Last update: 10. October 2024
Welcome to https://ep-storm.com/. These Terms govern your use of the STORM website (“Site”) and services (“Services”), which include accessing a decentralized protocol on the Electra Protocol blockchain via our user interface (“Platform”), and any related software, apps, tools, or features. By using the Services, you (“User”) agree to these Terms with STORM (“we,” “us,” or “our”), the group managing the Site.
These Terms form a contract between you and us, outlining the conditions for accessing the Services. By using the OmniXEP wallet or any Services, you confirm that you have read, understood, and accepted these Terms. The only information we collect is your blockchain wallet address and transaction details; we do not collect personal information. See our Privacy Policy for more details.
The content on https://ep-storm.com/ is for informational purposes and is not financial, investment, or legal advice. Engaging with the STORM project involves risks, including potential financial loss. Users are responsible for their actions and should consult financial advisors before participating. STORM does not manage user assets directly; all transactions are executed through users' wallets. We are not liable for any losses due to market changes, technical issues, or third-party failures.
Please note: Please read the Terms carefully. The Terms contain important information, including the risks you take in using our Services and the indemnity you provide to us. If a dispute arises between you and us that cannot be resolved, it is mandatory to use arbitration as a dispute resolution mechanism, and you cannot initiate or participate in class action proceedings. You should only access the Services if you agree completely with these Terms and Conditions.
Our Services involve Digital Assets, which are digital representations of value built on cryptographic protocols, such as cryptocurrencies or virtual currencies. Trading or dealing in Digital Assets carries risks, some of which are outlined in these Terms.
Please note that STORM is an experiment in the field of decentralized services, in which participation is entirely at your own risk.
The STORM token is a digital asset within a decentralized network, offering utility in the Electra Protocol ecosystem. It is not a security, currency, or investment, and its value can fluctuate with market conditions. Users should be aware of the risks involved and note that STORM tokens do not provide ownership rights or profit entitlements. The project's team makes no guarantees about future token performance.
Your use of the Services is subject to the Terms in effect at that time. We may update the Terms without prior notice, with changes taking effect upon posting. Continued use of the Services indicates acceptance of the revised Terms.
Some Services may not be available in all regions or to all users. We may change or discontinue any part of the Services at any time, without liability.
By using our Services, you agree to these Terms. If you do not agree, you may not access or use the Services.
Your use of certain Services may also be subject to additional terms and policies posted on the Site from time to time.
These additional terms will be incorporated into your contract with us when you use those Services. If there is a conflict between these Terms and any additional terms for a specific Service, the additional terms will take precedence for that Service.
Your use of our Services is subject to the following conditions:
You must be at least 18 years old.
You must not access or use the Services if prohibited by law or these Terms. By using the Services, you confirm that you have the right and capacity to enter into these Terms, meet all eligibility requirements, and that your use complies with applicable laws in your jurisdiction.
You must not be subject to any sanctions or be a citizen or resident of a country subject to sanctions that prohibit dealings with that country. Sanctions programs refer to regulations from entities like the U.S. Treasury's OFAC, the U.S. Securities and Exchange Commission, and others.
You must not act on behalf of a company or legal entity that falls under the restrictions mentioned above.
The Services we may provide to you include the provision of a Platform or passive income on which Users may access decentralized finance (“DeFi”) services such as lending, liquidity providing, trading and staking, and develop or launch their own DeFi applications. You may also purchase, use and trade in our Token, known as STORM Token, in OmniXEP under contract #179.
STORM's tokenomics, including but not limited to the allocation, distribution, and supply of tokens, are subject to change at the discretion of the STORM team or in response to changing market conditions, regulations, or technical developments. Any changes to the tokenomics will be communicated through official channels, but users should be aware that such changes could affect the value, utility, or availability of STORM tokens.
Staking Rewards Calculation and Distribution: We will calculate and distribute staking rewards based on your Tokens for the duration of your staking period. Details on the calculation, estimated amounts, and distribution timing are available on our website and may change. Distributions will generally be in the same cryptocurrency as the Tokens.
Taxes: You are responsible for any taxes related to your staking rewards. We do not provide tax advice, and you should consult your tax advisor regarding potential tax consequences.
Rewards Distribution: Staking rewards will be transferred directly to the Wallet address holding your STORM tokens.
Estimated Yield: The estimated reward yield displayed on our website is not guaranteed. Your actual yield may be lower, and you have no legal claim to staking rewards. STORM can stop staking without notice and return staked tokens without rewards.
