Terms of Use

1. Staking & Rewards

• You may lock BGLD for fixed terms (currently 1–30 days in V1), as published in the interface.
• Rewards are paid in BGLD and vest continuously over your selected term.
• Target APR scales with duration, with higher APR generally associated with longer locks, subject to vault configuration and TVL.
• All rewards and balances are determined by onchain contract logic. The UI is a view into that state and may occasionally lag or show approximations.

2. Lock Terms, Withdrawals & Early Exit

• At maturity: a protocol fee (e.g. ~2%) may apply to principal and vested rewards, as configured by the contract.
• Early exit: if you withdraw before maturity, a time-based penalty is applied to principal. Only the vested portion of rewards, if any, is paid out.
• You are solely responsible for understanding how these penalties and fees work before opening a vault.

3. Liquidity & Sustainability

The team purchased BGLD supply at launch to seed vaults and deepen protocol-owned liquidity (POL) on Base. Protocol fees may recycle into the vault or treasury to support system health. This structure is designed to align long-term liquidity with long-term stakers, but does not guarantee any specific price level or yield.

4. Protocol Upgrades (V2)

The Base Gold Reserve may deploy new versions of the staking contract (e.g. "V2") with updated mechanics, APR curves, and fee structures. When this occurs, the team intends to:

• Publish new documentation and parameter ranges ahead of launch.
• Announce any planned liquidity migration date so participants can adjust positions.
• Honor existing V1 vaults onchain according to the V1 contract logic, unless otherwise stated in a publicly verifiable way.

5. Risks

Interacting with smart contracts involves risk, including but not limited to: smart-contract bugs, market volatility, oracle or liquidity failures, parameter updates, or third-party integrations. Yields are variable and not guaranteed. Only stake what you can afford to lock and independently verify contract addresses and parameters before interacting.

6. Updates to These Terms

These Terms may be amended to reflect protocol improvements, new versions of the vault contract, regulatory considerations, or other changes. Updated Terms may be posted on the site or in associated official channels. Continued use of the protocol after updates constitutes acceptance of the revised Terms.