Staking Policy

General Risks 

Staking services are subject to all of the terms and conditions of the User Agreement, which terms are subject to change. You have no right to rewards associated with staking services unless and until such rewards are received by Ndax pursuant to a successful validation transaction, at which time the rewards will be transferred to your account balance. Ndax cannot guarantee that you will receive any specific staking reward. Any estimate of a rewards percentage provided by Ndax is an estimate only and may change at any time without notice in Ndax’s sole discretion. Staking services provided by Ndax are opt-in accessible services only. Ndax bears no liability for losses incurred because of its staking services, including those resulting from on-chain contract security breaches. A determination by a crypto asset’s network, which is outside of the control of Ndax, may resulting in staking services being operated erroneously. This may result in a “slashing penalty” and/or the non-payment of expected staking rewards. Ndax has no obligation to compensate you for any slashing penalty or any non-payment of staking rewards.

Applicable laws, rules and interpretations and judicial and similar decisions may affect Ndax’s ability to offer staking services and may adversely affect the value and use of, and your ability to transfer, your crypto assets and the operations of the Ndax staking service. The tax treatment of certain crypto asset transactions is uncertain and it is your responsibility to determine what taxes, if any, arise from all transactions with your crypto assets, including staking, and to properly report and pay all such taxes. Ndax does not provide any investment, legal, tax or other advice to you in connection with staking services or otherwise. You should conduct your own due diligence and consult your own advisors before making any decision to participate in staking services.  Neither your Ndax account balance, nor any of your staked crypto assets, are eligible for deposit insurance or any protection from either the Canada Deposit Insurance Corporation or the Canadian Investor Protection Fund.  

For more information on the general risks involved in the staking service, please also see our User agreement and Risk Disclosure Statement.

Certain Staking Services Terms

You can cancel you opt-in to the staking services for any crypto asset within the first four hours of your initial opt-in.

Please consult the table below for additional terms that apply to the staking service for particular crypto assets: 

For purposes of the above table:

• “Instant Redemption” may be available for flexible plans on a first come, first serve basis, subject to availability. If elected, your opt-out is effective immediately, and you are not entitled to any rewards generated within the reward period. This is subject to Ndax liquidity management provisions to fulfill client instructions to sell or transfer Crypto Assets prior to the unbonding period.
• “Standard Redemption” means that your opt-out is delayed for the period of time indicated in the above table, but you collect any reward generated up to and including the end of the reward period.”
• “Ndax Admin Fees” refers to the percentage fee on the total amount of the reward generated through staking.
• “Bonding Period” refers to the amount of time it takes before you begin to generate staking rewards for the crypto asset from the time you started staking that crypto asset.

Staking Opt Out Policy

PLEASE READ THIS CAREFULLY. BY PROCEEDING TO OPT-OUT OF STAKING SERVICES, YOU ACKNOWLEDGE AND ACCEPT THE STATEMENTS SET OUT BELOW.

If you opt-out of staking services, you will no longer earn any APY on the crypto assets in your account. You will have no ability to claim any APY and will have no rights against Ndax for lost revenue or otherwise on the basis that Ndax did not advise you as to the implications of opting-out from the staking services.

Last Updated 2/10/2026