneous representations, understandings, agreements, or communications between the Delegator and the Validator operator, whether written or verbal, regarding the subject matter of these Terms & Conditions. The Validator operator will not be bound by, and specifically object to, any term, condition or other provision which is different from or in addition to the provisions of these Terms & Conditions (whether or not it would materially alter these Terms & Conditions) and which is submitted by the Delegator in any order, receipt, acceptance, confirmation, correspondence or other document.

These Terms & Conditions are not boilerplate. If the Delegator disagrees with any of them, believe that any should not apply to the Delegator, or wish to negotiate these Terms & Conditions, please contact the Validator operator via e-mail and immediately navigate away from the Website and cease using the validation services. The Delegator's agreement to use the validation services and to delegate Atoms to the Validator operator shall constitute the Delegator's binding agreement with these Terms & Conditions, supported by valid and binding consideration.

Language

These Terms and Conditions have been translated into English for information purpose only and to facilitate their understanding by a greater number of the Delegators. Notwithstanding this translation, the parties expressly agree that in the event of a dispute, only the French version of these Terms and Conditions shall be authoritative.

Administrative information

CASTLENODE SAS
Address: 5, passage de l'Industrie – 92130 Issy-les-Moulineaux - France
E-mail: hello@castlenode.com

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