Wealth Management User Agreement

MGBX Flexible Wealth Management User Agreement

This agreement is entered into by and between the MGBX Platform (hereinafter referred to as the “Platform”) and users who choose to use the MGBX Flexible Wealth Management service (hereinafter referred to as the “User”).

1. Overview

Flexible Wealth Management is a digital asset appreciation service provided by the Platform. It is designed to offer low-risk investment products with flexible deposit and withdrawal options. By depositing idle digital assets into a Flexible Wealth Management account, users may earn corresponding returns. This agreement applies to all users participating in Flexible Wealth Management. Please read and understand the content of this agreement carefully.

 

2. Product Definition

Flexible Wealth Management: Users may deposit supported digital assets (e.g., USDT, BTC, ETH) into their Flexible Wealth Management account, with the ability to subscribe and redeem at any time to earn yields.
Supported Currencies: Including but not limited to USDT, BTC, ETH, DOGE, SOL, etc. Please refer to the platform interface for the most up-to-date list.
Minimum Investment: The minimum subscription amount is 0.01 USDT (or equivalent in other currencies), subject to the latest on-screen instructions.
Annualized Interest Rate: Returns are based on the type and amount of assets held. For example:

• BTC Annual Rate: 2% fixed return with up to 1% additional variable return depending on market conditions.
  The specific interest rate is displayed in real-time and may be adjusted by the Platform in response to market dynamics.
  
  

3. Earnings Calculation & Distribution

Calculation:
Returns are calculated hourly:

Hourly Earnings = Holding Amount × Annual Rate ÷ (365 × 24)

Example: For 1,000 USDT at 10% annualized rate,

Hourly Earnings ≈ 1,000 × 10% ÷ (365 × 24) ≈ 0.0114 USDT

Distribution:

• Earnings are calculated hourly and may be redeemed at any time.
  
  
• Returns are paid in the same currency as the subscribed asset (e.g., USDT in, USDT out).
  
  
• The Platform may adjust the annual rate based on market conditions, with advance notice on the platform.
  
  

4. Subscription & Redemption Rules

Subscription:

• Users may subscribe at any time, subject to minimum and maximum thresholds.
• Assets start earning interest immediately upon subscription.
• Auto-Subscription: Idle assets in the wealth management account will be automatically subscribed at midnight daily.

Redemption:

• Users may redeem all or part of their assets and earnings at any time.
• Partial redemptions will withdraw accumulated earnings alongside the principal. The remaining principal will continue to accrue interest.
• Redeemed assets are returned in real-time to the user’s funding account and cease to accrue interest.
• Delays may occur during system maintenance or extreme market volatility, with details provided on the platform.

Limitations:

• Subscriptions and redemptions may be subject to limits as displayed.
• In periods of high volatility or insufficient fund pools, the Platform may temporarily suspend subscriptions or redemptions. Accrued interest on existing holdings will not be affected.

5. Risk Disclosure

• Market Risk: Asset values may fluctuate due to volatile market conditions.
• Credit Risk: Despite strict risk controls, delays in earnings distribution may occur due to counterparty or other risks.
• Liquidity Risk: Withdrawals may be delayed or paused under abnormal market conditions.
• Technical Risk: Blockchain or internet-related failures (e.g., hacks or bugs) may affect transactions or earnings calculations.
• Regulatory Risk: Changes in laws or regulations may impact product availability.

6. User Rights & Obligations

User Rights:

• Users may subscribe or redeem at any time and earn corresponding returns.
• Real-time interest rates, holdings, and earnings can be viewed on the platform.

User Obligations:

• Users must ensure assets used for subscriptions are lawfully obtained and not used for illicit activities.
• Account credentials must be securely maintained. The Platform is not liable for losses due to user negligence.
• Users must comply with all platform rules and procedures and assume market-related investment risks.

7. Platform Rights & Obligations

Platform Rights:

• The Platform provides the Flexible Wealth Management service and ensures accuracy of earnings calculations.
• It is not liable for losses arising from market volatility, regulatory changes, or force majeure events.
• The Platform may adjust annual rates based on market needs and notify users in advance.
• Risk monitoring may be conducted, and abnormal accounts may be frozen or suspended if necessary.

Platform Obligations:

• The Platform shall secure user assets and implement safety measures against theft or loss.
• It shall calculate and distribute returns accurately and promptly.
• Technical and customer support will be provided for user inquiries.

8. Breach of Agreement

• Users who violate this agreement and cause losses to the Platform or others must compensate accordingly.
• The Platform must also compensate users for damages arising from any breach of this agreement.

9. Dispute Resolution

Disputes shall first be resolved through amicable negotiation. If unresolved, either party may file a lawsuit with a court of competent jurisdiction in the Platform’s location.

