Terms of Use
Last Updated: 01 June 2026
Important notice. Please read these Terms of Use carefully before accessing, using, or otherwise interacting with our website or any content or functionality made available through it. By accessing or using the Services, you agree to be bound by these Terms of Use, including the binding arbitration agreement and class action waiver set out in Section 14. If you do not agree to these Terms of Use, you must not access or use the Services.
1. Introduction
These Terms of Use (the "Terms") are a binding legal agreement between you (also "user", "you" or "your") and Leigon Ltd, a company incorporated in the British Virgin Islands with company number 2208336 and registered address at Commerce House, Wickhams Cay 1, P.O. Box 3140, Road Town, Tortola, British Virgin Islands, VG1110 ("Raiku", "we", "us" or "our"). The Terms govern your access to and use of the website available at raiku.com (the “Site”), including all sub-domains, content, tools, features and functionality made available by us through that website (together, the "Services").
The Services are informational and marketing in nature. We do not operate a cryptoasset exchange, custody service, payment service, or money transmission service through the Services. We do not issue, mint, redeem, or otherwise control rkuSOL.
2. Changes to these Terms
We may modify these Terms from time to time in our sole discretion. The modified Terms will be posted on the Services with an updated "Last Updated" date. Any modification becomes effective on posting. Your continued access to or use of the Services following any such modification constitutes your acceptance of the modified Terms. It is your responsibility to review the Terms periodically. If you do not agree to any modification, you must immediately cease using the Services.
3. Eligibility and User Representations
By accessing or using the Services, you represent and warrant to us, on your own behalf and on behalf of any entity you represent, that:
- you are at least 18 years of age and have the legal capacity to enter into a binding contract;
- if you are accessing the Services on behalf of a legal entity, you have the authority to bind such entity to these Terms;
- you have read, understood and agreed to these Terms, the Privacy Policy and the Risk Disclosure, each published on the Services;
- you are not a Restricted Person (as defined in Section 4) and will not access or use the Services, or cause or permit the Services to be accessed or used, from the territory of any Restricted Jurisdiction;
- you are not the subject of sanctions administered or enforced by any governmental authority, including the US Department of the Treasury's Office of Foreign Assets Control (OFAC), the United Nations Security Council, the European Union, HM Treasury of the United Kingdom, or any other relevant sanctions authority, and you are not listed on any list of prohibited or restricted parties maintained by any of the foregoing;
- you are solely responsible for compliance with all laws, regulations and rules applicable to you in your jurisdiction of residence, domicile, citizenship and any other connecting factor, including without limitation laws relating to securities, tax, anti-money laundering, counter-terrorist financing and sanctions;
- you understand the inherent risks of blockchain technology, digital assets, smart contracts, liquid staking and decentralised finance, and you have the financial and technical sophistication to evaluate those risks; and
- any wallet you use in connection with the Services or to interact with rkuSOL is owned and controlled by you, and you are solely responsible for the security of that wallet and any private keys, seed phrases or credentials associated with it.
4. Restricted Persons and Restricted Jurisdictions
"Restricted Person" means any natural or legal person who is:
- a resident of, located in, or ordinarily resident in the United Kingdom;
- a resident of, located in, or ordinarily resident in the People’s Republic of China;
- a resident of, located in, or ordinarily resident in the Republic of Korea (South Korea);
- a resident of, located in, or ordinarily resident in Japan;
- a resident of, located in, ordinarily resident in, or a national of any jurisdiction subject to comprehensive sanctions administered by OFAC, the United Nations, the European Union or HM Treasury of the United Kingdom from time to time, including without limitation the Democratic People's Republic of Korea (North Korea), the Islamic Republic of Iran, the Syrian Arab Republic, the Republic of Cuba, and the Crimea, so-called Donetsk People's Republic and so-called Luhansk People's Republic regions of Ukraine;
- otherwise subject to sanctions administered or enforced by any of the authorities referred to in paragraph (c);
- listed on the List of Specially Designated Nationals and Blocked Persons maintained by OFAC, the UK Sanctions List, the EU Consolidated Financial Sanctions List, the UN Consolidated Sanctions List, or any equivalent list; or
- acting directly or indirectly on behalf of, or for the benefit of, any person described in paragraphs (3.1) to (3.5).
