Version V2.0 · Effective Date: ______ / ______ / ______ · Platform: 100X
Important Notice
This Agreement contains provisions closely related to your rights and interests. Certain provisions are highlighted in bold because they involve material matters such as principal withdrawal paths, the Platform’s right to adjust parameters, p-token price risks, and settlement losses.
Please read this Agreement in full before checking the box to accept it, particularly Section V (Early Redemption and Maturity Settlement), Section VIII (Hybrid Engine and p-Tokens), Section XII (Platform Rights and Parameter Adjustments), and Section XIV (Risk Disclosure). If you do not agree with any provision of this Agreement, please do not subscribe to this product.
Definitions
Unless otherwise indicated by the context, the following terms shall have the meanings set out below:
Term | Definition |
Platform / We / Us | 100X and its affiliated entities, being the service provider under this Agreement. |
You / User | Any natural person or institution that registers for and uses 100X services and subscribes to this product. |
Product | The “Smart Yield Pro” product under the 100X Wealth Management section. |
Wealth Account | The account opened by you on 100X for product subscription, interest accrual, principal return, and reward distribution. |
Order | An independent record generated for each subscription to this product, uniquely identified by an order number. |
Term / Interest Period | A fixed 30-day period starting from the subscription date of the order. |
Renewal | An operation that extends the holding period of an order, including manual renewal initiated by you and automatic renewal executed by the system. |
Cumulative Renewal Months | The total number of renewal months accumulated by an order since subscription. |
p-Token | A token corresponding one-to-one with an underlying native token and having its own independent market price, including p100XT and pXstocks. |
Native Token | The original token corresponding to a p-token, i.e. 100XT for p100XT and xStocks for pXstocks. |
Hybrid Engine | A functional module used for linear release, compounding, unlocking, and settlement of the portion of partner differential rewards distributed in p-tokens. |
Settlement Pool | The combined amount of the p-tokens being unlocked and the p-tokens pledged for the corresponding unlock. |
Effective Level | The higher level between your level in this product’s partner system and your level in the “AI U.S. Stocks” partner system. |
Futures Bonus | A bonus distributed by the Platform that may only be used for futures trading, has an expiration period, and cannot be withdrawn. |
I. Acceptance and Amendment of the Agreement
This Agreement is entered into between you and the Platform regarding your use of this product and becomes effective for both parties once you check the box indicating acceptance and successfully submit your first subscription.
Before subscribing to this product, you must confirm that you have read and agreed to this Agreement and the Smart Yield Pro Risk Disclosure Statement. If you do not complete this confirmation, the system will not allow you to submit a subscription.
Once you subscribe, you are deemed to have fully understood and accepted all provisions of this Agreement.
The Platform may amend this Agreement due to changes in laws and regulations, regulatory requirements, or business adjustments. Amendments will be announced through Platform notices, in-app messages, or other App notifications and will take effect 7 days after publication.
If you continue to subscribe, renew, or otherwise use this product after an amendment becomes effective, you will be deemed to have accepted the amended Agreement. If you do not accept the amendment, you should stop making new subscriptions before it takes effect and redeem or wait for existing orders to mature and settle in accordance with this Agreement.
For orders established before an amendment takes effect: adjustments to interest-rate and fee-related parameters will apply from the next interest period; changes to mechanism-related provisions, including redemption conditions, renewal rules, and settlement pool allocation ratios, will not apply retroactively to existing orders. Such orders will continue to be governed by the version applicable at the time of subscription until settlement.
II. Product Nature and Basic Rules
This product is a fixed-interest wealth management product operated according to strategies implemented by a team designated by the Platform. After you deposit eligible assets, the Platform will distribute interest to you in accordance with the rates specified in this Agreement.
This product currently supports:
USDT, 100XT, xStocks, U.S. stock tokens, BTC, ETH, and SOL
Each supported asset is offered as an independent product.
Interest will be distributed in the same asset used for subscription and will not be converted into another asset. The quantity of interest distributed will not be adjusted due to changes in the market price of that asset.
