Terms of Service

These Terms of Service, presented by https://www.y3s.app/ (referred to as the "Terms"), establish the rules and responsibilities pertaining to you (referred to as a "Counterparty" or the "Customer") use of the challenges and services provided by UOwn Corporation s.r.o., a company incorporated under the laws of the Czech Republic, with its registered office at Vojtěšská 211/6, Nové Město (Praha 1), 110 00 Prague, Czech Republic, identification number (IČO): 21975469, registered in the Commercial Register maintained by the Municipal Court in Prague, Section C, Insert 409265 (referred to as "Y3S Challenges," "Challenges," "Evaluation," or "Services," and collectively as the "Provider"). These services are primarily accessible through the website https://www.y3s.app/ (referred to as the "Website").

The Customer is kindly urged to thoroughly review these Terms. The Customer is not obliged to use the Services or engage in Y3S Challenges if the Customer does not agree with or comprehend any part of these Terms. It is essential that the Customer choose to use the Services only if the Customer understands and consents to these Terms. By engaging in our Services or participating in the Y3S Challenges we offer, the Customer validates their acceptance of these Terms and their commitment to adhere to them.

By using our site and/or enlisting in a Challenge, the Customer agrees to be bound by the following terms and conditions, as well as any other terms and conditions and policies linked herein and/or accessible through a hyperlink. These Terms of Service apply to all users of the site, including but not limited to browsers, vendors, consumers, merchants, and/or content creators.

Please carefully read these Terms of Service before accessing or using our website. By accessing or using any part of the site, the Customer agrees to be bound by these Terms of Service. If the Customer does not agree to all of the terms and conditions of this agreement, the Customer may not visit the website or use any services. If these Terms of Service are deemed an offer, acceptance is strictly limited to these Terms of Service. The Services are only available to those over the age of 18 who reside in countries where the Services are provided. Any additional features or tools added to the existing site (within the given accounts area) will be subject to the Terms of Service as well. The most recent version of the Terms of Service can be seen on this page at any time. The Provider reserves the right to update, change, or replace any part of these Terms of Service in accordance with the notification procedures set out in Article 23. Material changes will be communicated to the Customer at least 14 days before they take effect. The Customer's continued use of the Services after the effective date of any changes constitutes acceptance of those changes. If the Customer does not accept the modified Terms, they may terminate the agreement without penalty before the effective date in accordance with Article 23.2.

By accepting these Terms of Service, the Customer confirms that they meet the legal age requirements in their state or province of residence, and in any event are at least 18 years of age. As a condition for using the Services, the Customer agrees not to participate in any unlawful or unauthorized activities, including but not limited to the violation of copyright laws. If the Customer breaches any of these Terms, their access to the Services will be terminated immediately.

The Customer represents and warrants that: (a) they have the legal capacity to enter into this agreement; (b) they are not located in, under the control of, or a national or resident of any jurisdiction from which the Services are prohibited; (c) they will not use the Services for any illegal purpose; (d) all information provided during registration is accurate, complete, and current.

1.2 Pre-Registration Disclosure

1.2.1 Prior to completing registration, the Customer is obligated to thoroughly review these Terms, the Privacy Policy, the Consumer Information document, and all information regarding evaluation fees. By proceeding with registration, the Customer confirms that they have read, understood, and accepted all applicable terms and conditions in their entirety.

1.2.2 The Customer acknowledges that the Provider makes the full text of these Terms available on the Website at all times and that the Customer had a reasonable opportunity to review them before entering into this agreement.

The Provider reserves the right to deny, suspend, or terminate access to the Services for documented reasons set out in these Terms, including but not limited to: (a) breach of these Terms; (b) failure to complete KYC/AML verification requirements; (c) compliance with applicable sanctions or regulatory obligations; (d) fraudulent activity or identity misrepresentation. Any such action shall be subject to the notification and appeal procedures set out in Article 13.3, except where immediate action is required pursuant to Article 13.2.7. All data transmitted between the Customer and the Provider is protected by appropriate technical and organisational measures, including encryption in transit, in accordance with Article 32 of Regulation (EU) 2016/679 (GDPR) and applicable data protection law. The Customer acknowledges that data may be routed through multiple networks and may undergo technical modifications necessary for transmission compatibility. Credit card and payment data is processed exclusively by certified third-party payment processors (Stripe, Paymento) and is never stored by the Provider. Credit card information will always be encrypted during transmission over networks. The Customer agrees not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service, the use of the Service, or access to the Service, or any contact on the website through which the Service is provided, without the Provider's explicit written permission. The headings in this agreement are for convenience only and do not impact the interpretation of the Terms.

2.1 Communication Language: All communications between the Provider and the Customer shall be conducted in English, Czech or Slovak languages. The Customer acknowledges that they have sufficient understanding of the English language to comprehend these Terms and all related documentation. In the event of any discrepancy between language versions of these Terms, the English version shall prevail, unless mandatory consumer protection law of the Customer's country of habitual residence requires otherwise.

2.2 Electronic Communications: By using the Services, the Customer consents to receiving electronic communications from the Provider. Such communications include essential service notices about the Customer's account and updates to the Services. Promotional and marketing communications will only be sent where the Customer has provided separate explicit consent, and the Customer may withdraw such consent at any time by clicking the unsubscribe link in any marketing email or by contacting info@y3s.app, without affecting their use of the Services. The Customer agrees that any notices, agreements, disclosures, or other communications sent electronically satisfy any legal communication requirements.

The Customer understands that the services and content are provided "as is," with all potential faults, defects, or limitations, and that using them is entirely at the Customer's own risk. While the Provider strives to keep all information accurate and up-to-date, it acknowledges that technology may have inherent limitations. Therefore, the Customer accepts these possible limitations and agrees to use the services with this understanding. To the fullest extent allowed by applicable law, the Provider disclaims all warranties—whether statutory, express, implied, or otherwise—including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

3.1 Market Data Disclaimer: Any market data, price quotes, charts, or other trading information displayed on the Platform are provided for informational purposes only and may be delayed, inaccurate, or incomplete. The Provider does not guarantee the accuracy, timeliness, or completeness of such data. The Customer should not rely solely on such information for making trading decisions.

3.2 Customer-Side Technical Requirements and Connectivity.

The Customer is solely responsible for ensuring that their technical equipment, internet connection, and software environment meet the minimum system requirements published by the Provider at https://www.y3s.app/legal/technical-requirements (the "System Requirements"). The Provider does not guarantee uninterrupted or error-free platform access where disruptions arise from the Customer's device, browser, internet service provider, or network connectivity.

The Customer acknowledges that the Platform relies on a continuous real-time WebSocket connection for the transmission of live market data and the evaluation of Challenge rules, including stop-loss, take-profit, daily loss, and maximum total loss parameters. These parameters are monitored and enforced server-side on the basis of price data available to the Provider's systems at the time of evaluation. In the event of a WebSocket disconnection or degraded connectivity on the Customer's side, open positions may be closed and Challenge rules may continue to be evaluated on the basis of the last price data received by the Provider's systems. The Provider shall not be liable for any Challenge failure, position closure, or loss of Challenge status resulting from the Customer's failure to maintain a stable and sufficient internet connection as specified in the System Requirements.

The Customer further acknowledges that price data is routed through multiple system layers which may introduce latency. Trading decisions made on the basis of data displayed in the Customer's browser may reflect a slight delay relative to the Provider's server-side data. This is an inherent technical characteristic of the Service and does not constitute a defect or breach by the Provider.

Prior to completing any purchase, the Customer will be required to actively confirm via checkbox that their device meets the System Requirements published at https://www.y3s.app/legal/technical-requirements.

Prices for products may change at any time. Where practicable, the Provider shall endeavour to provide reasonable advance notice of material price changes in accordance with Article 4.1. The Provider reserves the right to alter or discontinue the Service, subject to the following notice requirements: (a) for discontinuation affecting active Challenges or Funded Accounts: at least thirty (30) calendar days' written notice, except where required by law, regulatory order, or force majeure as defined in Article 23A; (b) for temporary suspension for maintenance: at least 48 hours' advance notice where practicable; active Challenge periods shall be paused and drawdown timers suspended for the duration of any unplanned outage exceeding two (2) hours. The Provider shall not be liable for changes, modifications, or discontinuation of the Service carried out in accordance with these notification requirements.

4.1 Notwithstanding the above, the Provider shall endeavor to provide reasonable notice of material changes to pricing or Services where practicable. Changes to these Terms shall be communicated to the Customer via email to the registered email address or by posting/updating the already posted Terms on the Website.

The Provider reserves the right to limit the sale of products or services to individuals, geographic areas, or jurisdictions where required by applicable law, sanctions compliance, or regulatory requirements, on a case-by-case basis with documented reasons. The Provider also retains the right to restrict the quantities of any products or services it offers. Material changes to product descriptions or prices applicable to existing contractual relationships shall be communicated in accordance with Article 23. The Provider reserves the right to discontinue any product upon thirty (30) calendar days' written notice to Customers with active Challenges or Funded Accounts affected by such discontinuation. Any product or service offer made on this site is void where prohibited by law.

The Provider makes no guarantee that the quality of any products, services, information, or other materials purchased or obtained by the Customer will meet the Customer's expectations, nor does it guarantee that any errors in the Service will be corrected.

5.1 Nature of Services: The Customer explicitly acknowledges and agrees that:

(a) All trading conducted through the Platform is simulated trading using virtual/fictional funds only;

(b) No real financial instruments are traded, purchased, or sold;

(c) Any "profits" or "losses" displayed are hypothetical and for evaluation purposes only;

(d) The Services are designed to assess the Customer's trading skills in a risk-free simulated environment;

(e) Performance-based rewards are not profits from actual trading, investment returns, or income from financial instruments — all trading is conducted in a simulated environment using fictional funds only.

5.2 Nature of the Contractual Relationship

5.2.1 The Services are offered exclusively to natural persons. The relationship between the Provider and the Customer is in all phases a business-to-consumer (B2C) relationship governed by applicable EU and Czech consumer protection law.(a) Evaluation Challenge phase: The purchase of an Evaluation Challenge by a natural person acting outside their trade, business, or profession constitutes a business-to-consumer (B2C) transaction. Customers who qualify as consumers within the meaning of Directive 2011/83/EU on consumer rights are entitled to all mandatory consumer protection rights under applicable EU and Czech law, including but not limited to the right of withdrawal under Article 19.3.1 of these Terms.(b) Funded Account phase: Upon successful completion of the Evaluation Challenge and activation of a Funded Account, the Customer continues to act as a natural person and the relationship remains a consumer relationship governed by applicable EU and Czech consumer protection law. Performance-based rewards paid to the Customer pursuant to Article 5.4 constitute contractual payments for the provision of simulated trading activity and data, and do not constitute income from investment activity, financial services, or employment. The Provider may use data derived from the Customer's simulated trading activity on its own separate accounts.

