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BloFin Earn Service Agreement

Overview

1.1 This BloFin Earn Service Agreement (hereinafter as the “Agreement”) is a contract between you (“you”, “your” or “User”) and Blofin Global (“we”, “our”, “us” or “BloFin”). It sets out the terms and conditions that governs your use of Earn Services and related Products (the “Services”, "Service", or "BloFin Earn Service") through blofin.com or any of our associated websites, application programming interfaces or mobile applications (collectively the "Platform"). BloFin Earn Services is a saving product that BloFin offers as a digital asset value-added services to users for flexible returns. Users shall be able to earn market-based interests from subscribing and/or participating in the Service. The terms and conditions in this Agreement are to be read in conjunction with the Terms of Use and Privacy Policy. If the terms in this Agreement varies from that of the Terms of Use, Privacy Policy or such other agreement or publication pertaining to the Services as may be published by BloFin from time to time (the “Legal Documents”), the terms in this Agreement shall prevail. Before you use our Earn Services, you should carefully read and make sure you understand the provisions of this Agreement and the Terms.

1.2 By using the Services, you acknowledge that you have read, understood, and agree to be legally bound by the terms and conditions of this Agreement and the terms set out in the Legal Documents, including any revisions as may be published by us at any time and from time to time.

1.3 This Agreement and any applicable Terms or Legal Documents constitute the entire agreement and understanding regarding the use of any or all of the Services, and any manner of accessing them, between: You and BloFin, depending on your location, nationality, services used, and your level of KYC completed.

Eligibility of Using the Service

2.1 You acknowledge and agree that:

2.1.1 you have agreed to “BloFin Terms of Use”, and you are eligible for and not prohibited from using the “Services” defined therein;

2.1.2 this Agreement does not contradict with the laws of the country or region of your residence;

2.1.3 you are the legal owner of the Digital Assets you have deposited with the Service and aforesaid Digital Assets are obtained from legitimate sources;

2.1.4 you are at least 18 years of age and legally capable of forming a binding contract under applicable laws.

2.1.5 if you are accessing or using the BloFin Platform on behalf of a legal entity, you represent agree and warrant that such legal entity is duly organized and validly existing under applicable laws of the jurisdiction of incorporation AND you are duly authorized by such legal entity to act on its behalf.

2.1.6 you have the requisite and necessary experience and risk tolerance of using the service, and have the experience and knowledge to invest in non-guaranteed digital currency products;

2.1.7 in order to use the Service, you have the ability to perform operations on the Internet;

2.2 You are aware of and assume the risks of using the Service, which include but not limited to:

2.2.1 high price volatility of the Digital Assets and their derivatives could incur severe or total loss in a short period of time;

2.2.2 the insufficiency of Digital Assets deposited as margin or collateral could incur immediate liquidation of your Positions, and you could lose all Digital Assets you have deposited with the Service;

2.2.3 technology outrage could happen, which may delay or block your use of the Service;

2.2.4 market anomaly could happen, which may incur severe or total loss of your Digital Assets.

2.2.5 from time to time and at any time, in order to maintain the overall stability of the market, BloFin may need to add, remove, or change policies. Such action may be in favor or against an individual User.

2.3 You acknowledge and agree that:

2.3.1 You will not use the Service for any illegal purpose

2.3.2 nor conduct, initiate or promote any forms of market manipulation, including but not limited to illegal gambling, money laundering, fraud, extortion, data breaches, terrorist financing, and any other violent activities or any business activities prohibited by law.

2.3.3 You will not act in a manner which is contradictory to this Agreement, the Legal Documents, or other BloFin community values.

Definitions

3.1 BloFin Earn is a saving product that BloFin offers as a digital asset value-added service to users for flexible returns. Users may be able to earn market-based return from subscribing and/or participating in the Service.

3.2 “Service Fee” refers to the fees a user may pay to BloFin when subscribing or participating in the Service.

3.3 Other definitions relating to the Services include:

T hour: An hour on a normal trading day based on London time (UTC+0).

T day: A natural day based on London time (UTC+0).

Principal: certain amount of Digital Assets being deposited in the User’s Account for the purpose of using the Service.

Redemption: The redemption of the Digital Asset deposited in the Service and transfer back to the User’s Account.

Use of the Services

4.1 You can make commands, such as subscribe, deposit, lock up, redeem, etc. through the Platform. Once the command is set, you will not be able to cancel, revoke or edit it.

4.2 When your Digital Assets are successfully deposited and locked up, you agree to entrust and authorize BloFin as an intermediary to perform certain actions to certain amount of Digital Assets in your account, including but not limited to node voting and Digital Asset gain.

4.3 You may choose “fixed” or “flexible” term for subscribing the Service.

4.4 Flexible Term

4.4.1 Once your Digital Assets have been deposited upon subscription to the Service, you will earn interest from your Digital Assets deposited at the Platform with the interest rate displayed and varied every hour thereon.

4.4.2 If a User deposits the Digital Asset and the bid is successfully matched on the T hour, the hourly interest for the deposited Digital Asset shall be from T hour to T+1 hour and will be distributed on T+1 hour. All interests will be distributed to your Account. For details of the interest rate setting, calculation and distribution, please refer to this article.

4.4.3 Redemption rules: If a User selects “flexible” term for the Service, the User can redeem after entering the redemption command at any time. The redeemed Digital Asset may arrive at the User’s Account immediately depending on the token type.

4.5 Fixed Term