"Restricted Jurisdiction" means any jurisdiction of residence, location or ordinary residence of a Restricted Person.
We reserve the right, in our sole discretion and without notice, to implement technical measures (including internet protocol address-based geo-blocking) to restrict access to the Services from any Restricted Jurisdiction. The fact that we may not have implemented, or may have ceased to implement, any such technical measure does not constitute a waiver of the restriction on Restricted Persons using the Services.
We may update the list of Restricted Jurisdictions from time to time, including where a jurisdiction becomes subject to sanctions or where we determine, in our sole discretion, that access to the Services from that jurisdiction presents an unacceptable legal or regulatory risk. The current list of Restricted Jurisdictions is the list set out in this Section 4 as amended from time to time.
5. Nature of the Services; Relationship with Sanctum
Informational website only. The Services consist solely of an informational and marketing website operated by Raiku. Raiku does not itself deploy, operate, control, modify or govern any smart contract, stake pool, validator, liquid staking token or blockchain protocol through the Services. Raiku does not take custody of any digital assets through the Services and does not accept deposits of, or hold, digital assets on your behalf.
rkuSOL and the Sanctum infrastructure. rkuSOL is a liquid staking token issued by a Solana stake pool deployed through the infrastructure of Sanctum (operated by Igneous Labs, Inc. or such other entity as Sanctum may nominate from time to time, "Sanctum"). Raiku is not Sanctum and is not a group company of Sanctum. Raiku does not issue rkuSOL. Any minting, redemption or transfer of rkuSOL occurs under smart contracts and infrastructure operated by Sanctum and third parties, and is not performed by Raiku. Your relationship with respect to the deposit of SOL, the issuance, holding and redemption of rkuSOL, and the operation of the stake pool is with Sanctum and the relevant stake pool, not with Raiku.
Sanctum's terms apply. If you deposit SOL or otherwise interact with the Sanctum infrastructure, your access to and use of that infrastructure is governed by Sanctum's own terms of service, privacy policy and other applicable documentation, which you should review before interacting with Sanctum. We have no control over, and assume no responsibility for, Sanctum's terms, policies, systems, smart contracts or services.
Validator curation. Raiku curates a set of Solana validators to which the stake pool operated through the Sanctum infrastructure may delegate SOL. Raiku does not operate those validators itself and does not guarantee their performance, uptime or compliance with any protocol parameter. Validator performance may result in reduced staking rewards or, in the event of slashing, in loss of staked SOL.
No relationship. Nothing in these Terms or in your use of the Services creates any partnership, joint venture, agency, fiduciary, trust, employment, advisory, broker-dealer or custodial relationship between you and Raiku. No contractual relationship arises between you and Raiku with respect to the minting, holding, redemption or transfer of rkuSOL by reason only of your access to or use of the Services.
6. Third-Party Swap Functionality
Third-party service. The Site may make available an embedded interface (the “Swap Widget”) provided by Jupiter and/or the operators of the Jupiter protocol (the “Swap Provider”), through which you may exchange Solana Program Library tokens for SOL in order to mint rkuSOL. The Swap Widget, and all swap, routing, quotation, and execution functions accessed through it, are provided and performed solely by the Swap Provider as an independent third party. The Swap Provider is not affiliated with, or controlled by, the Company.