5.2.2 The relationship between the Provider and the Customer does not constitute, and shall not be interpreted as, an employment relationship, a labour relationship, or any form of dependent work within the meaning of Act No. 262/2006 Coll. (Czech Labour Code), as amended.

5.2.3 The Customer acknowledges and agrees that: (a) the Customer acts as an independent party and not as an employee, agent, or representative of the Provider; (b) the Customer bears no liability for losses incurred during trading activity beyond the fee paid for the relevant Challenge; (c) all losses arising from simulated trading activity on funded accounts are borne exclusively by the Provider; (d) nothing in these Terms limits or excludes the mandatory rights and protections afforded to the Customer as a consumer under applicable EU law and the law of the Customer's country of habitual residence.

5.2.4 No provision of these Terms, and no conduct by either party, shall give rise to an employment or quasi-employment relationship. Any claim to the contrary is expressly excluded to the fullest extent permitted by applicable law.

5.2.5 Funded Account Agreement. Upon successful completion of all Challenge phases and KYC verification, the Provider may require the Customer to execute a Funded Account Agreement as a condition for activating the Funded Account. The following rules apply: (a) The Funded Account Agreement shall be consistent with and supplementary to these Terms. In the event of any conflict between the Funded Account Agreement and these Terms, these Terms shall prevail unless the Funded Account Agreement expressly and specifically derogates from a named provision of these Terms in the Customer's favour. (b) The Customer shall be provided with the full text of the Funded Account Agreement at least forty-eight (48) hours before being required to sign it. (c) The Customer's right to withdraw from the Funded Account Agreement is governed by Article 19.3.1 of these Terms. (d) Refusal to sign the Funded Account Agreement does not entitle the Customer to a refund of Challenge fees already paid, as the Challenge evaluation service has been fully provided. This applies provided that the Funded Account Agreement does not impose materially worse commercial terms, additional fees, or trading restrictions beyond those disclosed in these Terms of Service at the time of the Customer's initial Challenge purchase. Where the Funded Account Agreement contains such materially worse terms and the Customer refuses to sign on that basis, the Customer may submit a written objection to the Provider within five (5) business days of receiving the Agreement, and the Provider shall review the objection in accordance with Article 13.3.2.

5.3 Evaluation Process — Mandatory Completion

5.3.1 Access to any simulated funded trading account is strictly conditional upon the Customer's successful and independent completion of a multi-phase evaluation process covering: (1) Phase 1 — risk discipline, (2) Phase 2 — performance consistency, and (3) Phase 3 — funded trading stage, as set out in Articles 18.3–18.6. Where required, a verification assessment may be conducted as a condition for accessing the Funded Account (Article 18.4). Furthermore, any additional interview requirement mandated by the Provider must be successfully completed before access is granted. The Provider does not grant access to funded capital by any means other than successful Challenge completion.

5.3.2 No benefit, voucher, token, promotional code, or any other instrument issued by or in connection with the Provider shall entitle the Customer to bypass, skip, or reduce any mandatory evaluation phase. In particular: (a) Phase Reset vouchers (as defined in Article 20A.3) entitle the Customer to commence a new evaluation account from the beginning — they do not grant access to funded capital and do not waive any evaluation requirement; (b) Drawdown Booster vouchers (as defined in Article 20A.3) modify risk parameters within an active evaluation account — they do not alter the requirement to complete all evaluation phases; (c) Academy and AI Bot vouchers (as defined in Article 20A.3) provide access to educational and analytical tools only — they confer no trading or evaluation advantage.

5.3.3 Any benefit or voucher purporting to grant direct access to a funded account without completion of the evaluation process is null and void and shall not be honored by the Provider.

5.4 Profit Share Ratio

5.4.1 Rewards derived from successful simulated trading results on the funded account shall be split between the Customer and the Provider in accordance with the profit split ratio applicable to the relevant Challenge type, as set out in the challenge specifications displayed on the Website and confirmed to the Customer at checkout before purchase. The applicable profit split ratio is binding for the duration of the relevant Phase 3 funded account period, subject to the Customer's full compliance with these Terms, the Y3S Funded Score rule (Article 18.5.3), and all applicable withdrawal conditions.

5.4.2 Performance-based rewards are contractual payments to which the Customer is entitled upon fulfilment of all conditions set out in Articles 18.3, 18.5.3, and 18.6.3. The Provider has no discretion to withhold rewards where all applicable conditions have been objectively met. Rewards do not constitute profits from real trading, investment returns, or income from financial instruments.

Where the Customer obtains a Drawdown Booster voucher (whether through purchase, NFT burn, or any promotional activity), the following restrictions apply and form part of the Customer's obligations under these Terms:

5A.1 A Drawdown Booster voucher increases the applicable drawdown limit on a designated evaluation account by the amount specified in the voucher (e.g., +1% daily drawdown or +1% maximum drawdown). The modified limits apply exclusively to the single account for which the voucher is activated.

5A.2 Non-accumulation rule (Stacking Prohibition): The Customer may apply a maximum of: (a) one (1) daily drawdown booster voucher per evaluation account; and (b) one (1) maximum drawdown booster voucher per evaluation account. Activation of more than one voucher of the same type on a single account is not permitted. Any attempt to apply a second voucher of the same type will be rejected by the system.

5A.3 Drawdown Booster vouchers do not constitute a return of capital, a refund, or an investment instrument. They are utility features that modify evaluation parameters within the simulated trading environment only.

5A.4 The stacking prohibition in 5A.2 is enforced at the system level. The Provider reserves the right to void any benefit or voucher applied in breach of this provision and to reverse any associated account modifications.

Following receipt of payment, a tax document (invoice) will be made available to the Customer in the User Area within fourteen (14) calendar days of the date payment is received, in accordance with applicable Czech tax law. The Customer is responsible for ensuring that billing information provided during the Order process is accurate and up to date.

The Provider reserves the right to decline any order placed. At the Provider's sole discretion, limits or cancellations may be applied to the quantity of items purchased per person, household, or order. These restrictions may be enforced on orders made using the same customer account, credit card, and/or billing or shipping address. If an order is modified or canceled, the Provider will make an effort to notify the Customer by contacting the email and/or billing address or phone number provided at the time of purchase. Furthermore, the Provider reserves the right to restrict or refuse orders that, in its judgment, appear to be placed by dealers, resellers, or distributors.

The Customer agrees to provide accurate, complete, and up-to-date purchase and account information for all transactions made on the Provider's site. The Customer also commits to promptly updating account details, such as email addresses, credit card numbers, and expiration dates, to enable the Provider to complete transactions and contact the Customer when necessary.

6.1 Payment Processing: All payments may be processed through third-party payment processors. In that case, the Provider is not responsible for any fees, charges, or errors imposed by such third-party processors. The Customer agrees to comply with the terms and conditions of any third-party payment processor used.

6.2 All fees are denominated in EUR as specified in Article 18.1. Where a payment processor applies currency conversion, the applicable exchange rate will be determined by the payment processor at the time of the transaction. USD or other currency amounts displayed are for reference only. The Customer is responsible for any currency conversion fees or exchange rate differences.

The Provider may offer the Customer access to third-party tools that the Provider neither controls nor monitors. The Customer acknowledges that such tools are provided on an "as is" and "as available" basis, without any warranties, guarantees, or endorsements of any kind. The Provider shall not be liable for any issues arising from or related to the Customer's use of these optional third-party tools.

Any use of optional tools provided through the site is at the Customer's own risk and discretion, and the Customer should ensure they understand and agree to the terms set forth by the relevant third-party provider(s). The Provider may also introduce new services and features on the website in the future, including new tools and resources, which will be subject to these Terms of Service.

7.2. Flight Mode (Demo Preview). The Provider may make available a demo preview mode ("Flight Mode") that allows prospective Customers to explore the Platform interface without registering or purchasing a Challenge. Flight Mode is a demonstration feature only and does not constitute a Challenge phase, does not trigger the thirty (30) day activation period under Article 19.4, and creates no contractual obligation between the Customer and the Provider in respect of Challenge performance. Any activity conducted in Flight Mode has no effect on any Challenge account.

The Provider's Service may include content, products, and services from third parties. Third-party links on the site may direct the Customer to external websites that are not affiliated with the Provider. The Provider does not examine or evaluate the content or accuracy of third-party sites and assumes no responsibility for any third-party materials, websites, products, or services.

The Provider is not liable for any damages or harm arising from the purchase or use of goods, services, resources, content, or other transactions conducted through third-party websites. The Customer should carefully review the policies and practices of third parties before proceeding with any transactions. Any complaints, claims, or concerns regarding third-party products should be directed to the third party in question.

The Customer agrees that any comments they submit to the Provider—whether online, via email, postal mail, or other methods—may be edited, copied, published, distributed, translated, and used in any medium by the Provider without restriction. The foregoing licence applies only to non-personal comments and content. Any personal data contained in Customer submissions shall be processed solely in accordance with the Privacy Policy and applicable data protection law. The Provider is under no obligation to (1) keep any comments confidential; (2) compensate the Customer for any comments; or (3) respond to any comments.

The Provider may, but is not obligated to, monitor, edit, or remove content that it deems, at its sole discretion, to be unlawful, offensive, threatening, defamatory, obscene, or otherwise objectionable, or that violates any party's intellectual property rights or these Terms of Service.

The Customer represents and warrants that their comments will not infringe on the rights of any third party, including copyright, trademark, privacy, personality, or any other personal or proprietary rights. Additionally, the Customer guarantees that their comments will not include any defamatory, abusive, or unlawful material, nor contain any viruses or malware that could affect the operation of the Service or any related website. The Customer agrees not to use a false email address, impersonate someone else, or otherwise mislead the Provider or third parties about the origin of any comments. The Customer is solely responsible for the content and accuracy of their comments. The Provider assumes no responsibility or liability for any comments made by the Customer or third parties.