 

10. Effective Date

This agreement becomes effective once the user subscribes or registers for the Flexible Wealth Management service and remains valid until either party terminates the service.

 

11. Termination

The agreement terminates automatically once all assets are redeemed by the user.
If the Platform discontinues the service due to legal or business changes, it will notify users in advance and assist with asset redemption.

 

MGBX Dual-Currency Wealth Management User Agreement

This agreement is entered into by and between the MGBX Platform (hereinafter referred to as the “Platform”) and users who choose to use the MGBX Dual-Currency Wealth Management service (hereinafter referred to as the “User”).

 

1. Overview

Dual-Currency Wealth Management is an innovative digital asset product offered by the Platform. Users deposit Asset A (subscription currency) and earn interest in Asset B (interest currency). The supported currency pairs are displayed on the platform. This agreement applies to all users engaging in Dual-Currency Wealth Management.

 

2. Product Definition

Dual-Currency Wealth Management: Users deposit assets in a subscription currency (e.g., ETH) and earn returns in an interest currency (e.g., USDT), with returns calculated based on a locked exchange rate.

Supported Currencies: Subscription and interest currencies may include USDT, USD, BTC, ETH, etc., subject to the platform interface.

Minimum Investment: 1 USDT (or equivalent in other currencies).
Investment Periods: Options include 7, 14, or 30 days.

Annualized Rate:
Returns are based on the currency pair and amount invested. Example:

• BTC–USDT Pair: Annualized return of 2% fixed, with up to 1% extra return depending on market fluctuations.
  
  
• Locked exchange rate at subscription (e.g., 1 BTC = 88,000 USDT) is used throughout the investment period.

Rates are subject to change based on market conditions with prior notice.

 

3. Earnings Calculation & Settlement

Calculation Formula:

Interest = Subscription Amount × Locked Rate × Annual Rate ÷ 365 × Days × (1 - Fee Rate)

Example:
10 ETH × 1,800 USDT/ETH × 6% ÷ 365 × 7 days × (1 - 0.002) = 20.6709041 USDT

Settlement:

• Returns are distributed in the interest currency (e.g., USDT) after the investment period ends.
• Settlement occurs no later than T+1 business day.
• Exchange rate is locked upon subscription and does not fluctuate during the investment cycle.
  
  

4. Subscription & Maturity Rules

Subscription:

• Users select subscription currency, interest currency, and investment duration.
• Funds are locked for the selected period and cannot be withdrawn early.

Maturity:

• Upon maturity, interest is settled in the interest currency, and the principal is returned in the subscription currency.
  Example: 10 ETH subscribed → 20.6709041 USDT interest paid → 10 ETH returned.

Early Termination:

• Early redemption is not supported.
• If the Platform terminates early (e.g., liquidity issues), interest will be calculated based on the actual holding period.

5. Risk Disclosure

• Exchange Rate Risk: Value of the interest currency may fluctuate, affecting actual returns.
• Liquidity Risk: Assets are locked and not accessible during the investment cycle.
• Market Risk: Returns may be lower than expected due to market volatility.
• Platform Risk: Technical issues or attacks may lead to losses or service disruptions.
• Fund Pool Risk: When the fund pool reaches 80% utilization, new subscriptions may be paused.

6. User Rights & Obligations

User Rights:

• Right to review product rules, strike prices, and expected yields prior to subscription.
• View real-time investment and earnings information on the platform.
• Flexibility to choose among various currency pair combinations.

User Obligations:

• Ensure the lawful origin of subscription currency.
• Safeguard account credentials. The Platform is not responsible for losses due to user negligence.
• Accept potential losses due to interest currency price fluctuations.
• Comply with all platform rules and applicable laws.

7. Platform Rights & Obligations

Platform Rights:

• Provides Dual-Currency Wealth Management service and ensures accuracy in earnings calculations.
• Not liable for losses caused by market volatility, policy changes, or force majeure.
• May adjust currency combinations, formulas, and rates as needed, with advance notice.
• May monitor accounts for risks and take action (e.g., suspension) if abnormalities are detected.

Platform Obligations:

• Secure user assets and implement necessary safety measures.
• Accurately and timely distribute earnings according to this agreement.
• Provide technical and customer support throughout the investment cycle.

8. Breach of Agreement

Users or the Platform must compensate for losses resulting from a breach of this agreement.

 

9. Dispute Resolution

Any disputes arising shall first be resolved through amicable negotiations. If negotiations fail, either party may submit the dispute to a court with jurisdiction at the Platform’s location.

 

10. Effective Date

This agreement becomes effective upon the user’s registration or subscription and remains valid until the user exits or the Platform discontinues the service.

 

11. Termination

The agreement terminates automatically upon investment maturity and return of funds.
The Platform may terminate the service due to legal or business reasons, with prior notice and assistance for final settlement.