These terms and conditions (the “Terms” or, shortly, “T&C”) govern the participation in the cSSV Genesis Boost Campaign (the “Campaign”), which is organized by SSV Network Operations LTD., a company incorporated under the laws of the British Virgin Islands and wholly-owned by SSV Foundation (jointly, “Company”, also referred to as “We”, “Our”, or “Us”). These Terms are part of the general SSV Terms of Service (the “General Terms”, available at SSV TERMS & CONDITIONS). The applicable DAO Proposal and any extensions thereto (“DIP”) shall also be deemed part of these Terms (as published at SSV TERMS & CONDITIONS). Participation in the Campaign shall be deemed a Service under the General Terms.
The Company operates under the governance framework of SSV Network DAO. Certain matters under these Terms, including but not limited to reward distribution and campaign termination, are subject to decisions made by SSV Network DAO in accordance with the applicable DAO Proposal.
BY PARTICIPATING IN THE CAMPAIGN, YOU (“PARTICIPANT”) ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD AND AGREED WITH THESE TERMS AND CONDITIONS AND RELATED TERMS AS REFERRED TO HEREIN.
Capital terms used herein and not defined shall have the meaning ascribed to them in the General Terms.
You must read the Terms carefully. The Terms form a legal agreement between you and Company. By participating in the Campaign you agree that you have read, understood, and agreed to be bound by these Terms. If you do not agree to these Terms, you must not participate in the Campaign. If you are acting for or on behalf of an entity, you hereby represent and warrant that you are authorised to accept these Terms and enter into a binding agreement with us on such entity’s behalf, and you accept these Terms both on behalf of such entity and on your own behalf.
THE TERMS CONTAIN IMPORTANT INFORMATION, PLEASE READ IT CAREFULLY.
1. Eligibility
In order to be a Participant, you must comply with the eligibility criteria contained in the General Terms. For the avoidance of doubt, no person is eligible for the Campaign who is headed in any Prohibited Territory or is subject to any Sanctions List or directly or indirectly owned, controlled, employed by, affiliated or associated with, or acts on behalf of any person (natural or legal) subject to any Sanctions List, as these terms are defined in the General Terms.
Employees and members of the SSV Foundation, SSV DAO Committees members and members of the SSV Labs shall not be eligible to participate in this campaign under any circumstances.
Likewise, individuals who are in a position to unlawfully benefit from privileged or non-public information related to the campaign, or who may illegitimately interfere with or manipulate its course, shall also be excluded from participation.
2. Campaign overview
The Company is launching a promotional staking campaign to incentivize early participation in SSV Staking on the Ethereum mainnet: the cSSV Genesis Boost Campaign.
3. Campaign Period
The Campaign shall commence on April 29, 2026, at 2:00 PM GMT+0, and end on May 29, 2026, at 2:00 PM GMT+0, for a total duration of thirty (30) days. The boost period may terminate earlier if the reward pool is exhausted before the scheduled end date.
4. Reward Pool
The total reward pool for the Campaign is USD $75,000, payable in SSV tokens. The SSV token price snapshot shall be taken on the first day of the Campaign going live.
5. Eligibility and Cohorts
Participants are categorized into two cohorts based on their SSV token holding status as of the snapshot date of April 22, 2026 at 12:00 PM GMT+0: (i) cohort 1 – OG SSV Holders: Wallet addresses that held SSV tokens as of the snapshot date and stake during the campaign period; and (ii) cohort 2 – New SSV Holders: Wallet addresses with zero SSV balance at the snapshot date, who subsequently acquire SSV tokens after the snapshot and stake during the Campaign period.
6. Reward structure
Participants classified under Cohort 1 (OG SSV Holders) shall be entitled to a reward multiplier up to 1.5x (representing a fifty percent (50%) boost) on base rewards throughout the thirty (30) day campaign window. Participants classified under Cohort 2 (New SSV Holders) shall be entitled to a reward multiplier up to 1.25x (representing a twenty-five percent (25%) boost) on base rewards throughout the thirty (30) day campaign window.