Non-custodial execution; Company role. All swaps are executed on a non-custodial, onchain basis directly between you, the Swap Provider’s infrastructure, and the relevant liquidity sources. The Company does not, at any point: (a) take custody, possession, or control of your SOL, SPL tokens, or other digital assets; (b) match, bring together, or cause the interaction of orders; (c) act as counterparty to any swap; (d) set, determine, quote, or warrant any price, exchange rate, slippage, or execution outcome; or (e) effect or route any transaction for your account. The Company does not act as a broker, dealer, exchange, alternative trading system, money transmitter, money services business, futures commission merchant, or introducing broker in connection with the Swap Widget, and provides the Swap Widget solely as a convenience to signpost and provide access to the Swap Provider’s service.
No advice; no warranty of price or execution. The Company does not recommend any token, does not provide investment, trading, tax, or legal advice, and makes no representation or warranty as to price, best execution, slippage, routing, availability, or any swap outcome. Any prices, quotes, or estimates displayed are generated by the Swap Provider, not the Company. You are solely responsible for evaluating any swap and any token you choose to deposit.
On-ramp only. The Swap Widget is provided solely to allow you to convert a supported token into SOL for the purpose of staking and minting rkuSOL. Using the Swap Widget does not alter the nature, rights, or economics of rkuSOL, which in all cases represents your interest in pooled, staked SOL and the Solana protocol rewards accruing to it. rkuSOL is issued as a bare staking receipt evidencing your ownership of the deposited SOL and the protocol rewards accruing to it; no RAIKU token, airdrop, or other incentive or bundled economics is offered, promised, or attached in connection with minting rkuSOL through the Swap Widget. The Company makes no representation that any swap, or the use of the Swap Widget, will generate any yield, return, or profit.
Swap Provider terms. Your use of the Swap Widget is subject to the Swap Provider’s own terms of service, privacy policy, and other applicable terms (the “Swap Provider Terms”), available at https://developers.jup.ag/docs/legal/terms-of-use, which you should review before using the Swap Widget. The Company is not a party to the Swap Provider Terms, and nothing on the Site varies, supplements, or warrants them. In the event of any conflict between these Terms and the Swap Provider Terms in respect of a swap, the Swap Provider Terms govern that swap as between you and the Swap Provider.
Eligibility and Restricted Jurisdictions. The Swap Widget is subject to the same eligibility and access restrictions as the remainder of the Site, including the Restricted Jurisdictions provisions in clause 4. Access to or use of the Swap Widget by, or on behalf of, any person in or resident of a Restricted Jurisdiction is prohibited.
Crypto asset securities; interface status. To the extent any token routable through the Swap Widget is a crypto asset security, the Swap Widget operates on a non-custodial basis from your own self-custodial wallet, prepares transactions using pre-disclosed, objective parameters that you select, and does not exercise discretion over, or control, routing or execution outcomes. Neither the Company nor the Swap Provider is registered with, or regulated by, any regulator as a broker, dealer, or exchange in connection with the Swap Widget, and neither is acting as your agent or fiduciary. You are solely responsible for any tax or regulatory consequences of any swap.
ASSUMPTION OF RISK; DISCLAIMER AND RELEASE. YOU USE THE SWAP WIDGET AT YOUR OWN RISK. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY DISCLAIMS ALL LIABILITY ARISING OUT OF OR RELATING TO THE SWAP WIDGET OR ANY SWAP EXECUTED BY THE SWAP PROVIDER, INCLUDING ANY LOSS ARISING FROM PRICING, SLIPPAGE, FAILED OR DELAYED TRANSACTIONS, SMART-CONTRACT OR PROTOCOL FAILURE, OR THE ACTS OR OMISSIONS OF THE SWAP PROVIDER, AND YOU RELEASE THE COMPANY FROM ANY SUCH LIABILITY. THE SWAP WIDGET AND ALL SWAP FUNCTIONALITY ARE PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT WARRANTIES OF ANY KIND.
7. No Offer, No Solicitation, No Advice
Nothing on the Services constitutes, or is intended to constitute, an offer to sell, a solicitation of an offer to buy, or a recommendation to engage in any transaction involving any security, cryptoasset, investment product, financial instrument or any other asset, in any jurisdiction in which such offer, solicitation or recommendation would be unlawful.
