Yuma Validator - Terms Of Use
Last Modified: February 13, 2025Please read these Terms of Use (these “Terms”) to learn the terms, conditions and restrictions that govern your use of, access to, and your delegation of any TAO, any digital token associated with any subnet within the Bittensor network (“Alpha Tokens”) or any other digital token to or with the Yuma validator and/or through the Yuma Staking Front-End (available at https://app.yumaai.com/) (the “Staking Interface”) and any associated platform or services provided by us or any third parties on our behalf in connection therewith from time to time (including the Staking Interface, collectively, the “Platform”). If you have any questions, comments, or concerns regarding these Terms or the Platform, please contact us at:
updates@yumaai.com
These Terms are a binding contract between you and Yuma Holdings, LLC (“Yuma”, “Company”, “we”, and “us”). Your use of the Platform in any way, including through use of the Staking Interface, means that you agree to all of these Terms, and these Terms will remain in effect while you use the Platform. These Terms include the provisions in this document and incorporate by reference the provisions included in our Privacy Policy and Terms and Conditions available on the Yuma website mutatis mutandis.
Please read these Terms carefully. They cover important information about the use of the Platform, including the Staking Interface. These Terms include information about future changes to these Terms and limitations of liability. In order to access and/or use the Staking Interface and/or the Platform, you must accept and unconditionally agree to be bound and to abide by these Terms. PLEASE NOTE THAT YOUR USE OF AND ACCESS TO THE STAKING INTERFACE AND THE PLATFORM ARE SUBJECT TO THE FOLLOWING TERMS; IF YOU DO NOT AGREE TO ALL OF THE FOLLOWING, YOU MAY NOT USE OR ACCESS THE STAKING INTERFACE OR PLATFORM IN ANY MANNER.
Will these Terms ever change?
You understand and agree that we may change these Terms at any time without prior notice. The revised Terms will become effective at the time of posting. Any use of or access to the Platform, including the Staking Interface, after such date shall constitute your acceptance of such revised Terms. If any change to these Terms is not acceptable to you, your sole remedy is to not accept the Terms and to cease accessing, browsing and otherwise using the Platform. What about my privacy?
Yuma takes the privacy of its users very seriously. For our current Privacy Policy, please click here.What are the basics of using the Platform?
You represent and warrant that you are an individual over 18 years of age and of legal age to form a binding contract.
You will use the Platform only for your own personal or business use and not on behalf of or for the benefit of any third party, and only in a manner that complies with these Terms, our Privacy Policy, our Terms and Conditions, and all laws that apply to you. If your use of the Platform is prohibited by applicable laws, then you are not authorized to use the Platform. We cannot and will not be responsible for your using the Platform in a way that breaks the law.
The Platform is controlled by us in the United States and hosted in various locations. Despite the global nature of the Internet, Yuma makes no claims that the Platform is appropriate to be viewed or used outside the United States. Use of or access to the Platform from countries or territories where such access is illegal is prohibited. Those who use or access the Platform from outside the United States do so on their own initiative and are responsible for compliance with local laws, rules and regulations.
What about messaging?
As part of the Platform, including using the Staking Interface, you may receive communications from Yuma through the Platform, via email or via messaging applications (for example, Telegram). Yuma is not responsible for any communications you receive from third parties. Are there restrictions in how I can use the Platform?
Unless expressly stated otherwise herein, your use of the Platform is subject to the restrictions provided herein, and in Yuma’s Terms and Conditions and Privacy Policy. In addition, you represent, warrant, and agree that you will not access, use or interact with the Platform in a manner that:
1. infringes or violates the intellectual property or contractual rights or any other rights of anyone else (including, without limitation, Yuma);
2. violates any law or regulation, including, without limitation, any applicable export control laws or privacy laws;
3. is inconsistent with the purposes reasonably intended by Yuma;
4. is dangerous, harmful, fraudulent, deceptive, threatening, harassing, defamatory, obscene, illegal or otherwise objectionable;
5. attempts, in any manner, to gain unauthorized access to, interfere with, damage or disrupt any parts of the Platform, the server on which the Platform is stored, or any server, computer or database connected to the Platform or obtain the password, account, or other security information from any other user;
6. violates the security of any computer network, or cracks any passwords or security encryption codes or introduces any viruses, trojan horses, worms, time bombs, logic bombs or other material which is malicious or technologically harmful;
7. runs Mail list, Listserv, any form of auto-responder or “spam” on the Platform, or any processes that run or are activated while you are not logged into the Platform, or that otherwise interferes with the proper working of the Platform (including, but not limited to, by placing an unreasonable load on the Platform’s infrastructure);
8. “crawls,” “scrapes,” or “spiders” any page, data, or portion of or relating to the Platform (through use of manual or automated means);
9. could disable, overburden, damage, or impair the Platform or interfere with any other person’s use of the Platform, including, but not limited to, their ability to engage in real time activities through the Platform (if applicable);
10. copies or stores any significant portion of the Platform’s data; or
11. decompiles, decomposes, deletes, reverse engineers, disassembles, deconstructs or otherwise attempts to obtain the source code or underlying ideas or information of or relating to the Platform.