For example:
If you subscribe using USDT, interest will be paid in USDT;
If you subscribe using 100XT, interest will be paid in 100XT;
If you subscribe using xStocks, interest will be paid in the corresponding xStocks asset;
If you subscribe using a U.S. stock token, interest will be paid in the corresponding U.S. stock token;
If you subscribe using BTC, interest will be paid in BTC;
If you subscribe using ETH, interest will be paid in ETH;
If you subscribe using SOL, interest will be paid in SOL.
The interest period is fixed at 30 days per term. At the end of each term, the Platform will distribute the full amount of interest for that term directly to your Wealth Account, without locking or staged release.
Each subscription generates an independent order identified by a unique order number. A user may hold multiple orders for the same product, and each order accrues interest, renews, redeems, and settles independently.
The minimum and maximum subscription amounts per order will be set separately by the Platform for each asset and displayed in real time on the subscription page.
A subscription fee equal to 0.1% of the subscription amount will be charged. This fee is charged separately, meaning it is deducted in addition to the subscribed principal.
Example:
If you subscribe with 20,000 USDT, 20,020 USDT will be deducted from your Wealth Account:
20,000 USDT as interest-bearing principal;
20 USDT as the subscription fee.
The applicable fee rate may be set separately by the Platform for each asset.
After a subscription is successfully completed, the corresponding assets will be transferred out of your Wealth Account into this product. During the life of the order, those assets cannot be used for trading, withdrawal, or other purposes.
III. Interest Calculation and Distribution
1. Interest Components
The monthly return for each term consists of three components:
Monthly Return Rate = Monthly Base Rate + Consensus Rate + Holding-Duration Additional Interest
These three components will be added together and calculated based on the interest-bearing principal of the applicable order.
2. Base Rates for Different Assets
Different assets are subject to different monthly base rates:
Participating Asset | Monthly Base Rate | Initial Consensus Rate | Initial Combined Monthly Return |
USDT / 100XT / xStocks | 1% | 0.5% | 1.5% |
U.S. stock tokens / BTC / ETH / SOL | 0.1% | 0.5% | 0.6% |
Accordingly:
USDT / 100XT / xStocks
For the first term:
1% Base Rate + 0.5% Consensus Rate = 1.5% Monthly Return
For example, if a user participates with 10,000 USDT:
10,000 × 1.5%
= 150 USDT
U.S. Stock Tokens / BTC / ETH / SOL
For the first term:
0.1% Base Rate + 0.5% Consensus Rate = 0.6% Monthly Return
For example, if a user participates with 10 BTC, the interest for that term will be calculated as:
10 × 0.6%
and distributed in BTC.
The same principle applies to ETH, SOL, and U.S. stock tokens. Interest is calculated and distributed in the original subscription asset.
3. Consensus Rate
The first term starts with a:
0.5% Consensus Rate
Thereafter, the Consensus Rate is calculated as:
Consensus Rate = 0.5% + 0.05% × Cumulative Renewal Months
Any increase resulting from a renewal will become fully effective from the next term and will not affect an interest period that has already started.
There is no upper limit on the Consensus Rate, and it continues to increase with cumulative renewal months.
Example Returns for USDT / 100XT / xStocks
Assuming the base rate remains at 1%:
Product Term | Monthly Return |
Term 1 | 1.50% |
Term 2 | 1.55% |
Term 3 | 1.60% |
Term 4 | 1.65% |
Term 5 | 1.70% |
Term 6 | 1.75% |
Starting from Term 7, the applicable Holding-Duration Additional Interest described in Clause 4 below will also apply.
Example Returns for U.S. Stock Tokens / BTC / ETH / SOL
Assuming the base rate remains at 0.1%:
Product Term | Monthly Return |
Term 1 | 0.60% |
Term 2 | 0.65% |
Term 3 | 0.70% |
Term 4 | 0.75% |
Term 5 | 0.80% |
Term 6 | 0.85% |
Starting from Term 7, the applicable Holding-Duration Additional Interest will also be added.
4. Holding-Duration Additional Interest
Starting from Term 7:
Additional +0.005%
Starting from Term 13:
Additional +0.010%
Thereafter, for every additional 6 completed terms:
An additional +0.005% will be added
Accordingly, the longer a user continuously participates, the more Holding-Duration Additional Interest may apply on top of the Base Rate and Consensus Rate.
