Privacy Policy for Magic Square Staking Platform

Introduction

Magic Square is committed to protecting your privacy and ensuring that your personal information is handled in a safe and responsible manner. As part of our commitment to upholding the highest standards of privacy and security, we have developed this Privacy Policy. This document outlines how we handle information collected through our staking platform hosted at https://staking.magic.store , which is designed to facilitate the staking of $SQR tokens in a decentralized environment.

Scope of this Privacy Policy

This Privacy Policy applies to the information we collect through the Magic Square Staking Platform. It is important to note that our platform operates on a decentralized basis, and as such, we do not request, collect, or store any personal details or information beyond the minimal necessary data to facilitate staking transactions and interactions on the platform.

Information We Collect

In the interest of transparency, we collect the following information from users who interact with our staking platform:

  • Wallet Address: We collect your blockchain wallet address as it is necessary for transaction and interaction purposes within the decentralized staking environment.

  • IP Address and Device Information: To ensure the secure and efficient operation of our platform, we automatically collect your IP address and information about the device you use to access our platform. This information is used solely for operational and security purposes.

How We Use Your Information

The information we collect is used in the following ways:

  • To Facilitate Staking Transactions: Your wallet address is used to uniquely identify your staking transactions and interactions with the smart contract on our platform.

  • For Security and Operational Efficiency: We use your IP address and device information to monitor for fraudulent activity, diagnose problems, and ensure the overall security and stability of our platform.

How We Protect Your Information

Magic Square employs a variety of security measures designed to protect your information from unauthorized access and disclosure. These measures include, but are not limited to, encryption technologies and the use of secure server infrastructure. As a decentralized platform, we are inherently limited in the scope of data we collect, further reducing the risk to your personal information.

Your Rights and Choices

Given the decentralized nature of our platform and the limited information we collect, traditional methods of user data management such as data deletion requests or data modification are not applicable in the same manner as with centralized services. However, users concerned about their privacy should consider the following:

  • Wallet Addresses: Users can choose to interact with our platform using wallet addresses that do not tie back to their personal identities.

  • IP and Device Information: While necessary for security and operational purposes, users can employ privacy-enhancing tools like VPNs to manage their IP visibility.

Changes to Our Privacy Policy

Magic Square reserves the right to modify this Privacy Policy at any time. Any changes will be posted on this page, and we encourage users to review our policy regularly to stay informed about how we are protecting the information we collect.

Contact Us

If you have questions or concerns about this Privacy Policy or the practices of the Magic Square Staking Platform, please contact us through the provided channels on our main website.

Conclusion

By using the Magic Square Staking Platform, you acknowledge and agree to the terms outlined in this Privacy Policy. Our commitment to your privacy and the secure, decentralized operation of our platform is paramount, and we strive to ensure that your interaction with our services is both productive and secure.

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