Participation Rejection: STORM reserves the right to reject your participation in staking without explanation.
Agreement Amendments: STORM may amend this Agreement at any time and is not liable for any losses resulting from your misunderstanding or delay in reviewing changes.
Service Interruptions: STORM is not liable for losses resulting from service interruptions due to maintenance, system failures, force majeure events, hacking, or other technical issues. You acknowledge that such circumstances may lead to abnormal transactions, and STORM reserves the right to refuse to execute commands based on the situation. You understand that STORM is not liable for any resulting losses.
To use our Services, you need an OmniXEP or compatible Digital Asset wallet (“Wallet”) to identify your activity on our Platform.
You are responsible for all actions taken using your linked Wallet until you notify us of a compromise. Please inform us immediately if you suspect any security issues.
STORM may restrict or close your linked Wallet if we believe you've violated these Terms.
STORM does not control or have custody of your Wallet’s contents and is not liable for any issues related to it. Any problems should be directed to your Wallet provider. We are not responsible for any actions related to your Wallet being compromised.
You must provide the necessary equipment, connectivity, and software to access the Services and are responsible for any associated costs, including Internet or mobile fees.
STORM project operates on the Electra Protocol blockchain. As such, the functionality, security, and performance of STORM are dependent on the Electra Protocol’s underlying infrastructure. STORM makes no warranties regarding the continued functionality or future availability of Electra Protocol and is not liable for any issues arising from faults or disruptions in the underlying blockchain technology.
Also please, notice that STORM project is own by individual ( 1 person ) and has nothing to do with Electra Protocol official activities!
The Service, Site, and Platform contain various types of Content, including text, images, software, and more (“Content”). All STORM’s Content belongs to us or our licensors.
You retain ownership of any intellectual property rights to the Content you post or submit (“Your Content”) and grant us a license to use, store, and analyze it for our Services without notice or compensation. This license ends when Your Content is removed from the Platform.
Prohibited Activities
You agree not to engage in the following without our prior written consent:
Use or display STORM’s name, trademarks, or Content in any unauthorized way.
Modify or misuse STORM's Content in a way that harms our brand.
Attempt to acquire additional rights to STORM’s Content.
Circumvent any fees owed to us.
Hack our Services or upload harmful software.
Use unauthorized tools to access or download Content.
Reverse engineer our software.
Collect personal information from other Users without consent.
Post unauthorized or harmful Content.
Use STORM’s Content in hateful or violent contexts.
Misrepresent your affiliation with us.
Use the Services for illegal activities, money laundering, or deceptive trading.
Disrupt the Services for competitive advantage.
Spam other Users or violate any laws.
If you notice any violations, please report them to us via our official Telegram channel.
We do not guarantee or commit to buying back, redeeming, burning, or offering similar features for the STORM Token or other Digital Assets. However, we may choose to do so at our discretion. We are not obligated to notify any User or third party before exercising this right.
You acknowledge and agree that your purchase, sale, holding, receipt, or use of STORM Tokens, other Digital Assets, or any assets from our Services does not:
Represent a loan, capital contribution, or investment in STORM or any entity that directly or indirectly controls, is controlled by, or is under common control with STORM (“Affiliates”);
Grant you any ownership interest, equity, security, or rights to the assets, properties, revenues, profits, or voting rights of STORM or its Affiliates; and
Establish or imply any fiduciary or agency relationship between you and STORM, its Affiliates, or any of its directors, officers, employees, or agents.
You represent and warrant that:
If you are using the Services on behalf of a company or entity, "you" refers to both you and that entity. You confirm that you are an authorized representative of the entity with the authority to bind it to these Terms, and you agree to these Terms on its behalf.
You possess the knowledge, experience, and sophistication to use blockchain technology, engage in blockchain-based transactions, and utilize our Services effectively.
You have conducted due diligence and are satisfied with the legitimacy, authenticity, and legality of your right to acquire, resell, or otherwise manage Digital Assets.
You will not accept, solicit, offer, or engage with other Users, transact on or off the Platform, or interact with smart contracts with the intent to manipulate the price of STORM Tokens or other Digital Assets through artificial devaluation or inflation.
You will not engage in any unlawful or deceptive practices that could hinder fair trading, manipulate the price of STORM Tokens or other Digital Assets, create a false demand for any Digital Assets, or engage in any anti-competitive behavior.
STORM project may contain links to third-party websites or services that are not owned or controlled by STORM. STORM has no control over and assumes no responsibility for the content, privacy policies, or practices of any third-party websites or services. The inclusion of any external links does not imply endorsement or affiliation. Users access any third-party websites at their own risk.