7. Staking Caps and Tiered Boost Limits
A minimum stake of fifty (50) SSV tokens is required to participate in the Campaign. The applicable boost percentage shall be determined according to the Participant's staking tier and cohort classification as follows: (a) for OG SSV Holders, staking up to five thousand (5,000) SSV tokens shall attract a fifty percent (50%) boost; staking between five thousand and one (5,001) and twelve thousand (12,000) SSV tokens shall attract a thirty percent (30%) boost; staking between twelve thousand and one (12,001) and twenty thousand (20,000) SSV tokens shall attract a twenty percent (20%) boost; and staking in excess of twenty thousand (20,000) SSV tokens shall not attract any promotional boost, with only base rewards applicable; and (b) for New SSV Holders, staking up to five thousand (5,000) SSV tokens shall attract a twenty-five percent (25%) boost; staking between five thousand and one (5,001) and twelve thousand (12,000) SSV tokens shall attract a fifteen percent (15%) boost; staking between twelve thousand and one (12,001) and twenty thousand (20,000) SSV tokens shall attract a ten percent (10%) boost; and staking in excess of twenty thousand (20,000) SSV tokens shall not attract any promotional boost, with only base rewards applicable.
8. Base Rewards
All participants earn base ETH rewards according to the applicable APR displayed on the dApp, without cap or multiplier limitations. The Campaign adds a launch promotional boost (multiplier rewards) distributed based on a boosted-weight formula, with boost rewards denominated in SSV tokens.
9. Lock-in Period
9.1. Minimum Lock-in: Participants acknowledge that SSV and cSSV are subject to a mandatory lock-in period (the "bonding period") during which such assets cannot be withdrawn, transferred, unstaked, or otherwise liquidated. During this period, Participants will not have access to their staked assets and will be unable to respond to market conditions, price volatility, or personal liquidity needs. The lock-in period creates illiquidity risk, and Participants should only stake assets that they can afford to have immobilized for the duration of the applicable lock-in period. Early withdrawal, where permitted, may result in forfeiture of accrued boosted rewards and potential penalties as set forth in these Terms. Participants in this campaign are subject to a lock-in period ending on August 27, 2026 at 2:00 PM GMT+0.
9.2. Early Unstaking Penalty: Any unstaking of SSV or cSSV tokens prior to the expiration of the Lock-in Period shall be subject to the following provisions:
(a) In the event that a Participant partially unstakes any SSV or cSSV tokens during the Campaign Period, such Participant shall: (i) forfeit all Boosted Rewards accrued as of the date of such unstaking; and (ii) remain eligible for Boosted Rewards solely with respect to the remaining staked tokens, provided that such Participant continues to satisfy all eligibility requirements set forth herein.
(b) In the event that a Participant completely unstakes all SSV or cSSV tokens during the Campaign Period, such Participant shall forfeit all Boosted Rewards and shall be permanently ineligible for any Boosted Rewards under this Campaign.
(c) In the event that a Participant unstakes any SSV or cSSV tokens, whether partially or in full, during the Lock-in Period, such Participant shall forfeit all accrued Boosted Rewards.
(d) For the avoidance of doubt, Base ETH Rewards shall not be affected by any unstaking pursuant to this Section 9.2.
9.3. Transfer of cSSV Tokens: If a Participant transfers cSSV tokens to a different wallet address during the Campaign period or the lock-in period, such Participant shall forfeit all accrued boosted rewards and shall become ineligible for any further promotional boost rewards under this Campaign.
10. Reward Calculation and Distribution
10.1. Pro-Rata Rewards: A participant's boost rewards will be calculated on a pro-rata basis based on the duration of their stake within the boost period, regardless of when they stake during the Campaign window.
10.2. Boost Eligibility Verification: A boost eligibility checker will be made available on the SSV Network website at https://ssv.network/cssv/genesis ..
10.3. Reward Calculation: Final boosted reward distribution shall be calculated by the SSV Labs Marketing team.
10.4. Reward Distribution: Rewards will be distributed once, through an airdrop mechanism or claim page, on the payout date. Distribution of rewards shall be handled directly by the DAO. The anticipated reward payout date is August 28, 2026, at 2:00 PM GMT+0. For further details and clarifications regarding the Distribution,
11. Claims
If a claim process will be chosen over an airdrop, Claims must be made through Third-Party websites or directly by the Participant by accessing the underlying Smart Contract. SSV Network DAO is not liable for rewards or the claiming process. You may be excluded from the Campaign in case of breach of the eligibility criteria, including Participants based or registered in a Prohibited Territory, that perform a Prohibited Activity or that have been slashed during the Campaign due to misconduct or misbehavior.
12. Termination
The termination date of the Campaign may change, subject to the SSV Foundation discretion (the “Termination Date”). The Company reserves the right to modify, suspend, or terminate the Campaign at any time, with or without notice, including but not limited to circumstances where the reward pool is exhausted prior to the scheduled end date. For further details and clarifications regarding the Termination Date.
13. No offer
The Company is not a registered or licensed trading platform, clearinghouse, exchange platform, bank, depository institution, investment firm or financial service provider and does not purport to convey or suggest otherwise.