5. Effective Time of Interest Rate Changes
Interest is calculated based on the Cumulative Renewal Months recorded at the beginning of each term.
Therefore, a renewal made during an ongoing term will not change the return rate already determined for that term. The increased Consensus Rate will take effect from the next interest period.
6. Interest-Bearing Principal
Interest is calculated based on the order’s interest-bearing principal.
The subscription fee is not included in the interest-bearing principal.
Decimal precision will be handled according to the precision rules of the corresponding asset.
7. Distributed Interest
Interest already distributed belongs to you and will not be clawed back due to subsequent parameter adjustments, order redemption, or amendments to this Agreement, except in the event of a breach described in Section XVI.
IV. Renewal
Manual Renewal: You may manually renew an order from the position details page. Each renewal may be for 1–12 months, and there is no limit on the number of renewals.
Automatic Renewal: Automatic renewal is enabled by default. When enabled, the system will automatically renew the order for 1 month when there are 3 days or fewer remaining before maturity. You may disable automatic renewal at any time through the position details page, and the change will take effect immediately.
The maximum remaining holding period is 13 months (390 days).
A renewal must satisfy:
Current Remaining Days + Renewal Days ≤ 390 Days
If the remaining holding period has reached the maximum, both manual and automatic renewal will fail and the reason will be displayed.
As time passes and the remaining holding period decreases, you may renew again. There is no upper limit on cumulative renewal count or cumulative renewal months.
If automatic renewal is disabled during the trigger window, it will not be triggered again for that term and may resume from the next term.
Each completed renewal, including automatic renewal, will grant:
10 USDT Futures Bonus
Validity period:
7 days
Any unused amount will be automatically recovered upon expiration.
A single renewal covering multiple months is still counted as one renewal.
The Futures Bonus can only be used for futures trading and cannot be withdrawn or transferred.
Important Notice
Because there is no limit on cumulative renewal count or cumulative renewal months, as long as renewals continue, including automatic renewals executed by the system, the order will not have a final maturity date.
This mechanism, together with the redemption conditions described in Section V, determines the possible withdrawal path for your principal. Please read both sections carefully.
V. Early Redemption and Maturity Settlement
Early redemption may only be initiated during the first interest period after subscription and only if the order has never been renewed.
Once an order has undergone any renewal, including automatic renewal, you will permanently lose the right to early redemption for that order, after which you may only wait for maturity settlement.
Because automatic renewal is enabled by default, if you do not disable it, the system will automatically renew the order when 3 days remain before maturity. At that point, your right to redeem that order will expire.
If you wish to retain the right to redeem, please disable automatic renewal after subscription.
Early redemption will return your interest-bearing principal, but any interest for the current term that has not yet been distributed will be cancelled. Interest already distributed will not be clawed back. No separate redemption fee will be charged.
Maturity Settlement: If automatic renewal is disabled, the order will automatically settle when the maturity time is reached, and the interest-bearing principal will be returned.
Assets returned through redemption or maturity settlement will be returned to your Wealth Account in the original subscription asset.
Principal Withdrawal Path Notice
Taken together, Clauses 1–3 above mean that:
If you do not disable automatic renewal and the system continues renewing your order, you will neither be able to redeem early nor have a final maturity date, and there may be no available withdrawal path for the subscribed principal while renewals continue.
If you wish to preserve the possibility of withdrawing your principal, you should disable automatic renewal during the first interest period after subscription, and then decide whether to redeem early or wait for maturity settlement.
The Platform will provide a prior notice regarding this mechanism on the subscription page. You should make your decision only after fully understanding it.
VI. Referral and Partner Benefits
Direct Referral Reward: When a directly referred user subscribes to this product and holds the position for 1 full month, the reward is triggered. The Platform calculates the total reward based on 2% of the referred user’s subscribed principal. Starting from the following month, the reward will be distributed once every 30 days for a total of 12 installments.
The actual number of referral reward installments received is:
min (Number of Full Months Held by Referred User − 1, 12)
If the referred user redeems or settles early, any undistributed installments will cease.
To receive all 12 installments, the referred user must hold the position for 13 full months.
If the referred user redeems during the first term, no direct referral reward will be generated for that order.
