Examples of Crypto Assets in a sentence
BTCS expressly reserves the right to immediately terminate the Staking Services, or to liquidate, surrender, or transfer the Crypto Assets, whether staked or not, if the Client is subject to legal or regulatory proceeding(s) and/or if the regulatory environment is subject to changes that may risk, in BTCS' reasonable discretion, to cause BTCS to violate ap- plicable laws and regulations in the continued performance of the Staking Services.
Staked Crypto Assets that are subject to Slash- ing are typically burned and thus become inaccessible to network participants.
Rewards consist of (i) newly generated Crypto Assets dis- tributed by a PoS blockchain protocol for performing block- chain validation tasks, which may include validating trans- actions, collecting and bundling transactions into blocks, proposing, signing, voting on and/or attesting blocks as well as protocol-related governance tasks, and/or (ii) Crypto As- sets paid by PoS blockchain protocol users in the form of transaction fees.
There may also be Validator-spe- cific risks, such as that the Staked Crypto Assets are tempo- rarily or permanently not selected for block production, or that a Rewards cycle is missed out for operational or tech- nical reasons and therefore no Rewards are paid out to the Validator, or that the Staked Crypto Assets are subject to Slashing in part or whole by the decentralized protocol.
The amount and payout frequency of the Rewards usually depend on the Validator’s stake size, the actual successful participation in the consensus mechanism and the total amount of Staked Crypto Assets in the protocol as well as other factors defined by the specific PoS blockchain proto- col.