Nothing on the Services constitutes investment advice, legal advice, tax advice, accounting advice, financial advice or any other form of professional advice. We do not assess the suitability, appropriateness or compatibility of rkuSOL, staking or any other activity for your individual circumstances, financial situation, objectives or risk tolerance. Any decision to engage in staking, to acquire, hold, transfer or dispose of rkuSOL, or to interact with any third-party protocol or application, is made by you independently and solely on the basis of your own assessment, due diligence and, if needed, advice obtained from your own qualified professional advisers.
Past performance of the Solana network, the stake pool, any validator or rkuSOL is not indicative of future performance. Staking rewards are variable, are not guaranteed, and depend on factors outside Raiku's control, including network conditions, validator performance and protocol parameters.
8. Fees
Participation in the stake pool may be subject to fees, including without limitation validator commission, stake pool operator fees, Sanctum protocol fees, Solana network fees and third-party routing fees. Those fees are determined by the relevant stake pool, validators, Sanctum and third-party protocols, not by Raiku. You are responsible for informing yourself about and paying any applicable fees before interacting with the stake pool or any third-party protocol. Raiku does not charge you a fee for accessing the Services.
9. Intellectual Property
The Services, including all content, text, graphics, logos, user interfaces, audio-visual elements, and the compilation thereof, and any software used on the Services, are owned by Raiku or its licensors and are protected by copyright, trademark and other laws. Subject to your compliance with these Terms, Raiku grants you a personal, limited, revocable, non-exclusive, non-transferable and non-sublicensable licence to access and use the Services for your personal, non-commercial use.
No other rights are granted to you. You may not (and may not permit any third party to) copy, modify, distribute, sell, lease, reverse engineer, decompile, disassemble or create derivative works from any part of the Services, except to the extent such restrictions are prohibited by applicable law. All rights not expressly granted to you are reserved by Raiku and its licensors.
"Raiku", "rkuSOL" and the Raiku logos are trademarks of Raiku or its affiliates. Other trademarks, service marks, graphics and logos used in connection with the Services may be the trademarks of other third parties. Your use of the Services grants you no right or licence to reproduce or otherwise use any Raiku or third-party trademarks.
10. Prohibited Conduct
You agree that you will not, and will not permit any third party to:
- use the Services in any manner that violates any applicable law or regulation, including without limitation laws relating to securities, tax, anti-money laundering, counter-terrorist financing, sanctions, consumer protection or data protection;
- use the Services for any fraudulent, deceptive, malicious or otherwise unlawful purpose;
- use the Services if you are a Restricted Person or from a Restricted Jurisdiction, or use any technical means (including virtual private networks or proxies) to circumvent or attempt to circumvent any access restriction implemented by us;
- attempt to gain unauthorised access to, or interfere with, disrupt or impair the operation of, the Services or any servers or networks connected to the Services;
- introduce any virus, worm, trojan horse, logic bomb or other material that is malicious or technologically harmful to the Services or to any user of the Services;
- use any robot, spider, scraper, crawler or other automated means to access the Services for any purpose without our prior written consent;
- copy, reproduce, republish, frame, download, display, post or transmit any content of the Services in any form or by any means, other than as expressly permitted by these Terms;
- use the Services in any manner that could disable, overburden, damage or impair the Services, or interfere with any other user's use of the Services; or
- impersonate any person or entity, or misrepresent your affiliation with any person or entity, in connection with the Services.
We reserve the right to investigate any suspected violation of these Terms, to suspend or terminate your access to the Services at any time and for any reason in our sole discretion, and to cooperate with law enforcement authorities in the investigation and prosecution of any unlawful activity.
