Terms of Service

1. Introduction

Welcome to King Protocol, operated by KingProtocol.cc (“we,” “us,” or “our”). These Terms of Service (“Terms”) govern your access to and use of our website, https://kingprotocol.cc/, and all related services, including our decentralized restaking rewards protocol that acts as a vault for pooling restaking network protocol rewards and issuing vault share tokens (collectively, the “Platform”). By accessing or using the Platform, you agree to be bound by these Terms and our Privacy Policy. If you do not agree, you must not use the Platform.

2. Eligibility

To use the Platform, you must be at least 18 years old or of legal age in your jurisdiction to enter into binding contracts. You must not be prohibited from using the Platform under applicable laws, including those governing cryptocurrencies, blockchain technologies, or financial services. You are responsible for complying with all applicable local, national, and international laws, including anti-money laundering (AML) and know-your-customer (KYC) regulations, where required.

3. User Responsibilities

You agree to use the Platform only for lawful purposes and in accordance with these Terms. You are responsible for maintaining the security of your account credentials, private keys, and wallet addresses, as the Platform is non-custodial and we do not control your assets. You bear full responsibility for any losses resulting from unauthorized access. You must refrain from activities that could harm the Platform, including hacking, introducing malware, or attempting to exploit vulnerabilities. You agree to report any security vulnerabilities through our bug bounty program instead of exploiting them. We may suspend or terminate your access to the Platform if you violate these Terms or engage in activities that compromise the Platform’s integrity or security.

4. Platform Services

The Platform provides decentralized, non-custodial services for pooling and managing restaking rewards, subject to inherent risks.

Restaking Rewards Vault: The Platform acts as a vault that consolidates restaking rewards from various restaking network protocols into a single liquid token (vault share tokens). These tokens represent your share of the pooled rewards and can be traded or used in DeFi opportunities. This service reduces transaction costs and enhances liquidity but carries risks such as smart contract vulnerabilities or market volatility.

Staking and Restaking: You may stake or restake cryptocurrencies through the Platform to earn rewards. Staking and restaking involve risks like slashing penalties, network failures, or loss of funds, and we do not guarantee rewards.

Bug Bounty Program: Our bug bounty program rewards users for responsibly disclosing security vulnerabilities in our smart contracts or protocols. Program rules and reward details are available on the Platform.

Third-Party Integrations: The Platform may integrate with third-party wallets, decentralized exchanges (DEXs), or blockchain networks. We are not responsible for the performance, security, or policies of these third-party services.

5. Non-Custodial Nature

The Platform is non-custodial, meaning you retain full control over your cryptocurrencies, private keys, and vault share tokens. We do not hold, manage, or custody your assets. You are solely responsible for securing your wallet and private keys, and we are not liable for any loss of funds due to user error, theft, or compromised keys.

6. Cryptocurrency and Blockchain Risks

Market Volatility: Cryptocurrencies and vault share tokens used on the Platform are subject to significant price fluctuations, and we make no representations regarding their value or stability.

Smart Contract Risks: Platform services rely on smart contracts, which may contain vulnerabilities or bugs. You assume all risks associated with smart contract execution.

Irreversible Transactions: Blockchain transactions, including those involving vault share tokens, are permanent and cannot be reversed. We are not liable for losses due to incorrect wallet addresses, user errors, or network issues.

Regulatory Risks: Cryptocurrencies, restaking protocols, and DeFi platforms are subject to evolving regulations, which may impact your ability to use the Platform. You are responsible for ensuring compliance with applicable laws.

7. Security and Audits

Security Audits: We conduct regular audits of our smart contracts and protocols to enhance Platform security. However, audits do not eliminate all risks or vulnerabilities.

Bug Bounty Program: Our bug bounty program incentivizes ethical hackers to report vulnerabilities, contributing to Platform safety. Details are available on the Platform.

No Guarantee of Security: While we implement robust security measures, no decentralized platform is entirely secure. We are not liable for losses resulting from hacks, exploits, or breaches.

8. Intellectual Property

All content on the Platform, including text, graphics, logos, code, and smart contract designs, is owned by or licensed to KingProtocol.cc. You may not copy, reproduce, distribute, or create derivative works from this content without our prior written consent, except as permitted by applicable law.

9. Limitation of Liability

To the fullest extent permitted by law, the Platform is provided “as is” and “as available,” without warranties of any kind, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement. We are not liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of the Platform, including loss of funds, data, or profits. We do not guarantee the uninterrupted availability, accuracy, or security of the Platform or any third-party services integrated with it.

[](https://www.king.com/termsAndConditions)

10. Indemnification

You agree to indemnify and hold harmless KingProtocol.cc, its affiliates, officers, directors, employees, and agents from any claims, liabilities, damages, or expenses (including reasonable attorneys’ fees) arising from your use of the Platform, violation of these Terms, or infringement of any third-party rights.

11. Governing Law and Dispute Resolution

These Terms are governed by the laws of Delaware, USA. Any disputes arising from these Terms or your use of the Platform will be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. Arbitration will take place in Wilmington, Delaware, and you waive any objection to this venue.

12. Modifications to the Terms

We may revise these Terms at any time. Updated Terms will be posted on this page with a revised “Last Revised” date. Your continued use of the Platform after such changes constitutes acceptance of the revised Terms. We recommend reviewing this page periodically.

[](https://creativecommons.org/terms/)

13. Termination

We may suspend or terminate your access to the Platform at our sole discretion, with or without cause, and with or without notice. Upon termination, your right to use the Platform ceases immediately, and provisions of these Terms that by their nature should survive (e.g., limitation of liability, indemnification) will remain in effect.

14. Contact Us

For questions or concerns about these Terms or the Platform, please contact us at the email [email protected] or at our address: Crescent Horizon Tower, 15 Liberty Way, Suite 120, Wilmington, DE 19805, USA.