TESTNET MODE

Terms of Service

Last updated: December 2024

1Acceptance of Terms

By accessing or using LuckyBase ("the Platform"), you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Platform.

2Eligibility

You must be at least 18 years old and have the legal capacity to enter into these terms. By using the Platform, you represent and warrant that you meet these requirements. The Platform is not available in jurisdictions where cryptocurrency or DeFi activities are prohibited.

3Platform Services

LuckyBase provides decentralized finance services including but not limited to: token staking with rewards, lottery participation using Chainlink VRF for provable fairness, and redistribution of unclaimed prizes to token holders. All services are provided on an "as-is" basis.

4Wallet Connection

You are solely responsible for maintaining the security of your cryptocurrency wallet. LuckyBase never has access to your private keys. All transactions are executed through smart contracts on the Base network and are irreversible once confirmed.

5Token Mechanics

LUCKY token transfers are subject to a 2.5% tax distributed as follows: 1% to lottery pool, 0.75% burned, 0.5% to staking rewards, and 0.25% to redistribution. These mechanics are enforced by smart contracts and cannot be modified without governance approval.

6Lottery Rules

Lottery participation requires holding a minimum of 10,000 LUCKY tokens. Draws occur every 24 hours using Chainlink VRF for verifiable randomness. Winners have 14 days to claim prizes. Unclaimed prizes are redistributed to token holders.

7Staking Terms

Staking involves locking tokens for specified periods (Flexible, 30-day, or 90-day). APY rates are variable and subject to change based on total staked amount. Early withdrawal from locked stakes may result in penalty fees as defined in the smart contract.

8Limitation of Liability

LuckyBase and its developers shall not be liable for any direct, indirect, incidental, or consequential damages arising from your use of the Platform. This includes but is not limited to losses from smart contract exploits, network failures, or price volatility.

9Modifications

We reserve the right to modify these terms at any time. Continued use of the Platform after changes constitutes acceptance of the modified terms. Significant changes will be announced through our official channels.

By using LuckyBase, you acknowledge that you have read and understood these terms.