You further represent and warrant that: (i) you are not the target of any sanctions administered or enforced by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), the United Nations Security Council, the European Union, Her Majesty’s Treasury, or any other legal or regulatory authority in any applicable jurisdiction; (ii) neither you, as an individual or an entity, nor your wallet address is listed on the Specially Designated Nationals and Blocked Persons List (“SDN List”), Consolidated Sanctions List (“Non-SDN Lists), or any other sanctions lists administered by OFAC; (iii) you are not located, organized, or resident in a country or territory that is, or whose government is, the subject of sanctions, including but not limited to Côte d’Ivoire, Cuba, Belarus, Iran, Iraq, Liberia, North Korea, Sudan, and Syria; and (iv) you shall not use any virtual private networks or other masking tools to conceal your jurisdiction or address in connection with your use of the Platform.
If you violate any of the foregoing your right to use or access the Platform, including the Staking Interface, shall automatically terminate. Yuma has the right (but not the obligation) to monitor the Staking Interface and the Platform for any unauthorized or objectionable conduct and to take all appropriate actions in response, without notice to you. We may investigate any complaint regarding, or suspected violation of, these Terms, and may report any activity relating to the Staking Interface or the Platform to regulators, law enforcement officials or other persons or entities that we deem appropriate.
Who is responsible for what I see and do on the Platform?
Any information, content or data publicly posted or privately transmitted through the Platform, including through the Staking Interface, is the sole responsibility of the person from whom such information, content or data originated. You access all such information, data and content at your own risk, and we aren’t liable for any errors or omissions in that information, data or content or for any damages or losses you might suffer in connection therewith. We cannot control and have no duty to take any action regarding how you may interpret and use the information, data or content or what actions you may take as a result of having been exposed to the same, and you hereby release us from all liability for you having acquired or not acquired any information, data or content through the Staking Interface or the Platform. We can’t guarantee the identity of any users with whom you interact in using the Platform and are not responsible for which users gain access to the Platform or the Staking Interface.
Accessing certain areas or features of the Platform, including the Staking Interface, may, or may in the future, require you to register or may otherwise ask for your information. You may choose not to provide such information, but your ability to access the Platform or certain areas or features of the Platform may be limited. You are responsible for all information, data or other content you contribute, in any manner, to the Platform (including, but not limited to, any communication or materials you send us, through and/or using the Staking Interface or otherwise), and you represent and warrant you have all rights necessary to do so, in the manner in which you contribute it, and that all such information, data and content is correct, current and complete. You agree that all information, data and content you provide to register with the Platform or otherwise, including, but not limited to, through use of the Staking Interface or the use of any interactive features on the Platform, is governed by our Privacy Policy, and you consent to all actions we take with respect to your information consistent with our Privacy Policy.
Your interactions with organizations or individuals found on or through the Staking Interface and the Platform, including payment and delivery of goods or services, and any other terms, conditions, warranties or representations associated with such dealings, are solely between you and such organizations or individuals. You should make whatever investigation you feel necessary or appropriate before proceeding with any online or offline transaction with any of these third parties. You agree that Yuma will not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings.
Assumption of Risk
You assume the risks of engaging in delegating and/or staking TAO or Alpha Tokens and understand that it is subject to additional risks not applicable to traditional forms of staking.
You acknowledge and agree that all transactions accessed through the blockchain-based networks will be automatically processed, including through the use of one or more smart contracts or other network-enabled features. By engaging in transactions using the Staking Interface and the Platform, you acknowledge and consent to the automatic processing of all transactions in connection with using the Staking Interface and the Platform. You further acknowledge and agree that the applicable smart contract or network-enabled feature will dictate how the funds of a transaction and ownership of cryptoassets are distributed, including any gas or transaction fees required for any transaction effected through the Staking Interface and the Platform, for which you acknowledge and agree you are solely responsible for paying.