11. Third-Party Services
The Services may contain links to or references to, or may embed user interface elements provided by, third-party websites, applications, protocols, smart contracts, tools, services or content (including, without limitation, Sanctum, Jupiter, wallet providers, decentralised exchanges, lending protocols, yield protocols and other decentralised finance applications) (together, "Third-Party Services"). Third-Party Services are not owned, operated, controlled, endorsed, recommended or verified by Raiku. Your access to and use of any Third-Party Service is at your own risk and is subject to the terms, policies and practices of the relevant third party. We have no responsibility or liability for any Third-Party Service, and the inclusion of any link or reference does not imply any endorsement of, or association with, the Third-Party Service or its operator.
12. Disclaimers
AS-IS. THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, RAIKU, ITS AFFILIATES AND THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS, SUPPLIERS AND LICENSORS (TOGETHER, THE "RAIKU PARTIES") MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, IN RELATION TO THE SERVICES, AND EACH OF THEM SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT AND QUIET ENJOYMENT, AND ANY WARRANTIES ARISING OUT OF ANY COURSE OF DEALING OR USAGE OF TRADE.
No guarantee of availability, accuracy or continuity. None of the Raiku Parties warrants that the Services will be accurate, complete, reliable, uninterrupted, timely, secure, error-free or free of harmful components, that any defects will be corrected, or that the Services or the servers that make the Services available are free of viruses or other harmful components.
No warranty as to rkuSOL or staking. Without limiting the generality of the foregoing, the Raiku Parties make no representation or warranty, and give no guarantee or assurance, regarding (a) the performance, uptime, security or solvency of the Solana network, Sanctum, any stake pool, any validator or any Third-Party Service; (b) any staking reward, yield, return, liquidity, redemption value or secondary market price of rkuSOL; (c) the legal or regulatory treatment of rkuSOL, staking or any related activity in any jurisdiction; or (d) the tax consequences of any transaction.
Risk Disclosure. You acknowledge that you have read and understood the Risk Disclosure published on the Services, and that you accept all risks described in it.
13. Limitation of Liability
Exclusion of certain damages. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL ANY RAIKU PARTY BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, REVENUES, BUSINESS, GOODWILL, USE, DATA, DIGITAL ASSETS, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF, OR INABILITY TO USE, THE SERVICES, REGARDLESS OF THE THEORY OF LIABILITY (WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE OR OTHERWISE) AND EVEN IF A RAIKU PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
Overall cap. WITHOUT LIMITING THE FOREGOING, THE TOTAL AGGREGATE LIABILITY OF THE RAIKU PARTIES TO YOU IN RESPECT OF ALL CLAIMS ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR YOUR USE OF THE SERVICES WILL NOT EXCEED ONE HUNDRED UNITED STATES DOLLARS (US$100).
Specific matters excluded. Without limiting the foregoing, none of the Raiku Parties will be liable for any loss, damage or harm arising out of or in connection with (a) any act or omission of Sanctum, any stake pool operator, any validator or any operator of a Third-Party Service; (b) any change in the value of any digital asset; (c) any hacking, phishing, social engineering, exploit or other unauthorised access to any wallet, smart contract, protocol or application; (d) any failure, delay or error in the operation of the Solana network; (e) any regulatory action or change in law affecting the availability or legality of rkuSOL or staking; or (f) any change to these Terms or discontinuation of all or any part of the Services.
Basis of the bargain. You acknowledge and agree that the limitations and exclusions set out in this Section 12 are a fundamental element of the basis of the bargain between you and Raiku, that you would not be permitted to use the Services on any other basis, and that without them the Services would not be provided.
Mandatory consumer protections. Nothing in these Terms limits any liability which cannot lawfully be limited under applicable law, including liability for fraud or fraudulent misrepresentation.
14. Indemnification
To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless the Raiku Parties from and against any and all claims, actions, proceedings, losses, damages, liabilities, costs and expenses (including reasonable legal fees) arising out of or in connection with (a) your access to or use of the Services; (b) your breach of these Terms; (c) your violation of any applicable law or regulation, including without limitation any securities, tax, sanctions or anti-money laundering law; (d) your infringement of any third-party right; or (e) any third-party claim arising from or related to your use of rkuSOL, the stake pool or any Third-Party Service. We reserve the right to assume the exclusive defence and control of any matter subject to indemnification by you, in which case you agree to cooperate with our defence of that matter.
