BEFASTER.FIT STAKING
Welcome to the Terms and Conditions (T&Cs) for the BeFaster.fit Limited Staking Protocol, which form part of the Company’s General Terms and Conditions.
Effective date: 16.02.2025, Claiming fee reduction T&C editing 06.03.2025 before active claiming possible.
A.1 PREAMBLE / INTRODUCTION
BeFaster.fit Limited is a provider of innovative blockchain solutions in the fitness mobile app sector. The main product is the decentralized application for mobile devices of the same name, which allows users to earn various financial rewards based on their physical performance, tracked through the sensors of their smartphones or wearables, such as smartwatches or running gear. These rewards are made available through various features of the app. The app and its features are fundamentally connected to the BeFaster.fit DeFi Protocol (see the T&Cs here), of which the staking protocol discussed here is an essential part.
Our staking protocol, as part of the BeFaster.fit DeFi Protocol, enables users to stake the platform’s native cryptocurrency BFHT (BeFaster Holder Token – Token ID) and, by participating in the staking protocol, receive staking rewards and contribute to the stability of the platform.
The BeFaster.fit staking rewards are provided cumulatively in the following ways:
Revenue share as app revenue
VIP bonus within the decentralized BeFaster.fit app
All terms and details of both staking rewards are outlined below in these T&Cs.
Through these T&Cs, we aim to regulate the rights and obligations of users and ourselves as the provider within the framework of using our staking protocol. We place great emphasis on offering our service transparently, securely, and in compliance with applicable European and Maltese legal regulations, particularly the Markets in Crypto-Assets Regulation (MiCA).
These T&Cs apply to all users of our staking protocol and will be binding upon your agreement at the time of registration or use of the protocol. Please read these terms carefully before proceeding.
Company Information:
Company Name: BeFaster.fit
Company Address: 4 Vincent Dimech Road, Floriana FRN 1504, Malta
Registration Number: C 95624
Contact: info@befaster.fit +356 7954 9611
Licensing: Registered
If you have any questions or concerns about these terms or the use of the staking protocol, please contact our support team at support@befaster.fit.
A.2 DEFINITIONS
The following definitions are provided for clarification and to facilitate the understanding of these Terms and Conditions (T&Cs):
Staking: The process by which a user deposits cryptocurrencies into a protocol to contribute to the efficiency and stability of the BeFaster.fit platform and, in return, receives rewards.
User (Staker): Any natural or legal person who utilizes the BeFaster.fit staking protocol and deposits cryptocurrencies to participate in the staking process.
Staking Rewards: The financial returns, tokens, or app-related benefits that a user receives in exchange for participating in the staking process. The amount of rewards depends on various factors, including the amount staked, the generated revenue, and the total amount of the overall stake.
Smart Contracts: Automated and immutable programs on the blockchain that govern the staking process, including the deposit, distribution of rewards, and management of risks.
Cryptocurrency (Token, Coin): A digital asset utilized within the blockchain protocol. In the BeFaster.fit protocol, only the platform’s native token BFHT can be used.
BFHT (BeFaster Holder Token): The native token of the BeFaster.fit protocol on the Binance Smart Chain (BSC) with a limited, non-expandable supply. It is the exclusive token that can be staked within the protocol and entitles the holder to a share of the app revenue.
Total Value Locked (TVL): The total sum of cryptocurrencies deposited within the staking protocol that contribute to the platform’s stability.
Annual Percentage Yield (APY): The annual return a user can expect on their staked capital. The APY takes into account both the staking rewards and the compound interest effect.
Wallet: A digital wallet used for the secure storage of cryptocurrencies and interaction with the staking protocol.
Protocol Change: Any adjustment or further development of the staking protocol made by BeFaster.fit to improve functionality, security, or efficiency.
Blockchain Network: A decentralized, cryptographically secured network that validates transactions and forms the foundation for the staking protocol.
A.3 SCOPE
A.3.1 SCOPE OF APPLICATION OF THE TERMS AND CONDITIONS
These Special Terms and Conditions (T&Cs) apply to the use of the staking protocol provided by BeFaster.fit. They govern the rights and obligations of all users (natural or legal persons), as well as the conditions for access to and use of the staking services offered.
A.3.2 GEOGRAPHICAL SCOPE
The use of the staking protocol is generally possible worldwide, subject to any legal restrictions in specific countries. The T&Cs and the use of the protocol are subject to the legal requirements of the European Union, including the Markets in Crypto-Assets Regulation (MiCA), as well as Maltese law.
A.3.2.1 PROHIBITION OF USE FOR CITIZENS OF SANCTIONED OR RESTRICTIVE COUNTRIES
The use of the staking protocol is prohibited for individuals from certain countries or regions where the provision or use of cryptocurrency services is legally restricted. This includes, in particular, countries that are prohibited under the EU sanctions lists or other relevant international sanctions regulations.
A.3.2.2 DETAILED OVERVIEW OF RELEVANT MALTESE LEGISLATION
Under Maltese law, the following regulations are particularly relevant:
Virtual Financial Assets Act (VFA Act):
The Maltese VFA Act (Chapter 590 of the Laws of Malta) regulates the provision of services related to Virtual Financial Assets (VFAs). BeFaster.fit commits to complying with the requirements of the VFA Act, including:
Registration as a service provider.
Compliance with transparency, risk warnings, and disclosure requirements to users.
Implementation of measures to prevent money laundering and terrorist financing (AML/CFT).
Malta Financial Services Authority (MFSA) Guidelines:
The guidelines issued by the MFSA set additional requirements for service providers in the crypto-assets sector, such as:
Technical security measures to ensure the integrity of the protocol.
Obligation to provide clear and understandable information to users.
Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR):
BeFaster.fit commits to complying with the applicable Maltese regulations on preventing money laundering and terrorist financing in accordance with the Prevention of Money Laundering and Funding of Terrorism Regulations (PMLFTR), insofar as they are applicable to a decentralized staking protocol.
As BeFaster.fit is not a financial institution or custodial service provider, it does not conduct its own KYC or AML procedures. However, participation in the staking protocol requires the use of a compatible wallet provided by a third-party provider. These wallet providers are responsible for ensuring compliance with the relevant KYC/AML requirements.
Should BeFaster.fit be required by regulatory changes to take further actions to comply with the PMLFTR, these will be implemented accordingly, and users will be notified.
Consumer Affairs Act (Chapter 378):
The Consumer Affairs Act requires service providers such as BeFaster.fit to ensure that the T&Cs are fair, transparent, and understandable, and that they do not impose unreasonable conditions on users.