Partner Levels: There are 11 levels from M0 to M10. Promotion requires both personal holdings and team performance requirements to be met.
Personal holdings are converted into USDT based on current holdings, with xStocks valued at 2× for calculation purposes. Team performance includes eligible orders held by subordinate users within a maximum of 10 levels, using the same conversion rules, and excludes your own holdings.
Partner Differential Reward: This reward is calculated based on the subordinate user’s interest for each term under a differential system:
Reward Percentage at Each Level = Percentage of Current Level − Highest Percentage Already Distributed Below in the Same Chain
No same-level reward applies. If two users in the chain have the same level, the higher-level user in the referral chain does not receive an additional differential reward. If the top of the chain has not reached M10, the remaining percentage belongs to the Platform.
Futures Bonus Rebate: This follows the same calculation base and differential mechanism as the Partner Differential Reward and is distributed in the form of Futures Bonus according to the applicable partner level.
Partner level upgrades take effect immediately, while downgrades are determined at the end of each calendar month. Upgrades and downgrades move directly to the level actually qualified for rather than changing one level at a time.
The Platform also operates an “AI U.S. Stocks” partner system. The two systems are calculated independently and do not affect each other.
When determining actual benefits, the higher level between the two systems will be used as the Effective Level, and the corresponding benefits under this product will apply.
This rule only affects the Partner Differential Reward and Futures Bonus Rebate percentages and does not affect the team performance thresholds required under this product.
Partner rewards and direct referral rewards are additional expenditures paid by the Platform and are not deducted from your interest or the interest of subordinate users.
Rewards are distributed based on the actual referral relationship and order status.
Users who obtain rewards through fake registrations, multiple accounts controlled by the same beneficial owner, fabricated referral relationships, or similar methods will be subject to Section XVI of this Agreement.
VII. Hybrid Engine and p-Tokens
Partner Differential Rewards are split according to the asset subscribed by the subordinate user:
50% is distributed directly in the original asset
and:
50% is distributed in p-tokens into the Hybrid Engine
Your own product interest and Direct Referral Rewards do not enter the Hybrid Engine and are distributed in full directly to your account.
p-tokens entering the Hybrid Engine are released linearly at 1% of the initial allocated quantity per day, with full release completed over 100 days. Only released/unlocked portions may be submitted for unlocking.
Unlocking Mechanism: You must independently hold and pledge a specified multiple of the same type of p-token for 25 hours. The required multiple is determined by the price change of the p-token relative to its snapshot price when initially allocated and is locked in at the time of submission.
Unlock Settlement: When the lock period expires, the quantity being unlocked and the pledged quantity are combined into the Settlement Pool. The pledged portion is not returned separately.
The Settlement Pool is distributed as follows:
65% converted into the Native Token at a 1:1 ratio
+ 5% charged as a fee
+ 30% returned in p-tokens
The net fixed loss is 5% of the Settlement Pool.
Example:
You have unlocked 100 p-tokens and the required multiple is 2×. You therefore need to pledge 200 p-tokens, creating a Settlement Pool of 300 p-tokens.
After the lock period expires, you receive:
195 Native Tokens;
90 p-tokens;
15 p-tokens charged as the fee.
The 65% conversion into Native Tokens from the Settlement Pool does not count toward the daily conversion limit described below. The 30% of p-tokens returned are in unlocked status and may be freely disposed of.
Daily Compounding: p-tokens within the Hybrid Engine may participate in daily compounding at a daily rate of 0.1%, compounded daily, only on the unlocked portion.
Cumulative earnings are capped at 2× the originally allocated principal, after which interest accrual stops.
The portion allocated from Partner Differential Rewards begins accruing automatically. You may also voluntarily deposit p-tokens from your Wealth Account into the Hybrid Engine.
p-Token Conversion: Only matching token pairs are supported:
100XT ⇄ p100XT
xStocks ⇄ pXstocks
Conversion ratio:
1:1
Fee:
5%, deducted internally
Conversion from p-token to Native Token is limited to 200 tokens per user, per asset, per calendar day. Conversion from Native Token to p-token has no limit.
p-tokens have independent market prices that are not fixed to the price of the corresponding Native Token. Their prices may be higher or lower than the Native Token price, which may affect the required pledge multiple and your actual settlement proceeds.
