# Megapool Staking Terms

Before using Megapool for staking and restaking, please carefully read the following general rules. Checking “I have read the rules” indicates that you understand and agree to the terms below:

1. **Staking and Redemption**

Megapool offers two modes: Open (liquid staking) and Fixed (fixed-term staking), with specific rules displayed on the platform.In Open mode, redeeming assets requires a cooling period. In Fixed mode, assets are locked for a set period and can be redeemed upon maturity.In Fixed mode, your staked position will generate an NFT, which is transferable. The NFT will be destroyed upon redemption.

2. **Rewards and Risks**

Rewards may include a base APR and additional incentives, with specific rates shown on the platform. Rates may fluctuate due to market conditions.Staking and restaking involve risks, including but not limited to market volatility, DVS project risks, smart contract risks, and NFT transfer risks.Please assess the risks independently. Megapool is not responsible for losses due to market or other uncontrollable factors.

3. **User Responsibilities**

You are responsible for ensuring the security of your wallet. Megapool is not liable for losses due to user errors or wallet security issues.You are responsible for covering network fees (Gas Fees) and other on-chain transaction costs.Ensure your actions comply with the laws and regulations of your jurisdiction.

4. **Platform Rights**

Megapool reserves the right to adjust rules, reward rates, or other services, with changes announced via platform notifications.If necessary (e.g., for security or market anomalies), Megapool may suspend services to protect user assets.

5. **Privacy Statement**

Your on-chain activity data (e.g., address, staked amount) may be publicly visible.Megapool does not store your private keys or sensitive personal information. Please take precautions to protect your privacy.

6. **Other**

These rules may be updated at any time, with the latest version displayed on the platform.For any questions, please contact the Pell Network support team.


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