Unless stated otherwise in writing, STORM’s Content is the proprietary property of STORM, its Affiliates, or licensors. You may not use STORM's Content to link to the Service without our express written permission, nor may you use framing techniques, metatags, or hidden text to enclose any of STORM's Content.
STORM and its Affiliates exclusively own all rights to the Service and its associated intellectual property. The Site's appearance and style are trademarks of STORM and may not be copied or used without our permission. You agree not to remove or alter any copyright or trademark notices associated with the Service and will not apply for or use our trademarks without prior consent.
We may terminate the accounts of Users who repeatedly infringe on STORM's intellectual property rights. If you comply with these Terms and applicable laws, you are granted a worldwide, non-exclusive, revocable, and limited license to use STORM’s Content solely for personal use in connection with the Services.
You may not republish STORM's Content or incorporate it into other databases without our written permission. Unauthorized use will terminate your license and may violate copyright and trademark laws. This license can be revoked by us at any time without notice or cause.
If a third party owns the intellectual property associated with the Services, including but not limited to copyrights, patents, or trade secrets ("Third Party I.P."), you acknowledge and agree to the following:
Provided you are eligible to use the Services and comply with these Terms and applicable laws, you are granted a worldwide, non-exclusive, revocable, non-transferable, non-assignable, non-sub-licensable, royalty-free, limited personal license to use the Third Party I.P. solely for your own purposes in connection with the Services.
You may only use the Third Party I.P. in its current condition without modifying, editing, or changing it in any way.
We may impose additional restrictions on your use of the Third Party I.P. based on our license.
If we notify you of any additional restrictions in writing, you are responsible for complying with them from the date you receive the notice. Failure to do so will be considered a breach of your license.
You are solely responsible for all costs associated with using the Services, including determining, collecting, reporting, and paying all applicable taxes ("Taxes"). Taxes refer to all federal, state, local, and national charges, including income, sales, property, and other governmental fees. The Services may also involve platform fees, termed "STORM Tax," which are simply service fees and distinct from personally payable Taxes, which are your responsibility based on your jurisdiction.
All payments made to STORM, other users, or the platform must be made in full without deductions or withholdings unless legally required. If a deduction is necessary, you must ensure it does not exceed the minimum required and pay any additional amount needed so that the net amount received is equal to the original amount.
We reserve the right to report any activity to the relevant Tax authorities as required by law. You are responsible for maintaining your Tax records and complying with any reporting requirements related to our Services.
We may impose fees, commissions, STORM Tax, and other charges ("Fees") at our discretion. By using our Services, you agree to pay all applicable Fees and authorize us to automatically deduct them from your payments. All Fees are non-refundable unless determined otherwise by STORM or applicable third parties.
Unlawful Purposes: Digital Assets intended primarily for fundraising for terrorist organizations are strictly prohibited on the Platform.
Stolen Content: The sale of stolen or illegally obtained Digital Assets on the Platform is not allowed. If you suspect that any Digital Asset supported by the Platform was acquired unlawfully, please contact us immediately. Engaging in transactions involving illegally obtained Digital Assets may lead to the suspension of your access to the Services.
Monitoring and Investigations: We are not required to monitor access to or use of the Services or to review or edit any Content on the Site or Platform. However, we reserve the right to do so to operate the Services, ensure compliance with these Terms, and adhere to applicable laws. We may remove or disable access to Services or Digital Assets at any time and without notice if we deem it objectionable or in violation of these Terms. We also have the right to investigate any violations of these Terms or conduct that impacts the Services.
System Maintenance: We may temporarily interrupt your access to the Services at our discretion for various reasons, including updates, maintenance, equipment malfunctions, or repairs.
You accept and acknowledge the following:
The price of Digital Assets can fluctuate significantly, and you may lose all money spent on them.
You have researched before interacting with Digital Assets and use the Services at your own risk.
Digital Assets exist solely due to ownership records on their supporting blockchain, and we do not guarantee successful title transfers. Transactions may be irreversible, with losses from fraudulent or accidental actions potentially unrecoverable. Transactions are recorded on a public ledger, which may not reflect the initiation date.
The Services may be temporarily unavailable for maintenance or other reasons. STORM is not responsible for any communication failures, errors, or delays while using the Services.
STORM is not liable for risks associated with using the Services, including non-recoverable transactions, fraud, unauthorized access, hardware or software failures, protocol changes, regulatory changes, lack of public interest, or decisions by third-party platforms.