Both parties agree to conduct all interactions with fairness and respect, refraining from any actions that could harm the reputation or legitimate interests of the other. This obligation to avoid detrimental conduct applies during and after the trading relationship. Any disputes should be addressed according to this agreement and relevant laws. Violation of these provisions may lead to immediate legal action, including cease and desist orders and other legal remedies to protect the affected party's rights and interests.

The submission of personal data through the website is governed by The Provider's Privacy Policy.

10.1 GDPR Compliance: The Provider processes personal data in accordance with Regulation (EU) 2016/679 (General Data Protection Regulation – GDPR). The Customer has the right to access, rectify, erase, restrict processing, data portability, and object to processing of their personal data. For the exercise of these rights, the Customer may contact the Provider at the contact details provided in Article 24. Where personal data is transferred outside the European Economic Area (EEA), the Provider ensures that appropriate safeguards (such as Standard Contractual Clauses) are in place in accordance with the GDPR.

10.2 Data Controller: UOwn Corporation s.r.o. acts as the data controller for personal data collected through the Platform. The legal basis for processing includes: (a) performance of contract; (b) legitimate interests; (c) compliance with legal obligations; and (d) consent where applicable.

Y3S.app is to implement robust and comprehensive procedures in accordance with legal and regulatory requirements pertaining to Know Your Customer (KYC), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD).

11.1 AML/CFT Compliance: The Provider implements KYC/CDD/EDD procedures in accordance with Directive (EU) 2018/843 (5th Anti-Money Laundering Directive – AMLD5), Directive (EU) 2021/1139 (6th Anti-Money Laundering Directive – AMLD6), and any subsequent EU AML regulatory framework as it enters into force, and applicable Czech AML legislation (Act No. 253/2008 Sb.).

11.2. Know Your Customer (KYC):

The KYC procedures aim to:

11.2.1. Establish an efficient system for identifying and verifying potential Counterparties.

11.2.2. Reduce the risk of money laundering by collecting and analyzing relevant information.

11.2.3. Identify suspicious transactions by detecting inconsistencies in the information provided.

KYC verification must be completed solely by the individual account holder. Attempts by multiple individuals to verify a single account are prohibited. If violations occur, the Provider reserves the right to terminate the account immediately.

11.3. Customer Due Diligence (CDD):

CDD is a mandatory process for starting and maintaining relationships with Counterparties. The CDD requirements include:

11.3.1. Collecting verifiable identification data to confirm the Counterparty's identity.

11.3.2. Understanding the nature and purpose of the Counterparty's trading activities, including their strategies and financial market expertise.

11.3.3. Monitoring trading activities on an ongoing basis to ensure consistency with the stated trading strategy, risk profile, and financial capabilities.

11.4. Enhanced Due Diligence (EDD):

For high-risk business relationships or transactions identified by the Provider's risk assessment, EDD measures will be applied, exceeding standard CDD requirements. These measures include but are not limited to:

11.4.1. Requesting additional identity verification documents if standard documentation is insufficient.

11.4.2. Conducting a detailed interview, potentially via video call, to assess the Counterparty's legitimacy.

11.4.3. Gaining a deeper understanding of the Counterparty's trading approach to ensure alignment with the Provider's risk tolerance and ethical standards.

11.4.4. Implementing ongoing monitoring of trading activities to assess adherence to agreed practices and risk parameters dynamically.

11.5. KYC Procedures by Y3S.app

The Provider will conduct KYC measures for all proposed transactions and business relationships. The general KYC measures include but are not limited to:

11.5.1. KYC verification is initiated: (a) after the Customer has successfully completed all applicable Challenge phases, prior to granting Funded Account status; (b) upon selection of a cryptocurrency payment method at checkout, where required by the Provider's AML risk assessment; (c) upon submission of any payout request, if KYC has not been previously completed.

11.5.2. Offering two verification methods: scanning a QR code or receiving an SMS verification link, with instructions provided based on the chosen method.

11.5.3. Requiring submission of valid photo ID documents, such as: National ID; Passport; Driver's License.

11.5.4. Ensuring that expired documents are not accepted, requiring the most recent and valid documentation for verification.

11.5.5. Directing the Counterparty to the "Agreement Signing" stage after gathering documents, where they must provide their full name, address, and agree to the terms. The verification process will then proceed, typically taking 48–72 hours.

11.5.6. Strict adherence to these procedures is required. The Provider reserves the right to refuse or terminate any business relationship if the KYC, CDD, or EDD criteria are not met satisfactorily.

11.5.7. Failure to pass the KYC verification process will result in the rejection of the Counterparty's Y3S Account application.

11.5.8. Where a Customer has accumulated performance-based rewards on a Funded Account but fails to complete KYC verification prior to payout, the following applies: (a) accumulated rewards are held in suspense for a period of ninety (90) calendar days from the date of KYC failure notification; (b) the Customer may resubmit KYC documentation during the suspense period; (c) if KYC is not successfully completed within the suspense period and following at least three (3) written contact attempts by the Provider, the Provider may forfeit the accumulated rewards only where: (i) there are reasonable grounds to suspect fraud or identity misrepresentation; or (ii) applicable AML/KYC legislation requires forfeiture. In all other cases, the Provider may withhold payouts until KYC is successfully completed, but shall not forfeit rewards solely on the basis of delay; (d) the Provider shall notify the Customer within two (2) business days of any KYC failure affecting payout eligibility.

11.6 Prohibited Jurisdictions and Sanctions Compliance

11.6.1 Y3S strictly prohibits access to its services from individuals or entities that are located in, or are citizens or residents of, jurisdictions subject to international sanctions or other restrictions under applicable laws and regulations.

11.6.2 The following jurisdictions are explicitly prohibited from accessing or using any Y3S services:

Islamic Republic of Iran; Democratic People's Republic of Korea (North Korea); Republic of the Union of Myanmar; Syrian Arab Republic; Cuba; Republic of Belarus; Russian Federation; Crimea, Donetsk, and Luhansk regions of Ukraine; Venezuela; Afghanistan; Central African Republic; Democratic Republic of the Congo; Libya; Mali; Somalia; South Sudan; Sudan; Yemen; Zimbabwe.

11.6.3 This list is subject to updates in accordance with applicable international sanctions, including but not limited to those issued by the United Nations, European Union, United States, or relevant national authorities. Y3S reserves the right to amend this list at any time without prior notice.

11.6.4 Y3S will screen all counterparties and transactions against updated sanctions lists to ensure ongoing compliance with regulatory requirements.

11.6.5 The Customer represents and warrants that they are not listed on any sanctions list maintained by the United Nations, European Union (including the EU Consolidated Financial Sanctions List), United States (including OFAC SDN List), or United Kingdom.

11.6.6 The Customer shall immediately notify the Provider if their sanctions status changes or if they become aware of any potential sanctions issues.

Occasionally, the site or Service may contain typographical errors, inaccuracies, or omissions related to product descriptions, pricing, promotions, offers, shipping charges, transit times, or availability. The Provider reserves the right to correct any such errors or inaccuracies, and to change or update information. The Provider may cancel an order only where: (a) a material pricing or description error has occurred; (b) payment cannot be verified or is rejected; (c) KYC/AML verification fails or cannot be completed; (d) the Customer is located in a prohibited jurisdiction under Article 11.6. In such cases, the Provider shall notify the Customer within two (2) business days of the cancellation decision and provide a full refund of any amounts paid. The Provider is not obligated to update, amend, or clarify information in the Service or on related websites, including pricing information, except as required by law. No specified update or refresh date should be interpreted as indicating that all information in the Service or on related websites has been modified or updated.

If any discrepancies or issues arise in the Service—such as account details, transactions, or service features—the Customer is required to promptly report these matters to the Provider. Prompt reporting helps ensure that the Provider can efficiently address and resolve any concerns, thereby maintaining the Service's accuracy and integrity. Customers can report issues and seek assistance through the live chat feature available on the dashboard or website, or by emailing ask@y3s.app. The Provider reserves the right to take appropriate measures to rectify any discrepancies to ensure the Service functions as intended, in accordance with the established terms.

13.1. The Customer is prohibited from conducting trades that contravene the stipulations outlined in this Article or the FAQ. Any trades that violate these stipulations are strictly forbidden. The Customer must adhere to the rules and guidelines set forth in this Article, as well as those established by the FAQ when utilizing the Services. For the avoidance of doubt, where a FAQ is published on the Website, it forms an integral part of these Terms and is binding on the Customer to the extent that it does not contradict or expand the prohibitions set out in this Article.

13.1.1. The Customer must not intentionally or unintentionally use trading strategies that exploit errors in the Services, such as inaccuracies in displayed prices or delays in their updates, including but not limited to practices commonly known as Latency Trading or High-Frequency Trading.

Definition: "High-Frequency Trading" (HFT) means any automated trading strategy that: (a) executes a high number of trades within very short time intervals (typically milliseconds to seconds); (b) uses algorithms to exploit small price discrepancies; (c) generates more than fifty (50) trades or one thousand (1,000) server messages per day; (d) maintains positions for less than one hundred and twenty (120) seconds on daily average (calculated as the arithmetic mean of all position durations within a single trading day; if the Provider calculates the average over a different period, this will be specified in the Dashboard or FAQ before the relevant period begins).

13.1.2. Executing trades using an external or slow data feed or performing gap trading is prohibited for the Customer.

13.1.3. Engaging, either alone or in cooperation with others, in any trades or combinations of trades across connected accounts or accounts held within the platform, if the purpose is to manipulate trading, commonly referred to as "Group Trading," is forbidden. Examples of such manipulation include but are not limited to entering into opposite positions simultaneously.

Definition: "Group Trading" includes any coordinated trading activity between two or more accounts, whether owned by the same person or different persons, designed to: (a) hedge positions across accounts; (b) share profits or losses; (c) circumvent risk management rules; (d) manipulate challenge outcomes in any other way.

13.2.1. General Principle. The Provider may impose trading restrictions, modify account parameters, or terminate trading accounts only for documented and legitimate reasons specified in this Article. The Provider shall not exercise these rights arbitrarily and shall act reasonably and in good faith.

13.2.2. The Provider may take action under this Article if it determines, based on objective and verifiable evidence, that the Customer's trading strategy, behaviour, or specific trade(s) pose a risk that is deemed excessive or unmanageable under current market conditions, and that such risk could adversely affect the Provider or its customers.

