TERMS & CONDITIONS

Exclusive Operating Entity & Executive Leadership

The Shenzhen Labs decentralized edge network, protocol infrastructure, and validator node activations are owned, governed, and operated solely by Shenzhen Labs Global Foundation (Singapore), led by official executive founders:

• Vaishali Saxena: Chief Executive Officer (CEO) & Co-Founder
• Rohan Khanna: Chief Operating Officer (COO) & Co-Founder
• Shawn Chua: Chief Technology Officer (CTO) & Co-Founder

The Foundation operates with complete independence. Zero external domestic entities, third-party proprietorships, or outside contractors hold any equity, merchant accounts, payment processing licenses, or operational rights within Shenzhen Labs. All financial operations, node activations, and protocol settlements are administered directly and exclusively by the Foundation and its executive leadership team.

1. Acceptance of Terms

By accessing the website (shenzhenlabss.com), initiating validator sessions on Telegram (@Shenzhenlabs_bot), or participating in the Shenzhen Labs decentralized network, you agree to be bound by these Terms & Conditions ("Terms"). The platform and protocol are operated under the stewardship of the Shenzhen Labs Global Foundation, co-founded and directed by executive leadership including Vaishali Saxena (CEO & Co-Founder), Rohan Khanna (COO & Co-Founder), and Shawn Chua (CTO & Co-Founder). If you disagree with any portion of these Terms, you must cease use of the Platform immediately.

2. Eligibility & Operator Responsibilities

To participate as a node operator, you represent and warrant that:

• You are of legal age in your jurisdiction (at least 18 years old or the age of majority).
• You are not located in, resident in, or an entity registered in any sanctioned or restricted territory (including North Korea, Iran, Syria, Cuba, or the Crimea region).
• You will safeguard your Telegram account credentials and private keys used for settlement verification.
• You will not deploy malicious scripts, reverse-engineer node communications, or execute denial-of-service (DoS) attacks against protocol gateways.

3. Node Activation & Fee Structure

Node activation requires a one-time non-recurring registration of 15 USDT to fund on-chain telemetry indexing, validator identity initialization, and referral network routing. All activations are verified programmatically via on-chain blockchain confirmations.

4. Community Rewards & Emission Parameters

Shenzhen Labs distributes rewards via four transparent programmatic channels:

• Direct Sponsor Reward: 4 USDT credited upon direct node operator activation.
• Generation Matrix Reward: 1 USDT across 10 referral tiers.
• Daily Community Pool: 1 USDT distributed into active performance pools.
• 24h Testnet Mining: $SZL utility tokens emitted continuously to verified active nodes.

Emissions during the testnet phase prior to the 2029 Genesis TGE represent cryptographic compute points and do not constitute registered securities, financial instruments, or guaranteed yields.

5. Anti-Abuse & Slashes

Any attempt to deploy fake bots, manipulate telemetry pings, or exploit referral trees using automated sybil networks will result in immediate blacklisting of the node address and forfeiture of accrued testnet point balances under automated consensus security rules.

6. Limitation of Liability

To the maximum extent permitted by applicable law, the Shenzhen Labs Global Foundation, its officers, directors, employees, and contributors shall not be liable for any indirect, incidental, special, or consequential damages resulting from network downtime, blockchain congestion, loss of private keys, or third-party protocol bugs.

7. Governing Law & Legal Desk

These Terms shall be governed by and construed in accordance with the laws of Singapore without regard to conflict of law principles.