Important Notice
Unreleased p-tokens inside the Hybrid Engine cannot be used. To unlock them, you must provide additional p-tokens of your own as a pledge, and the pledged amount will not be returned separately.
Settlement involves a fixed 5% loss.
If the market price of a p-token decreases relative to its snapshot price when allocated, the required pledge multiple may increase, meaning you may need to provide more of your own p-tokens to complete the unlock process.
VIII. Accounts and Funds
Subscriptions, interest distributions, principal returns, and reward distributions under this product are all processed through your Wealth Account.
p-tokens circulate within the Wealth Account, including conversion, pledging, daily compounding deposits, and unlock proceeds.
p-tokens pending unlock within the Hybrid Engine are included in the valuation of your Wealth Account and displayed separately, but cannot be used or withdrawn until unlocking is completed.
All actual account balance changes may be reviewed in the transaction history of the Wealth Management section. Hybrid Engine allocation, daily compounding, and unlock losses that do not directly change the Wealth Account balance will be shown separately in the Hybrid Engine details page.
You are responsible for safeguarding your account credentials. Any subscription, renewal, redemption, or unlocking operation performed through your account due to your own failure to protect your credentials will be deemed to have been performed by you.
IX. User Eligibility, Identity Verification, and Regional Restrictions
You must be a natural person with full legal capacity or a duly established and validly existing institution, and you must not appear on any applicable sanctions list.
You must complete Know Your Customer (KYC) identity verification as required by the Platform before subscribing to this product. The Platform may adjust verification-level requirements in accordance with regulatory requirements.
The Platform does not provide this product, or certain functions of this product, to residents of or users located in restricted jurisdictions. The applicable restricted jurisdiction list is published in the Platform Help Center and may be updated in accordance with applicable laws, regulations, and regulatory requirements.
Products involving tokenized U.S. equities, including xStocks and U.S. stock tokens, may be subject to additional regional restrictions and investor suitability requirements, as specified on the subscription page and in Platform disclosures.
You may not use technical means or provide false information to circumvent the above restrictions.
If verified, the Platform may take action pursuant to Section XVI and may return only your interest-bearing principal without distributing unpaid interest or rewards.
You are responsible for confirming that participation in this product is lawful in your jurisdiction.
X. User Obligations and Prohibited Conduct
You are responsible for independently evaluating and bearing the consequences of your decision to participate in this product.
You represent that all assets deposited into the product are lawfully obtained and do not originate from illegal or criminal activities.
You may not:
(1) Register or control multiple accounts for the purpose of obtaining rewards;
(2) Fabricate or falsify referral relationships;
(3) Exploit system defects, interface vulnerabilities, or abnormal market conditions to obtain improper benefits;
(4) Use automated programs to make high-frequency calls to related functions in a manner that affects normal Platform operations;
(5) Engage in any conduct that violates laws or regulations or infringes upon the lawful rights and interests of the Platform or other users.
Unless otherwise provided in this Agreement, you may not transfer, lend, or pledge your account, order, or rights under this product to any third party.
XI. Risk Disclosure
Principal Withdrawal Risk: Early redemption is subject to strict conditions as described in Section V, and continuously renewed orders may have no final maturity date. You may therefore be unable to recover your principal for an extended period.
Parameter Adjustment Risk: Interest rates, fees, and other parameters of this product may be adjusted by the Platform pursuant to Section XII, which may affect your expected returns.
p-Token Price Risk: p-tokens have independent market prices that may fluctuate significantly or remain below the price of the corresponding Native Token for extended periods, directly affecting unlocking costs and actual settlement proceeds.
Settlement Loss Risk: Hybrid Engine unlocking involves a fixed 5% loss on the Settlement Pool, and the pledged portion is not returned separately.
Underlying Asset Event Risk: Tokenized assets such as xStocks and U.S. stock tokens may be affected by market closures, trading suspensions, delistings, stock splits, reverse splits, corporate actions, and similar events. Applicable treatment is described in Section XIII.
Futures Bonus Risk: Futures Bonuses have an expiration date. Any unused amount will be automatically recovered and will not be reissued. Using Futures Bonuses for futures trading still involves the risk of trading losses.