Electronic Commerce Act (Chapter 426):
This act governs the electronic provision of services and ensures that digital contracts are legally binding and enforceable electronically.
A.3.3 USER RESTRICTIONS
The use of the BeFaster.fit staking protocol is prohibited for individuals and companies from certain countries where the use of cryptocurrencies, DeFi protocols, or staking is restricted or prohibited by local legal or regulatory provisions.
BeFaster.fit takes reasonable technical measures to restrict access to the BeFaster.fit web platform from excluded countries. These include, in particular, IP address blocking and geolocation filters, as far as technically feasible.
These measures apply exclusively to platform access and do not necessarily prevent access to the staking protocol itself, as it is operated via a public blockchain. Users are responsible for ensuring that they do not use the staking protocol in violation of the legal regulations of their country of residence and do not employ technical bypass methods.
BeFaster.fit commits to continuously monitoring emerging technical innovations and regulatory developments, integrating them into our system in a timely manner to ensure compliance with these restrictions.
We expressly inform all users that they are obligated to comply with the legal requirements of their respective jurisdiction. Any circumvention of these restrictions using technical means, such as VPNs or other obfuscation technologies, is strictly prohibited. Should BeFaster.fit discover that a user is violating applicable law or using technical measures to bypass access restrictions, BeFaster.fit may restrict access to the web platform and its functions.
Due to the decentralized nature of the staking protocol, individual blocking of wallet addresses or transactions is not possible. However, BeFaster.fit may take actions within regulatory obligations to report violations or, if required, temporarily block the wallet through the emergency function on the blockchain level.
If legally required, BeFaster.fit reserves the right to disclose relevant information to competent authorities.
A complete list of excluded countries is included in the annex of these Terms and Conditions.
A.3.4 ACCEPTANCE OF THE TERMS AND CONDITIONS
By registering and using the staking protocol, users agree to the terms and conditions set forth herein. If a user does not agree to these terms, they are required to immediately cease using the protocol.
A.3.5 PRIORITY OF THE DIGITAL VERSION
These Terms and Conditions are provided in electronic form and take precedence over printed or otherwise communicated versions. Any changes or updates to the Terms and Conditions will be published exclusively in digital form on the official BeFaster.fit platform and will be binding for all users.
A.3.6 ACCEPTANCE OF THE TERMS AND CONDITIONS
By registering and using the staking protocol, users agree to the terms and conditions set forth herein. If a user does not agree to these terms, they are required to immediately cease using the protocol.
A.3.7 PRIORITY OF THE DIGITAL VERSION
These Terms and Conditions are provided in electronic form and take precedence over printed or otherwise communicated versions. Any changes or updates to the Terms and Conditions will be published exclusively in digital form on the official BeFaster.fit platform and will be binding for all users.
A.4 DATA PROTECTION AND KYC PROCEDURES
A.4.1 NO KYC BY BEFASTER.FIT
BeFaster.fit does not conduct its own Know-Your-Customer (KYC) procedure and does not collect any personal identification data from users.
Participation in the staking protocol is exclusively possible through non-custodial wallet providers. To enter or exit cryptocurrency, users may utilize regulated exchanges where KYC is mandatory.
A.4.2 PROCESSING OF TRANSACTION AND BLOCKCHAIN DATA
BeFaster.fit does not store or process personal data of users. All staking and distribution transactions are processed in a decentralized manner on the blockchain. The transactions are publicly visible to third parties, but no direct connection is made between a wallet address and the identity of a user by BeFaster.fit.
A.4.3 USE OF DATA FOR ANALYSIS PURPOSES
BeFaster.fit may use aggregated and anonymized data for the analysis and optimization of the staking protocol. This data does not contain personal information and is used solely to improve the offering.
A.4.4 USE OF WEBSITE AND TRACKING TECHNOLOGIES
If BeFaster.fit provides a website or platform, cookies or analytics tools may be used. Users have the right to object to the use of these technologies, where technically possible. More information is available in BeFaster.fit’s separate privacy policy.
A.4.5 USERS’ RIGHTS UNDER GDPR
Users have the right to request information, rectification, restriction, or deletion of their personal data, to the extent that BeFaster.fit stores such data, which, however, does not occur within the staking protocol.
BeFaster.fit is not responsible for the privacy policies of the wallet providers used.
Inquiries related to personal data or KYC procedures must be directed to the respective wallet provider or third-party service providers.
A.5 CLASSIFICATION AND DESCRIPTION OF THE STAKING MODEL
A.5.1 OVERVIEW AND DISTINCTION
The BeFaster.fit staking protocol fundamentally differs from the commonly known staking models in the blockchain ecosystem. It does not serve to secure a network or validate transactions, but is an integral part of the BeFaster.fit ecosystem and supports the business purpose of motivating people to engage in more physical activity and adopt a healthier lifestyle.
Staking at BeFaster.fit is divided into two categories:
- Staking for revenue sharing.
- Staking for in-app bonuses on VIP packages.
A.5.2 STAKING FOR REVENUE SHARING
Users who stake BFHT (BeFaster.fit Token) receive a share of the daily platform revenue.
Distribution: 50% of the daily platform revenue is distributed to the stakers.
Calculation basis:
- The individual distribution is based on the following factors:
- The total amount of revenue to be distributed (dynamic and not guaranteed).
- The total number of BFHT tokens staked by all users (Total Value Locked, TVL).
- The amount of BFHT tokens staked by the individual user in relation to the TVL.
Important notes:
There are no guaranteed distributions. The amount of distribution depends entirely on the platform’s revenue and the staking ratio. The revenue-sharing model is based on a fully automated process controlled by multiple smart contracts. These smart contracts calculate the distributions based on defined parameters and ensure a transparent and tamper-proof distribution.
The BFHT token is classified as a utility token according to the Markets in Crypto-Assets Regulation (MiCA) and the corresponding Maltese regulations.
A.5.3 STAKING FOR IN-APP BONUSES ON VIP PACKAGES
Users who stake BFHT can unlock in-app bonuses for using VIP packages. These bonuses serve as an incentive mechanism and are fully restricted to the use of the BeFaster.fit platform.
Possible bonuses include:
- Discounts on VIP packages.
- Access to advanced features or exclusive areas of the app.
- Enhanced usage capabilities within the platform.
The scope and amount of bonuses depend on the number of BFHT tokens staked and the specific rules of the VIP packages. These processes are also automated via smart contracts.