13.2.3. The Provider may take action if trading practices are found to be incompatible with standard market operations or the Provider's published risk management policies, including but not limited to the use of leverage exceeding published limits, over-exposure beyond the parameters set out in Article 18, or strategies that could potentially disrupt platform operations.

13.2.4. The Provider may take action if there are material inconsistencies in trading patterns, such as a deviation exceeding the thresholds specified in Article 13.1.11 from the Customer's historical trading behaviour, or if the Customer's trading behaviour materially deviates from the rules set out in this Article and Article 18.

13.2.5. The Provider may take action if the Customer's trading activities could lead to financial harm or operational disruption to the Provider or any third parties.

13.2.6. The Provider may impose restrictions to ensure compliance with applicable regulatory requirements, operational protocols, or published internal policies designed to maintain a secure trading environment.

13.2.7. Graduated Enforcement. Unless immediate termination is warranted due to fraud, identity misrepresentation, or sanctions violations, the Provider shall apply the following graduated approach:

(a) First violation: Written warning via email and/or Dashboard notification, specifying the violation and required corrective action;

(b) Second violation (within 90 days of the first): Temporary trading restriction (up to 7 days) with written explanation;

(c) Third violation (within 90 days of the second): Account termination with written explanation and reference to the appeal process under Article 13.3.2.

For serious violations (including but not limited to coordinated fraud, identity theft, or systematic exploitation of platform vulnerabilities), the Provider may proceed directly to account termination, provided that written reasons are communicated to the Customer within five (5) business days.

13.3.1. Notification. The Provider shall notify the Customer in writing (by email to the registered email address and/or through the Dashboard) of any trading restriction, modification, or account termination within five (5) business days of such action, providing:

(a) the specific provision of these Terms that has been violated;

(b) a description of the relevant trading activity or pattern;

(c) the evidence relied upon (including relevant trade logs where applicable);

(d) the action taken and its effective date;

(e) information about the Customer's right to appeal under Article 13.3.2.

In cases where immediate action is required to protect the integrity of the platform (including suspected fraud or ongoing system exploitation), the Provider may implement restrictions prior to notification, provided that notification is sent within the five (5) business day period.

13.3.2. Appeal Process. The Customer may submit a written appeal within fourteen (14) calendar days of receiving the notification under Article 13.3.1. The appeal shall be submitted via email to the designated support address published on the Website. The Provider shall:

(a) acknowledge receipt of the appeal within three (3) business days;

(b) review the appeal in good faith, considering all evidence submitted by the Customer (including but not limited to screen recordings, trading journals, and alternative explanations for the flagged activity);

(c) issue a final written decision within thirty (30) calendar days of receipt of the appeal, stating the reasons for the decision;

(d) if the appeal is upheld, restore the Customer's account and/or reverse any penalties within five (5) business days of the decision.

The Provider's decision on appeal shall be final. Nothing in this clause affects the Customer's right to seek remedies under applicable consumer protection law or to initiate alternative dispute resolution proceedings.

13.3.3. Limitation of Liability. The Provider shall not be liable for losses arising from restrictions or terminations imposed in good faith and in accordance with these Terms, except where such actions result from the Provider's gross negligence (hrubá nedbalost) or wilful misconduct (úmysl). Nothing in this clause excludes or limits liability that cannot be excluded or limited under applicable mandatory law, including but not limited to the Czech Civil Code and applicable EU consumer protection legislation.

If any or all of the Prohibited Trading Practices are carried out on one or more Y3S Challenge Accounts of a Customer or on accounts of different Customers, or by combining trading through Y3S Challenge Accounts and any Y3S Accounts, the Provider is entitled to cancel all Services and terminate all relevant contracts in respect of all Y3S Challenge Accounts of the Customer, subject to the notification and appeal procedures set out in Article 13.3. The Provider may take any actions set forth in Article 13.2 in accordance with the principles of proportionality and graduated enforcement (Article 13.2.6). In such a case, the Customer shall not be entitled to a refund of the fees paid, unless the Customer successfully appeals the decision pursuant to Article 13.3.2.

If the Customer repeatedly engages in any of the practices described in Article 13.1, and the Provider has previously notified the Customer thereof in accordance with Article 13.3.1, the Provider may deny the Customer access to all or part of the Services, including access to the Dashboard and the Trading Platform, without any compensation.

The Provider does not guarantee that the Customer's use of the service will be free of errors, timely, secure, or uninterrupted. The Provider also does not guarantee that the outcomes obtained from using the service will be precise or dependable. The Customer understands that the Provider may suspend or discontinue the service in accordance with the notice requirements set out in Article 4. The Customer agrees that using the service, or the inability to use it, is entirely at their own risk. The service and all products and services provided through the Provider's service are offered 'as is' and 'as available,' without any warranties, guarantees, or conditions of any kind, whether express or implied. This includes all implied warranties or conditions of merchantability, quality, fitness for a specific purpose, durability, title, and non-infringement.

Subject to Article 14.2 (which preserves all mandatory consumer rights that cannot be excluded by law) and subject to the liability cap in Article 14.1, the Provider shall not be liable for any indirect, incidental, punitive, special, or consequential damages arising from the Customer's use of the Service, including but not limited to loss of hypothetical profits, data loss, or service interruption, where such loss was not reasonably foreseeable at the time of contracting. Nothing in this Article excludes or limits the Provider's liability for: (a) performance-based rewards to which the Customer is entitled upon objective fulfilment of all conditions under Article 18; (b) refunds to which the Customer is entitled under Article 19; (c) death or personal injury caused by negligence; (d) fraud or fraudulent misrepresentation; (e) any other liability that cannot be excluded under applicable mandatory consumer protection law.

14.1 Maximum Liability Cap: Notwithstanding any other provision of these Terms, the Provider's total aggregate liability to the Customer for all claims arising out of or relating to these Terms or the Services shall not exceed the total fees paid by the Customer to the Provider in the twelve (12) months immediately preceding the event giving rise to the claim, or 500 EUR, whichever is greater. The liability cap set out in this Article shall not apply to: (a) performance-based rewards to which the Customer is entitled upon objective fulfilment of all conditions under Article 18; (b) refunds due under Article 19; (c) liability that cannot be limited under applicable mandatory law.

14.2 Consumer Rights Preservation (EU/EEA Customers): Nothing in these Terms shall limit or exclude any liability that cannot be limited or excluded under applicable law, including liability for: (a) death or personal injury caused by negligence; (b) fraud or fraudulent misrepresentation; (c) any liability that cannot be limited under Directive 93/13/EEC on unfair terms in consumer contracts or applicable Czech consumer protection law.

Since some states or jurisdictions do not allow the exclusion or limitation of liability for consequential or incidental damages, in those areas, the Provider's liability will be limited to the fullest extent allowed by law.

The Customer agrees to indemnify, defend, and hold the Provider harmless, along with its parent company, subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns, and employees, against any claims or demands, including reasonable legal fees, made by any third party due to or arising out of the Customer's breach of these Terms of Service, any referenced documents, or the Customer's violation of any law or the rights of a third party.

15.1 This indemnification obligation shall survive the termination of these Terms and the Customer's use of the Services.

If any part of these Terms of Service is found to be illegal, void, or unenforceable, that provision will be enforceable to the maximum extent allowed by law. The unenforceable portion will be considered removed from these Terms, without impacting the validity and enforceability of the remaining provisions.

16.1 If any provision is found invalid or unenforceable, the parties shall negotiate in good faith to replace such provision with a valid and enforceable provision that achieves, to the extent possible, the original intent and economic effect of the invalid provision.

This Article sets out the rights and obligations of the Provider and the Customer in relation to platform errors, bugs, and service disruptions. It establishes a framework for reporting, investigation, remedy, and the consequences of deliberate exploitation of platform errors.

16A.1 Definitions

For the purposes of this Article:

(a) "Critical Error" means a platform malfunction that directly affects the outcome of a Challenge, including but not limited to: incorrect P/L calculation, incorrect evaluation of Daily Loss or Max Total Loss rules, failure of Stop-Loss or Take-Profit execution, unexplained loss of an open position, or incorrect marking of a Challenge as FAILED.

(b) "Non-Critical Error" means a platform malfunction that does not directly affect the outcome of a Challenge but may impact user experience, including but not limited to: user interface display errors, notification delivery failures, language display issues, dashboard layout errors, or chart loading failures.

(c) "Service Disruption" means a temporary inability to access or use the Platform or any material part thereof, caused by server downtime, infrastructure failure, third-party API unavailability (including market data providers), or network issues on the Provider's side.

(d) "Bug" means any software defect, error, or unintended behaviour in the Platform that deviates from the intended functionality as described in these Terms, the FAQ, and the Challenge Rules.

(e) "Exploit" means the deliberate and knowing use of a Bug to obtain an advantage, circumvent Challenge rules, manipulate trading results, or obtain a payout or other benefit to which the Customer would not otherwise be entitled.

16A.2 Provider's Obligations

16A.2.1 Critical Errors – Remedies. If the Provider confirms that a Critical Error has occurred that materially affected the Customer's Challenge, the Provider shall, in accordance with the Customer's statutory rights and depending on the nature and severity of the error, offer one or more of the following remedies: (a) restart of the affected Challenge phase from the point of the error, with the same parameters; (b) extension of the Challenge time limit by a period equivalent to the duration of the disruption; (c) full or partial refund of the Challenge fee; (d) processing of a payout if the Challenge was completed but the payout was not triggered due to the error.

16A.2.2 Investigation Timeline. The Provider shall investigate any reported Critical Error and provide a response to the Customer within 72 hours of receipt of the report. The investigation shall be based on server-side logs and records maintained by the Provider.

16A.2.3 Non-Critical Errors. Non-Critical Errors do not entitle the Customer to any refund, restart, or compensation. The Provider shall make reasonable efforts to resolve reported Non-Critical Errors in a timely manner but does not guarantee specific resolution times.

16A.2.4 Service Disruptions. In the event of a Service Disruption lasting more than 30 continuous minutes during market hours that affects the Customer's ability to manage open positions or complete a Challenge: (a) the Provider shall notify affected Customers as soon as reasonably practicable; (b) the Provider shall extend the Challenge time limit by a period at least equivalent to the duration of the disruption; (c) if the disruption directly caused a Challenge failure (e.g., inability to close a position before a drawdown breach), the Provider shall offer a restart of the affected phase or a proportionate refund, in accordance with applicable consumer protection laws.

