Liquidity Staking Terms & Conditions

The Alpha Impact Liquidity Staking platform (“Liquidity Staking”) is an online service offered by Alpha Impact, in conjunction with our partner Ironworks BVI LTD d/b/a Ferrum Network.

The Liquidity Staking allows eligible persons to participate in events (each a “Liquidity Staking Event”) by contributing certain Virtual Assets to a Liquidity Staking Event, and in return, potentially receiving an allocation of Virtual Assets in respect of that Liquidity Staking Event.

By participating or attempting to participate in a Liquidity Staking Event (in both cases, “participating”), you confirm that you understand and agree to these Liquidity Staking terms and conditions (“Liquidity Staking Terms”), which form part of the Agreement.

Digital Asset compatibility: Alpha Impact has sole and absolute discretion to determine the Virtual Assets, if any, that are accepted for deposit in the Liquidity Staking liquidity pool (“Liquidity Pool”) and that are compatible with a Liquidity Staking Event, and has sole and absolute discretion to direct which Virtual Asset that are accepted by Alpha Impact in the Liquidity Pool shall be contributed for a Liquidity Staking Event. Any such determination and direction by Alpha Impact does not constitute an endorsement or recommendation in respect of any Virtual Asset.

Eligibility: To participate in a Liquidity Staking Event, you must acquire UNI V2 tokens representing Liquidity Pool tokens by sending Ethereum and Impact tokens to the Liquidity Pool on Uniswap. You can view a demo of how to do this here. You must also contribute the minimum quantity of Virtual Assets as stated on the website for that specific Liquidity Staking Event, and otherwise satisfy any additional Liquidity Staking Event terms as stated on the Website. Subject to this clause and those below, Alpha Impact has the sole and absolute discretion to determine access to a Liquidity Staking Event. Alpha Impact may publish Liquidity Staking eligibility criteria on the Website with respect to a Liquidity Staking Event, but is not bound by any such published eligibility criteria.

Prohibition: The following persons are prohibited from participating in any Liquidity Staking Event:

• Persons for whom participating in a Liquidity Staking Event would contravene Applicable Law.
• Persons that reside in, or are incorporated under the laws of, the following jurisdictions, as well any other jurisdictions that Alpha Impact declares to be a Liquidity Staking prohibited jurisdiction by any other means:the People’s Republic of China (mainland China);
• the United States of America
• British Virgin Islands
• Belarus, Burma, Cote D’Ivoire (Ivory Coast), Cuba, Democratic Republic of Congo, Iran, Iraq, Liberia, North Korea, Sudan, Syria, and Zimbabwe

No reasons or notice required of Alpha Impact: Alpha Impact is not required to give any reasons or notice before exercising any discretion that it may have in respect of a Liquidity Staking Event, whether under the Exchange Terms and Conditions, these Liquidity Staking Terms, or otherwise.

Events: Participation in a Liquidity Staking Event must occur within the dates and times, and in the time zone, designated by Alpha Impact in respect of that Liquidity Staking Event. Notwithstanding any such designation, Alpha Impact may amend, suspend, end or declare any Liquidity Staking Event completed, in whole or in part, at any time for any reason. Additional terms may apply for each Liquidity Staking Event. These additional terms will be stated on the Website, and are in addition to these Liquidity Staking Terms.

Contributing Virtual Assets to a Liquidity Staking Event: Only Virtual Assets that are compatible and accepted by Alpha Impact in the Liquidity Pool can be contributed to a Liquidity Staking Event. Notwithstanding compliance with this clause, Alpha Impact may refuse any contribution to a Liquidity Staking Event, in whole or in part, at any time for any reason. Alpha Impact may transfer, lend, pledge, repledge and otherwise deal with all contributed Virtual Assets in its sole and absolute discretion.

Withdrawal of contributed Virtual Assets: Virtual Assets that are contributed to a Liquidity Staking Event can be withdrawn from that Liquidity Staking Event at any time. However, withdrawal of contributed Virtual Assets at particular times may result in that participant receiving a reduced or no Virtual Asset allocation in respect of the relevant Liquidity Staking Event subject to the applicable allocation formula or rates as published on the Website.

Allocation formula or rates: Prior to the commencement of a Liquidity Staking Event, Alpha Impact will designate on the Website the rate that will be used to calculate the annualized percentage yield “APY” that will be allocated in respect of that Liquidity Staking Event. All calculations and determinations made by Alpha Impact are carried out in its sole discretion, and are final and binding in the absence of manifest error.

