By accessing and using Nekkha ("the Platform"), you agree to comply with and be bound by these Terms of Service. If you do not agree to these terms, please do not use our services.
You agree to use the Platform only for lawful purposes and in accordance with these Terms. You are prohibited from:
Nekkha operates globally. By accessing our Platform, you acknowledge that you are responsible for compliance with any applicable local laws in your jurisdiction regarding the use of digital assets and online platforms. We reserve the right to restrict access to our services in certain jurisdictions to maintain regulatory compliance.
You are responsible for safeguarding the password that you use to access the service and for any activities or actions under your password. You agree not to disclose your password to any third party.
In no event shall Nekkha, nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses.
The Platform is provided on an "AS IS" and "AS AVAILABLE" basis. We do not provide financial, investment, or legal advice. Engaging with digital assets involves significant risk. We explicitly disclaim any warranties of merchantability, fitness for a particular purpose, or non-infringement.
You agree to defend, indemnify, and hold harmless Nekkha and its licensee and licensors, and their employees, contractors, agents, officers, and directors, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses resulting from your use of the Platform or a breach of these Terms.
Nekkha reserves the right to modify the applicable interest rates offered on new staking tenures at any time, at our sole discretion. Any change in interest rates will apply only to new staking agreements initiated after the effective date of such modification. The interest rate locked at the time of your stake initiation shall remain guaranteed for the full duration of your current active tenure, unless we exercise our right to terminate tenures as described below.
NEXA First Halving Event (2026): Nekkha's published schedule for new staking agreements is currently 3% to 6%. New staking agreements initiated after the next halving will be provided interest at 3% to 4%. The interest rate applicable at the time of stake initiation remains guaranteed for the full duration of that specific tenure, provided the platform remains operational.
Individual Tenure Early Termination: Nekkha reserves the right to close any individual user's active staking tenure prior to its natural maturity date. In such cases, we will notify the affected user at least 15 calendar days in advance via registered email and in-app notification before the early termination takes effect. Upon early termination, the user's staked principal along with any accrued interest up to the termination date shall be returned.
Bulk / Platform-Wide Tenure Termination: Nekkha also reserves the right to terminate all active staking tenures collectively (e.g., in the event of fund exhaustion, regulatory mandate, or decision to discontinue the staking service). In such an event, all users with active staking positions will receive a minimum of 15 calendar days' prior written notice via email and in-app communication. All staked principal amounts and accrued interest up to the date of termination will be returned to users in full.
By entering into a staking arrangement on the Platform, you acknowledge and consent to these rights. Nekkha shall not be held liable for any consequential, indirect, or anticipated income loss arising from such early termination, provided the minimum 15-day notice period and principal return obligations are honoured.
Withdrawals from the Platform may be subject to a withdrawal fee, deducted in NEXA from the withdrawn amount before the on-chain transfer is broadcast. The applicable fee is disclosed on the Platform's withdrawal interface and in the user dashboard at the time a withdrawal is initiated.
Right to Modify Fees: Nekkha reserves the right to change the withdrawal fee (including the amount, applicability, or removal of the fee) at any time at our sole discretion, and the fee may be revised from time to time. Any change to the withdrawal fee will be communicated to users at least 7 calendar days in advance via email and in-app notification before the new fee takes effect. Withdrawals initiated before the effective date of a fee change will be processed under the fee terms in effect at the time of initiation.
By initiating a withdrawal on the Platform, you acknowledge and agree to the fee terms disclosed at the time of your withdrawal, including any fee change communicated in accordance with this Section.
Current Fee Schedule: From 30 August 2026, each withdrawal will incur a fee of 100 NEXA per withdrawal. This fee is temporary and will be removed on 10 September 2026, after which withdrawals will return to being free of charge. The current fee schedule is also displayed on the withdrawal interface and may be updated from time to time in accordance with the notice period above; such updates to the current fee schedule do not constitute a change to these Terms.
Nekkha reserves the right to discontinue the Platform, or any part of its services, at any time. In the event of a full platform shutdown, Nekkha will provide a minimum of 15 calendar days' prior notice to all registered users via email and in-app messaging. Following such notice, all outstanding staked funds and accrued returns will be processed and returned to users before the shutdown date. Users are encouraged to maintain updated contact information to ensure receipt of such critical communications.
We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms. Upon termination, your right to use the Platform will immediately cease. This clause applies to account-level termination due to user misconduct and is separate from the staking tenure termination rights described in Section 8.
If you have any questions about these Terms, or wish to seek clarification on tenure termination procedures, please contact us at nekkha@nexa.luxury.