A.5.4 LEGAL NATURE OF BOTH STAKING VARIANTS
For revenue-sharing staking:
The BeFaster.fit staking protocol is a decentralized blockchain application that is used without a direct contractual relationship between BeFaster.fit and the user. BeFaster.fit only provides the technical infrastructure. Users interact autonomously with the smart contract and have no individual contractual entitlement to a specific payout or return.
For VIP staking:
In VIP staking, a contractual relationship is established between BeFaster.fit and the user, as staking grants discounted use of VIP packages within the BeFaster.fit app. BeFaster.fit is obligated to provide the respective discount according to the staking conditions as long as the conditions are met. Changes to the VIP conditions will be communicated in advance through the app or website.
A.5.5 DISTINCTION FROM OTHER MODELS
The BeFaster.fit staking model is clearly distinguished from other mechanisms typically used in DeFi protocols or blockchain projects.
No security mechanism: Staking does not serve to secure a blockchain network or validate transactions.
No yield farming or liquidity mining: There are no guaranteed interest or yield returns. All distributions are based solely on actual platform revenue.
No derivatives or payment protocols: Staking is not classified as a financial instrument or payment service under EU and Maltese regulatory definitions.
Utility token function: The BFHT token is not used for value storage, as a means of payment, or as an investment instrument. Instead, it serves to promote platform activities and support the BeFaster.fit business purpose.
A.5.6 BUSINESS PURPOSE AND MARKET VALUE MANAGEMENT
The BeFaster.fit staking system combines revenue generation, market dynamics, and long-term user incentives into an innovative model that fosters both business growth and token stability. Through the automated buy-back-and-distribute mechanism, a direct correlation between economic success and token value is created, enabling sustainable and transparent value appreciation.
A.5.6.1 SUPPORTING THE BUSINESS PURPOSE
The BeFaster.fit staking model is inseparably linked to the platform’s business model and actively supports the overarching business purpose. This includes:
- Long-term user retention: Staking creates financial incentives to actively engage with the platform and continuously participate in developments.
- Direct participation in value creation: Users who stake BFHT benefit directly from the platform’s financial success.
- Sustainable ecosystem: Revenue sharing ensures fair value distribution and strengthens community trust in the token economy.
- Dynamic incentives: In-app benefits and revenue sharing create a dual mechanism that promotes both long-term holding incentives and short-term usage incentives.
A.5.6.2 MARKET VALUE MANAGEMENT OF THE BFHT TOKEN THROUGH BUY-BACK-AND-DISTRIBUTE
The BeFaster.fit staking system includes an automated buy-back-and-distribute mechanism that generates direct purchasing power for BFHT in the market, offering strategic advantages for market value development. This includes, on the one hand, the protocol’s automated purchasing power using crypto and fiat earnings from the app. On the other hand, dynamic scarcity and the continuous buy-back of BFHT create constant demand in the open market, reducing the freely available supply, which can have a stabilizing or even value-boosting effect on the BFHT price.
The incentive to stake reduces the sales dynamics, as staking rewards are already funded through buy-backs, leading to fewer BFHT being released from other sources into the market, thus reducing selling pressure. Users who re-stake their staking rewards amplify the positive effect on the TVL (Total Value Locked).
A.5.6.3 CONNECTION BETWEEN BUSINESS DEVELOPMENT AND TOKEN VALUE
The BeFaster.fit staking model links the stability of the staking system, the potential value increase of the BFHT token, and the financial incentivization of physical activity. Through the distribution of revenue sharing in BFHT, stakers benefit from both regular rewards and the potential appreciation of the token, enhanced by the buy-back-and-distribute mechanism.
As the app’s usage grows, the buying power for the BFHT buy-back increases, which can strengthen the token’s value and increase the incentive to stake. Since rewards are paid in BFHT, a holding incentive is also created, stabilizing both the staking system and the market value.
This connection between movement, staking, and market value creates a sustainable ecosystem that supports BeFaster.fit’s mission – encouraging more physical activity through financial incentives – in the long run.
A.6 TERMS OF PARTICIPATION
A.6.1 GENERAL REQUIREMENTS FOR PARTICIPATION
Participation in the BeFaster.fit staking program is only available to users who meet the following conditions:
- Minimum Age: Participants must be at least 18 years old and have full legal capacity.
- Residency and Legal Eligibility: The use of the staking program is only permitted in countries where staking and the ownership of cryptocurrencies are legally allowed. Users residing in or tax residents of countries with regulatory restrictions on cryptocurrencies or staking models are excluded from participation.
- Required Wallet with KYC Verification: Participation in the staking protocol is done through non-custodial wallets (e.g., MetaMask, Trust Wallet). Users are aware that entry and exit from the cryptocurrency market are conducted via regulated exchanges or financial service providers subject to KYC and AML requirements.
fit itself does not conduct any registration, identity verification, or KYC processes. All identity checks and legal and regulatory requirements (e.g., KYC/AML) are entirely the responsibility of the respective wallet providers. - Own Responsibility for Legal and Tax Aspects: Participants are responsible for ensuring that their participation complies with the legal requirements of their country of residence, including fulfilling tax obligations. BeFaster.fit strives to take all possible technical precautions to prevent abuse.
fit does not conduct KYC/AML procedures nor collects personal data from users. Participation in the staking protocol is solely via compatible third-party wallets (e.g., Trust Wallet, MetaMask, etc.). These third-party providers may apply their own KYC/AML procedures, for which the respective provider is exclusively responsible. BeFaster.fit accepts no liability for violations or non-compliance by these providers.
A.6.2 USE OF THE PLATFORM AND COMPLIANCE WITH RULES
Participants agree to use the staking program solely in accordance with these terms and conditions and not to employ any technical or other bypass methods to unlawfully gain advantages.
BeFaster.fit does not have access to private keys or assets of users. Each user is fully responsible for the security of their wallet.
BeFaster.fit reserves the right to take action in the event of suspected violations, particularly abuse of the platform. This may include temporary suspension, exclusion from the staking program, or legal action.
A.6.3 REQUIREMENTS FOR STAKING BFHT
Required Wallet: Only users who have a supported hot wallet (e.g., MetaMask, Trust Wallet, or similar) can stake BFHT.
Minimum Staking Requirements: The minimum amount of BFHT to be staked is 0.000001 BFHT, as the BFHT token has 6 decimal places. BeFaster.fit intentionally does not set a minimum number to allow anyone who holds even a fraction of a BFHT token to stake and benefit from the entire ecosystem.
Duration and Availability: Staked BFHT remains locked in the staking smart contract for the duration of the staking period. The staking duration is 24 hours. The staking duration for VIP packages is a full calendar month.
