Rewards definition
Examples of Rewards in a sentence
Except as set forth herein or an Approved Validator Schedule and to the extent Coinbase meets its obligations in Section 6.a, Coinbase will not provide any compensation for any Slashing penalties or missed Rewards, or other losses that arise out of or in connection with Client’s Staking.
Client is solely responsible for the payment of all applicable taxes, if any, to which the Client’s share of the Rewards might be subject.
Coinbase or an Approved Validator may be required to create additional wallets to facilitate a network or protocol upgrade or enable receipt of certain Rewards.
Client agrees to indemnify and hold the Coinbase Parties harmless against any and all liabilities, costs and expenses (including reasonable legal and accounting fees) (collectively, the “Losses”) in connection with any such taxes, including penalties, duties, and interest levied by any tax authority on such Rewards; it being understood that the Coinbase Parties are not entitled to indemnification from Client for any taxes that the Coinbase Parties incur with respect to the Staking Fee.
Client is solely responsible for understanding such requirements, and Coinbase will not be responsible for any loss of Staked Digital Assets or Rewards in connection with such requirements or changes thereto.