Technical and Operational Risk: Blockchain congestion, market-data outages, system failures, or similar technical events may cause delays or failures in operations.
This product is not a bank deposit and is not protected by any deposit insurance scheme. Historical or illustrative returns do not constitute a promise or guarantee of future returns.
XII. Platform Rights and Parameter Adjustments
The Platform sets and may adjust the following parameters:
Monthly base rates for each asset, Consensus Rate calculation parameters, Holding-Duration Additional Interest parameters, subscription fees, minimum and maximum subscription amounts, renewal bonus amounts and validity periods, Hybrid Engine pledge multiple tiers and maximum limits, lock periods, linear release periods, Settlement Pool allocation ratios, daily compounding rates and caps, p-token conversion ratios and daily limits, partner level requirements, and reward percentages.
Parameter adjustments will be announced through Platform notices or App notifications.
Interest-rate parameter adjustments will apply to existing orders from the next interest period following the effective date and will not cause previously accrued periods to be recalculated;
Fee and limit adjustments will apply to new actions occurring after the effective date;
Mechanism-related parameters such as Settlement Pool allocation ratios and lock periods will not apply retroactively to unlocking applications submitted before the effective date that remain within the lock period.
Interest, rewards, and Futures Bonuses already distributed will not be clawed back solely because of parameter adjustments.
The Platform may list, delist, suspend new subscriptions to, or adjust the available subscription capacity of this product, subject to Section XIII.
Where necessary, the Platform may take temporary measures against abnormal transactions, abnormal accounts, or suspected violations, including suspending related functions, restricting withdrawals, or freezing related assets, and may subsequently take action under Section XVI following review.
XIII. Product Adjustment, Suspension, and Delisting
Subscription Suspension: The Platform may suspend new subscriptions if capacity has been reached, strategies are adjusted, market conditions become abnormal, or regulatory requirements apply.
Suspension of new subscriptions does not affect existing orders, which will continue to accrue interest, renew, and settle in accordance with this Agreement.
Product Delisting: If the Platform decides to delist this product, it will provide at least 7 days’ advance notice.
After such notice, new subscriptions and new renewals will no longer be accepted.
Treatment of existing orders upon delisting:
You may be allowed to continue holding until settlement of the current term;
or the Platform may perform early settlement, return the interest-bearing principal, and calculate interest based on the actual number of days held. Where the holding period is less than a full term, interest will be calculated proportionally based on a 30-day term.
The applicable method will be specified in the delisting announcement.
Underlying Asset Events: If the underlying asset corresponding to xStocks or U.S. stock tokens is subject to a market closure or trading suspension, the product will continue to calculate and distribute interest based on token quantity.
In the event of stock splits, reverse splits, or other corporate actions, token quantities will be adjusted according to the treatment of the underlying asset.
If the underlying asset is delisted or the corresponding token ceases operation, the Platform may convert it into USDT or another designated asset at a fair price announced by the Platform and settle interest up to the conversion date.
Treatment of the Hybrid Engine: Delisting of this product does not affect p-tokens already allocated to the Hybrid Engine. Such p-tokens will continue to be released, accrue interest, and unlock in accordance with Section VII until unlocking is completed or the Platform announces otherwise.
XIV. Force Majeure and Limitation of Liability
Force Majeure means an objective circumstance that cannot reasonably be foreseen, avoided, or overcome, including but not limited to natural disasters, pandemics, wars, strikes, government actions, changes in laws or regulatory policies, power or communications outages, cyberattacks, blockchain forks or severe congestion, and interruptions to third-party services including market-data providers, custody services, and payment channels.
If force majeure delays or prevents the Platform from performing this Agreement, the Platform will be exempt from liability to the extent affected. Where practicable, the Platform will provide timely notice and take reasonable measures to reduce the impact and will resume performance after the force majeure event ends.
Force majeure does not relieve the Platform of its obligation to return your interest-bearing principal after the event has ended, unless otherwise required by applicable law or regulatory authorities.
