cSSV Syndicate Boost Campaign – Terms and Conditions
Effective date: June 4, 2026
These terms and conditions (the “Terms” or, shortly, “T&C”) govern the participation in the cSSV Syndicate 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 here). The applicable DAO Proposal and any extensions thereto (“DIP”) shall also be deemed part of these Terms (as published here). 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.
Staking operates under a system of economic penalties known as "slashing". Slashing is a protocol-enforced mechanism whereby staked assets may be partially or wholly forfeited ("slashed") in the event of validator misconduct, including but not limited to: (a) validation of fraudulent or invalid transactions; (b) prolonged periods of inactivity or offline status; or (c) attempts to manipulate network consensus or double-sign blocks. The severity of slashing penalties is typically proportional to the nature and extent of the violation. Participants acknowledge and accept that slashing may result in partial or total loss of staked assets, and the Company shall bear no liability for any losses arising from slashing events.
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.
2. Campaign overview: The Company is launching the promotional staking campaign to incentivize early participation in SSV Staking on the Ethereum mainnet: the cSSV Syndicate Boost Campaign, targeting users who hold eligible partner ecosystem tokens.
3. Campaign Period: The Campaign shall commence on June 9, 2026, at 2:00 PM GMT+0, and end on July 9, 2026, at 2:00 PM GMT+0, for a total duration of thirty (30) days.
4. Reward Pool: The total reward pool for this Campaign is USD $57,000, payable in SSV tokens. The SSV token price snapshot shall be taken on the first day of the Campaign going live.
5. Eligibility: To be eligible for the Campaign, a participant's wallet must hold eligible partner ecosystem tokens as of the snapshot date of June 5, 2026.
6. Eligible Partner Tokens: For the purposes of the Campaign, a Participant shall be deemed eligible if, as of the applicable snapshot date, their wallet address holds any tokens issued by one or more of the following SSV ecosystem partners: Lido (including stETH, and LDO); ether.fi (including eETH, and weETH); Origin Ether (including OETH); Puffer (including pufETH) and Mantle (including mETH). The Company reserves the right to amend the list of eligible partner tokens at any time, subject to prior notice on the SSV Network website.
7. Reward Structure: Participants who satisfy the eligibility criteria for the Campaign shall be entitled to upto a flat reward multiplier of 1.2x (representing a twenty percent (20%) boost) on base rewards throughout the thirty (30) day campaign window.
8. Staking Caps and Tiered Boost Limits: A minimum stake equivalent to fifty SSV tokens (50 $SSV) is required to participate in the Campaign. The applicable boost percentage shall be determined according to the Participant's staking tier as follows: staking up to five thousand (5,000) SSV tokens shall attract a twenty percent (20%) 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.
9. Lock-in Period
9.1. Minimum Lock-in: Participants acknowledge that staked assets are subject to a mandatory lock-in period (the "bonding period") during which such assets cannot be withdrawn, transferred, 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 rewards and potential penalties as set forth in these Terms. Participants in this campaign are subject to a lock-in period of ninety (90) days from the date of staking.
9.2. Early Unstaking Penalty: If a participant unstakes their SSV tokens before the expiration of the lock-in period, such participant shall become ineligible for any promotional boost rewards and shall forfeit all accrued boost rewards. Base ETH rewards are not affected by early unstaking.
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 ssv.network/cssv/syndicate. The eligibility checker API shall be developed and maintained by SSV Labs.
10.3. Reward Calculation: Final boosted reward distribution shall be calculated by the SSV Labs Marketing team.
10.4. Reward Distribution: The rewards will be paid out once after the lock-in period (90 days post campaign period) is over through an airdrop method directly to the eligible wallets. Distribution of rewards shall be handled directly by the DAO. For further details and clarifications regarding the Distribution, please refer to the Campaign Frequently Asked Questions available at ssv.network/cssv/syndicate.
11. Claims. 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. Withdrawal. You may withdraw through the SSV App. Once the transaction is processed, your SSV token balance will reflect the withdrawn amount. The subsequent withdrawal period may vary depending on network conditions and the number of users exiting the network simultaneously. For detailed instructions, refer to the official SSV Network Documentation available at docs.ssv.network.
13. Termination. The termination date of the Campaign may change, subject to the DAO Proposal (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, please refer to the Campaign Frequently Asked Questions available at ssv.network/cssv/syndicate.
14. 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. The Campaign is not intended to constitute an offer of securities or Digital Assets or a solicitation for investment in, or purchase of securities or Digital Assets in any jurisdiction, nor is it intended to constitute a prospectus or offer document of any type.
15. 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.
16. Disclaimer It is the sole responsibility of the Participant to conduct appropriate due diligence, 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.
17. 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.
18. 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.
19. 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.
20. Data Protection
20.1. The personal data of Participants shall be processed in compliance with applicable laws in such matter.
20.2. 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, the Company, as the data controller, guarantees the security and confidentiality of all personal data processing activities.
20.3. 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 the Company, in accordance with the following:
Purposes of Data Processing
The personal data of Participants in this Campaign shall be processed by the Company for the following purposes: (1) to manage participations in the Campaign and to verify compliance with the necessary eligibility requirements; (2) to provide Participants with the information necessary to ensure that their participation complies with these Terms; (3) to verify the absence of fraudulent practices or conduct contrary to these Terms; and (4) 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: (5) to verify that the reward has been lawfully obtained and that participation complies with these Terms; (6) 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); and (7) 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 the Company is subject, including obligations towards the Tax Authority, judges, courts, consumer associations, or any other third parties to whom the Company may be required to disclose information, in the event of a dispute or claim filed by the Participant or by the Company.
Updating of Data
As the data subject, you must promptly notify the Company of any changes to your personal data so that it can be updated accordingly. Unless otherwise communicated, the Company 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: (i) request access to your personal data, including 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; (ii) obtain a copy of your personal data being processed; (iii) request rectification of any inaccuracies in your personal data and, depending on the purposes of processing, to have incomplete data completed; (iv) request the erasure of your personal data under the circumstances provided by applicable law; (v) request restriction of processing under certain circumstances, in which case the data shall be marked and may only be processed for specific purposes; (vi) request data portability, i.e., 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; and (vii) lodge a complaint with the competent data protection supervisory authority in your country.
Recipients of Personal Data
In connection with the purposes described, the Company informs Participants that, where data recipients are located outside the European Economic Area (EEA), personal data may be transferred to and processed by recipients located in countries 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. For transfers to countries without an adequate level of protection, the Company 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.
The Company 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.
Exercise of Data Subject Rights
Participants and any other data subjects may exercise the rights referred to above before the Company, 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 data subject rights 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.
21. General Provisions
21.1. 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.
21.2. 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.
21.3. Tax obligations: Participants are solely responsible for any tax obligations arising from their participation in the Campaign and receipt of any rewards.
21.4. 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.
21.5. 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.
21.6. 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.network/legal/terms-of-service FOR MORE INFORMATION ON THE SITE, APP AND PROTOCOL AND APPLICABLE RISKS.
