Terms and Conditions for the KILT Stakeboard Web Application

Application of These Terms and Conditions

For all services provided by the KILT Stakeboard Software (the “Software” or the “KILT Stakeboard”) under the website https://stakeboard.kilt.io/ (the “Website”), these Terms and Conditions shall apply.

The Services are provided to you via software (the “Software”) created and run by the KILT Foundation (hereinafter referred to as “KILT Foundation”, “us”, “we” or “our”) as defined below. The software is published and you are free to check out the code under https://github.com/KILT-Foundation/stakeboard.

PLEASE READ THE TERMS AND CONDITIONS CAREFULLY TO ENSURE THAT YOU UNDERSTAND EACH PROVISION. IF YOU DO NOT AGREE TO ALL OF THE TERMS, DO NOT ACCESS OR USE THE SOFTWARE.

YOU ACCEPT THE TERMS AND CONDITIONS, EITHER BY CLICKING TO SIGNIFY ACCEPTANCE, OR BY TAKING ANY ONE OR MORE OF THE FOLLOWING ACTIONS: ACCESSING OR USING THE APPLICABLE SOFTWARE, YOU AGREE TO BE BOUND BY THE TERMS AND CONDITIONS.

YOU REPRESENT AND WARRANT THAT YOU ARE 18 YEARS OLD OR OLDER AND HAVE THE RIGHT AND AUTHORITY TO ENTER AND COMPLY WITH THE TERMS AND CONDITIONS.

What the KILT Stakeboard is

KILT Stakeboard allows you to manage your staking on the KILT Blockchain.

Therefore, you can

see how many stakeable KILT Coins you have in each of your identities or addresses
display how many you have staked with each of your identities or addresses
display which collator you back, with which identity or address
display how many KILT Coins you can still stake
prepare a transaction to stake or to increase or decrease your staking amount
have the transaction you would need for your changed staking amount calculated
transfer this prepared transaction to your wallet for signature to be processed by the KILT Blockchain.

Also, the KILT Stakeboard reads from the KILT blockchain or third-party applications and shows you

the stakes for each collator
stake of respective collator + delegators staked on them
ranking of the collators
which collator is/isn’t actively creating blocks.

The data generated in and for your staking activities is stored locally on your device. The balances displayed are based on the information currently stored on the KILT blockchain.

Access to the KILT Stakeboard is made through your wallet and all transactions prepared in the KILT Stakeboard will need to be signed via the wallet through which the KILT Coins are accessed.

Any rewards received for your staking will automatically go to the same identity or address where your stake comes from.

NOTE: Professional crypto staker

The KILT Stakeboard is aimed exclusively at professional crypto stakers who have familiarised themselves sufficiently with staking and the resulting rewards, as well as the prerequisites and calculation of these rewards in the KILT ecosystem, so that they fully understand the impact their actions on the KILT Stakeboard can have.

By using the KILT Stakeboard, you declare that you are a professional crypto staker, i.e. to act as entrepreneur and not in your capacity as a Consumer. Entrepreneur is any natural person or legal entity who, when using the KILT Stakeboard, acts in exercise of its commercial or self-employed professional activity.

Staking, Investment, Legal or Tax Advice

Nothing published by the KILT Foundation should be interpreted as staking or investment advice. KILT Foundation is in no way providing trading, staking or investment advice. Please consult with your appropriate licensed professional before making any financial transactions, including any investments related to ideas or opinions expressed, past, present, or future by the aforementioned entity and any existing or future entities that may operate under the parent entities. KILT Foundation does not intend to express financial, legal, tax, or any other advice and any conclusions drawn from statements made by, or on, KILT Foundation shall not be deemed to constitute advice in any jurisdiction. Information is provided for practical, educational and amusement purposes only.

Liability

The KILT Foundation is liable for damages that are based on an intentional or grossly negligent breach of duty by the KILT Foundation, its legal representatives or various agents.

In the event of a breach of essential contractual duties, KILT Foundation shall only be liable for the contractually typical, foreseeable damage if this was simply cause by negligence. Significant contractual obligations are those whose fulfilment enables the proper execution of the contract in the first place and whose compliance you can regularly rely on.

The limitation of the two preceding paragraphs also apply to the legal representatives and various agents of KILT Foundation, if claims are asserted directly against them. The liability limitations resulting from the two preceding paragraphs do not apply insofar as KILT Foundation fraudulently concealed the defect or assumed a guarantee for the quality of KILT Stakeboard.

Any additional claims for damages are excluded.

Risk information

The following risk information contains a list of risks associated with the use of KILT Stakeboard. The list is not exhaustive. It is not excluded that further unknown or unpredictable risks exist.

KILT Stakeboard is used on your system as a web application and to prepare transactions to be signed with your wallet. For the security of your wallet, it is essential that your system is not compromised with malware. Please make sure that this is the case, because malware running unnoticed in the background, for example a key tracker, represents a major security risk for you.

KILT Stakeboard communicates with the KILT Blockchain and depends on its functionality. Errors, dysfunctionalities, including failure of KILT Blockchain or the technical ecosystem in which it lives may adversely affect the KILT Stakeboard or the information available there.

KILT Stakeboard and in particular the underlying software application may be the subject of hacking or other malicious interference by unauthorised third parties resulting in the loss, theft or other violation of data.

Should you want to use the KILT Stakeboard in the version tested and finalised by us, always make sure to use it via stakeboard.kilt.io. Otherwise, there is a risk that a third party may unconsciously or knowingly incorporate errors leading to potential adverse consequences for the usability and functionality of their copy or amended version of the KILT Stakeboard not controlled by us anymore.

To be absolutely sure that the transaction is correct and reflects what you wanted, always check the information and data in your wallet before signing the transaction.

Communication via internet-based systems is fundamentally susceptible to data/information being read and possibly even changed. We have no influence on which processes (now and in the future) run in the background of the web browser used.

License

License to the Website:

License to the Software:

Redistribution and use in source and binary forms, with or without modification, are permitted provided that the following conditions are met:

Redistributions of source code must retain the above copyright notice, this list of conditions and the following disclaimer.
Redistributions in binary form must reproduce the above copyright notice, this list of conditions and the following disclaimer in the documentation and/or other materials provided with the distribution.
All advertising materials mentioning features or use of this software must display the following acknowledgement: Built on KILT.
Neither the name of KILT nor the names of its contributors may be used to endorse or promote products derived from this software without specific prior written permission.

Disclaimer: The Liability of the KILT Foundation is limited according to these Terms and Conditions.

(BSD 4-Clause)