You further acknowledge and agree that all transactions accessed through the Staking Interface and the Platform entail certain risks associated with staking TAO or Alpha Tokens, specifically, that are a function of the underlying blockchain-based network and smart contracts or other network-enabled features, including, for example, slippage, decreasing rates of emissions for staking assets, loss of assets entirely, or a fall in the value of assets, including staked assets. You hereby acknowledge and agree that you access and use the Staking Interface and the Platform at your own risk, and no Company Party (as defined below) shall be liable for any damages or losses you might suffer in connection therewith, including with respect to the staking, loss, slippage, diminution in value, or other impairment of any TAO or Alpha Tokens or any other assets that may become stakeable, swappable, transactable or delegable through the Staking Interface.
You assume the risks of engaging with novel and experimental technology.
BY ACCESSING AND USING THE STAKING INTERFACE AND THE PLATFORM, YOU REPRESENT THAT YOU ARE FINANCIALLY AND TECHNICALLY SOPHISTICATED ENOUGH TO UNDERSTAND THE INHERENT RISKS ASSOCIATED WITH USING CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS, AND THAT YOU HAVE A WORKING KNOWLEDGE OF THE USAGE AND INTRICACIES OF DIGITAL ASSETS SUCH AS TAO, ALPHA TOKENS, STABLECOINS, AND OTHER DIGITAL TOKENS. IN PARTICULAR, YOU UNDERSTAND THAT THE MARKETS FOR THESE DIGITAL ASSETS ARE NASCENT AND HIGHLY VOLATILE DUE TO RISK FACTORS INCLUDING, BUT NOT LIMITED TO, ADOPTION, SPECULATION, TECHNOLOGY, SECURITY, AND REGULATION.
YOU UNDERSTAND THAT TECHNOLOGIES SUCH AS SMART CONTRACTS ON VARIOUS BLOCKCHAINS, CRYPTOGRAPHIC TOKENS GENERATED BY THE SMART CONTRACTS, AND OTHER NASCENT SOFTWARE, APPLICATIONS, AND SYSTEMS THAT INTERACT WITH BLOCKCHAIN-BASED NETWORKS ARE EXPERIMENTAL, SPECULATIVE, INHERENTLY RISKY, AND SUBJECT TO CHANGE. AMONG OTHER RISKS, BUGS, MALFUNCTIONS, CYBERATTACKS, OR CHANGES TO THE APPLICABLE BLOCKCHAIN (E.G., FORKS) COULD DISRUPT THESE TECHNOLOGIES AND EVEN RESULT IN A TOTAL LOSS OF CRYPTOASSETS, THEIR MARKET VALUE, OR YOUR FUNDS. WE ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY SUCH RISKS.
YOU UNDERSTAND THAT SMART CONTRACT TRANSACTIONS AUTOMATICALLY EXECUTE AND SETTLE, AND THAT BLOCKCHAIN-BASED TRANSACTIONS ARE IRREVERSIBLE ONCE CONFIRMED. YOU ACKNOWLEDGE AND ACCEPT THAT THE COST AND SPEED OF TRANSACTING WITH CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS SUCH AS BITTENSOR MAY BE VARIABLE AND MAY INCREASE AT ANY TIME.
FURTHER, YOU UNDERSTAND THAT YOUR DIGITAL ASSETS MAY LOSE SOME OR ALL OF THEIR VALUE WHILE THEY ARE SUPPLIED TO THE PROTOCOL THROUGH THE STAKING INTERFACE OR THE PLATFORM DUE TO THE FLUCTUATION OF PRICES OF TOKENS, INCLUDING WHILE SUCH TOKENS ARE CONTRIBUTED IN A LIQUIDITY POOL.
