The services offered by Unos are intended solely for users who are 18 years and above, and who satisfy the criteria described in these Terms.
By using this website the user represents and warrants that they: (i) are 18 years of age or older; (ii) are not barred from using the website and its services under any applicable law. (iii) have full power and authority to agree to these Terms; and (iv) the services offered by Unos are not barred / prohibited in the jurisdiction where the User is a resident / citizen.
Unos has earmarked 23,500 tokens for the users to receive rewards for staking over Unos platform. Rewards will be distributed in proportion to the user’s stake provided that the reward pool is not exhausted. The user should note that once the reward pool is exhausted, no reward may be generated for staking by the user.
Rewards per day = (no. of tokens staked) × 0.27 ÷ 100
Rewards are calculated and distributed every 24 hours. On every new instance of UNOS staked, the user will not be able to unstake for a period of 24hours.
Upon the expiry of this 24hrs lock-in period, the user may unstake without any restrictions.
Users who wish to stake may do so after connecting their MetaMask Wallet to both Uniswap and www.unos.finance DApp and buying UNOS on Uniswap.
Users can stake any number of tokens i.e. there is no restriction on the minimum number of tokens to be staked.
Staking Fee: A fee at a rate of 0.5% is deducted from the staked UNOS at the time of staking. For example, when undertaking to stake 100 UNOS, 0.5 UNOS will be deducted, leaving 99.5 UNOS staked on www.unos.finance, on which the rewards are calculated.
Unstaking Fee: A fee at a rate of 1.0% is deducted at the time of Unstaking UNOS. That is, in the above example 1% of the staked tokens ( 1% of 99.5 UNOS) which amounts to 0.995 UNOS, is deducted. This leaves 98.505 UNOS tokens with the user, not including the rewards generated.
Other Transaction Fee: The user should note that there may be other transaction fees/ Gas fees to be paid on MetaMask to complete a staking transaction (and this is subject to MetaMask policies/ which is not levied by Unos)
In case the jurisdiction of the user’s residence demands taxes on revenues generated by crypto-currency transactions, it is the responsibility of the user to pay them. Unos is not responsible for any fees, duties, and other charges imposed by such or other jurisdictions. Upon staking the user automatically acknowledges this responsibility.
7. Governing Law and Dispute Resolution
7.1 These terms and conditions shall be governed by and construed in accordance with the
laws of Wyoming.
7.2 Any disputes relating to these terms and conditions shall be subject to the exclusive
jurisdiction of the courts of Wyoming.
8.1. If you need to give us notice of anything, including infringement of your rights, or any other non-compliance, please write to us at [email protected]
8.2. If we need to give you notice of anything, we shall write to you at the email address you provide to us.