No Guaranteed Yield: Participation in the staking program does not guarantee fixed or predictable returns. The amount of staking rewards is based on daily generated revenues, the total number of staked BFHT (TVL), and the individual staking amount of a participant.
A.6.4 EXCLUSION OF PARTICIPANTS AND BLOCKING OF STAKING REWARDS
BeFaster.fit can take action to restrict access to the BeFaster.fit web platform or certain functions if there is a reasonable suspicion of violations of applicable law, these specific staking terms, or regulatory requirements. This can particularly affect users from prohibited jurisdictions or users who circumvent technical measures to unlawfully gain access.
Due to the decentralized structure of the staking protocol, individual wallet addresses cannot be blocked, nor can staking rewards be directly withheld. Users are responsible for informing themselves about the legal requirements of their country of residence and ensuring that they use the staking protocol in compliance with the applicable regulations.
Users are responsible for using a compatible wallet that meets legal requirements. If a wallet is no longer supported or fails to meet regulatory requirements, access to staking may be revoked.
A.6.5 CHANGES TO PARTICIPATION TERMS
BeFaster.fit reserves the right to change the participation terms at any time, particularly to comply with new legal or regulatory requirements. Changes will be communicated to users in a reasonable timeframe via the platform or social media channels. Stakers who are also BeFaster.fit app users will be informed of any changes via email.
If a user disagrees with the updated participation terms, they may terminate their staking by requesting the return of their staked BFHT after the 24-hour staking period has expired.
A.7 FUNCTIONS OF THE STAKING PROTOCOL
A.7.1 AUTOMATED REVENUE SHARING
BeFaster.fit uses the app’s revenue to enable staking participants to share in the generated revenue. This is done through a buy-back-and-distribute system, where the revenue generated by the app is converted and distributed as rewards to the BFHT stakers.
The amount of the distributions is variable and depends on several factors:
- Generated Revenue: The revenue generated within the app serves as the basis for the distributions.
- Total Value Locked (TVL): The total value of all staked BFHT tokens affects the reward amount since a higher quantity of staked tokens leads to a higher overall reward.
- Individual Staking Amount: A participant’s reward is proportionate to the number of BFHT tokens staked in relation to the total amount of BFHT tokens staked at the time of distribution. The more tokens staked, the higher the proportional share of the distribution.
A.7.2 FLEXIBLE PARTICIPATION AND INDIVIDUAL STAKING STRATEGY
Stakers have the flexibility to adjust their strategy based on current conditions. They can:
- Manage their staked BFHT tokens anytime within the platform,
- Receive their rewards in BFHT, and
- Choose to either reinvest these rewards for further staking or withdraw them in other whitelisted coins, depending on personal preferences.
Since the reward amount cannot be guaranteed, users are able to adjust their staking participation flexibly to respond to changes in app usage and generated revenues. This flexibility helps ensure that the system remains sustainable and market-oriented in the long term.
A.7.3 MULTI-CURRENCY PROTOCOL
An essential part of the BeFaster.fit staking system is the option to participate in the multi-currency protocol. In addition to receiving rewards in BFHT, stakers can also receive their rewards in other whitelisted cryptocurrencies supported by the platform. This feature allows users to receive rewards in their preferred currency and respond strategically to market conditions.
The choice of payout currency enables users to make strategic decisions and receive their rewards in the cryptocurrency that seems most attractive or stable at the time. This provides stakers with additional flexibility and control over their earnings.
However, if a user opts for a currency other than BFHT, a management and platform security fee of 5% is charged to cover the associated technical and administrative costs. This fee is transparently communicated in the staking protocol and on the platform before the payout is processed. The fee is deducted automatically in the chosen currency during the claiming process.
The multi-currency protocol not only provides strategic flexibility but also expands BeFaster.fit’s market reach. By allowing participation in well-established and widespread cryptocurrencies, BeFaster.fit strengthens its relationship with existing crypto communities and promotes reputable projects in the crypto world.
A.7.4 AUTOMATION OF DISTRIBUTION AND CALCULATION PROCESSES
The entire staking protocol is fully automated and operates on the basis of smart contracts, which efficiently manage the reward calculations, revenue distribution, and buy-back processes. The precise technical process is confidential. The main steps of the automation include daily revenue distribution calculations, determining the individual ratio of staked BFHT to the total amount of staked BFHT at the time of payout, and executing either the buy-back-and-distribute or multi-currency option as per the staker’s choice.
A.7.5 INCENTIVES FOR LONG-TERM STAKING
The staking protocol is designed to encourage participants to hold their rewards long-term and actively promote the value of the BFHT token. This is supported by the following mechanisms:
- Appreciation of the BFHT Token: The buy-back process creates constant demand for the BFHT token, potentially leading to an increase in its market value. Users who reinvest their rewards in BFHT benefit from this potential appreciation.
- Long-Term Commitment Through Staking: The staked BFHT tokens are locked for a specified period, which fosters long-term commitment from users to the BeFaster.fit ecosystem.
A.7.6 MONITORING AND OPTIMIZATION OF THE SYSTEM
The BeFaster.fit staking protocol is continuously monitored and further developed to ensure optimal stability and performance. Technical innovations that can improve the efficiency of the smart contracts and reward distribution will be regularly integrated into the protocol. This ensures that the system remains compatible with future developments, regulatory adjustments, or technological innovations.
A.7.7 TRANSPARENCY AND INFORMATION
To provide users with maximum transparency about how the system works and the impact of their staking decisions, BeFaster.fit regularly provides all relevant information on the website. Users can access the following details at any time:
- Total Number of Staked BFHT Tokens (TVL): The total amount of tokens held in the staking protocol is displayed publicly so participants can track the current overall value.
- Revenues and Distributions: The generated revenues and the amount of rewards distributed (in BFHT or the chosen tokens) are openly published so each staker can see how their reward is determined and how the revenue flow affects the payouts.
This transparency not only informs the stakers but also fosters trust in the BeFaster.fit staking protocol and strengthens the long-term commitment of users to the platform.
A.7.8 VIP PACKAGE STAKING & DISCOUNT MECHANISM
A.7.8.1 STAKING FOR EXCLUSIVE VIP BENEFITS
In addition to revenue sharing, users can stake BFHT to receive a discount on VIP packages within the BeFaster.fit app.
A maximum of 500 BFHT can be staked for this purpose.
Depending on the staked amount, users receive a percentage discount on the price of their VIP package.
The VIP benefits and features are clearly visible in the BeFaster.fit app.