15. Governing Law and Dispute Resolution
Governing law. These Terms, and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with them or their subject matter or formation, are governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of laws rules.
Negotiation first. Before commencing any arbitration, the party raising a claim (the "Initiating Party") shall first give written notice to the other party setting out the nature and details of the claim (the "Dispute Notice"). The parties shall then engage in good-faith negotiations for a period of thirty (30) days from the date of the Dispute Notice with a view to resolving the claim amicably. If the claim is not resolved within that period, either party may refer the dispute to arbitration in accordance with this Section 14.
Arbitration. Subject to the foregoing, any dispute, controversy or claim (including any non-contractual dispute or claim) arising out of or in connection with these Terms, including any question regarding its existence, validity, interpretation, performance, breach or termination, or the relationship between the parties, shall be referred to and finally resolved by arbitration under the Arbitration Rules of the London Court of International Arbitration (the "LCIA"), which Rules are deemed to be incorporated by reference into this Section 14. The seat of arbitration shall be London, England. The tribunal shall consist of one arbitrator. The language of the arbitration shall be English. The arbitral award shall be final and binding on the parties.
Class action waiver. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AND RAIKU AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR OUR INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, CONSOLIDATED OR REPRESENTATIVE PROCEEDING. NO ARBITRATOR OR COURT SHALL HAVE AUTHORITY TO CONSOLIDATE THE CLAIMS OF, OR TO PROVIDE RELIEF TO, MORE THAN ONE PERSON IN ANY SINGLE PROCEEDING. YOU ACKNOWLEDGE THAT YOU ARE WAIVING THE RIGHT TO A TRIAL BY JURY AND TO PARTICIPATE IN A CLASS ACTION.
Interim relief. Notwithstanding this Section 14, either party may apply to any court of competent jurisdiction for interim or conservatory relief in aid of arbitration.
16. Miscellaneous
Entire agreement. These Terms, together with the Privacy Policy and the Risk Disclosure, constitute the entire agreement between you and Raiku with respect to the Services and supersede any prior or contemporaneous agreements, communications or understandings, whether oral or written, with respect to the subject matter of these Terms.
Severability. If any provision of these Terms is held to be invalid, illegal or unenforceable, that provision will be deemed modified to the minimum extent necessary to make it enforceable, or if it cannot be so modified, severed from these Terms, and the remaining provisions will continue in full force and effect.
No waiver. No failure or delay by Raiku in exercising any right or remedy under these Terms will operate as a waiver of that right or remedy, nor will any single or partial exercise preclude any other or further exercise of that right or remedy.
Assignment. You may not assign, transfer or delegate any of your rights or obligations under these Terms without our prior written consent, and any purported assignment in violation of this provision is void. We may assign or transfer any or all of our rights or obligations under these Terms at any time without your consent.
Force majeure. Raiku will not be liable for any failure or delay in the performance of its obligations under these Terms to the extent such failure or delay is caused by circumstances beyond its reasonable control, including without limitation acts of God, natural disasters, war, terrorism, riots, civil unrest, pandemics, governmental actions, internet or telecommunications outages, cyber-attacks, or failures of the Solana network or any Third-Party Service.
No third-party beneficiaries. Subject to the benefit conferred on the Raiku Parties under Sections 11, 12 and 13, these Terms do not confer any rights on any person other than you and Raiku.
Language. These Terms are drafted in English. Any translation provided for convenience is non-binding, and the English version will prevail in the event of any discrepancy.
Contact. Any notice or other communication given under or in connection with these Terms must be given in writing and sent to legal@raiku.com in the case of Raiku, or to the email address you have provided to us in the case of you.
17. Contact
If you have any questions about these Terms, please contact us at legal@raiku.com.