16A.3 Known Technical Limitations

The Customer acknowledges and accepts the following technical characteristics of the Platform:

16A.3.1 SL/TP Execution. Stop-Loss and Take-Profit orders are monitored server-side. While the order is triggered at the exact SL/TP price set by the Customer, the actual simulated execution occurs at the first available market price following the trigger, which may result in positive or negative slippage due to simulated market liquidity and volatility. In rare cases (e.g., market data provider unavailability), there may be a delay in SL/TP detection.

16A.3.2 Market Data. Market data is sourced from third-party providers via WebSocket. The Provider is not responsible for temporary unavailability, delays, or inaccuracies in market data caused by the third-party provider. During data provider outages, position monitoring may be temporarily paused.

16A.3.3 Simulated Execution. All trading is simulated. The Platform simulates realistic market conditions, including variable spreads and potential slippage. Execution conditions may differ from those on live markets.

16A.3.4 WebSocket Connection. The Platform uses WebSocket connections for real-time data delivery. If the connection is lost, the client application will automatically attempt to reconnect. Server-side position monitoring (including SL/TP evaluation and rules checking) continues independently of the client connection.

16A.3.5 Payout Processing. Payouts are processed manually by the Provider after verification of Challenge completion. Payout processing times may vary. The Provider shall process eligible payouts within a reasonable time, typically within 14 business days of verification.

16A.3.6 Client-Side Storage. Dashboard layout, chart settings, and other user interface preferences are stored locally on the Customer's device (browser Local Storage). Clearing browser data or switching devices will result in the loss of these settings. The Provider does not back up client-side stored data.

16A.4 Customer's Obligations

16A.4.1 Duty to Report. The Customer shall report any Bug, error, or Service Disruption to the Provider without undue delay upon becoming aware of it. Reports shall be submitted via: (a) the Bug Report feature in the Client Section / Dashboard; or (b) email to ask@y3s.app. Each report should include, to the extent possible: a description of the issue, the time of occurrence, affected trading pair(s) or position(s), screenshots or screen recordings, and the Customer's Account ID.

16A.4.2 Prohibition of Exploitation. The Customer shall not: (a) deliberately exploit any Bug, error, or unintended behaviour of the Platform to gain an unfair advantage, circumvent Challenge rules, or manipulate trading results; (b) repeatedly trigger a known Bug to profit from its effects; (c) conceal or fail to report a Bug from which the Customer is actively benefiting; (d) share information about a Bug with third parties for the purpose of enabling exploitation. Deliberate exploitation of a Bug constitutes a Prohibited Trading Practice within the meaning of Article 13.

16A.4.3 Consequences of Exploitation. If the Provider determines, based on server-side logs and objective evidence, that the Customer has deliberately exploited a Bug, the Provider may: (a) void any trades executed through exploitation of the Bug; (b) revoke any Challenge results obtained through exploitation; (c) withhold or reclaim any payout derived from exploitation; (d) terminate the Customer's account in accordance with Article 17; (e) deny the Customer access to future Services. In serious cases, deliberate exploitation may give rise to legal action, including but not limited to civil claims for unjust enrichment and reporting the matter to law enforcement authorities for suspected criminal liability under applicable law.

16A.5 Good Faith Reporting Protection

The Customer shall not be penalised for good faith reporting of a Bug. If the Customer discovers a Bug and reports it promptly without deliberately exploiting it, the Provider shall: (a) not impose any penalty, restriction, or account action on the Customer for the report itself; (b) investigate the reported issue and take reasonable steps to resolve it; (c) where the Bug affected the Customer's Challenge, offer an appropriate remedy under Section 16A.2.

16A.6 Evidence and Record-Keeping

16A.6.1 The Provider maintains server-side logs of all trading activity, including trade execution, P/L calculations, rule evaluations, balance updates, and position changes. These logs constitute the primary evidence for the resolution of disputes.

16A.6.2 In the event of a dispute regarding a Bug or platform error, the Provider shall make relevant log excerpts available to the Customer upon reasonable request, subject to the Provider's obligation to protect proprietary information and the personal data of other users.

16A.6.3 The Provider shall retain relevant logs for a minimum period of 30 days from the date of the event. However, in the event of an active dispute, chargeback request, or suspected exploitation of a Bug, the Provider shall retain the relevant logs and records until the matter is fully and finally resolved.

16A.6.4 The Customer is encouraged to maintain their own records (screenshots, screen recordings, trading journal) as supplementary evidence. Client-side evidence may be used to support, but not override, server-side logs.

16A.7 Limitation of Liability

16A.7.1 The Provider's total liability for all claims arising from Bugs, errors, or Service Disruptions under this Article shall not exceed the total fees paid by the Customer for the specific Challenge affected, or the amount specified in Article 14.1, whichever is greater.

16A.7.2 The Provider shall not be liable for losses caused by: (a) the Customer's failure to report a known Bug; (b) the Customer's exploitation of a Bug; (c) third-party service outages beyond the Provider's reasonable control; or (d) the Customer's failure to maintain their own equipment, software, or internet connection in accordance with the Technical Requirements.

16A.7.3 Nothing in this Article limits any liability that cannot be limited under applicable law, including liability for intentional misconduct, gross negligence, or statutory consumer protection rights under Directive 2019/770 and the Czech Civil Code.

Any obligations and liabilities incurred before the termination date will survive the end of this agreement. These Terms of Service remain effective until terminated by either the Customer or the Provider. The Customer may terminate these Terms at any time by notifying the Provider that they no longer wish to use the Services or by discontinuing the use of the site. The Provider may terminate this agreement in accordance with the graduated enforcement and notice procedures set out in Article 13. In cases of serious or fraudulent violations, immediate termination without prior notice remains permissible as provided in Article 13.2.7. Upon termination, the Customer will remain responsible for all payments due up to and including the termination date, and the Provider may deny the Customer access to the Services.

17.1 Effects of Termination: Upon termination: (a) all licenses and rights granted to the Customer shall immediately cease; (b) the Customer must cease all use of the Services; (c) any outstanding fees shall become immediately due and payable; (d) provisions that by their nature should survive termination shall survive, including but not limited to: limitation of liability, indemnification, governing law, and dispute resolution provisions.

18.1. Challenge Offerings and Sizes. The Provider offers trading challenges in various sizes (hereinafter referred to as "Challenge Sizes"). The current fees and specific parameters for each Challenge type, including profit split, drawdown limits, and minimum trading day requirements, are displayed on the Website and at checkout before the Customer confirms any purchase. All prices are exclusive of VAT. For Customers resident in EU Member States, VAT will be charged at the applicable rate in accordance with the One-Stop Shop (OSS) scheme under Directive 2006/112/EC and displayed at checkout before confirmation.

18.1.1. All Challenge Sizes refer to virtual/simulated capital only and do not represent real monetary value or investment capital.

18.2. Risk Management Parameters

18.2.1. Stop Loss Limitations. The applicable drawdown limits for each Challenge type are set out in the challenge specifications displayed on the Website and in the Dashboard. Unless otherwise specified for the relevant Challenge type, the following default parameters apply:

The Customer acknowledges and agrees that their participation in any Challenge shall be terminated upon violation of the following risk parameters:

(a) Maximum Drawdown: A maximum drawdown of eight percent (8%) of the initial account balance (i.e., the balance at the commencement of the Challenge). This is calculated as the difference between the highest account balance achieved during the Challenge and the current equity, and is measured in real time.

(b) Maximum Daily Drawdown: A maximum daily drawdown of four percent (4%) of the Marginal Balance, calculated at the commencement of each trading day (00:00 UTC).

"Marginal Balance" means the higher of: (i) the account balance at the start of the trading day (00:00 UTC), or (ii) the account equity at the start of the trading day (00:00 UTC). The daily drawdown is measured as the decline from the Marginal Balance to the lowest equity point reached during that trading day.

Termination under this clause is automatic and does not require prior notice, as it is triggered by objective, system-monitored parameters. The Customer will receive a notification via email and Dashboard within twenty-four (24) hours of termination, including the specific parameter that was breached and the relevant figures. The Customer may appeal such termination under Article 13.3.2 if the Customer believes the breach was caused by a platform error or incorrect calculation.

18.2.2. Position Size Restrictions. The Customer is prohibited from opening any position where the risk exceeds two percent (2%) of the account balance at the time the position is opened.

"Risk" for the purposes of this clause means the maximum potential loss calculated as: (entry price – stop-loss price) × position size, inclusive of estimated spreads and commissions for the relevant instrument. If no stop-loss is set at the time of order placement, the risk is deemed to equal one percent (1%) of the account balance for the purposes of risk calculation only. This does not authorise trading without a stop-loss — the obligation to set a stop-loss on every position remains in full force pursuant to Article 18.2.3.

Any violation of this restriction shall result in a warning in accordance with the graduated enforcement measures set out in Article 13.2.6. Repeated violations (three or more within a seven (7) day period) shall result in termination of the Challenge.

18.2.3. Use of Stop-Loss Function. The Customer is required to set a stop-loss order on every position at or before the time of order placement. If a position is closed manually without a previously set stop-loss:

(a) First occurrence: The Provider shall issue a written warning via email and/or Dashboard notification.

(b) Second occurrence (within the same Challenge): The Provider shall issue a final warning.

(c) Third occurrence (within the same Challenge): The Challenge shall be terminated.

Exception: A position closed manually within five (5) minutes of opening without a pre-set stop-loss shall not be counted as a violation, provided such early closures do not exceed ten percent (10%) of the Customer's total trades during the Challenge.

18.2.4. Use of Take-Profit Function. The Customer is strongly encouraged to set a take-profit order on every position. While the use of take-profit orders is not mandatory, the Provider reserves the right to review accounts where take-profit orders are consistently absent, as part of the overall assessment of the Customer's risk management discipline.

For the avoidance of doubt, the absence of take-profit orders alone shall not constitute a violation of these Terms and shall not result in account termination.