A.7.8.2 VIP LEVEL & STAKING REQUIREMENTS
The VIP staking operates on a level system based on the number of BFHT staked:
VIP Level | Required BFHT | Discount on VIP Package |
Level 1 | 1 BFHT | 1% |
Level 2 | 5 BFHT | 3% |
Level 3 | 20 BFHT | 5% |
Level 4 | 50 BFHT | 10% |
Level 5 | 100 BFHT | 20% |
Level 6 | 200 BFHT | 30% |
Level 7 | 500 BFHT | 50% |
Users can always stake additional BFHT for revenue sharing, but the maximum for VIP staking is 500 BFHT. The discount is automatically applied when purchasing the VIP package in the app. If a user unstakes their BFHT, they lose the corresponding VIP level and discount.
A.7.8.3 COMBINABILITY WITH OTHER STAKING FUNCTIONS
VIP staking and revenue-sharing staking are independent but can be used simultaneously. Users have the option to participate in both revenue sharing and VIP staking without needing to choose between the two.
All BFHT tokens staked for any purpose are automatically considered in the calculation of VIP staking levels. If the staked amount exceeds the threshold for a higher VIP discount, it will be automatically factored into the VIP benefits.
The total amount of BFHT staked for different purposes is always visible in the app. To optimize staking strategy, users can use different wallets for VIP staking and revenue-sharing staking, especially if they want to adjust their staking amounts strategically.
A.7.8.4 TRANSPARENCY & MANAGEMENT
The staking levels, current VIP discount level, and staked balance can be viewed at any time via the BeFaster.fit app.
Users can adjust, increase, or reduce their staking flexibly, though platform fees for outgoing processes will apply.
A.7.9 FEES FOR OUTGOING PROCESSES
A.7.9.1 PLATFORM FEE FOR CLAIMING & UNSTAKING
For all outgoing processes, especially claiming rewards and unstaking BFHT, the BeFaster.fit staking protocol charges a platform fee of 10% for unstaking BFHT and 2% for claiming revenue rewards.
This fee supports the sustainability of the protocol, prevents speculative jumping, and ensures long-term market stability.
A.7.9.2 B.7.9.2 BLOCKCHAIN TRANSACTION FEES (GAS FEES)
In addition to the platform fee, the user is responsible for any blockchain transaction fees (“Gas Fees”).
The amount of these fees varies depending on network congestion and the blockchain used.
A.7.9.3 B.7.9.3 TRANSPARENCY OF FEES
All applicable fees are clearly and transparently shown to the user before any transaction is carried out.
The user must actively confirm the fees before a transaction is initiated.
A.8 Special Bonus and NFT Staking
A.8.1 Introduction and Purpose
As part of the BeFaster.fit staking protocol, NFTs are offered to incentivize user participation and engagement. These NFTs serve as additional rewards for stakers, providing the opportunity to obtain revenue boosts. Furthermore, they grant lifetime benefits within the BeFaster.fit app. The NFTs are divided into different collections, each distinguished by its rarity and associated advantages. Users who collect and stake NFTs can benefit from increased revenue shares and elevate their status within the BeFaster.fit platform by acquiring an exclusive Collector NFT. All NFTs are tradeable.
A.8.2 Definition of “Revenue Boost”
A “Revenue Boost” means that the number of BFHT tokens staked by the user is considered increased by a specific percentage for calculation purposes, resulting in higher distributions. This adjustment affects only the computation of personal rewards and does not increase the actual number of staked BFHT tokens.
Example:
A user stakes 100,000 BFHT and a Silver Collector NFT, which provides a 10% revenue boost. The smart contract calculates the total staked amount as 110,000 BFHT.
A.8.3 NFT Collections and Revenue Boost
The NFTs are categorized into four collections, each associated with a specific letter (B, F, H, T) and rarity level:
- Bronze Collection: 7,500 NFTs, 1% revenue boost per letter NFT
- Silver Collection: 1,870 NFTs, 2% revenue boost per letter NFT
- Gold Collection: 620 NFTs, 3% revenue boost per letter NFT
- Diamond Collection: 10 NFTs, 4% revenue boost per letter NFT
The revenue boost is granted upon staking individual letter NFTs. The Collector NFT bonus is additional and is awarded when a user collects and merges all four letter NFTs from the same collection.
A.8.4 Mystery Boxes
NFTs are distributed through Mystery Boxes, which are available in three different sizes:
- Small Mystery Box: contains 1 NFT
- Medium Mystery Box: contains 5 NFTs
- Large Mystery Box: contains 10 NFTs
The NFTs inside the boxes, as well as their collection allocation, are distributed randomly. The minting process of NFTs is entirely random and cannot be influenced or manipulated. Each Mystery Box can contain a maximum of one Diamond NFT. Once all Mystery Boxes have been minted, the NFTs can only be acquired on the secondary market.
A.8.5 Staking and Sale Restrictions
It is prohibited to stake NFTs from different collections simultaneously or to merge NFTs from different collections into a Collector NFT. All NFTs used to create a Collector NFT must originate from the same collection.
A.8.6 Unstaking and Sale of NFTs
Before selling a staked NFT, it must first be unstaked from the staking protocol. Staked NFTs cannot be sold. The sale of NFTs on the secondary market is subject to a 10% royalty fee, which is allocated to the BeFaster.fit protocol.
A.8.7 Collector NFT
To obtain a Collector NFT, users must collect all four letter NFTs (B, F, H, T) from the same collection (Bronze, Silver, Gold, or Diamond) and unstake them. Once the BFHT NFTs have been unstaked, they can be merged into a Collector NFT. This process burns the four letter NFTs. The Collector NFT grants an additional revenue boost and a lifetime VIP membership in the BeFaster.fit app corresponding to its collection color.
A.8.8 Revenue Boost from the Collector NFT
The Collector NFT provides a revenue boost and VIP membership in the corresponding color. The exact boosts are as follows:
- Bronze Collector NFT: 5% revenue boost
- Silver Collector NFT: 10% revenue boost
- Gold Collector NFT: 15% revenue boost
- Diamond Collector NFT: 20% revenue boost (only 2 available)
A.9 RIGHTS AND OBLIGATIONS OF USERS AND THE PLATFORM
A.9.1 RIGHTS OF USERS
A.9.1.1 ACCESS TO THE STAKING PROTOCOL
Users who meet the participation requirements set out in these Terms and Conditions (T&Cs) are entitled to participate in BeFaster.fit’s staking protocol. Access to the staking protocol requires the use of a compatible non-custodial wallet (e.g., Trust Wallet or MetaMask).