Except where mandatory law provides otherwise, the Platform is not liable for losses caused by:
(1) Your own operational errors, disclosure of account credentials, or incorrect information;
(2) Legal restrictions in your jurisdiction that prevent use of the product;
(3) Commercial losses arising from your own decision to participate in the product;
(4) Information obtained by you from third-party channels regarding the product.
In all circumstances, the Platform’s total liability to you under this Agreement will not exceed the subscription fees actually paid under the relevant order plus direct losses actually incurred, and will not include indirect losses, loss of anticipated profits, or data loss.
XV. Taxes
Any taxes arising from participation in this product shall be reported and borne by you.
Where applicable law requires the Platform to withhold or remit taxes, the Platform will do so in accordance with law and deduct the relevant amount from amounts otherwise payable to you.
XVI. Breach and Enforcement
If you violate Section IX or Section X of this Agreement, or engage in any of the following conduct, the Platform may take enforcement measures:
(1) Opening or controlling multiple accounts under the same beneficial owner to obtain rewards;
(2) Fabricating, falsifying, buying, or selling referral relationships;
(3) Exploiting system defects, interface vulnerabilities, or abnormal market conditions to obtain improper gains;
(4) Providing false identity information or circumventing regional restrictions;
(5) Using assets suspected of originating from illegal or criminal activity or subject to investigation by competent authorities.
Enforcement measures may include:
Cancelling unpaid interest, rewards, or Futures Bonuses; recovering rewards or Futures Bonuses already distributed; freezing relevant assets; terminating relevant orders and returning only the interest-bearing principal; restricting or closing the account.
Measures taken will be proportionate to the nature and severity of the violation.
Before taking enforcement measures, except where immediate action is required by law, regulation, or regulatory authority, the Platform will notify you through in-app messages or announcements.
If you object to an enforcement measure, you may submit an appeal through official customer support channels within 15 days of receiving notice and provide supporting documentation. The Platform will respond within 15 business days after receiving the appeal.
You are responsible for compensating the Platform for losses caused by your breach.
XVII. Termination of the Agreement
This Agreement terminates with respect to a relevant order when:
(1) The order has completed maturity settlement or early redemption;
(2) The Platform performs early settlement pursuant to Section XIII;
(3) The Platform terminates the order pursuant to Section XVI.
Termination of this Agreement does not affect rights and obligations accrued prior to termination and does not affect the continued application of Section VII to p-tokens already allocated to the Hybrid Engine.
You may exit this product by ceasing new subscriptions and settling all existing orders.
XVIII. Notices and Delivery
Any notice sent by the Platform through any of the following methods will be deemed delivered on the date it is sent:
Platform announcements, in-app messages or pop-up notifications, or the mobile number or email address registered by you.
You must keep your registered contact information valid and up to date.
You are responsible for any consequences resulting from invalid contact details or failure to review notices in a timely manner.
Notices from you to the Platform must be submitted through official Platform customer support channels.
XIX. Governing Law and Dispute Resolution
The formation, validity, interpretation, performance, and dispute resolution of this Agreement shall be governed by the laws of ______________ (insert applicable country or jurisdiction).
Services under this Agreement are provided by ______________________ (insert full legal name of Platform operating entity), registered in ______________.
Any dispute arising out of or relating to this Agreement shall first be resolved through amicable consultation between the parties. If no resolution is reached, the dispute shall be submitted to ______________________ (insert arbitration institution) for arbitration in accordance with its then-effective arbitration rules.
The seat of arbitration shall be ______________, the arbitration language shall be Chinese, and the arbitral award shall be final and binding on both parties.
During the dispute resolution process, the parties shall continue performing all provisions of this Agreement not directly subject to the dispute.
Completion Note
The blank fields in this section must be completed by the Platform, including:
Applicable governing-law jurisdiction, full legal name and registered location of the operating entity, arbitration institution, and seat of arbitration.
Such information must be determined according to the Platform’s actual corporate and compliance arrangements and should remain consistent with the corporate documents and other existing product agreements of the operating entity.
XX. Miscellaneous
This Agreement constitutes the complete agreement between you and the Platform regarding this product.
The 100X User Service Agreement, Privacy Policy, and Smart Yield Pro Risk Disclosure Statement form part of this Agreement.
If there is any inconsistency regarding the specific rules of this product, this Agreement shall prevail.
