Terms of Use

Welcome to btcSOL. By accessing or using our website and services, you agree to abide by these Terms of Service. Please read them carefully.

1. Service Description

$btcSOL is a derivative token on Solana that accumulates in Bitcoin built on top of the Zeus Ecosystem, helping users grow Bitcoin assets.

By staking Solana Token (SOL) or Solana Liquid Staking Token (LST-SOL), you receive $btcSOL, which taps into Solana's restaking and DeFi ecosystem. btcSOL automatically converts the earned yields into zBTC or BTC based on the Accumulation Rate provided on btcSOL and distributes them to users.

2. User Eligibility

By using btcSOL, you confirm that you are at least 18 years old and have the legal capacity to enter into this agreement. You are responsible for ensuring compliance with local cryptocurrency and financial regulations applicable in your jurisdiction.

Access to btcSOL is restricted in certain jurisdictions due to internal compliance policies and applicable regulatory considerations. This includes, but is not limited to:

• United States
• Canada
• Netherlands
• Cuba
• Iran
• Syria
• Taiwan (Republic of China)
• Democratic People's Republic of Korea (DPRK)
• Crimea region and any non-government-controlled areas of Ukraine

btcSOL may update this list from time to time at its sole discretion. Technical measures such as IP blocking may be implemented to enforce these restrictions.

3. User Responsibilities

Users are responsible for securing their wallets and understanding the risks of cross-chain asset movement, including SOL or LST-SOL deposits, and zBTC or BTC withdrawals. btcSOL is not liable for losses caused by user mismanagement.

Examples of mismanagement include failing to secure private keys, authorizing malicious smart contracts, or unintentionally transferring assets to incorrect addresses.

4. Acceptable Use

You agree not to engage in activities that may harm or disrupt btcSOL's services, such as hacking attempts, malware distribution, or fraudulent activities.

5. Account Management

Users must connect a supported wallet to interact with the platform. By connecting, you authorize btcSOL to use the necessary information to deliver services. Data collection is optional, and users control what information is shared.

6. Deposit & Withdrawal

SOL or LST-SOL deposits are recorded and result in the minting of $btcSOL on Solana. Withdrawal requests burn $btcSOL and release SOL or LST-SOL to the user, subject to standard verification and processing conditions.

7. Withdrawal Processing

SOL or LST-SOL withdrawals are not instant and may require a processing period of 24 hours, depending on network conditions and system availability. $btcSOL must be held in a wallet you control to initiate a withdrawal.

8. Withdrawal Risks

Withdrawal requests submitted under abnormal network conditions (e.g., congestion or incomplete validation) may result in delays or require re-authentication. A slippage may be charged for withdrawal, and failure to meet network requirements may invalidate the request.

9. Termination of Service

We reserve the right to terminate or suspend access to btcSOL for violations of these Terms of Service or malicious behavior. We will attempt to notify you before termination, except in cases involving critical security threats.

10. Arbitration and Class Action Waiver

By using btcSOL, you agree that any dispute, claim, or controversy arising from these Terms or your use of the platform will be resolved through binding and confidential arbitration on an individual basis. You waive the right to bring any claim as part of a class, collective, or representative action, and no arbitration may be consolidated with others. You must notify us via Discord in writing within thirty (30) days of any dispute so both parties can attempt to resolve it in good faith. If unresolved, the dispute will be settled by a neutral arbitrator, conducted in English, with each party bearing its own costs unless otherwise determined in the final award.

btcSOL Usage Policy

The btcSOL Usage Policy outlines the rules and expectations for interacting with $btcSOL within the btcSOL protocol.

1. btcSOL Recognition

Only $btcSOL minted via btcSOL is considered valid proof of SOL or LST-SOL custody. Users must hold $btcSOL in a supported wallet to initiate withdrawal. btcSOL does not track the origin of $btcSOL. Holding $btcSOL is the sole requirement to unlock SOL or LST-SOL withdrawal.

By using our platform, you acknowledge and agree that we will charge protocol fees, including a service fee, performance fee, and cross-chain service fee when claiming BTC (native Bitcoin) as distributions. Slippage will also occur when token swapping through Jupiter Swap is required. You also acknowledge and agree that we may convert your assets to take advantage of the yield characteristics of other assets to earn DeFi yields.

2. Withdrawal Rules

• Withdrawal ratio will be based on Price Index on btcSOL, a key metric that determines how much $btcSOL a user receives when depositing SOL or LST-SOL (e.g., mSOL). It represents a dynamic ratio based on the market prices of SOL and LST-SOL.
• Eligibility: Any Solana wallet holding $btcSOL can request a withdrawal.
• Finality: Once $btcSOL is burned, the corresponding SOL or LST-SOL withdrawal cannot be reversed.

3. System Capacity

• Withdrawal Capacity: The system may enforce limits based on SOL or LST-SOL vault reserves.
• Transparency: On-chain Proof-of-Reserve data is available to ensure 1:1 SOL or LST-SOL backing.
• No Prioritization: All withdrawals are processed equally, without preference based on amount or wallet type.

4. Wallet Responsibility

• Users are solely responsible for wallet security.
• Loss of access to a wallet containing $btcSOL may result in permanent loss of withdrawal rights.
• Ensure all $btcSOL transactions are initiated from wallets you control.

5. No Guarantees

btcSOL does not guarantee continuous uptime, instant processing, or fixed network conditions. The availability of SOL or LST-SOL withdrawals may be impacted by market volatility, network delays, or third-party infrastructure.

6. btcSOL Position

Due to Bitcoin's decimal place limitations, positions smaller than 1 $btcSOL may not accumulate enough zBTC or BTC. To accumulate BTC-dominated assets, maintain a position of at least 1 $btcSOL.

7. Early Unstaking Fee

The system operates on a one-day cycle (00:00–23:59 UTC) for zBTC accumulations. It occurs multiple times throughout this cycle on a variable schedule. Users are encouraged to initiate unstaking shortly after claiming their distributions after 00:00 UTC, as unstaking mid-cycle may cause you to miss that day's accumulations to result in a potential loss.

8. Compliance and Limitations

• Users are responsible for ensuring all interactions comply with applicable local laws.
• Withdrawal actions are final and cannot be reversed.
• btcSOL does not offer financial advice or endorse specific usage of $btcSOL.

Liability Limitation

1. Limit of Liability

btcSOL is not liable for any damages, including data loss or security breaches, arising from the use of our services.

2. Indemnity

By using btcSOL, you agree to indemnify us from claims, damages, or losses, including third-party claims, related to your use of the service or violation of these terms.

3. Disclaimer of Warranties

btcSOL services are provided "as is" and "as available," without any warranties regarding availability or reliability.

Intellectual Property Rights

All content, designs, and trademarks on the **btcSOL** website are the property of the project team. You may use our content for personal, non-commercial purposes only. Unauthorized commercial use is strictly prohibited.

Third-party content, if featured, remains the property of its respective owners.