A.9.1.2 BRECEIVING REWARDS AND USING STAKING FEATURES
Users have the right to participate in the reward mechanisms provided by the protocol through staking BFHT tokens. This includes revenue sharing as well as the ability to reduce VIP package costs according to the terms described in these T&Cs. The amount of rewards is variable and subject to the economic and market factors of the BeFaster.fit ecosystem. A guaranteed yield (APY) is explicitly not assured.
A.9.1.3 ACCESS TO STAKING INFORMATION
The platform provides users with transparent information via the website and app, especially regarding the total number of BFHT tokens staked (Total Value Locked – TVL) and the revenue shared within the staking protocol. Additionally, numerous pieces of information are made available that users interested in fostering the community spirit and trust can access.
A.9.1.4 FLEXIBLE SELECTION OF DISTRIBUTION CURRENCY
Users have the right to claim their rewards either in BFHT or in other cryptocurrencies approved (“whitelisted”) by the platform. A selection of these alternative tokens is made possible through the multi-currency protocol. A separate fee is applied for claiming in a currency other than BFHT, and the amount of this fee will be transparently communicated in the app and on the website.
A.9.2 OBLIGATIONS OF USERS
A.9.2.1 COMPLIANCE WITH LEGAL REQUIREMENTS AND EXCLUSION OF CERTAIN COUNTRIES
Users are required to comply with all applicable laws and regulations in relation to cryptocurrencies, staking, and DeFi protocols. The use of the staking protocol in countries where such services are prohibited is not permitted. The platform employs technical measures to prevent participation by unauthorized users.
A.9.2.2 RESPONSIBILITY FOR WALLET MANAGEMENT
Since the platform does not provide its own wallet infrastructure, full responsibility for the management and security of the wallet, including access credentials and private keys, lies with the user. Loss of the private key leads to the irreversible loss of staked BFHT and associated rewards.
A.9.2.3 ASSUMPTION OF FEES
Users are responsible for bearing all fees associated with transactions. This includes:
A.9.2.3.1 Platform Fees:
Platform Fees A platform fee of 10% on unstaking and 2% on claiming BFHT to prevent speculative “jumping”, maintaining costs and to promote the long-term stability of the staking ecosystem.
An additional 5% fee for claiming rewards in a currency other than BFHT within the multi-currency protocol. This fee covers the costs for the automated purchase and distribution of whitelisted cryptocurrencies and supports strategic integration with established crypto communities.
B.8.2.3.2 Blockchain Transaction Fees:
Each transaction is subject to individual blockchain transaction fees (“Gas Fees”), which must be paid directly to the respective blockchain network. The amount of these fees depends on current network congestion and is not determined by the platform.
A.9.2.4 FINALITY OF TRANSACTIONS
Transactions on the blockchain are irreversible. The platform assumes no liability for user errors, especially regarding incorrect address entries, insufficient coverage for transaction fees, or accidental unstaking.
A.9.2.5 PROHIBITION OF ABUSE AND MARKET MANIPULATION
Users may not use the staking protocol for abusive purposes, including, but not limited to:
- Market manipulation or Sybil attacks,
- Circumvention of technical restrictions for use from excluded countries,
- Use of automated systems to maximize short-term rewards (“Jumping”).
To prevent speculative jumping, an unstaking fee of 10% is applied. The platform reserves the right to take appropriate measures against abuse, including blocking access to the staking protocol.
A.9.3 RIGHTS OF THE PLATFORM (BEFASTER.FIT)
A.9.3.1 ADJUSTMENT OF THE STAKING PROTOCOL
BeFaster.fit reserves the right to make changes to the staking protocol, particularly to adapt to regulatory requirements or improve system efficiency. Changes will be communicated in advance via the website and app.
A.9.3.2 MONITORING COMPLIANCE WITH T&Cs
BeFaster.fit employs technical measures to restrict access to the web platform from excluded countries. This includes IP address blocking and geolocation filters, as far as technically feasible.
These measures apply only to access to the platform and not to the staking protocol itself, as it operates on a public blockchain. BeFaster.fit has no ability to block individual wallet addresses or prevent transactions on the blockchain.
Users are obligated to independently inform themselves about the legal requirements of their country of residence and may not use technical circumvention methods to gain unauthorized access.
A.9.3.3 TEMPORARY RESTRICTION OR TERMINATION OF STAKING FEATURES
BeFaster.fit is entitled to temporarily or permanently suspend staking services if required for technical reasons, regulatory changes, or force majeure events. In such cases, staked BFHT will remain in the possession of the users.
A.9.3.4 DETERMINATION AND ADJUSTMENT OF FEES
The platform reserves the right to adjust the applicable fee structures, particularly for claiming and unstaking. Changes will be transparently communicated via the platform and will not be retroactive.
A.9.4 OBLIGATIONS OF THE PROVIDER (BEFASTER.FIT)
A.9.4.1 PROVISION OF THE STAKING PROTOCOL
BeFaster.fit provides users with a fully automated staking solution based on smart contracts. The protocol allows users to stake BFHT tokens according to the defined conditions and participate in revenue sharing or VIP benefits.
A.9.4.2 NO CUSTODY OR CONTROL OVER USER WALLETS
BeFaster.fit does not act as a financial service provider or custodian of user assets. Users interact solely through their own self-managed, regulated wallets (e.g., Trust Wallet, MetaMask). BeFaster.fit has no access to private keys, seed phrases, or any other security-related data of users.
A.9.4.3 TRANSPARENT INFORMATION PROVISION
BeFaster.fit is committed to providing transparent and up-to-date information on the following aspects:
- The total number of staked BFHT tokens (TVL – Total Value Locked).
- The daily distributed revenue shares in BFHT and, where applicable, whitelisted multi-currency tokens.
- The applicable fees for staking, unstaking, and the multi-currency protocol.
This information is available on the official BeFaster.fit website.
A.9.4.4 ENSURING TECHNICAL AVAILABILITY
BeFaster.fit provides the staking protocol with the highest security and stability standards. However, no uninterrupted availability can be guaranteed. Maintenance, security updates, or unforeseen technical disruptions may lead to temporary limitations. Users will be informed in advance of planned maintenance.
A.9.4.5 IMPLEMENTATION OF REGULATORY REQUIREMENTS
BeFaster.fit is committed to continuously monitoring legal frameworks and, where necessary, making technical adjustments to ensure regulatory compliance with the applicable laws in the EU, Malta, and other relevant jurisdictions.
BeFaster.fit reserves the right to take action if a user violates specific staking conditions, applicable laws, or regulatory requirements. As this is a decentralized staking protocol, direct interventions in wallet addresses or distributions are not possible.
The only possible action to ensure legal compliance is the use of the blockchain’s emergency function.