FINALLY, YOU ACKNOWLEDGE THAT WE ARE NOT RESPONSIBLE FOR ANY OF THESE VARIABLES OR RISKS, DO NOT OWN OR CONTROL ANY BLOCKCHAIN-BASED PROTOCOL, AND CANNOT BE HELD LIABLE FOR ANY RESULTING LOSSES THAT YOU EXPERIENCE WHILE ACCESSING OR USING THE STAKING INTERFACE OR THE PLATFORM. ACCORDINGLY, YOU UNDERSTAND AND AGREE TO ASSUME FULL RESPONSIBILITY FOR ALL OF THE RISKS OF ACCESSING AND USING THE STAKING INTERFACE AND THE PLATFORM IN ORDER TO INTERACT WITH THE BITTENSOR PROTOCOL. IF YOU ARE NOT COMFORTABLE ASSUMING THESE RISKS, YOU SHOULD NOT ACCESS OR ENGAGE IN TRANSACTIONS USING BLOCKCHAIN-BASED TECHNOLOGY, INCLUDING BY USING, ACCESSING OR OTHERWISE INTERACTING WITH THE STAKING INTERFACE OR THE PLATFORM.
You are solely responsible for your interactions with the Staking Interface and the Platform; we do not provide any investment advice.
ANY INFORMATION PROVIDED BY US, INCLUDING ABOUT THE BITTENSOR PROTOCOL, ANY SUBNET OPERATED ON THE BITTENSOR PROTOCOL OR ANY TOKEN IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE OR A RECOMMENDATION THAT A PARTICULAR TOKEN, INCLUDING TAO OR ANY ALPHA TOKEN, IS A SAFE OR SOUND INVESTMENT. YOU SHOULD NOT TAKE, OR REFRAIN FROM TAKING, ANY ACTION BASED ON ANY INFORMATION CONTAINED ON OUR WEBSITE, SOCIAL MEDIA ACCOUNTS, OR OTHERWISE PROVIDING BY US. WE DO NOT MAKE ANY INVESTMENT RECOMMENDATIONS TO YOU OR OPINE ON THE MERITS OF ANY TRANSACTION OR OPPORTUNITY. YOU ALONE ARE RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, STRATEGY OR TRANSACTION IS APPROPRIATE FOR YOU BASED ON YOUR PERSONAL INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES, AND RISK TOLERANCE.
YOU UNDERSTAND AND AGREE THAT: (A) ANY TRANSACTION, SWAP OR DELEGATION BY YOU THROUGH THE STAKING INTERFACE OR THE PLATFORM ARE CONSIDERED UNSOLICITED, WHICH MEANS THAT THEY ARE SOLELY INITIATED BY YOU; (B) YOU HAVE NOT RECEIVED ANY INVESTMENT ADVICE FROM US IN CONNECTION WITH ANY TRADES, TRANSACTIONS, SWAPS, OR DELEGATION, INCLUDING THOSE MADE THROUGH THE STAKING INTERFACE OR THE PLATFORM; AND (C) WE DO NOT CONDUCT A SUITABILITY REVIEW OF ANY TRADES, TRANSACTIONS, SWAPS OR DELEGATIONS MADE BY YOU.
You are solely responsible for the security of your self-custodial wallet.
You understand and agree that you are solely responsible for maintaining the security of your self-custodial wallet. You alone are responsible for securing your private keys. We do not have access to your private keys. Any unauthorized access to your self-custodial wallet by third parties could result in the loss or theft of any cryptoasset or funds held in your account and any associated accounts. You understand and agree that we have no involvement in, and you will not hold us responsible for managing and maintaining the security of your self-custodial wallet. The private key associated with the self-custodial wallet address from which you transfer cryptoassets is the only private key that can control the cryptoassets you send, swap, delegate or otherwise transfer into any smart contract or using any blockchain-based network.
You further understand and agree that the Staking Interface and the Platform are purely non-custodial applications, meaning we do not ever have custody, possession, or control of your cryptoassets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the cryptoasset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of the Staking Interface or Platform will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.
These Terms are not intended to, and do not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.
We reserve the right to restrict your access from engaging with the Staking Interface and the Platform.
You agree that we have the right to restrict your access to the Staking Interface and the Platform via any technically available methods if we suspect, in our sole discretion, that (a) you are using the Staking Interface or the Platform for money laundering or any illegal activity; (b) you have engaged in fraudulent activity; (c) you have acquired cryptoassets using inappropriate methods, including the use of stolen funds to purchase such assets; (d) you are the target of any sanctions administered or enforced by OFAC, the United Nations Security Council, the European Union, Her Majesty’s Treasury, or any other legal or regulatory authority in any applicable jurisdiction; (e) either you, as an individual or an entity, or your wallet address is listed on the SDN List, Non-SDN Lists, or any other sanctions lists administered by OFAC; (f) you are located, organized, or resident in a country or territory that is, or whose government is, the subject of sanctions, including but not limited to Côte d’Ivoire, Cuba, Belarus, Iran, Iraq, Liberia, North Korea, Sudan, and Syria; or (g) you have otherwise acted in violation of these Terms. If we have a reasonable suspicion that you are utilizing the Staking Interface or the Platform for illegal purposes, we reserve the right to take whatever action we deem appropriate.
