To the extent that these Grow Terms conflict with the Terms, the Terms shall prevail. These Grow Terms incorporate the Terms by reference in their entirety and form one agreement with those Terms. The purpose of these Grow Terms is to set out the relationship between The Sweat Foundation Ltd and you.By opting into Grow via the SWEAT Wallet or any other means made available to you via the Services, you accept to be bound by these Grow Terms. These terms of service particular to the Grow Feature within the SWEAT Wallet (‘ Grow Terms’) are supplemental to the SWEAT Wallet Terms (the “ Terms”).The Grow feature is purely a reward programme only.īefore using the Grow feature to create a Jar, you should consider carefully whether doing so is appropriate for you taking into account all of the circumstances. Any references in these Grow Terms or the Terms to ‘account’, ‘account balance’, ‘withdraw’ or any similar language does not imply and in no circumstances shall it establish or be taken to suggest that any form of custody relationship exists between us and you. Your SWEAT Wallet is not a bank account, deposit account, savings accounts, checking account or any other type of asset account and should not be characterised as a banking product or service. In addition, you accept and understand that The Sweat Foundation Limited is not a bank and your crypto assets in your SWEAT Wallet or in any Grow Jars that you create are not insured by any governmental insurance plan nor are they covered by any compensation scheme (including FSCS). By creating a Jar you accept these risks. We take appropriate precautions to protect your SWEAT from these risks but we do not guarantee you will be able to recover all of your SWEAT. We are prohibited by applicable regulations from repaying your SWEAT or the interest you earned. We are declared bankrupt or otherwise financially unable to repay the SWEAT locked in a Jar or the interest you earned or.A malicious actor gains access to your SWEAT Wallet.A malicious actor gains access to our systems.This might happen for a few reasons, including but not limited to: There is a material risk that you could lose some or all of the SWEAT you have placed in a Jar and not be able to recover it. RISK WARNING: The Grow feature in the SWEAT Wallet carries a risk of loss to your SWEAT capital.
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