Staking Rewards and Transactions. 1. Subject to the Terms, Xxxxxxxx agrees to provide to you, and you may obtain from and return to Yatripay from time to time, staking credits to support YTP transactions (each such provision of Funds, a “staking reward”). No staking reward will occur unless you meet or exceed any minimum balance requirements imposed by Yatripay for your Account. Moreover, notwithstanding anything to the contrary herein, Xxxxxxxx is under no obligation to make any staking rewards to you and may decline a request to claim staking rewards in its sole discretion.
2. When you use staking rewards and other bene1ts to eIectuate a transaction, you may be entering into a Digital Asset (YTP) purchase transaction with one or more third-party trader(s) on the Yatripay platform (each a “Counterparty”). For example, you might use the staking rewards from Yatripay to buy more tokens from a Counterparty. In executing such transactions, Yatripay facilitates the transfer of ownership of the applicable Funds from the Counterparty to you (such Funds -- e.g., the YTP in the preceding example -- “Received Assets”) by registering you as the owner of the Received Assets on Yatripay’s internal blockchain based book-entry system.
3. If you are not (or are no longer) eligible to receive staking rewards, each of your then-existing staking rewards will become due and must be terminated:
(i) on or before the 30th day after such credit bene1t was made; or (ii) immediately upon loss of eligibility if such Staking reward was made earlier than 30 days prior to the date on which you were no longer eligible.
Staking Rewards and Transactions. 1. Subject to the Terms, Crypto Smartlife agrees to provide to you, and you may obtain from and return to Crypto Smartlife from time to time, staking credits to support transactions (each such provision of Funds, a “staking reward”). No staking reward will occur unless you meet or exceed any minimum balance requirements imposed by Crypto Smartlife for your Account. Moreover, notwithstanding anything to the contrary herein, Crypto Smartlife is under no obligation to make any staking rewards to you and may decline a request to claim staking rewards in its sole discretion.
2. When you use staking rewards and other benefits to e"ectuate a transaction, you may be entering into a Digital Asset purchase transaction with one or more third-party trader(s) on the Crypto Smartlife platform (each a “Counterparty”). For example, you might use the staking rewards from Crypto Smartlife to buy more tokens from a Counterparty. In executing such transactions, Crypto Smartlife facilitates the transfer of ownership of the applicable Funds from the Counterparty to you (such Funds -- e.g., the Digital asset in the preceding example -- “Received Assets”) by registering you as the owner of the Received Assets on Crypto Smartlife’s internal blockchain based book-entry system.
3. If you are not (or are no longer) eligible to receive staking rewards, each of your then-existing staking rewards will become due and must be terminated: (i) on or before the 30th day after such credit benefit was made; or (ii) immediately upon loss of eligibility if such Staking reward was made earlier than 30 days prior to the date on which you were no longer eligible.