18.2.5. Account Inactivity: The Customer must maintain active trading on their account. If no trade is placed for a period of thirty (30) consecutive calendar days — whether during the Challenge phase or the Funded stage — the account will be classified as inactive. The Provider will notify the Customer by email at least seven (7) days before any inactive account is terminated. Following such notice, the Provider reserves the right to close the inactive account. Where the Customer has accumulated performance-based rewards meeting all payout conditions under Article 18.6 prior to the inactivity notification, the Customer may submit a withdrawal request within the seven (7) day notice period referred to above. Withdrawal requests submitted after the account closure will not be processed. Challenge fees paid are non-refundable upon inactivity termination in accordance with Article 19.

18.2.6. Challenge Account Status Definitions. For the purposes of these Terms, the following account statuses apply: (a) Passed: all requirements of Article 18.3 have been met; the account proceeds to the next phase or to Funded Account status; (b) Failed: the account has been automatically terminated pursuant to Article 18.2.1, or manually terminated pursuant to Article 13.2.7; no refund is due, subject to Article 19; (c) Reset: the account balance, drawdown baseline, and trading day counters have been restored to their initial values; KYC status and any warnings already issued are unaffected by a Reset; (d) Cancelled: the account has been cancelled at the Customer's request pursuant to Article 19.1, or by the Provider pursuant to Article 12 or 13.4; where the Provider initiates cancellation pursuant to Article 12, a full refund is due.

18.3. Minimum Activity and Profitability Requirements

To successfully complete any Challenge phase (Phase 1 or Phase 2), the Customer must fulfill the following activity and profitability criteria:

18.3.1. Minimum Trading Days. The minimum number of Trading Days required may vary by Challenge type as specified on the Website and Dashboard. Unless otherwise specified for the relevant Challenge type, the default minimum is five (5) Trading Days as set out below. The Customer must trade for a minimum of five (5) separate Trading Days.

(a) A "Trading Day" is defined as a day on which at least one new position is opened.

(b) To count towards this requirement, the position must comply with the Minimum Trade Duration rule set forth in Article 13.1.16. Specifically, any trade opened and closed in less than fifteen (15) minutes shall not count towards the five (5) Trading Days requirement.

18.3.2. Minimum Profitable Days. The Customer must achieve a minimum of five (5) Profitable Days during the course of the Challenge phase. These days do not need to be consecutive; they may be achieved at any time during the phase.

(a) Definition: A "Profitable Day" is a trading day where the net result equals or exceeds 0.5% of the initial account balance.

Example: For a 2,500 EUR Challenge, the minimum daily profit to qualify as a Profitable Day is 12.50 EUR (0.5% × 2,500 EUR).

(b) Calculation: The profit for a specific day is calculated using the following formula:

Daily Profit = Min(Midnight Balance, Midnight Equity) – Previous Day Balance

where "Midnight Balance" and "Midnight Equity" refer to the respective values at 00:00 UTC.

(c) If the result of this calculation equals or exceeds 0.5% of the initial account balance, the day is recorded as a Profitable Day.

18.3.3. Profit Targets. To successfully complete each phase, the Customer must achieve the following minimum profit targets, calculated as a percentage of the initial account balance:

(a) Phase 1: eight percent (8%) of the initial account balance;

(b) Phase 2: ten percent (10%) of the initial account balance.

The profit target is calculated as the difference between the current account balance and the initial account balance at the commencement of the relevant phase. The Customer must achieve the profit target while remaining within all applicable drawdown limits set out in Article 18.2.1 at all times.

18.3.4. Funded Account Profit Target. In Phase 3 (funded trading stage), the Customer is not subject to a minimum profit target.The Customer must however maintain compliance with the Y3S Funded Score rule set out in Article 18.5.3, pursuant to which no single trading day's profit may equal or exceed forty percent (40%) of the Customer's total profits during the funded period.

18.4.1. The Provider may require the Customer to undergo a verification process before granting Funded Account status. Verification may be triggered only where the Provider has reasonable grounds to believe that the Challenge completion involved:

(a) Toxic Order Flow as defined in Article 13.1.15;

(b) potential use of third-party trading or account management services (Articles 13.1.9, 13.1.10);

(c) trading patterns that are materially inconsistent with the Customer's performance during the Challenge (e.g., a sudden and unexplained change in strategy, position sizing, or risk profile);

(d) other specific, documented concerns about the integrity of the Challenge results.

18.4.2. Verification shall consist of the Customer completing one (1) additional Challenge under the same parameters and rules. If the Customer fails the verification Challenge, the Provider may require one (1) further attempt, for a maximum of two (2) verification attempts in total.

18.4.3. The Customer shall not be charged any additional fee for verification Challenges.

18.4.4. The Provider shall communicate the reasons for requiring verification in writing before the verification Challenge begins. The Customer may appeal the verification requirement under Article 13.3.2.

18.4A. Interview Requirements (where applicable).

18.4A.1. Where the Provider requires the Customer to complete an interview as a condition for accessing a Funded Account (pursuant to Article 5.3.1), the Provider shall: (a) notify the Customer in writing at least five (5) business days in advance; (b) provide written information setting out the criteria and subject matter before the interview; (c) conduct the interview by video call or other documented means.

18.4A.2. The outcome shall be communicated in writing within five (5) business days, with specific reasons in the case of a negative outcome.

18.4A.3. If the Customer does not pass the interview: (a) the Customer may request one (1) repeat interview within thirty (30) calendar days; (b) the repeat interview shall be assessed against the same criteria; (c) if the Customer does not pass the repeat interview, the Provider shall offer a Phase Reset Voucher of equivalent value to the original Challenge fee paid, as the sole remedy.

18.4A.4. The Customer may appeal the outcome under Article 13.3.2 if the assessment was conducted in breach of the criteria disclosed under Article 18.4A.1(b).

The following position size rules apply exclusively to Phase 3 after the Customer has successfully completed Phase 1, Phase 2, Verification, Interview, and executed the Funded Account Agreement pursuant to Article 5.2.5.

18.5.1. Maximum Position Size. For One-Step and Two-Step challenges, the maximum position size per individual trade is two times (2x) the purchased account size (e.g., a 2,500 EUR account permits up to 5,000 EUR per trade). For Instant Funding challenges, the maximum position size per individual trade is one time (1x) the purchased account size. Position size is calculated as the total notional value of a single trade, including leverage.

Violation of this rule will result in a warning notification via email and Dashboard. If the position(s) is/are not adjusted to comply within five (5) minutes, the account will be marked as breached. This soft breach grace period is granted once per Challenge; any subsequent violation will result in immediate Challenge failure.

The Provider shall ensure that the warning notification is delivered through at least two channels (email and Dashboard/platform notification) to maximise the likelihood of timely receipt.

18.5.2. Cumulative Exposure Limit. The cumulative exposure limit refers to the total notional value of all open positions combined on the Customer's account, calculated as the sum of the notional value (position size multiplied by current market price) of each open position, without netting of hedged or opposing positions. (a) Challenge accounts (including Evaluation, Verification, and Funded Trader phases), the maximum cumulative open position value at any time is three times (3×) the account balance. Violation of this rule will result in a warning notification via email and Dashboard. If the position(s) is/are not adjusted to comply within five (5) minutes, the account will be marked as breached. This soft breach grace period is granted once per Challenge; any subsequent violation will result in immediate Challenge failure. The Provider's platform records and calculations of notional exposure and account balance are determinative for the purposes of this rule, absent manifest error. In the event of a dispute regarding the calculation, the Customer may request a review under Article 13.3.2, and the Provider shall provide the relevant trade logs and calculation methodology within five (5) business days of the request. The notification requirements of Article 18.5.1 apply equally to this clause.

18.5.3. Y3S Funded Score. The Y3S Funded Score is a rule applied exclusively in the funded stage. No single trading day's profit may equal or exceed forty percent (40%) of the Customer's total profits during the funded period. If any trading day produces a profit equal to or greater than forty percent (40%) of overall profits, the funded account remains active; however, the Customer must continue trading until that single day's profit represents less than forty percent (40%) of total profits before withdrawals may be processed.

For the purposes of this rule: (i) "Trading day" means 00:00–23:59 UTC; (ii) "profit" means realized net profit (after spreads, commissions, swaps) from closed positions only; (iii) "total profits" means the sum of all realized net daily results during the funded period (i.e., the total net profit of the account including only winning days); (iv) "funded period" means the period from the most recent post-payout reset, or from Phase 3 activation if no payout has yet been made, until the time a withdrawal request is submitted; and (v) if a withdrawal request is pending, the calculation is made as of the time of the request.

The Provider's platform records are determinative for the purposes of this rule, absent manifest error. The Provider shall make available a real-time indicator of the Customer's current Y3S Funded Score within the Dashboard to ensure full transparency of withdrawal eligibility at all times.

This rule does not result in account breach or termination; it only affects withdrawal eligibility until profit distribution is balanced.

18.6.1. Applicability. The provisions of this Article apply exclusively to Phase 3 — the active funded trading stage entered upon successful completion of Phase 2, Datacheck control, Interview, and execution of the Funded Account Agreement pursuant to Article 5.2.5. No performance-based rewards are payable during Phase 1 or Phase 2.

18.6.2. Payout frequency. The Customer is eligible to request their first payout no earlier than fourteen (14) calendar days from the date the first trade was placed in Phase 3. Subsequent payouts may be requested on a bi-weekly basis (every fourteen (14) calendar days), provided all conditions set out in Article 18.6.3 are met.

18.6.3. Payout request conditions. To submit a valid payout request, ALL of the following conditions must be met at the time of the request: (a) no breach of Daily Loss Limit (4%) or Maximum Drawdown (8%) as set out in Article 18.2.1; (b) no open violations of trading rules, including news trading (Article 13.1.13), excessive lot sizing, or hedging; (c) all trading positions closed — no open trades or pending orders at the time of the request; (d) total closed net profit exceeds 0.5% of the account balance, sufficient to cover applicable platform fees; (e) a minimum of two (2) Profitable Days achieved, each with a net result of at least +0.5% of the account balance as defined in Article 18.3.2; (f) the Consistency Rule is satisfied — no single trading day's profit equals or exceeds 40% of total profits as set out in Article 18.5.3; (g) KYC verification completed in accordance with Article 11; (h) the account has not been inactive for thirty (30) or more consecutive calendar days as set out in Article 18.2.5.

18.6.4. Minimum withdrawal thresholds. The minimum payout amount that can be requested is: (a) €50 (or equivalent) for cryptocurrency withdrawals; (b) €20 (or equivalent) for standard bank transfers. If the Customer's profit share does not meet the applicable minimum threshold, the profit remains on the account and may be withdrawn in the next payout cycle once the threshold is reached.

