This Simple Earn Service Agreement (hereinafter referred to as ""this Agreement"") applies to the access to and use of the Simple Earn Services (as defined below) and related services provided by Zoomex Technology Limited (hereinafter referred to as ""Zoomex"", ""we"", ""us"", or ""our"") to you (hereinafter referred to as ""User"", ""you"", ""your"", or ""Lender""). This Agreement constitutes a legally binding agreement between Zoomex and you, serving as a supplement to our Zoomex Terms of Service (hereinafter referred to as the ""Terms of Service""). If you do not agree to any terms or conditions of this Agreement, you must immediately cease using the Simple Earn Services. By accessing or using the Simple Earn Services, you agree to be legally bound by this Agreement, the Terms of Service, and all other applicable terms, conditions, and rules related to the Simple Earn Services that we may publish from time to time.
Simple Earn Services: Refers to the service wherein users stake their held digital assets for flexible or fixed terms to earn yields based on the Annual Percentage Yield (APY) published by the platform.
1. Overview of Simple Earn Services
You may stake digital assets on the platform through the Simple Earn Services to generate yield returns. When subscribing to the Simple Earn Services, you may select either a ""Fixed"" or ""Flexible"" term. Zoomex is responsible for managing and operating the Simple Earn Services, ensuring the stable operation of the services, and providing you with yield opportunities.
2. User Authorizations and Acknowledgments
When subscribing to the Simple Earn Services, you acknowledge and agree to the following:
* During the term, any voting rights attached to your staked assets shall be assigned or delegated to Zoomex to enable us to better manage the assets and provide services to you.
* Zoomex may pool your staked assets with those of other users to optimize asset allocation and enhance yield potential.
* You irrevocably authorize Zoomex to handle your staked assets in any manner it deems appropriate to generate the published yield rates.
* Zoomex may, in its sole discretion, determine the following matters related to the Simple Earn Services from time to time:
* The minimum deposit amount of digital assets required to subscribe to the Simple Earn Services.
* The funding pool size for any specific Simple Earn Service.
* Any redemption period.
* Any redemption limit.
* Any subscription limit.
* Any Annual Percentage Yield (APY).
* Any handling fees or charges.
* You are the lawful owner of the digital assets deposited into the Simple Earn Services and guarantee that the source of the deposited digital assets is legitimate, free from any legal disputes or risks.
3. Acceptance of Risks and Losses
You understand and accept the risks and potential losses that may arise from using the Simple Earn Services, including but not limited to:
* Any losses you may suffer due to the inherent risks of being unable to trade digital assets. You are willing to bear the financial risks and potential economic losses arising from staking digital assets and subscribing to the Simple Earn Services.
* The expected yield displayed on the platform is a theoretical estimation and does not represent an actual yield guaranteed or promised by Zoomex. The actual yield may differ from the expected yield. Final distribution of yields remains at Zoomex's sole discretion, subject to the actual yield received by you.
* Zoomex makes no guarantees or commitments regarding the actual yields you may receive.
* Price volatility of digital assets and their derivatives may cause substantial or total losses within a short period; you must carefully evaluate your own risk tolerance.
* Technical anomalies may occur, delaying or obstructing your use of the Simple Earn Services or execution of related transactions, resulting in losses to your digital assets. We advise you to regularly review platform status and technical support updates to avoid potential technical issues.
* Market anomalies may occur, leading to losses in your digital assets. During periods of significant market volatility, you are advised to closely monitor market trends and adjust your investment strategies in a timely manner.
* To maintain market order, Zoomex may need to add, delete, or modify policies, the terms of this Agreement, or other related service agreements or terms from time to time. Any such changes may benefit or adversely affect you or other individual clients. We will make reasonable efforts to notify you of relevant changes in advance, but you are also required to regularly monitor platform announcements for the latest updates.
4. Reservation of Rights by the Platform
Zoomex reserves the right to take the following measures without prior notice:
* Temporarily or permanently restrict or prohibit your access to or use of the Simple Earn Services;
* Impose limitations on the Simple Earn Services you have subscribed to;
* Suspend or terminate the Simple Earn Services;
* Delay certain transactions within the Simple Earn Services.
You understand and agree that, to the maximum extent permitted by applicable law, Zoomex shall not be liable for any losses you may incur as a result of the aforementioned prohibition, restriction, suspension, or termination. We will take these measures when necessary to ensure the security and compliance of the platform while minimizing the impact on users.