ℹ️Section 9

9. Staking Program

TO THE FULL EXTENT PERMISSIBLE BY LAW, DOGAMÍ WILL NOT BE LIABLE FOR ANY LOSS OF PROFITS OR ANY INDIRECT, INCIDENTAL, PUNITIVE, SPECIAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR IN CONNECTION WITH THIS THIS STAKING PROGRAM. FURTHER, TO THE FULL EXTENT PERMISSIBLE BY LAW, DOGAMÍ'S AGGREGATE LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS WILL NOT EXCEED US $100.00. THESE LIMITATIONS AND EXCLUSIONS REGARDING DAMAGES APPLY EVEN IF ANY REMEDY FAILS TO PROVIDE ADEQUATE COMPENSATION.

9.1. DOGAMI offers as a Service the Staking Program. The Staking Program service is non-custodial, meaning the funds and assets are not custodied or possessed by DOGAMÍ. The User is responsible for maintaining the security of its own accounts and private keys at all times. DOGAMÍ will never ask for private keys in any circumstance. DOGAMÍ will not hold any Users' private keys at any moment and will not act as a custodian of the User's funds. The underlying smart contracts for the Staking Program are deployed and executed on a blockchain platform (,i.e., Tezos or Polygon). The platform, its programming language, and other software related to the smart contract can have vulnerabilities that can lead to hacks. Thus, DOGAMÍ cannot guarantee the explicit security of the smart contracts, and can not be held liable for any loss of funds.

9.2. The User(s) are solely responsible for establishing, providing or procuring, maintaining and supporting any Wallets, facilities, equipment and telecommunications and internet connections necessary to use the Staking service at https://marketplace.dogami.com/stake.

9.3. DOGAMI responsibilities:

9.3.1. DOGAMÍ operates the Staking in a diligent and professional manner in accordance with applicable IT industry standards. A technical audit of the smart contracts has been performed by reputable companies. As stated in section 9.1. DOGAMÍ cannot guarantee the explicit security of the smart contracts, and can not be held liable for any loss of funds.

9.3.2. DOGAMÍ will never ask for private keys in any circumstance. DOGAMÍ will not hold any User private keys at any moment and will not act as a custodian of the User’s funds.

9.4. User’s responsibilities:

9.4.1. The User will “stake” and “unstake” digital assets to one or several validators operated by DOGAMÍ. Digital assets can be staked or unstaked at the User’s discretion, however, in all cases, staked digital assets will be subject to the rules and conditions of the Supported Network Protocol. This includes but is not limited to flexible, lock-up, blocking, freezing periods, ineligibility to receive Staking Rewards for partial periods and minimum balances required.

9.5. Staking

9.5.1. Pursuant to Article 7, “Staking” is a way of earning Promotional Token Rewards. for holding DOGA and placing them in a smart contract. Staking allows a crypto holder deposit their crypto assets into a smart contract and earn rewards in case of an Effective Claim.

9.5.2. DOGAMI has reserved a pre-specified percentage of the total supply of the DOGA tokens (1 billion in total) for staking rewards that vest over a pre-specified amount of time. The purpose of this staking program is to incentivize Users to hold their DOGA. The User(s) do not contribute to the network nor to the chain in any technological function.

9.5.3. Staking consists here of locking DOGA tokens for a definite period of time agreed between the User and DOGAMÍ upon clicking “I accept the Terms & Conditions”.

9.5.4. The User agrees and accepts that exchange rates of the DOGAs can be volatile and that the exchange rates of the DOGAs displayed on our website may differ from those available to external sources outside of our website.

9.5.5. Digital Assets can be staked at the User’s discretion. However, in some cases, staked Digital Assets can be subject to limitations/restrictions. This includes but is not limited to lock-up fixed terms and flexible staking periods, ineligibility to receive Staking Rewards for partial periods, and minimum balances and Digital Assets amounts required.

9.5.6. DOGAMÍ reserves the right to determine minimum and/or maximum amounts to be staked in a single order indicating such restrictions here.

9.5.7. DOGAMI reserves the right to modify or discontinue any promotional practices at any time without notice or liability to the User. The User further agrees that any request for promotions or discounts based on past conduct shall not be binding on the Company and may be refused at the Company's sole discretion.

9.6. Staking rewards

9.6.1. Staking Rewards are paid out in Digital Assets. Rewards (amounts and payment frequency) are determined solely by the User using the DOGAMÍ staking interface.

9.6.2. Staking Rewards Payments are only paid out upon a manual claim ("Effective Claim") made by the user based on the User’s full and autonomous decisions to stake, unstake or restake. The User can hence claim its rewards at any time, also known as a flexible staking mechanism.

9.6.3. Such STAKING rewards do not compound automatically.

9.6.4. If the Users want the staking rewards to increase in a compound manner, the User(s) has to manually unstake and re-stake.

9.6.5. DOGAMI offer fixed-term staking where people can lock up their tokens for a fixed period of time (e.g., 90 days) in exchange for a higher staking reward. After the expiration of the lock-up, the user can claim his rewards. As a departure from article 9.6.1., the User will not be entitled to claim rewards in the case that she decides to unstake before the maturity of the term, it is specified that the User can unstake the initial staking amount at any time.

9.7. Unstaking

9.7.1. Subject to these Terms, the User may and perform an Unstake Operation regarding the respective amount of Digital Assets previously staked by the User. The unstaking operation provided by DOGAMÍ means the transfer of the respective amount of Digital Assets to the User’s Wallet, which has originally staked the amount.

9.7.2. After the User confirms (submits) Unstake Order to DOGAMÍ, such Unstake Order cannot be amended or cancelled.

9.8. Fees

9.8.1. The amount in DOGA is staked. No fees in XTZ TEZOS go to DOGAMÍ in staking. The only fees are gas fees in Tezos operated by the Network Protocol Tezos. 0% of the fee towards DOGAMÍ in the staking transactions however, this may change in the future subject to an update of the Terms & Conditions.

9.8.2. DOGAMÍ may, in its sole discretion, update the fees for the Staking service at any time. Any updated fees for the Staking service will apply to any of your use of the Staking service that occurs following the effective date of the updated fees. If no effective date for the updated fees is specified, then updated fees come into force immediately upon their publication.

9.8.3. Please ensure that the required fees due from you are available to the Network Protocol on the due date. If you do not have enough XTZ to pay the Tezos Network Protocol or any other amounts due, we reserve the right to suspend the provision of the Staking service to you until such fees/amounts due are paid to the Tezos Network Protocol.