18.6.5. Payout methods and fees. Payouts may be made via bank transfer or cryptocurrency (USDC). Cryptocurrency transaction fees of 1–3% are borne by the Customer.

18.6.6. Profit deduction for violations. Any profit generated during a violation window — including but not limited to the news trading restricted window under Article 13.1.13 — shall be deducted from the account balance prior to processing any payout request.

18.6.7. Post-payout reset. Following each approved payout, the Customer's funded account balance is reset to the initial funded account balance and all drawdown limits are recalculated from the reset balance. The Customer may continue trading in Phase 3 immediately following the reset.

18.6.8. Payout processing times. The Provider shall process approved payout requests within the following indicative timeframes: (a) 0–5 business days for internal approval; (b) an additional 0–14 calendar days for bank transfer; (c) an additional 0–5 calendar days for cryptocurrency transfer. Processing times may vary due to third-party payment processor delays beyond the Provider's control.

18.6.9. Rejected payout requests. If a payout request is rejected, the Provider will notify the Customer by email stating the reason for rejection within five (5) business days of the request. The Customer may resubmit a corrected request in the following payout cycle.

19.1 Termination by Customer. If a Customer wishes to end their Challenge, Agreement or terminate Client Section and/or Trading Platform, they must submit a request to ask@y3s.app. This request signifies an intention to terminate the contractual relationship, resulting in the loss of access to all Services, including the Client Section and Trading Platform. The Provider will confirm receipt of the termination request via email, officially concluding the contract. In this situation, the Customer relinquishes any entitlement to refunds for any fees or costs previously paid, subject to the Customer's statutory withdrawal rights under Article 19.3.1 and the refund conditions in Article 19.6.

19.2 Serious Violations. If the Customer is involved in prohibited activities of a serious nature, the Provider reserves the right to immediately restrict access to all Services and terminate the Customer's account without compensation. This action may be taken without prior notice, and no refunds will be provided for any fees already paid.

19.3 Service Activation. After paying for the Y3S Challenge program, the Customer will receive login details. By activating the voucher, the Customer acknowledges that the digital content service has commenced.

19.3.1 EU Consumer Withdrawal Rights. For Customers who qualify as consumers under EU law and are resident in the EU/EEA, you have the right to withdraw from this contract within fourteen (14) days without giving any reason (the "withdrawal period"). The withdrawal period expires fourteen (14) days from the day of the conclusion of the contract. To exercise the right of withdrawal, you must inform us (UOwn Corporation s.r.o., Vojtěšská 211/6, Nové Město (Praha 1), 110 00 Praha, Czech Republic, ask@y3s.app) of your decision to withdraw by an unequivocal statement (e.g., a letter sent by post or email).

However, by actively checking the confirmation checkbox at the point of voucher activation, you expressly request immediate commencement of the digital content service and acknowledge that you thereby lose your right of withdrawal from that moment, in accordance with Article 16(m) of Directive 2011/83/EU and, for Czech-resident customers, § 1837(l) of Act No. 89/2012 Coll. (Czech Civil Code). This consent is recorded with a timestamp and your account identifier and constitutes evidence of your waiver for the purposes of any dispute or chargeback proceeding.

19.4 Non-Activation. If the Customer fails to activate the Y3S Challenge within 30 calendar days from the purchase, access will be suspended. The purchase day is considered to be the day the Customer's payment for the Challenge is successfully processed and received by the Provider. The Customer may request access renewal via email at ask@y3s.app, subject to applicable terms.

19.5 Disputes and Chargebacks. In cases where the Customer initiates an unjustified fee dispute or chargeback, the Provider reserves the right to discontinue services and deny future services at its discretion.

19.6 Refund Requests. Any refund request must be made within fourteen (14) days of the purchase, provided the voucher has not been activated. Once the voucher is activated and the Customer has confirmed commencement of the digital content service in accordance with Article 19.3.1, all fees become non-refundable. This applies regardless of the level of trading activity conducted after activation.

The Provider's decision not to enforce any right or provision of these Terms of Service will not be regarded as a waiver of that right or provision. Waivers will only be valid if they are written and signed by the Provider. These Terms of Service, along with any policies or operational rules published by the Provider on this site or related to the Service, represent the complete and exclusive agreement between the Customer and the Provider. This agreement governs the Customer's use of the Service and supersedes all prior or concurrent agreements, communications, and proposals, whether oral or written, between the Customer and the Provider (including any previous versions of the Terms). If any ambiguity or question arises regarding intent or interpretation, it will be resolved neutrally and not automatically against the party drafting the terms. This does not affect any statutory rights the Customer may have under applicable consumer protection laws that cannot be waived by contract.

20A.1 Scope and Applicability

20A.1.1 This Article governs the use of NFT-based utility programme operated by Seif Finance and made available to Customers exclusively through the Seif Finance domain (burn.seif.finance or such other domain as designated by Seif Finance from time to time). The provisions of this Article apply exclusively to Customers who elect to participate in the NFT burn programme and do not affect the rights or obligations of Customers who do not use NFT-based features.

20A.1.2 The NFT collections eligible for use within this programme ('Club NFTs') were issued by a third-party entity located outside the European Union ('Issuer'). The Provider — UOwn Corporation s.r.o. — was not involved in the creation, issuance, or original sale of any Club NFT. The burn mechanism is operated exclusively by Seif Finance through the Seif Finance domain. The Provider's role is limited to receiving confirmed burn events and crediting the associated benefits to the Customer's y3s.app account. Nothing in this Article constitutes or implies any representation by the Provider regarding the value, legality, or suitability of any NFT as an investment or otherwise.

20A.1.3 Participation in the NFT burn programme is voluntary. The Customer is not required to burn any NFT in order to access standard Challenge services.

20A.2 Technical Mechanism

20A.2.1 The burn process operates as follows: (a) the Customer initiates a burn transaction on the applicable smart contract via the Seif Finance domain; (b) the Seif Finance system monitors the blockchain and detects the confirmed burn event, and notifies the Provider upon confirmation; (c) upon confirmation, the corresponding voucher or benefit is credited to the Customer's y3s.app account.

20A.2.2 The burn transaction is executed directly by the Customer on the blockchain. The Provider does not take custody of, hold, transfer, or execute any transaction in respect of the Customer's NFTs. The Provider's role is limited to receiving confirmed burn event notifications from Seif Finance and crediting the associated off-chain benefits to the Customer's y3s.app account.

20A.2.3 The burn transaction is irreversible. Once a burn transaction is confirmed on the blockchain, the NFT is permanently destroyed. The Provider has no technical ability to reverse, undo, or compensate for a burn transaction, regardless of the circumstances.

20A.3 Definitions

For the purposes of this Article, the following definitions apply:

"Voucher" — A non-transferable or transferable (as applicable) digital entitlement credited to a Customer's y3s.app account upon completion of a burn transaction, entitling the Customer to the specific benefit described in 20A.4.

"Phase Reset Voucher" — A Voucher that entitles the Customer to commence a brand-new evaluation account from the beginning (Phase 1, zero balance, standard parameters). A Phase Reset Voucher does NOT constitute a return of any fee, a refund of any amount, or a right to reinstate a previously failed or terminated account. The Customer begins the evaluation process anew with a fresh account.

"Drawdown Booster Voucher" — A Voucher that increases the drawdown limit on a single designated evaluation account by the percentage specified in the Voucher (e.g., +1% daily drawdown). Subject to the stacking prohibition in Article 5A.2.

"Academy Voucher" — A Voucher providing access to educational content (courses, materials) on the y3s.app platform for the duration of the platform's active operation. Academy Vouchers are non-stackable — a Customer holding an active Academy Voucher may not obtain an additional Academy Voucher that provides incremental benefit.

"AI Bot Voucher" — A Voucher providing a licence to use the AI trading analysis tools made available by the Provider for the duration of the platform's active operation. AI Bot Vouchers are non-stackable — see 20A.6.

"Lifetime Access" — Where a Voucher is described as providing "lifetime access", this means access for the duration of the active operation of the relevant service or platform feature by the Provider. "Lifetime" does not mean perpetual or unconditional access. See 20A.7 for termination provisions.

20A.4 Voucher Benefits by NFT Collection

The following benefits are available upon burn of the respective NFT collection. The Provider reserves the right to amend the benefit schedule upon 30 days' written notice to affected Customers. Any such amendments shall apply only prospectively to future burn transactions and shall not reduce or negatively alter the benefits already credited to a Customer for a previously confirmed burn:

20A.5 General Voucher Rules

20A.5.1 Non-refundable: All Vouchers are non-refundable. Once a burn transaction is confirmed on the blockchain, no refund, credit, or compensation will be provided, regardless of whether the Voucher is subsequently used, transferred, or expires unused.

20A.5.2 Expiry: Vouchers expire six (6) months from the date of issuance (i.e., the date the burn transaction is confirmed). Expired Vouchers cannot be reinstated, extended, or exchanged. The Customer is solely responsible for monitoring voucher expiry dates.

20A.5.3 Transferability: Vouchers are transferable between registered y3s.app accounts, subject to the GDPR provisions in 20A.9. Academy Vouchers and AI Bot Vouchers are non-stackable and may not be transferred to an account that already holds an active Voucher of the same type.

20A.5.4 No cash value: Vouchers have no monetary value, cannot be redeemed for cash, and do not constitute a financial instrument, security, or investment product.

20A.5.5 Tax: The burn of an NFT in exchange for a Voucher may constitute a taxable event in the Customer's jurisdiction of tax residence (e.g., as a barter transaction giving rise to income under applicable tax law). The Customer is solely responsible for determining and fulfilling any applicable tax obligations. The Provider does not provide tax advice. The Customer is strongly encouraged to consult a qualified tax adviser before completing any burn transaction.

20A.6 Non-Stackable Benefits — Duplicate Burn Warning

20A.6 Non-Stackability of Certain Vouchers

20A.6.1 Academy Vouchers and AI Bot Vouchers are non-stackable. If the Customer already holds an active Voucher of the same type, burning an additional NFT of the same collection will not provide any incremental benefit.

20A.6.2 The Platform will display a warning message before any burn transaction is confirmed if the Customer already holds an active Voucher of the same type. The warning will read substantially as follows: "You already have an active [Academy / AI Bot] Voucher. Burning an additional NFT of this type will not increase or extend your existing benefit. This Voucher is non-stackable. Do you wish to proceed?"

