General Risk Disclosures

Last Revised in December 2024

This General Risk Disclosure Statement (“Statement”) outlines the risks associated with the services offered by dStake (“Company,” “we,” “us,” “our,”) including the DIAM Wallet and its affiliates (collectively, the “Services”). This information is provided for your awareness and does not constitute investment, legal, or financial advice. dStake makes no representation that the Services described herein are suitable for you or that this information is reliable, accurate, or complete. dStake assumes no liability for financial outcomes based on the use of this information and advises against relying solely on it to make decisions.

The risks described below are not exhaustive and only highlight the general nature of risks associated with digital assets. Before engaging with cryptocurrencies or associated Services, users should conduct independent research and assessment based on their experience, financial resources, and goals.

Risk of Loss in Trading Crypto Assets

Engaging with crypto assets involves substantial risk, including the potential loss of your entire investment. Carefully consider your circumstances and financial resources before using the Services.

Crypto Assets Are Not Legal Tender

Most cryptocurrencies are not issued or backed by central governments or recognized as legal tender, leading to significant differences in acceptance and usage standards globally. Trust in these assets relies on decentralized networks and cryptography, and there is no guarantee that individuals or vendors will accept crypto assets as payment in the future.

Volatility and Uncertainty of Value

Crypto assets are highly volatile and speculative in nature. Price fluctuations can be extreme and unpredictable, often lacking fundamental justification. Users must understand the inherent risks of holding and trading these assets.

Liquidity Risk

Certain crypto assets may have limited liquidity, making it difficult to sell or exit positions during market volatility or downturns.

Market Risks and Manipulation

Crypto markets are susceptible to speculative bubbles, scams, fraud, and manipulation. Users must exercise caution and diligence in their transactions.

Cybersecurity Risks

The digital nature of crypto assets makes them vulnerable to cyber attacks, fraud, malware, and hacking. Users should safeguard their private keys, passwords, and account information and remain vigilant against phishing attempts and fraudulent schemes.

Technology Risks

Transactions involving crypto assets depend on complex and emerging technologies like blockchain. Risks include system failures, coding errors, and unforeseen exploits. Additionally, blockchain transactions are irreversible, meaning fraudulent or accidental transactions cannot be undone.

Third-Party Risks

Services may rely on third-party providers such as exchanges, custodians, or payment processors. dStake is not liable for any losses arising from these third-party providers.

Regulatory Risks

Cryptocurrency regulations are uncertain and vary significantly across jurisdictions. Changes in laws and policies can impact the availability, value, and use of crypto assets. Users must ensure compliance with applicable regulations in their jurisdictions.

Taxation and Reporting Obligations

Users are responsible for determining and fulfilling any tax obligations arising from their use of the Services. dStake does not provide tax advice and may disclose transaction details to authorities as required by law.

No Investment Advice

Information provided by dStake should not be considered investment advice. Users are solely responsible for assessing whether digital assets align with their financial objectives and risk tolerance.