Privacy Policy

Last updated: April 10, 2025

PLEASE READ THESE LEGAL DISCLOSURES CAREFULLY. BY ACCESSING OR USING STAKIT'S SERVICES, YOU AGREE TO BE LEGALLY BOUND BY THESE TERMS AND CONDITIONS.

At Stakit, your privacy and data protection are priorities. This Privacy Policy outlines the types of data we collect, how we use it, with whom we share it, and how we protect it. We comply with applicable data protection laws, including the UAE Personal Data Protection Law (PDPL) and the General Data Protection Regulation (GDPR).

1. Data Collection

We collect only the data necessary to provide our services, optimize platform performance, and meet legal obligations.

Information We Collect:

• Encrypted IP Address: To protect user privacy, we hash your IP address using SHA-256 encryption.

• Device Type & Screen Resolution: We gather data about the type of device and screen resolution you use to optimize platform accessibility and visual performance.

• User Interaction Data: We track on-platform interactions such as clicks and navigation paths to improve user experience.

• Personal Information: We collect your email address, and wallet address to verify your account, facilitate communication, and process transactions.

• Wallet Activity: Your wallet address and related activity (e.g., staking, delegation) are stored to enable secure on-chain functionality.

• Social Media Identifiers: If you connect social media, we collect your Twitter ID and Discord ID to facilitate integrations, community participation, and rewards.

• Referral Volume: We track the volume and influence of your referral activity to reward you accurately.

2. Purpose of Data Use

Each piece of information we collect serves a specific purpose in supporting our platform and ensuring a seamless, compliant experience.

• Security & Compliance: Encrypted IPs and wallet data are used to detect suspicious activity, protect accounts, and ensure legal compliance (e.g., anti-fraud).

• User Experience Optimization: Device and screen data help us improve usability across platforms.

• Platform Performance: Click and interaction data help us refine navigation and prioritize features.

• Blockchain Operations: Wallet addresses are used to securely process claims, stakes, unstakes, and other on-chain actions.

• Reward and Identity Verification: Social media identifiers and referral volumes help verify participation and assign appropriate rewards for referral and engagement campaigns.

3. Third-Party Sharing

We do not sell or trade your personal data. Select third-party tools are used to help us deliver services effectively and securely.

Google Analytics:

We use Google Analytics to collect anonymized, aggregated data about how users interact with our platform. This helps us understand user behavior and improve the overall experience. Data collected includes general usage patterns, device type, browser, and approximate geographic location — no personally identifiable information is shared.

We configure Google Analytics to meet strict privacy standards, including anonymization of IPs and minimal data retention. You may opt out of Google Analytics tracking via your browser settings or tools like the Google Analytics Opt-Out Browser Add-On.

4. Data Protection and User Rights

We apply industry-standard safeguards and privacy-by-design practices to protect your information:

• Encryption: Sensitive data such as IP addresses are encrypted.

• Access and Control: You can request access, correction, or deletion of your personal data at any time by contacting us at hrd@stakit.com

• Retention: We retain personal data only as long as necessary for the purposes outlined or as required by law.

5. Policy Updates

We may update this Privacy Policy to reflect changes in law or business practices. Material updates will be communicated through the platform or via email. We encourage users to review this policy periodically.

For questions or requests regarding this Privacy Policy, please contact us at hrd@stakit.com