The following measures may be taken, including:
- Activation of the emergency function: If there is a justified suspicion of illegal activities such as money laundering, terrorist financing, fraud, or violations of sanctions, the Binance Smart Chain emergency function may be used.
- Reporting to relevant authorities: If required by law, BeFaster.fit may pass on relevant information to supervisory and investigative authorities.
BeFaster.fit applies technical and organizational measures to ensure compliance and will implement technological innovations to effectively identify and prevent violations.
A.9.5 COMMUNICATION AND MANAGEMENT OF NETWORK RISKS
A.9.5.1 SECURITY-RELATED ASPECTS
BeFaster.fit is committed to transparently informing users about potential risks and security-related aspects related to the use of the staking protocol. These include:
- Technical risks: Possible availability limitations due to maintenance work, server outages, or unexpected technical issues. Risks related to smart contracts, which may contain security gaps or unexpected errors despite careful review.
- Blockchain network risks: Congestion or outages of the underlying blockchain (e.g., high gas fees, network congestion, forks). Risks from cyberattacks, hacks, or exploits on the underlying blockchain protocol or other relevant infrastructure.
- Regulatory risks: Potential legal changes that may affect the operation of the staking protocol in certain jurisdictions. Necessary adjustments or restrictions in the staking process to comply with regulatory requirements.
A.9.5.2 COMMUNICATION AND INFORMATION PROVISION
BeFaster.fit is committed to publishing relevant information on security updates, planned maintenance, or unexpected disruptions via the official website, app, or other suitable channels. It is the user’s responsibility to regularly check these communication channels for the current status of the protocol.
A.9.5.3 DISCLAIMER OF LIABILITY
BeFaster.fit cannot guarantee the uninterrupted availability of the staking protocol and is not liable for damages resulting from network outages, technical errors, or external attacks.
A.10 STAKING REWARDS AND FEES
A.10.1 STAKING REWARDS AND CALCULATION OF DISTRIBUTIONS
A.10.1.1 REVENUE SHARING MECHANISM
Stakers of the BFHT token receive daily revenue sharing based on the actual app-generated revenues.
The distribution is executed via an automated smart contract and is based on the following factors:
- The total app revenues available for distribution.
- The total amount of BFHT staked (Total Value Locked – TVL).
- The individually staked BFHT volume of the respective user.
Since the distributions are directly generated from revenues, they are not guaranteed and can vary depending on the economic situation of the company and market development.
A.10.1.2 MULTI-CURRENCY PROTOCOL
Users can choose whether to receive their distribution in BFHT or in a whitelisted cryptocurrency (e.g., BNB, USDC, or other established tokens).
The multi-currency protocol strengthens market dynamics by expanding BeFaster.fit’s reach and enabling strategic diversification of rewards.
A.10.1.3 TRANSPARENCY OF DISTRIBUTIONS
The daily distributions, total staked BFHT amount (TVL), and available whitelisted tokens are transparently provided on the website and the app.
A.10.2 FEE STRUCTURE
A.10.2.1 PLATFORM FEES FOR OUTGOING PROCESSES
A platform fee of 10% applies to unstaking BFHT and 2% on claiming BFHT revenue rewards, based on the unstaked or withdrawn amount.
This fee aims to promote strategic and sustainable staking behavior and to prevent jumping between staking cycles.
A.10.2.2 BLOCKCHAIN TRANSACTION FEES
All blockchain network fees (Gas Fees) are borne by the user.
The fee amount depends on the current state of the network and will be transparently displayed before each process (staking, unstaking, claiming).
A.10.2.3 MULTI-CURRENCY FEE
For claiming in a currency other than BFHT, an additional fee of 5% is applied under the multi-currency option.
The fee will be disclosed during the claiming process.
A.10.2.4 ADJUSTMENT OF FEEs
BeFaster.fit reserves the right to adjust the fee structure to future market conditions or regulatory requirements. Changes will be communicated to users in a timely manner via official communication channels.
A.11 RISKS AND LIABILITY
A.11.1 GENERAL RISKS OF THE STAKING PROTOCOL
A.11.1.1 MARKET AND PRICE RISKS
The BFHT token is subject to market fluctuations and volatility, which are outside the control of BeFaster.fit.
Participation in the staking protocol does not guarantee fixed or predictable returns. The amount of distributions is based on actual app-generated revenues and may vary.
A.11.1.2 BLOCKCHAIN AND SMART CONTRACT RISKS
The staking protocol is based on smart contracts, which, despite thorough review and security measures, may still contain potential security risks, exploits, or unforeseen errors.
BeFaster.fit is not liable for losses or damages arising from technical errors, hacks, or other security incidents related to blockchain technology.
BeFaster.fit provides the staking protocol according to the highest security standards but does not guarantee the absolute security of smart contracts. Users accept the inherent risks of blockchain technology.
A.11.1.3 NETWORK RISKS AND EXTERNAL FACTORS
The operation of the staking protocol is dependent on the availability and stability of the underlying blockchain infrastructure, here the Binance Smart Chain.
Users should be aware of possible delays, increased gas fees, or network outages that are outside the responsibility of BeFaster.fit.
A.11.1.4 REGULATORY RISKS
The legal treatment of staking and cryptocurrencies may change at any time due to statutory or regulatory changes.
Users are responsible for ensuring that the use of the protocol is permissible in their jurisdiction.
A.11.2 LIABILITY DISCLAIMER AND LIMITATION OF LIABILITY
A.11.2.1 NO GUARANTEE FOR STAKING RETURNS
BeFaster.fit does not guarantee specific staking returns or the future value of the BFHT token.
All decisions regarding staking and claiming rewards are the sole responsibility of the user.
A.11.2.2 LIABILITY DISCLAIMER FOR TECHNICAL ISSUES
BeFaster.fit is not liable for damages or losses arising from technical errors, hacks, network failures, or unforeseen issues within the blockchain infrastructure.
Any temporary restriction or interruption of the staking protocol does not justify claims for damages.
A.11.2.3 LIMITATION OF LIABILITY
To the extent permitted by law, BeFaster.fit’s liability is limited to cases of gross negligence or intentional misconduct.
Liability for indirect damages, lost profits, or losses due to market fluctuations is excluded.
A.11.2.4 LIABILITY DISCLAIMER FOR COMPLIANCE OF HOT-WALLET PROVIDERS
The use of an external wallet provider is solely the responsibility of the user. BeFaster.fit has no means of verifying the regulatory compliance of these providers and therefore cannot be held liable for violations or non-compliance by third-party providers.