We do not guarantee the quality or accessibility of the Services.
As a condition to accessing or using the Staking Interface and the Platform, you acknowledge, understand, and agree that from time to time, the Staking Interface and the Platform may be inaccessible or inoperable for any reason, including, but not limited to equipment malfunctions, periodic maintenance procedures or repairs, causes beyond our control or that we could not reasonably foresee, disruptions and temporary or permanent unavailability of underlying blockchain infrastructure or unavailability of third-party service providers or external partners for any reason.
You acknowledge and agree that you will access and use the Staking Interface and the Platform at your own risk. You should not engage in blockchain-based transactions unless it is suitable given your circumstances and financial resources. By using the Staking Interface and the Platform, you represent that you have been, are, and will be solely responsible for conducting your own due diligence into the risks of a transaction and the underlying smart contracts and cryptoassets. We are not liable for any third-party services or links.
We are not responsible for the content or services of any third-party, including, without limitation, any network or apps like Discord or MetaMask, and we make no representations regarding the content or accuracy of any third-party services or materials. The use and access of any third-party products or services, including through the Staking Interface or the Platform, are at your own risk. Please note that we do not have control over third-party services. Consequently, we cannot guarantee, endorse, or recommend such content or services to users of the Staking Interface or the Platform, nor can we endorse their use for any specific purpose.
What if I violate these Terms?
Yuma is free to terminate or suspend your right of access to the Staking Interface and the Platform for any reason in our discretion, including your breach of these Terms, Yuma’s Privacy Policy or Yuma’s Terms and Conditions. Yuma has the sole right to decide whether you are in violation of any of the restrictions set forth in any of the foregoing.
Limitation of Liability and Disclaimer of Warranties
COMPANY, ITS AFFILIATES AND SUBSIDIARIES, AND THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS, SUPPLIERS, OR LICENSORS (COLLECTIVELY, THE “COMPANY PARTIES”) MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE STAKING INTERFACE OR THE PLATFORM, INCLUDING BUT NOT LIMITED TO ITS ACCURACY, COMPLETENESS, TIMELINESS OR RELIABILITY. THE COMPANY PARTIES SHALL NOT BE SUBJECT TO LIABILITY FOR THE TRUTH, ACCURACY OR COMPLETENESS OF THE STAKING INTERFACE OR PLATFORM OR ANY OTHER INFORMATION CONVEYED TO THE USER OR FOR ERRORS, MISTAKES OR OMISSIONS THEREIN OR FOR ANY DELAYS OR INTERRUPTIONS OF THE DATA OR INFORMATION STREAM FROM WHATEVER CAUSE. YOU AGREE THAT YOU USE THE STAKING INTERFACE ANDTHE PLATFORM AT YOUR OWN RISK.
THE COMPANY PARTIES DO NOT WARRANT THAT THE STAKING INTERFACE OR THE PLATFORM WILL OPERATE ERROR-FREE OR THAT THE STAKING INTERFACE, THE PLATFORM OR THEIR SERVERS ARE FREE OF COMPUTER VIRUSES OR SIMILAR CONTAMINATION OR DESTRUCTIVE FEATURES. IF YOUR USE OF THE STAKING INTERFACE OR THE PLATFORM RESULTS IN THE NEED FOR SERVICING OR REPLACING EQUIPMENT OR DATA, NO COMPANY PARTY SHALL BE RESPONSIBLE FOR THOSE COSTS.
THE STAKING INTERFACE ANDTHE PLATFORM ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT ANY WARRANTIES OF ANY KIND. THE COMPANY PARTIES DISCLAIM ALL WARRANTIES, INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF TITLE, MERCHANTABILITY, NON-INFRINGEMENT OF THIRD PARTIES RIGHTS, AND FITNESS FOR PARTICULAR PURPOSE.