We do not provide financial, legal, tax, or professional advice. Consult a qualified advisor for such matters.
Links to Third Party Websites or Content:
The Services may link to third-party websites or content for convenience, but we are not responsible for their content, products, or services. You assume all risks associated with using third-party resources. References to other products or services do not imply endorsement or recommendation by STORM.
If you choose to sell, purchase, or trade Digital Assets, all transactions will occur exclusively through the blockchain network governing those assets, and payments will be made solely through your Wallet. We have no control over these transactions and cannot reverse them, so we are not liable for any claims or damages arising from your transactions.
Your use of the Services is at your own risk. The Services, including listed Digital Assets, are provided "as is" without warranties of any kind. STORM (and its service providers) do not guarantee:
That the Services will meet your needs.
Uninterrupted, timely, secure, or error-free availability.
The legality, accuracy, or safety of the Services or STORM's Content.
The value or fairness of any Digital Assets available for sale.
STORM disclaims all warranties, express or implied, to the fullest extent permitted by law, including implied warranties of merchantability and fitness for a particular purpose.
We are not liable for any losses related to your use of the Services, including losses from user errors, purchase issues, compromised Wallets, server failures, unauthorized access, third-party activities, or blockchain issues.
STORM is also not liable for any losses if we decide to buy or sell Digital Assets at our discretion.
Some jurisdictions may not allow the exclusion of implied warranties, so the above disclaimer may not fully apply to you. Nothing in these Terms limits either party's liability for fraud, legal violations, or activities that cannot be limited or excluded by law.
To the fullest extent allowed by law, neither STORM nor its service providers involved in creating, producing, or delivering the Services will be liable for any incidental, special, punitive, exemplary, or consequential damages. This includes damages for lost profits, revenues, savings, business opportunities, data loss or goodwill, service interruptions, computer damage, system failures, or costs of substitute services arising from these Terms or the use or inability to use the Services. This applies regardless of the legal theory involved, including warranty, contract, tort (including negligence), or product liability, and whether or not STORM or its service providers were aware of or could foresee such damages.
Additionally, to the maximum extent permitted by law, neither STORM nor its service providers will be liable for any damage to your computer system, mobile device, or data resulting from your use of the Services or any third-party sites.
In no event shall STORM's total liability related to these Terms or your use of the Services exceed the amount you have paid or are payable to STORM for the use of the Services, or one hundred U.S. Dollars (USD 100) if you have not incurred any payment obligations to STORM.
The exclusions and limitations of liability outlined above are essential to the agreement between you and the STORM project.
To the fullest extent allowed by applicable law, you agree to indemnify, defend, and hold harmless STORM, along with our past, present, and future Affiliates, owners, employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, agents, representatives, predecessors, successors, and assigns, from any and all actual or alleged third-party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, but not limited to, attorneys’ fees), and costs (including, but not limited to, court costs, settlement costs, and costs associated with seeking indemnification and insurance) of any kind, whether known or unknown, foreseeable or unforeseeable, matured or unmatured, or suspected or unsuspected, in law or equity, including in tort or contract (collectively, “Claims”). This includes, but is not limited to, claims for property damage or personal injury arising from or related to:
Your use or misuse of the Services;
Your breach of these Terms;
Your handling or disposal of any Digital Assets;
Your negligence or intentional misconduct; or
Your violation of third-party rights or applicable law.
You agree to promptly inform us of any Claims and cooperate in their defense. Furthermore, you acknowledge that STORM will have control over the defense or settlement of any third-party Claims. This indemnity is in addition to any other indemnities outlined in any written agreement between you and STORM.
The laws of some jurisdictions may limit or not permit certain provisions of this Agreement, such as indemnification, the exclusion of certain warranties or the limitation of liability. In such a case, such provisions will apply only to the maximum extent permitted by the laws of such jurisdictions. Also, you may have additional legal rights in your jurisdiction, and nothing in these Terms will prejudice such rights that you may have as a consumer of the Services under such applicable law.
We may suspend or terminate your access to the Services at any time in accordance with applicable law, at the request of any governmental authority, or if we reasonably determine, at our sole discretion, that you are violating these Terms or the terms of any third-party service provider. Such actions will not be considered a breach of these Terms by STORM. In line with our anti-money laundering, anti-terrorism, anti-fraud, and compliance policies, we may impose reasonable limitations on your ability or that of any beneficiary to use the Services. These limitations may include rejecting transaction requests, freezing funds, or imposing other restrictions when justified. We also reserve the right to cooperate with law enforcement and disclose any information in our possession or from our Services as necessary to comply with applicable laws and legal processes.