14. No investment advice
The Company does not provide an investment advisory service, nor is it a registered investment advisor, broker-dealer or tax advisor and does not purport to convey or suggest the value of any assets or which assets users should buy or sell, or to the desirability of mining, staking or otherwise using the Platform’s features and services. Terms “investment”, “investing”, “deposit” and other similar terms as these may be used in the Campaign are not meant to mean investment service in this sense.
15. Disclaimer
It is the sole responsibility of the Participant to conduct appropriate due diligence, maintain access to validator keys, and ensure compliance with all technical and operational requirements. Participation through a third party does not guarantee eligibility for rewards or correct attribution under the Campaign(s). Moreover, the regulatory status of staking activities, digital assets, and blockchain-based services varies across jurisdictions and is subject to change. Participants are solely responsible for determining whether their participation in the Campaign complies with applicable laws and regulations in their jurisdiction. The Company makes no representation regarding the legality of staking in any jurisdiction and shall not be liable for any regulatory actions, enforcement proceedings, or legal consequences arising from a Participant's participation in the Campaign. Staking involves complex technological systems, including blockchain protocols, smart contracts, and cryptographic mechanisms. Participants acknowledge that significant information asymmetry exists between protocol developers and end users. Participants are solely responsible for conducting their own due diligence and obtaining independent technical and legal advice before participating in the Campaign.
16. Third Party Services
Where you use Third Party Services to provide stake services, SSV Network DAO, its affiliates, contributors or developers do not endorse, control or assume any responsibility for these Third Party Services providers (nor for their acts or omissions) and you will be subject to the terms and conditions applicable by those Third Parties.
17. No Liability
THE COMPANY SHALL NOT BE LIABLE FOR ANY LOSS, DAMAGES, MISMANAGEMENT OF KEYS, VALIDATOR SLASHING, MISSED REWARDS, OR OTHER ADVERSE OUTCOMES RESULTING FROM THE USE OF ANY THIRD-PARTY SERVICES, INCLUDING BUT NOT LIMITED TO MULTI-SIGNATURE WALLETS, STAKING POOLS, OR VALIDATOR NODE OPERATORS. SSV NETWORK DAO WILL NOT BE LIABLE FOR ANY ERROR IN CALCULATION OR PROCESSING, NOR FOR ANY CLAIMS OR REWARDS THEREOF. To the maximum extent permitted by applicable law, the Company shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from participation in the Campaign.
18. Indemnity
By using a Third Party Services Provider, Participants agree to indemnify and hold harmless the SSV Network DAO, its affiliates, contributors or developers from any claims or liabilities arising out of or related to such use.
19. General Provisions
19.1 DATA PROTECTION
The personal data of participants shall be processed in compliance with applicable laws in such matter.
For participants residing in the European Union, their personal data shall be processed in accordance with the General Data Protection Regulation (GDPR). In this regard, SSV Network, as the data controller, guarantees the security and confidentiality of all personal data processing activities.
The personal data of participants residing in the European Union, provided for the purpose of participating in this campaign, shall be stored in a file under the responsibility of SSV Network, in accordance with the following:
Purposes of Data Processing
The personal data of participants in this campaign shall be processed by SSV Network for the following purposes:
To manage participations in the campaign and to verify compliance with the necessary eligibility requirements.
To provide participants with the information necessary to ensure that their participation complies with these Terms and Conditions.
To verify the absence of fraudulent practices or conduct contrary to these Terms and Conditions.
To comply with legal obligations related to the campaign.
Furthermore, if the participant is eligible to receive a reward, his or her personal data shall also be processed for the following purposes:
To verify that the reward has been lawfully obtained and that participation complies with these Terms and Conditions.
To notify the participant of the reward obtained. The data provided by the participant when entering the campaign shall be deemed accurate for this purpose.
To deliver the reward.
Legal Basis for Data Processing
The processing of data for purposes (1), (2), (3), (5), (6) and (7) set out above is carried out on the basis of the necessity for the performance of this campaign, in which participants take part voluntarily. Failure to provide the required personal data will prevent participation in the campaign.
The processing of data for purpose (4) constitutes a legal obligation and is based on the necessity to comply with legal obligations to which SSV Network is subject, including obligations towards the Tax Authority, judges, courts, consumer associations, or any other third parties to whom SSV Network may be required to disclose information, in the event of a dispute or claim filed by the participant or by the SSV Network.
Updating of Data
As the data subject, you must promptly notify SSV Network of any changes to your personal data so that it can be updated accordingly. Unless otherwise communicated, SSV Network shall assume that the data provided remains current.
Data Retention Period
In accordance with applicable data retention policies and/or legislation, your personal data shall be kept for the duration of the campaign and thereafter for the period strictly necessary to comply with legal obligations.