IN NO EVENT SHALL ANY COMPANY PARTY BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, INCIDENTAL AND CONSEQUENTIAL DAMAGES, LOST PROFITS, OR DAMAGES RESULTING FROM LOST DATA OR BUSINESS INTERRUPTION) RESULTING FROM THE USE OR INABILITY TO USE THE STAKING INTERFACE OR THE PLATFORM, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), OR ANY OTHER LEGAL THEORY, EVEN IF SUCH COMPANY PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
SOME STATES DO NOT ALLOW THE DISCLAIMER OR EXCLUSION OF CERTAIN WARRANTIES OR THE LIMITATION OR EXCLUSION OF LIABILITY FOR INCIDENTAL OR CONSEQUENTIAL DAMAGES. ACCORDINGLY, IN SUCH STATES, SOME OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU OR BE ENFORCEABLE WITH RESPECT TO YOU, AND THE LIABILITY OF THE COMPANY PARTIES SHALL BE LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.
IF YOU ARE FROM NEW JERSEY, THE FOREGOING LIMITATION OF LIABILITY PROVISIONS AND THE FOLLOWING INDEMNIFICATION PROVISION ARE INTENDED TO BE ONLY AS BROAD AS IS PERMITTED UNDER THE LAWS OF THE STATE OF NEW JERSEY. IF ANY PORTION OF THESE PROVISIONS IS HELD TO BE INVALID UNDER THE LAWS OF THE STATE OF NEW JERSEY, THE INVALIDITY OF SUCH PORTION SHALL NOT AFFECT THE VALIDITY OF THE REMAINING PORTIONS OF THE APPLICABLE PROVISIONS.
Indemnification
To the extent permitted under applicable law, you agree to defend, indemnify, and hold harmless the Company Parties from and against any claims, actions or demands, including, without limitation, reasonable legal and accounting fees, arising or resulting from your breach of these Terms or your access to, use or misuse of the Staking Interface or the Platform. Company shall provide notice to you of any such claim, suit, or proceeding. Company reserves the right to assume the exclusive defense and control of any matter which is subject to indemnification under this section. In such case, you agree to cooperate with any reasonable requests assisting Company’s defense of such matter.
Dispute Resolution
We will use our best efforts to resolve any potential disputes through informal, good faith negotiations. If a potential dispute arises, you must contact us by sending an email to updates@yumaai.com so that we can attempt to resolve it without resorting to formal dispute resolution. If we aren't able to reach an informal resolution within sixty days of your email, then you and we both agree to resolve the potential dispute according to the process set forth below.
Any claim or controversy arising out of or relating to any of the Staking Interface or the Platform, this Agreement, or any other acts or omissions for which you may contend that we are liable, including, but not limited to, any claim or controversy as to arbitrability ("Dispute"), shall be finally and exclusively settled by arbitration under the JAMS Optional Expedited Arbitration Procedures. You understand that you are required to resolve all Disputes by binding arbitration. The arbitration shall be held on a confidential basis before a single arbitrator, who shall be selected pursuant to JAMS rules, including where applicable the JAMS’ Mass Arbitration Procedures and Guidelines. The arbitration will be held in New York, New York, unless you and we both agree to hold it elsewhere. Unless we agree otherwise, the arbitrator may not consolidate your claims with those of any other party. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. If for any reason a claim by law or equity must proceed in court rather than in arbitration you agree to waive any right to a jury trial and any claim may be brought only in a Federal District Court or a New York state court located in New York County, New York.
Class Action and Jury Trial Waiver
You must bring any and all Disputes against us in your individual capacity and not as a plaintiff in or member of any purported class action, collective action, private attorney general action, or other representative proceeding. This provision applies to class arbitration. You and we both agree to waive the right to demand a trial by jury.
Miscellaneous
These Terms are governed by the internal substantive laws of the State of Delaware, without respect to its conflict of laws provisions. If any provision of these Terms is found to be invalid by any court having competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms, which shall remain in full force and effect. Failure of Company to act on or enforce any provision of these Terms shall not be construed as a waiver of that provision or any other provision in these Terms. No waiver shall be effective against Company unless made in writing, and no such waiver shall be construed as a waiver in any other or subsequent instance. Except as expressly agreed by Company and you, these Terms constitute the entire agreement between you and Company with respect to the subject matter, and supersedes all previous or contemporaneous agreements, whether written or oral, between the parties with respect to the subject matter. The section headings are provided merely for convenience and shall not be given any legal import. We may freely assign our rights under these Terms. These Terms will inure to the benefit of our successors and assigns. Any information submitted or provided by you to the Platform might be publicly accessible. Important and private information should be protected by you.