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 submit withdrawal requests at any time. However, withdrawals will be processed daily starting at 14:00 UTC, prior to the daily accrual calculation. Please note that assets may remain in staking for a period necessary to facilitate the expedited termination of contracts supported by the assets withdrawn from the credit pool.
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 withdraw your initial deposit from your Fixed Account only after the completion of the credit contracts secured by your staking deposit. Your deposit will be structured to align as closely as possible with the term and other parameters selected at the time of its creation within your Fixed Account.
2. Depending on the interest payment plan you have chosen, accrued interest will either be added to your account balance along with the initial deposit after the completion of the credit contracts secured by your staking deposit, or, if the Monthly Interest Payout feature is activated, will be automatically transferred to your wallet on a monthly basis, no later than the monthly anniversary of the initial Fixed Staking deposit opening date. The initial deposit will also be returned to your wallet upon the completion of the credit contracts secured by your staking deposit.
3. In the event of force majeure circumstances requiring early termination of your deposit upon your request, the financial department may process the termination within a period of 14 days or more. A penalty of 40% to 75% of the original deposit amount will be deducted from your account, and any profits earned during the deposit period will be forfeited. These penalties are applied to cover the losses incurred by Cryptonomy in returning funds that were used to finance our clients and partners. Cryptonomy reserves the right to refuse early termination of the deposit if such termination would result in losses exceeding the deposit amount.

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 your Launchpool contract's participation in active events. Any returns on your investments will be distributed based on the specified conditions and parameters of your Launchpool contract. The return of your initial deposit and the total amount of accrued returns will be processed after the complete conclusion of the events in which the assets from your contract are involved. This period is generally up to one year, but it may be extended as necessary to meet the contractual obligations. Please be aware that in some cases, the contract may be terminated earlier than the specified period, and you will receive the amount of your initial deposit and returns within 7 days following the contract termination.