Allocation statements: Any statements made by Alpha Impact regarding allocations in respect of a Liquidity Staking Event are for illustrative purposes only. Any stated allocation may not reflect the final allocation (if any) that a participant may receive in respect of a Liquidity Staking Event. The final allocation will be notified to participants for acceptance or rejection.

Acceptance or rejection of allocated Virtual Assets: At the conclusion of a Liquidity Staking Event, a participant will have their LP tokens unlocked by the smart contract, at which point they will be returned to the participant. The participant’s IMPACT token rewards will be sent to the participant’s ERC20 address.

only receive the Virtual Assets allocated to them in accordance with clauses 9 if they expressly accept their allocation when requested to do so by Alpha Impact. Expressly accepted allocations will only be transferred to the relevant Account, and will not be transferred elsewhere by Alpha Impact. If an allocation is rejected, or if an allocation is not expressly accepted within the timeframe designated by Alpha Impact in accordance with clause 6, then that allocation is forfeited and will be disposed of by Alpha Impact in its sole and absolute discretion.

Early Termination: Some pools allow participants to withdraw liquidity at an earlier time with a penalty. Participants who withdraw liquidity from the pool early (prior to the completion of the entire pool as stated on the staking website during the registration period) agree to forfeit their entitlement to the full IMPACT reward allocation and accept the penalty rate.

Multiple simultaneous Liquidity Staking Events: In the event of multiple simultaneous Liquidity Staking Events, Alpha Impact has sole and absolute discretion to decide the apportionment of the contributed Virtual Assets among the Liquidity Staking Events.

Errors in allocations of Virtual Assets: If for whatever reason there are any errors in the calculation or transfer of allocations of any Virtual Assets to any participant, Alpha Impact will have the right to take remedial actions to correct the error, including but not limited to debiting any excess amount that was erroneously transferred to an Account out of such Account.

Fees: Fees and charges may apply in connection with a Liquidity Staking Event.

Power to revise: Alpha Impact may revise or cancel these Liquidity Staking Terms at any time.

Power to upgrade, downgrade or cancel: Alpha Impact may upgrade, downgrade or cancel the Liquidity Staking or access to it at any time. Notification: Alpha Impact will seek to notify material changes to the Liquidity Staking, a Liquidity Staking Event or these Liquidity Staking Terms on the Website, but any failure to do so does not result in any liability on Alpha Impact’s part.

Disclaimer of liability: Unless any Applicable Law prohibits Alpha Impact from excluding or limiting its liability or where the Loss is directly caused by its own gross negligence, fraud or wilful misconduct, Alpha Impact is not liable for any Loss incurred in connection with a Liquidity Staking Event.

No prospectus or solicitation: Nothing stated in these Liquidity Staking Terms or in respect of a Liquidity Staking Event is a prospectus or a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. Alpha Impact makes no representation regarding the regulatory or legal status of any Virtual Asset. Alpha Impact will not make any attempt to register any Liquidity Staking Event under any legal or regulatory regime, nor is Alpha Impact aware of any review of the Liquidity Staking by any regulatory authority in any jurisdiction. Alpha Impact does not hold itself out as carrying out any regulated activity in any jurisdiction. Under no circumstances do these Liquidity Staking Terms any other material relating to the Liquidity Staking or a Liquidity Staking Event constitute a recommendation or advice of any kind.

Due diligence: Before participating in a Liquidity Staking Event, a participant must conduct their own due diligence and ensure that their participation complies with Applicable Law, including with respect to Virtual Assets, Taxes and securities. By participating in the Liquidity Staking, a participant represents and warrant that it is lawful for them to do so.

Risk factors: The Liquidity Staking and each Liquidity Staking Event involves risks, some of which are set out in the Annex to the Exchange Terms and Conditions. In addition, the following risks may apply:

• Partial or total loss of Virtual Assets, or of any value attributed to Virtual Assets.
• Collapse in liquidity with respect to a Virtual Asset.
• Changes in the compatibility of a Virtual Asset with any Liquidity Staking Event.
• Regulatory uncertainty with respect to Virtual Assets and/or DeFi projects, and government action against Virtual Assets and/or DeFi projects, and persons involved in Virtual Assets and/ DeFi projects.
• Loss of Virtual Assets in any Liquidity Staking Event.

A participant must consider carefully whether the risks are acceptable before participating in a Liquidity Staking Event.