Risk Disclosures, Legal Considerations
Risk Factors
Participation in the SxMiner protocol, including holding or staking $SXMR, involves inherent risks. These include, but are not limited to:
Market Volatility: BTC and $SXMR prices are subject to large fluctuations
Protocol Bugs: Although audited, smart contracts carry risks of unexpected behavior or exploitation
Regulatory Uncertainty: Mining and DePIN activities may be restricted or taxed in some jurisdictions
Hardware Downtime: Mining nodes may go offline or underperform, impacting rewards
DAO Risk: Malicious proposals or low voter turnout could affect protocol health
All participants should conduct their own due diligence and never invest more than they are willing to lose.
Legal Status of $SXMR
$SXMR is a utility token designed to access network features and mining services. It does not represent equity, voting shares, or entitlement to profits from any company or centralized entity.
No promises of ROI
No underlying physical commodity or security
No entitlement to dividends or revenue share
This whitepaper is not a prospectus and should not be interpreted as financial advice or solicitation of investment. SxMiner is a permissionless protocol governed by a distributed community of token holders.
Compliance Philosophy
SxMiner embraces a proactive, decentralized compliance framework:
All mining nodes must verify operational jurisdiction legality
Public KYC recommended for institutional miner onboarding
Carbon offset data is sourced from verifiable NGOs
DAO governance logs and smart contract source code are open-source and audited
Where applicable, SxMiner will integrate with self-regulatory bodies, carbon registries, and open governance frameworks to meet ethical and policy standards.
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