clingswap.io Open in urlscan Pro
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Submitted URL: http://clingswap.io/
Effective URL: https://clingswap.io/
Submission: On March 19 via api from US — Scanned from SG

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Swap
Staking
Vault
Polygon


Seamless and Efficient Trading in Carrieverse Gaming Platform Earn Rewards
Smooth Than Ever Before
Trade, earn and explore the world of DeFi
Cling Swap
Buy, sell, and explore tokens on Polygon, Ethereum and more.
Start token swap with Cling
Cling Staking
From Single staking to Pair staking,
Stake the CVTX tokens you have in Cling.
Terms of Use


‘CLING SWAP’ SERVICE TERMS OF USE


ARTICLE 1 (PURPOSE)

 1. The purpose of these Terms of Use is to stipulate the rights and obligations
    and other necessary matters of the company and its members in using the
    staking service provided by CVTX Corp (hereinafter referred to as the
    'company').
 2. In the event of a conflict between these Terms of Use and any other Terms of
    Use of the company, these Terms of Use shall prevail in relation to the
    staking service.
 3. When a member uses the staking service, he/she is deemed to have agreed to
    these Terms of Use and to use the related services.


ARTICLE 2 (STAKING SERVICE)

The specific contents of the company's staking service are as follows.

 1. How to use the staking service
    * Members can use the staking service on the staking service detailed pages.
      The company may apply different service details (such as waiting period)
      for each staking and notify such on the detailed pages. Members should
      familiarize themselves with these details and decide whether to apply for
      the service.
    * Members can apply for the service according to the participation
      conditions (such as minimum quantity of participation, participation
      period) for each stake. If a member applies for staking, but there is a
      reason to restrict any participation, such as a change in the blockchain
      network's policy, a change in internal policy, or the occurrence of a
      security problem, participation in all or part of the staking quantity may
      be restricted.
    * Members shall agree that the contents of the staking service may change
      depending on the blockchain network, technology, environment, or external
      regulations.
    * Members can check the status of staking participation within the service
      using the account ID that was used for participating in staking
 2. Staking Period
    * If a staking period is specified, unstaking (termination of staking and
      return of virtual assets) is restricted during such specified period.
      Since there may occur any cases where unstaking is not possible or
      unstaking is possible only after deducting penalties due to blockchain
      network's policy, or the company's policy, members should need to refer to
      these cases on the detailed pages.
    * Members shall participate only after fully considering that there are
      risks such as fluctuations in the value of virtual assets during the
      staking period
 3. Members shall pay a fee for using the staking service. The service fee may
    be applied differently for each staking and will be announced on the
    detailed pages of the service.
 4. Transfer and Disposition
    * Members shall not dispose of all or part of the member's rights related to
      the staking service or its contractual status in any means, including
      transferring, assigning, or pledging those rights to a third party.


ARTICLE 3 (REWARDS FOR STAKING SERVICES)

 1. When the reward of the staking service of the blockchain network occurs, the
    company will pay after deducting any fees. The payment cycle may be changed
    due to the situation of the blockchain network or the security and technical
    conditions of the company, and members can check each changed payment cycle
    on the detailed pages for service
 2. Rewards that are less than the minimum unit of virtual assets will be
    calculated and paid by cutting.
 3. Staking rewards fluctuate at all times depending on the situation of the
    blockchain network and any other conditions and even if there are staking
    rewards, economic losses may occur if there are price fluctuations of the
    staked virtual assets. The company is not allowed to be involved in the
    reward policy of the blockchain network and does not make any guarantees
    about the level of rewards


ARTICLE 4 (CAUTIONS RELATED TO STAKING SERVICE)

 1. Regardless of the staking service, the value of the virtual asset itself,
    which is the subject of staking, may fluctuate, and any losses caused by
    fluctuations in the value of the virtual asset are attributable to the
    member and the company is not responsible for them
 2. Virtual assets are not fiat currency and their value is not guaranteed by a
    specific entity. In addition, virtual assets and products using virtual
    assets do not constitute financial investment products.
 3. Blockchain networks have inherent risks due to hacking and distribution of
    malicious programs. In the process of using this service, there is a
    possibility that the staked assets may be lost or not returned due to any
    reason unrelated to the company that may occur in the blockchain network,
    and the company is not responsible for such incidents unless there involves
    any intention or negligence on the part of the company.
 4. The staking service is a service that technically conducts the staking of
    the type of the virtual asset specified by the member in the blockchain
    network of such virtual asset. When selecting a virtual asset for staking,
    the member shall carefully decide whether to participate by referring to the
    information provided on the blockchain network, including the information
    provided on the detailed pages of this service
 5. Products using virtual assets may be associated with the price volatility of
    virtual assets, and the risk of losses may be very high, so when trading
    virtual assets, members should consider their trading purpose, financial
    situation, and trading experience before deciding whether to participate.
 6. The tax treatment of profits related to virtual assets is uncertain and may
    vary by country. In this case, the taxes (if any) incurred are the
    responsibility of the member. If the company is obligated to withhold taxes
    under applicable laws, it may deduct such amounts from the revenues and
    assets payable to the customer in order to fulfill its obligations under
    such laws. However, the company's failure to withhold such taxes does not
    mean that the member is not subject to taxation obligations. Member shall
    still be responsible for taxes and related reporting obligations at its own
    risk
 7. The company does not provide investment, legal, or tax advice to members in
    connection with participation in staking. Participation in staking services
    is solely determined by the member, and if advice is required, the member
    should consult an expert in the relevant field


ARTICLE 5 (LIMITATION OF LIABILITY)

 1. The service may be temporarily restricted or delayed due to the company's
    security and technical conditions or blockchain network conditions
 2. The company may change or suspend part or all of the services due to the
    enactment or revision of relevant laws and regulations, government policies,
    changes in blockchain network conditions or member protection measures.
 3. The company shall not be liable for any delay or withholding of compensation
    arising out of any of the following reasons.
    * Errors or delays occurring on the blockchain network for each virtual
      asset
    * Service failures due to reasons attributable to telecommunications
      carriers andsecurity companies
    * Accidents caused by hacking or malware distribution
    * Other reasons similar to above

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