Status Network - Pre-Deposit Withdrawal Disclaimer

Last update: May 20, 2026

In this Disclaimer, whenever we are referring to “we”, “our”, “us” (or variations thereof) or Status, we are referring to Status Research & Development GmbH, a Swiss Company, with its registered office at Baarerstrasse 10, Zug, Switzerland

This disclaimer applies to pre-depositors who participated in the Status Network pre-deposit phase and who may withdraw their assets or receive any accrued yield or liquid rewards.

As part of the anticipated mainnet launch of Status Network, people were able to deposit assets, including SNT (Ethereum L1), Linea (Linea L2), ETH and certain US stablecoins (Ethereum L1) into non-custodial smart contract vaults, being SNT vault, Linea vault, WETH vault and GUSD vault, as part of a pre-deposit phase. Certain assets, namely in the WETH and GUSD vaults accrued yield and in addition, pre-depositors were also potentially entitled to certain liquid rewards in the form of SNT and/or Linea Tokens.

Assets deposited by pre-depositors were locked in the vaults pending bridging to Status Network upon its mainnet launch. However, with the now intended integration of Status Network codebase into the Linea infrastructure, the vaults and corresponding assets will now be bridged to Linea Mainnet.

Upon bridging to Linea Mainnet and the vaults being open, pre-depositors will be able to withdraw their assets, along with being distributed, as applicable, accrued yield and liquid rewards as earlier indicated.

When you initiate the withdrawal of the assets or when you receive any allocated yield or liquid rewards, you represent and warrant to Status as follows:

  1. 1
    the wallet address provided is in your lawful control and that you have the full power and authority to use it;
  2. 2
    the wallet address and any other information you provide is true, complete, and accurate;
  3. 3
    any withdrawn assets or received accrued yield or liquid rewards will not be used to conduct or facilitate any illicit activities, including money laundering, sanctions evasion or any other unlawful activity;
  4. 4
    you are not a sanctioned person or entity, and that you are not acting on behalf of or at the direction of any sanctioned person or entity as designated by the sanctions regimes of Switzerland, the European Union, or the United States (including OFAC); and
  5. 5
    you understand that once you have withdrawn your assets or received your accrued yield or liquid rewards, such withdrawal or receipt may be irreversible.

You are solely responsible for the following:

  1. 1
    providing us a wallet address that is accurate and valid in connection with any withdrawal of your assets or in order to receive any accrued yield or liquid rewards; and
  2. 2
    complying with any instructions and procedures communicated by us concerning the withdrawal of the assets or the receipt of any accrued yield or liquid rewards.

When you initiate a withdrawal of your assets or receive any allocated yield or liquid rewards, you acknowledge that you will not be entitled to receive any further amounts beyond what you have withdrawn or received.

You are solely responsible for determining and complying with any applicable tax obligations arising in connection with the withdrawal of your assets or the receipt of any allocated yield or liquid rewards.

We reserve the right to amend this disclaimer at any time by posting the updated version on our website, upon which it takes effect.

Further to the Status Network - Website Privacy Policy and in connection with your withdrawal of your assets or receipt of any accrued yield or liquid rewards, we would like to inform you of the following:

As part of facilitating the withdrawal process and your receipt of any accrued yield or liquid rewards, Status may further collect and process the following personal data:

  • Your Linea Mainnet wallet address;
  • Information related to your allocation of any potential accrued yield or liquid rewards, such as your TVL, your weighted time in the vaults and the extent of your participation in the Status Network testnets.

Status processes this information on the basis of its legitimate interests in facilitating the withdrawal of your assets, including ensuring the accurate distribution of any accrued yield or liquid rewards. Once you have withdrawn your assets or received your accrued yield or liquid rewards, any personal data we have collected and processed for the aforementioned purposes will be deleted, subject to any applicable legal, regulatory or compliance retention obligations. We note, however, that on‑chain data cannot be removed or altered, and that such information as your Linea Mainnet wallet address and the receipt of any assets will continue to exist on the relevant blockchain.