20A.6.3 The Provider shall not be liable for any loss or wasted burn transaction where the Customer proceeds after receiving the warning described in 20A.6.2.

20A.7 "Lifetime Access" — Duration and Termination

20A.7.1 "Lifetime access", as used in connection with Academy Vouchers and AI Bot Vouchers, means access to the relevant service for as long as the Provider actively operates that service. It does not mean perpetual, unconditional, or irrevocable access.

20A.7.2 The Provider reserves the right to discontinue any service or platform feature at any time, provided that: (a) Customers holding an active Academy or AI Bot Voucher are given at least ninety (90) days' written notice of the discontinuation, delivered by email to the registered address; (b) upon discontinuation, the Provider will issue a proportional credit to affected Customers in the form of y3s platform credit, calculated on a pro-rata basis assuming a standard reference period of twelve (12) months from the date of voucher issuance. The credit value is calculated as: (remaining months / 12) × the face value of the benefit as published in the benefit schedule at the time of voucher issuance.

20A.7.3 The Provider's obligation under 20A.7.2 does not apply where the discontinuation is required by law, regulatory order, or force majeure event (as defined in Section 23A).

20A.8 Consumer Rights — Burn Transaction

20A.8.1 Before completing any burn transaction, the Customer will be required to actively confirm via the burn interface on the Seif Finance domain that: (a) they acknowledge that the burn transaction is irreversible and that the NFT will be permanently destroyed upon confirmation; (b) they acknowledge that the Voucher(s) they will receive expire six (6) months from the date of issuance and are non-refundable; and (c) they expressly consent to the immediate commencement of the digital content service and acknowledge that they thereby lose their statutory right of withdrawal under applicable consumer protection law.

Tax notice (mandatory display): The burn interface will also display a warning that the burn of an NFT in exchange for a Voucher may constitute taxable income under applicable tax law (e.g., § 10 ZDP CZ for Czech tax residents), and recommend consulting a qualified tax adviser before proceeding

20A.8.2 By completing the confirmations in 20A.8.1, the Customer waives their right of withdrawal pursuant to the applicable consumer protection law of their jurisdiction (including § 1837(l) of Act No. 89/2012 Coll. (Czech Civil Code) for Czech-resident customers, and equivalent provisions of other EU Member States' consumer protection laws). This waiver applies exclusively to the digital content services delivered as a result of the specific burn transaction and does not affect any other rights the Customer may have.

20A.8.3 The confirmations in 20A.8.1 are recorded by the Provider with a timestamp and the Customer's account identifier. This record constitutes evidence of the Customer's consent for the purposes of applicable consumer and data protection law.

20A.9 Voucher Transfer — GDPR Compliance

20A.9.1 Where the Customer elects to transfer a Voucher to another person ('Recipient'), the Customer must provide the Recipient's email address via the transfer interface on the y3s.app platform.

20A.9.2 Before completing the transfer, the Customer will be required to actively confirm via the transfer interface on the platform that: (a) they have obtained the explicit consent of the Recipient to provide their email address to the Provider for the purpose of delivering the Voucher; (b) they have informed the Recipient that they will be contacted by the Provider on a one-time basis for the purpose of voucher delivery; and (c) they have read and understood the Provider's Privacy Policy regarding the processing of personal data of third parties.

20A.9.3 The Provider will use the Recipient's email address solely for the purpose of delivering the Voucher. The Recipient's email address will not be used for marketing communications or shared with third parties, except as required by law.

20A.9.4 The Customer warrants that they have a lawful basis for providing the Recipient's personal data to the Provider, in accordance with Article 6(1)(a) of Regulation (EU) 2016/679 (GDPR). The Customer indemnifies the Provider against any claim, loss, or liability arising from the Customer's failure to obtain the Recipient's consent.

20A.10 Hold Benefits

20A.10.1 Certain NFT collections provide benefits based on holding the token in a connected wallet ('Hold Benefits'), without requiring the token to be burned. Where such benefits are available, they are described in the relevant collection documentation published by the Provider on the Website.

20A.10.2 Hold Benefits are strictly conditional upon the Customer maintaining continuous, verifiable ownership of the relevant NFT in the wallet address connected to the Customer's y3s.app account. The Provider verifies ownership by means of read-only, non-custodial monitoring of the relevant blockchain address. The Provider does not take custody of, and has no ability to transfer or interact with, any NFT held in the Customer's wallet.

20A.10.3 Automatic cessation: If the NFT is transferred to another wallet, sold, or burned, all associated Hold Benefits shall cease immediately and automatically without any obligation on the Provider to provide prior notice. It is the Customer's sole responsibility to ensure that the connected wallet retains the relevant NFT for the duration of any Hold Benefit period.

20A.10.4 Hold Benefits are temporary in nature and do not give rise to any permanent entitlement. The Provider reserves the right to modify or discontinue any Hold Benefit programme upon thirty (30) days' written notice to affected Customers.

20A.10.5 Hold Benefits have no cash value, are non-transferable, and do not constitute a financial instrument, security, or investment product.

20B.1 The Provider may operate a referral or affiliate programme under which registered Customers ('Referrers') may receive a commission upon the successful referral of new customers ('Referred Customers'). Participation in any referral or affiliate programme is subject to the additional terms set out in this Article and any applicable Affiliate Agreement published on the Website.

20B.2 Conditions for commission eligibility. A commission entitlement arises only where all of the following conditions are cumulatively satisfied: (a) the Referred Customer purchases a Challenge or service using a CASH payment method (not via NFT burn or barter); (b) the Referred Customer activates the relevant Voucher or service within the validity period specified at the time of purchase; (c) the Referrer is registered as a participant in the referral programme at the time the Referred Customer activates the Voucher; and (d) the payment made by the Referred Customer is fully cleared and not subject to any chargeback, refund, or fraud investigation at the time the commission is due. If a chargeback or refund occurs after a commission has been paid, the Provider reserves the right to deduct the corresponding commission amount from the Referrer's future payouts or to request reimbursement directly.

20B.3 No commission before activation. The commission entitlement arises exclusively at the moment of activation (use) of the Voucher by the Referred Customer — not at the moment of purchase. Purchase of a Voucher without subsequent activation does not give rise to any commission entitlement.

20B.4 Expiry of unactivated Vouchers. If a Voucher purchased by a Referred Customer expires without activation, any associated commission entitlement is permanently extinguished. No commission will be paid in respect of an expired, unused Voucher.

20B.5 The Provider reserves the right to modify, suspend, or terminate the referral or affiliate programme at any time upon thirty (30) days' written notice to registered Referrers. Commissions earned and validated prior to the termination date will be honoured.

21.1 These Terms of Service shall be governed by and construed in accordance with the laws of the Czech Republic, without regard to its conflict of law provisions.

21.2 For Customers who are consumers within the meaning of EU consumer protection law and are habitually resident in an EU/EEA Member State, mandatory consumer protection provisions of their country of residence shall apply to the extent they provide greater protection than Czech law.

21.3 Nothing in these Terms shall deprive consumers of the protection afforded by mandatory provisions of the law of their country of habitual residence, in accordance with Article 6 of Regulation (EC) No 593/2008 (Rome I Regulation).

The Customer should be fully informed of and comply with all local laws and regulations concerning their participation in the Y3S Challenge. The Customer acknowledges that they engage in the Service at their own risk and assumes all responsibility for their participation. By using the Service, the Customer affirms they are at least 18 years old and acknowledges that the Provider is not liable for any actions taken by the Customer that may breach local laws. Any such violations are solely the responsibility of the Customer.

22.1 Tax Obligations: The Customer is solely responsible for determining what, if any, taxes apply to any performance-based rewards received and for withholding, collecting, reporting, and remitting the correct taxes to the appropriate tax authorities. The Provider is not responsible for determining whether taxes apply to the Customer's rewards or for collecting, reporting, or remitting any taxes arising from any rewards.

23.1 The Provider reserves the right to modify these Terms at any time. Material changes will be notified to Customers at least 14 days before they take effect, except where: (a) the change is required by law or regulation; (b) the change is required to address a security issue; (c) the change is beneficial to the Customer. Notwithstanding the foregoing, any modification, suspension, or discontinuation of cryptocurrency payout methods shall require a minimum notice period of thirty (30) calendar days, communicated to the Customer via notice in the Dashboard and/or Customer Section.

23.2 Customers will be deemed to have accepted modifications if they continue to use the Services after the effective date of the changes. If a Customer does not agree with the modified Terms, they must cease using the Services before the effective date of the changes and may terminate the agreement without penalty.

23.3. The notification of these Terms changes shall be communicated via e-mail, or by updating the already published Terms on the Website of the Provider.

23A.1 Neither party shall be liable for any failure or delay in performing their obligations under these Terms if such failure or delay results from circumstances beyond the reasonable control of that party, including but not limited to: acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemic, epidemics, strikes, or shortages of transportation, facilities, fuel, energy, labor, or materials.

23A.2 The affected party shall promptly notify the other party of the force majeure event and use reasonable efforts to mitigate its effects. If a force majeure event continues for more than 60 days, either party may terminate these Terms upon written notice.

23B.1 Informal Resolution: Before initiating any formal dispute resolution proceedings, the parties agree to attempt to resolve any dispute informally by contacting the Provider at ask@y3s.app. The parties shall have 30 days from the date of the dispute notice to attempt informal resolution.

23B.2 Jurisdiction: Subject to Section 23B.3, any dispute arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts of the Czech Republic, specifically the courts having jurisdiction over the Provider's registered office.

23B.3 EU Consumer ADR/ODR: For Customers who are consumers resident in the EU/EEA:

(a) You may have access to alternative dispute resolution (ADR) procedures. The Czech Trade Inspection Authority (Česká obchodní inspekce - ČOI) is the competent ADR entity for consumer disputes. Website: www.coi.cz

(b) Nothing in these Terms shall limit your right to bring proceedings in the courts of your country of domicile if applicable consumer protection laws so provide.

Provider: UOwn Corporation s.r.o.

Registered Office: Vojtěšská 211/6, Nové Město, 110 00, Prague 1, Czech Republic

Identification Number (IČO): 21975469

VAT Number: CZ21975469

Commercial Register: Maintained by the Municipal Court in Prague, Section C, Insert 409265

Email: ask@y3s.app