01Acceptance
These Terms govern your use of the VORA Chain explorer at vorascan.io, the validator staking page and the public RPC endpoint for VORA Chain 3318. By connecting a wallet or sending a transaction to the staking contract you confirm you have read and accepted them. If you do not accept them, do not use the Services.
It sets out the risks in plain terms, including the ones that can cost you money. Nothing else on this site replaces it.
02Eligibility
By using the Services you represent that:
- You are at least 18 years old, or the age of legal majority where you live.
- You are not subject to sanctions under any applicable regime, and are not acting for anyone who is.
- Your use of the Services is lawful where you are. Digital-asset rules differ by country and it is your responsibility to know yours.
- You are acting on your own behalf and control the wallet you connect.
03What a validator seat is
The staking contract offers a fixed number of seats. The terms are set in the contract code and cannot be varied for individual participants.
| Term | Value |
|---|---|
| Total seats | 100, fixed |
| Cost of one seat | 1,000,000 VORA, exactly |
| Seats per wallet | One. One wallet holds at most one seat |
| Lock period | 1 year from the moment your deposit is made |
| Network fee share | 50% of collected fees, split evenly among seat holders. The remaining 50% goes to the project |
| APY | Paid from a separately funded treasury; the rate is set by the contract owner and can change |
A seat is an economic position in the staking contract. It entitles you to a share of collected network transaction fees and to APY paid from the treasury. It is not a security, not a share in a company, and it does not by itself confer governance rights over the project.
04Rewards, lock and withdrawal
- Rewards accrue continuously and can be claimed at any time, including during the lock. Claiming does not end your seat.
- The lock is fixed when you stake. Your unlock time is written once, at the moment of deposit, and the contract cannot extend it afterwards - not by the owner, not by anyone.
- Principal is returned in full. On withdrawal after the lock, the full 1,000,000 VORA comes back, plus any rewards still owed. Your seat is then released for someone else.
- Funds are kept in separate buckets. Deposits, the APY treasury and unclaimed rewards are tracked independently inside the contract and never mix.
- The treasury has a floor. The contract prevents the owner from withdrawing treasury funds below the interest validators have already earned.
05Fees, gas and taxes
Every transaction you send costs gas in VORA, paid to the network, not to us. Gas is not refundable, including on a transaction that reverts.
You are solely responsible for determining and paying any tax arising from staking, rewards or disposal of VORA in your jurisdiction. We do not provide tax reporting and do not withhold on your behalf.
06Risks you accept
This section is the important one. By staking you accept all of the following.
- The APY rate can be lowered. It is set by the contract owner and is not fixed for the life of your stake.
- The treasury can run short. APY is paid only from what has been funded. If funding does not keep pace, interest payments fall behind. The page shows the treasury balance and runway so you can see this coming.
- Your capital is locked. For one year you cannot withdraw your principal, whatever happens to the price, the network or your circumstances.
- Fee income is variable. The 50% validator share depends entirely on how much the network is used. It can be very small, and it can be zero.
- The coin can lose value. VORA has no guaranteed price. Rewards earned in VORA can be worth less than the gas you spent to claim them.
- Smart contracts can contain defects. Code is reviewed and tested, but no review guarantees the absence of bugs. See the Security page for exactly what review has and has not been done.
- The network is operated by a small validator set. VORA Chain 3318 runs a permissioned QBFT consensus. It is not decentralised in the sense a large public chain is, and availability depends on the operator.
- Loss of wallet access is final. If you lose your key or seed phrase, nobody can recover your seat or your funds. There is no reset.
07No advice, no guarantee
Nothing on this site is investment, financial, legal or tax advice, and nothing on it is an offer or solicitation to buy anything. Figures shown are read live from the contract and describe present conditions only. Past or present yield is not a promise of future yield.
The Services are provided on an as is and as available basis, without warranty of any kind. We do not warrant uninterrupted access, and we may take the explorer, the staking page or the RPC endpoint offline for maintenance.
08Limitation of liability
To the fullest extent permitted by law, we are not liable for indirect, incidental, special or consequential loss, nor for lost profits or lost opportunity, arising from your use of the Services - including loss caused by network downtime, chain reorganisation, contract defect, wallet compromise, or a fall in the value of VORA.
Nothing in these Terms limits liability that cannot lawfully be limited.
09Prohibited use
- Attempting to gain unauthorised access to any part of the infrastructure, or to disrupt the network or the site.
- Automated request volumes intended to degrade the public RPC endpoint or the explorer for other users.
- Using the Services to launder proceeds of crime, to finance terrorism, or to evade sanctions.
- Presenting yourself as connected with or endorsed by VORA when you are not.
10Changes and contact
We may update these Terms. Material changes will be reflected in the date at the top of this page, and continued use afterwards constitutes acceptance. Contract parameters that are fixed in code, such as the seat size and the seat count, cannot be changed by updating this page.
Questions: privacy@vorachain.com