Data Subject Rights
In accordance with applicable data protection legislation, you have the right to:
Request access to your personal data: you have the right to obtain confirmation as to whether or not personal data concerning you is being processed and, where that is the case, to request access to such data. Access to information includes, inter alia, the purposes of the processing, the categories of personal data concerned, and the recipients or categories of recipients to whom the data has been or will be disclosed. This right is not absolute and may be limited by the rights and interests of other individuals.
Obtain a copy of your personal data being processed.
Request rectification of your personal data: you have the right to obtain rectification of any inaccuracies in your personal data. Depending on the purposes of processing, you may also have the right to have incomplete data completed, including by means of a supplementary statement.
Request the erasure of your personal data: under certain circumstances, you may have the right to obtain the erasure of your personal data, and we may be obliged to delete it.
Request restriction of processing: under certain circumstances, you may have the right to restrict the processing of your personal data. In such cases, the data shall be marked and may only be processed for specific purposes.
Request data portability: under certain circumstances, you may have the right to receive the personal data you have provided in a structured, commonly used and machine-readable format and to transmit such data to another controller.
Lodge a complaint with the competent data protection supervisory authority in your country.
To exercise any of these rights, please refer to Section 7 of this Clause.
Recipients of Personal Data
In connection with the purposes described, SSV Network informs participants that, where data recipients are located outside the European Economic Area (EEA), personal data may be transferred to and processed by recipients listed at https://commission.europa.eu/law/law-topic/data-protection/international-dimension-data-protection/adequacy-decisions_en, which provide an adequate level of data protection in accordance with EU data protection law.
Recipients in the United States are certified under the EU-U.S. Data Privacy Framework and are therefore recognized as providing an adequate level of protection. Other recipients may be located in countries that do not ensure an adequate level of protection under EU law. SSV Network shall take all necessary measures to ensure that data transfers outside the EEA are appropriately safeguarded, in accordance with applicable Data Protection Law.
For transfers to countries without an adequate level of protection, SSV Network relies on appropriate safeguards, such as Standard Contractual Clauses adopted by the European Commission or a competent supervisory authority, approved codes of conduct with binding and enforceable commitments by the recipient, or approved certification mechanisms with similar commitments.
SSV Network may engage third parties to provide logistical or administrative support (e.g., delivery services, IT service providers). Such third parties may have access to personal data only to the extent necessary to perform their services.
Where the reproduction, public communication or publication of participants’ personal data takes place in media accessible from any country worldwide, such processing shall allow third parties outside the EEA to become aware of the personal data.
Exercise of Data Subject Rights
Participants, winners and any other data subjects may exercise the rights referred above before the SSV Network, accompanied by a copy of both sides of their identity card or another identification document, by email at hello@ssv.network.
The copy of the identity card or other identification document shall be used solely to verify the identity of the person exercising the rights of access, rectification, erasure or objection and shall be destroyed as soon as it is no longer required for that purpose. The request must specify the data controller to whom the rights are addressed and indicate the specific right being exercised
19.2. Disqualification: The Company reserves the right to disqualify any Participant who engages in fraudulent activity, manipulation, or any conduct that violates these Terms or applicable law.
19.3. No Guarantee of Rewards: Participants acknowledge and understand that staking rewards constitute compensation for services rendered to the network (namely, the provision of computational resources and participation in consensus mechanisms) and do not represent profits derived from the entrepreneurial or managerial efforts of the Company or any third party. The value, frequency, and availability of rewards are determined by protocol rules and network conditions and are not guaranteed by the Company. Reward rates may fluctuate based on network participation levels, protocol changes, and other factors beyond the Company's control. Participation in the Campaign does not guarantee receipt of any rewards. Rewards are subject to the availability of the reward pool and compliance with these Terms.
19.4. Tax obligations: Participants are solely responsible for any tax obligations arising from their participation in the Campaign and receipt of any rewards.
19.5. Amendments: The Company reserves the right to amend these Terms at any time. Any material amendments shall be communicated through the SSV Network website or official communication channels.
19.6. Governing Law: These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law provisions.
19.7. Entire agreement: These Terms constitute the entire agreement between the Participant and the Company with respect to participation in the Campaign and supersede all prior or contemporaneous communications, whether oral or written.
Contact us
In case of any questions in respect to these Terms please contact us at hello@ssv.network.
PLEASE REFER TO THE GENERAL TERMS AVAILABLE AT SSV TERMS & CONDITIONS FOR MORE INFORMATION ON THE SITE, APP AND PROTOCOL AND APPLICABLE RISKS.