Chain-Based Earning Service User Agreement

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In the rapidly evolving world of digital assets, OKX offers a powerful and user-friendly chain-based earning service that enables users to generate passive income through staking. This comprehensive guide outlines the terms, features, risks, and operational mechanics of the service while ensuring clarity, transparency, and compliance with global standards.

Whether you're new to crypto yield generation or an experienced participant in decentralized finance (DeFi), this agreement provides essential insights into how your digital assets are managed, how rewards are calculated, and what responsibilities and rights you hold as a user.


Overview of the Service

The chain-based earning service (referred to as “the Service”) is provided by OKX, allowing users to stake their digital assets on supported blockchain networks—commonly known as staking protocols—and earn rewards over time. By participating in the Service, you authorize OKX to manage your assets within defined parameters for optimal yield generation.

Using the Service signifies your full acceptance of this User Agreement. It governs your relationship with OKX and applies alongside the broader OKX Terms of Service. In any case of conflict between the two documents, this Agreement takes precedence.

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Key Definitions

To ensure clarity, here are the core concepts used throughout this agreement:

These definitions help frame how value is generated, tracked, and distributed under the Service.


Eligibility and User Responsibilities

Before using the chain-based earning service, you must meet certain eligibility criteria and acknowledge key responsibilities:

You Confirm That:

Additionally, you agree not to use the Service for:

You also accept that:


How to Use the Service

There are two primary ways to participate in the chain-based earning service:

1. Manual Staking

You can manually initiate staking orders on the OKX platform by selecting:

The platform will display expected rewards and minimum thresholds. Once submitted, orders typically cannot be canceled or modified.

2. Auto-Earning (Automatic Staking)

An automated alternative allows idle funds in your account to be staked automatically.

To enable Auto-Earning:

You can disable Auto-Earning anytime. However, previously staked assets must be redeemed manually.

⚠️ Note: OKX may request your consent to switch Auto-Earning to different protocols. Failure to respond may lead to termination of automatic staking without liability.

Reward Calculation and Distribution

Rewards begin accruing from the reward calculation date, which may differ from your order submission date. Key points include:

OKX deducts applicable service fees before distributing rewards. These fees may include costs passed down from underlying protocols.


Redemption Process

To redeem your staked assets:

  1. Submit a redemption request via the OKX platform.
  2. After submission, no further rewards accrue on the redeemed portion.
  3. Requests generally cannot be canceled or modified.

Redemption times vary depending on the protocol and market conditions—ranging from days to weeks.

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Fast Redemption Option

Available when sufficient liquidity exists, this feature allows faster withdrawal without waiting for standard unlock periods. However:


Service Modifications and Termination

OKX reserves the right to:

Such actions may occur due to:

Users will not be compensated for losses arising from such measures.


Risk Disclaimer and Limitation of Liability

While OKX employs robust security practices, several risks are beyond its control:

OKX Is Not Liable For Losses Caused By:

You acknowledge that transaction anomalies or market disruptions may occur. OKX also reserves the right to reject or cancel any instruction at its discretion.


Technology and Access Responsibility

OKX may temporarily restrict access for system upgrades or emergency maintenance. During such periods:

You are responsible for:

Despite best efforts, absolute data security cannot be guaranteed in a digital environment.


Prohibited Activities

OKX strictly prohibits unfair trading practices. Violations include:

Upon detection, OKX may:

No liability is assumed for losses resulting from enforcement actions taken to protect market integrity.


Compensation and Legal Jurisdiction

You agree to indemnify OKX and its affiliates against any claims, damages, legal fees, or losses arising from:

Legal disputes related to this Agreement are governed by the laws of England and Wales. If unresolved through negotiation, disputes will proceed to arbitration under the rules of the Hong Kong International Arbitration Centre (HKIAC). The arbitration will take place in Hong Kong, conducted in English with three arbitrators.


Updates and Final Provisions

OKX may update this Agreement at any time without prior notice. Continued use of the Service after changes are published constitutes acceptance. Conflicts between translated versions and the English version are resolved in favor of the English text.

If any clause is found invalid, the remainder of the agreement remains enforceable. No delay in exercising rights constitutes a waiver.

All section titles are for reference only and do not affect interpretation. The final authority in interpreting this Agreement rests with OKX.

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Frequently Asked Questions (FAQ)

Q: What happens if I don’t accept updated terms?
A: If you do not agree with revised terms, you must stop using the Service immediately. Continued usage implies acceptance.

Q: Can I cancel a staking order after submission?
A: No. Once confirmed, staking orders cannot be canceled, modified, or reversed.

Q: Are expected rewards guaranteed?
A: No. Expected rewards are estimates only. Actual returns may vary due to network conditions and protocol rules.

Q: How often are rewards distributed?
A: Distribution frequency depends on the selected protocol and market conditions. Rewards accumulate daily but may be disbursed less frequently.

Q: Is fast redemption always available?
A: No. Fast redemption depends on available liquidity and can be paused at OKX’s discretion without notice.

Q: Who owns the staked assets during the lock-up period?
A: You remain the beneficial owner of your assets, though they are locked within the staking protocol until redemption.


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