If any provision of this Agreement is determined to be invalid or unenforceable, the validity of the remaining provisions will not be affected. The parties shall replace such provision with a valid provision that most closely reflects its original intent.
Failure or delay by the Platform in exercising any right under this Agreement does not constitute a waiver of that right.
This Agreement is originally written in Chinese. If the Platform provides versions in other languages, such versions are provided solely for convenience. In the event of any inconsistency in interpretation, the Chinese version shall prevail.
Section headings are included for convenience only and do not affect interpretation of the provisions.
Appendix | Summary of Key Business Parameters
The following table summarizes the key business parameters contained in this Agreement for reference. If there is any inconsistency between this table and the main body of the Agreement, the main body shall prevail. Items marked with ★ may be adjusted by the Platform pursuant to Section XII.
Item | Value / Rule |
Supported Assets | USDT / 100XT / xStocks / U.S. stock tokens / BTC / ETH / SOL |
Interest Period | Fixed 30-day term |
Monthly Base Rate ★ | USDT / 100XT / xStocks: 1%; U.S. stock tokens / BTC / ETH / SOL: 0.1% |
Initial Consensus Rate ★ | 0.5% |
Initial Combined Monthly Return | USDT / 100XT / xStocks: 1.5%; U.S. stock tokens / BTC / ETH / SOL: 0.6% |
Consensus Rate ★ | 0.5% + 0.05% × Cumulative Renewal Months, with no upper limit, fully effective from the term following renewal |
Holding-Duration Additional Interest ★ | +0.005% from Term 7; +0.010% from Term 13; thereafter +0.005% every additional 6 terms |
Interest Distribution Asset | Distributed in the original subscription asset without asset conversion |
Interest Distribution Time | Full interest for each term is distributed to the Wealth Account after each completed 30-day interest period |
Subscription Fee ★ | 0.1% of the subscription amount, charged separately, set by asset |
Subscription Limits ★ | Minimum / maximum set separately by asset |
Manual Renewal | 1–12 months per renewal; unlimited number of renewals |
Automatic Renewal | Enabled by default; automatically adds 1 month when ≤3 days remain before maturity |
Maximum Remaining Holding Period | 13 months (390 days); repeated renewals allowed with no limit on cumulative renewal months |
Renewal Bonus ★ | 10 USDT Futures Bonus for each renewal, valid for 7 days, including automatic renewal |
Early Redemption | Available only during the first interest period if no renewal has occurred; no redemption fee; unpaid interest for the current term is cancelled |
Direct Referral Reward | 2% of subordinate user’s subscription principal, distributed over 12 installments; actual installments = min (full holding months − 1, 12) |
Partner Levels ★ | M0–M10; both personal holdings and team performance requirements apply; team performance includes up to 10 subordinate levels and excludes the user’s own holdings |
Partner Differential Reward ★ | M1 20% ~ M10 100%; based on subordinate users’ interest for each term; differential system; no same-level reward |
Futures Bonus Rebate ★ | M1 0.50% ~ M10 10%; differential system |
Level Effectiveness | Upgrades effective immediately; downgrades assessed at calendar month-end; Effective Level = max (Product Level, AI U.S. Stocks Level) |
Differential Reward Allocation | 50% distributed directly in the original asset + 50% p-token allocated to the Hybrid Engine |
Linear Release ★ | 1% of initial allocation per day; fully released over 100 days |
Pledge Period ★ | 25 hours |
Pledge Multiple ★ | Determined by the p-token price change relative to the allocation snapshot price and locked when submitted |
Settlement Pool Allocation ★ | 65% Native Token (1:1) + 5% fee + 30% p-token; pledged portion is not returned separately |
Daily Compounding ★ | 0.1% per day compounded daily, applicable only to unlocked amounts; earnings cap is 2× allocated principal |
p-Token Conversion ★ | Matching token conversion at 1:1; 5% fee deducted internally; p → Native Token limited to 200 per user, per asset, per calendar day |
Agreement Amendment Effective Date | 7 days after publication; mechanism changes do not apply retroactively to existing orders |
Product Delisting | At least 7 days’ advance notice |
Appeal Period | Appeal must be submitted within 15 days after notice; Platform responds within 15 business days |