A.11.3 USER’S RESPONSIBILITY
A.11.3.1 SELF-RESPONSIBILITY AND DUTY OF CARE
Users are responsible for the secure management of their wallet, private keys, and access credentials.
BeFaster.fit has no access to private wallets and cannot recover lost or stolen assets.
A.11.3.2 TAX AND LEGAL OBLIGATIONS
Users are responsible for complying with tax or regulatory obligations in their country of residence.
BeFaster.fit does not provide tax or legal advice and is not liable for violations of tax laws.
A.12 TAX NOTES
A.12.1 SELF-RESPONSIBILITY FOR TAX OBLIGATIONS
Users are responsible for the proper declaration and taxation of any earnings from staking BFHT or participating in the multi-currency protocol.
BeFaster.fit does not provide tax advice and makes no guarantee regarding the tax treatment of staking rewards in individual countries or jurisdictions.
A.12.1.1 PROVIDING TAX-RELEVANT INFORMATION
BeFaster.fit provides users with detailed transaction summaries via the platform, including:
- Staking periods
- Received rewards in BFHT and, if applicable, other whitelisted tokens
- Timing and amount of distributions
- Historical transaction data
These summaries can be exported as Excel or CSV files for use in personal tax filings or for sharing with tax advisors.
A.12.1.2 TAX TREATMENT OF STAKING REWARDS
The tax treatment of staking rewards varies by jurisdiction. Possible tax treatments include:
- Income tax on received staking rewards
- Capital gains tax or similar levies
- Tax benefits based on holding periods (e.g., tax-free after a certain holding period in some countries)
Users must inform themselves about the applicable tax regulations in their state of residence.
A.12.1.3 NO LIABILITY FOR TAX CONSEQUENCES
BeFaster.fit is not liable for any tax obligations or consequences arising from the use of the staking protocol.
It is the responsibility of each user to seek tax advice if there are uncertainties.
A.13 CHANGES TO THE SPECIFIC STAKING CONDITIONS
A.13.1 RIGHT TO CHANGE
BeFaster.fit reserves the right to change or supplement these specific staking conditions at any time, as long as it is necessary and reasonable for users.
Changes may be made, especially if:
- New legal or regulatory requirements make it necessary,
- Technical or economic developments require an adjustment to the conditions,
- New features or services are introduced that necessitate changes,
- A change serves to improve user-friendliness or security.
A.13.2 INFORMATION ABOUT CHANGES
BeFaster.fit will inform users about significant changes to the specific staking conditions at least 30 days before they take effect, in an appropriate manner.
The information will be published on the website and/or through a notification within the BeFaster.fit app.
Users have the option to object to the changes within this period.
A.13.3 CONSENT TO CHANGED CONDITIONS
If the user does not object within 30 days of being notified of the changes and continues to use the staking protocol, this will be considered as tacit acceptance of the new specific staking conditions.
If a user objects to the changes, BeFaster.fit reserves the right to terminate the contractual relationship with the user and deny access to the staking protocol.
A.13.4 NO RETROACTIVE EFFECT
Changes to the specific staking conditions apply only prospectively and do not have retroactive effect.
Already accrued rights and obligations of users remain unaffected by the changes.
A.14 CANCELLATION AND TERMINATION OF THE STAKING PROTOCOL
A.14.1 CANCELLATION BY THE USER
The user may terminate their participation in the staking protocol at any time after the 24-hour period by unstaking the staked BFHT tokens. The unstaking process is carried out through the corresponding function in the smart contract and is technically beyond the control of BeFaster.fit.
• Upon unstaking, the staked tokens are removed from the protocol and become freely available to the user in their wallet.
• A platform fee of 10% is applied to the unstaked amount.
• In addition, the user will bear the usual blockchain transaction fees (Gas Fees).
A.14.2 TERMINATION BY BEFASTER.FIT
As the staking protocol is based on a smart contract, individual unilateral termination or the unilateral exclusion of individual users is not technically possible.
A.15 DISPUTE RESOLUTION AND APPLICABLE LAW
A.15.1 REVENUE SHARING STAKING
For any legal disputes related to Revenue Sharing Staking, where the user merely acts as a staker, the laws of Malta apply. In the event of a dispute between BeFaster.fit and the staker, the courts of Malta shall have exclusive jurisdiction.
A.15.2 VIP STAKING (FOR APP USERS)
For users participating in VIP Staking who also act as app users of BeFaster.fit, the laws of Malta also apply. Disputes arising from the granting of VIP discounts or benefits through staking will likewise be adjudicated before the competent courts of Malta.
A.15.3 PRIORITY OF OUT-OF-COURT DISPUTE RESOLUTION
Prior to initiating any legal proceedings, the parties agree to resolve all disputes arising from these terms through an out-of-court dispute resolution process. This may involve voluntary mediation or other alternative dispute resolution methods (e.g., arbitration). If such efforts do not result in an amicable resolution, the jurisdiction of Malta shall remain.
A.15.4 GENERAL NOTICE
If the user resides in a country other than Malta, the jurisdiction of Malta remains unaffected by the nature of the contract and the use of the platform. The user accepts that all legal disputes concerning the use of the staking protocol and associated benefits shall be resolved before the competent courts in Malta.
A.16 FINAL PROVISIONS
A.16.1 CHANGES TO THE TERMS AND CONDITIONS
BeFaster.fit reserves the right to change these Terms and Conditions at any time and without providing a reason. Any changes will be communicated to the user at least 30 days before they take effect, either on the website or through other appropriate communication channels. Changes will be deemed accepted if the user continues to use the staking protocol or access the platform after this period.
A.16.2 SEVERABILITY
If any provision of these terms or any part thereof is deemed invalid or unenforceable, the validity of the remaining provisions shall remain unaffected. The invalid provision will be replaced by a valid provision that, to the extent possible, reflects the economic intent of the invalid provision.
A.16.3 ASSIGNMENT OF CONTRACTUAL RIGHTS
BeFaster.fit reserves the right to transfer its rights and obligations under these Terms and Conditions to third parties without the user’s consent. The user may only transfer their rights and obligations under these Terms with the express written consent of BeFaster.fit.
A.16.4 INTEGRITY OF THE TERMS AND CONDITIONS
These Terms and Conditions represent the entire agreement between BeFaster.fit and the user, replacing all previous agreements or arrangements made in connection with the staking protocol or related services.
A.16.5 LANGUAGE AND VALIDITY
These Terms and Conditions are available exclusively in English. In the event of any discrepancies or conflicts in translations, the English version shall prevail. All legal disputes arising from these Terms or the use of the staking protocol are subject to the provisions of these Terms and the applicable laws of Malta.
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