Cryptonomy Earn Interest Product General Terms and Conditions

“Cryptonomy Interest Account” (hereinafter “Interest Account”) is a plan for deposits in Crypto Assets that allows You to earn interest on the listed Crypto Assets on specific terms and conditions depending on the particular chosen plan of Your Interest account.

“Cryptonomy Flexible Interest Account” (hereinafter “Flexible Account”) is a specific plan of Your Interest Account for making deposits in Crypto Assets that allows You to earn an annual percentage yield on the listed Crypto Assets held in Your Flexible Account in accordance with the present Terms.

“Annual percentage yield” (hereinafter “APY”) is the real rate of return earned on Your Interest Account taking into account the effect of compounding interest.

“Cryptonomy Fixed Interest Account” (hereinafter “Fixed Account”) is a specific plan of Your Interest Account for making deposits in Crypto Assets opened for a strictly fixed period that allows You to earn an annual rate on the listed Crypto Assets held in Your Fixed Account on terms and conditions that differ from the ones for Flexible Account.

1. You can deposit funds to Your Interest Account by transferring funds to the deposit address from Your Account on Cryptonomy or Your accounts on the websites of Cryptonomy`s partners. Deposit operations within the Cryptonomy platform shall be processed instantly.
2. As of the date of these Terms, the minimum deposit limits are subject to change according to the current limits applicable on the Platform. These limits may be viewed for each currency separately before making a deposit.

1. You are entitled to make withdrawal requests at any time, however, we shall start processing withdrawals daily at 14:00 UTC before the daily accrual calculation.
2. Your interest shall be calculated daily as long as any funds are available on Your Flexible Account, and the accrued interest shall be added to the account balance on the 1st day of the following month.
3. In any case, You reserve the right to withdraw all Your funds from Your Flexible Account and leave Your balance at a zero rate. The APY calculation and accruals shall be subject to discontinuation on the date of the withdrawal.

1. You reserve the right to return the initial deposit from Your Fixed Account only after the expiration of the chosen Fixed Account period. Your interest shall be scheduled until the payment day respective to the chosen period and other parameters of Your Fixed Account. The interest calculation and accruals shall be subject to discontinuation on the date of the expiry of the chosen Fixed Account deposit period.
2. Depending on Your chosen interest accrual plan, the scheduled interest shall be added to Your Account balance together with the initial Fixed Account deposit amount after the end of the chosen Fixed Account period or shall be automatically transferred to Your Wallet on a monthly basis, not later than the day of the monthly anniversary of Your Fixed Account initial opening date.
3. In the event of force majeure circumstances requiring premature termination of the deposit at Your request, the finance department may stop it within 14 days. A penalty ranging from 40% to 65% of the initial deposit amount will be deducted from Your account, and the profit earned during the deposit period will also be forfeited. This is because the company incurs losses when returning the funds used for financing our clients and partners, and these penalties will be used to cover the Cryptonomy`s losses.

1. By participating in Launchpool, you acknowledge and agree that the withdrawal of your initial deposit from your Launchpool account is only permitted upon the completion of the Launchpool contract period. Any profits from your investments will be allocated until the payment date based on the specified conditions and parameters of your Launchpool contract. The repayment of your initial deposit and the total amount of earned profits will be processed within the timelines specified in the contract, typically up to 1 year. Please note that in certain cases, the contract may be terminated earlier than the specified timeframe, and you will receive the initial deposit amount and profits within 7 days after contract termination.