You acknowledge and agree that we will not be liable or have any obligations to you in the event of such suspension or termination, and you will not be entitled to a refund for any amounts already paid. Upon termination of these Terms, all sections that are intended to survive termination will remain in effect. Termination will not limit any other rights or remedies we may have at law or in equity.
These Terms and any related actions will be governed by the laws of Slovakia, without regard to the conflict of laws principles of Slovakia or any other jurisdiction.
You and STORM agree that any dispute, claim, or controversy arising out of or relating to these Terms, including their breach, termination, enforcement, interpretation, or validity, or the use of the Services (collectively, "Disputes"), shall be referred to and finally resolved by arbitration in accordance with the rules of the Slovak arbitration law. The number of arbitrators shall be one. The place of arbitration shall be in Slovakia, unless otherwise agreed by the Parties. The language used in the arbitration proceedings shall be Slovak.
The parties agree that the arbitrator shall have exclusive authority to decide all issues relating to the interpretation, applicability, enforceability, and scope of this arbitration agreement. This arbitration provision shall survive the termination of these Terms.
Exceptions
As limited exceptions to the above section:
You and STORM may seek to resolve a Dispute in a small claims court if it qualifies, provided the claims remain solely in such court.
You and STORM each retain the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of our intellectual property rights.
You and STORM agree to make a sincere effort to resolve any disputes in good faith before pursuing arbitration, filing a small claims court action, or seeking equitable relief for intellectual property infringement. If the parties are unable to reach a resolution within sixty (60) days of initiating the dispute resolution process, either party may proceed with arbitration, file a case in small claims court, or seek injunctive or equitable relief in a court with appropriate jurisdiction for matters related to intellectual property infringement, provided the claims meet the necessary criteria.
Payment of filing, administrative, and arbitrator fees will follow applicable rules, and we will not attempt to recover the administration and arbitrator fees we are responsible for unless the arbitrator determines that your dispute is frivolous. If you win in arbitration, you may be eligible for an award of attorney's fees and expenses as allowed by the applicable law.
Both you and STORM waive the right to a jury trial and to participate in any class, representative, or consolidated action or proceeding. Additionally, if the Dispute is resolved through arbitration, the arbitrator is not permitted to combine another person's claims with yours or oversee any form of representative or class proceeding without the written consent of all parties involved.
We reserve the right to sell or purchase any quantity of Digital or real-world Assets at our sole discretion. We are not required to warn any User or a third party when we decide to exercise this right.
We reserve the right, at any time, in our sole discretion, to block access to the Services from certain I.P. addresses and unique device identifiers.
These Terms constitute the entire and exclusive understanding and Agreement between STORM and you regarding the Services, and these Terms supersede and replace all prior oral or written understandings or agreements between STORM and you regarding the Services.
You may not assign or transfer these Terms, by operation of law or otherwise, without our prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null. STORM may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.
No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default.
If an arbitrator or court of competent jurisdiction decides that any part of these Terms is invalid or unenforceable, then the invalid or unenforceable part will be severed from the Terms while the remaining parts of these Terms will remain in full force and effect.
By using our Services, you agree to receive electronic communications from us, which may include messages on third-party platforms, the Platform itself, or other channels.
Any notices or communications from STORM under these Terms will be made by posting on the website, our official Telegram channel, our official X page, or any other platform we may notify you about.
A notice posted on the Platform or another platform will be considered a written notice for the purposes of these Terms once recorded as posted by the system. If the posting occurs outside of regular business hours (8:00 am to 5:00 pm) in the recipient's location, the notice will be deemed received at the start of the next business day in that place.
STORM’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of STORM project. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.
STORM project shall not be liable for any action, omission, duty or obligation due to any occurrence that is beyond our control, including:
any future laws or regulations;
any act of God or war;
terrorism;
any epidemic or pandemic;
hacking or other attacks on the Services;
the unavailability, disruption or malfunction of any network or blockchains;
the unavailability, disruption or malfunction of the Internet; or
any unavailability, disruption or malfunction of any system, software, network or infrastructure necessary for the Services to function.
If you have any questions about these Terms or the Services, please contact us at our official Telegram channel. We welcome feedback and suggestions for our Services. You agree that any feedback provided to us can be used at our discretion in any manner, without notice and without compensation to you.