Compliance Statement

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Salvium is committed to developing a privacy-centric blockchain that aligns with evolving regulatory standards. This page outlines our approach to compliance and important considerations for users and stakeholders. Regulatory Stance
  • No Public Offering: Salvium (SAL) is not conducting a public offering or Initial Coin Offering (ICO). The initial distribution of SAL tokens occurs primarily through mining.
  • Pre-mine Allocation: A small portion of the total supply has been pre-mined to support development and operations.
  • Current Regulatory Status: As Salvium is not making a public offering, it currently does not fall under the scope of EU regulations requiring a crypto-asset white paper for public offerings.
  • Commitment to Best Practices: While not currently subject to specific regulations, Salvium is committed to maintaining transparency and adhering to best practices in the cryptocurrency space.
Rights, Obligations, and Governance
  • Token Rights:
    • SAL miners participate in network consensus through mining.
    • Token holders can engage in staking for rewards.
    • SAL can be used for transactions within the Salvium ecosystem.
  • User Obligations:
    • Token holders are obligated to comply with applicable laws and regulations in their jurisdictions.
  • Governance Structure:
    • Holding SAL tokens does not confer voting rights or direct governance control over the Salvium project.
    • The project’s development and decision-making processes are open and collaborative, welcoming contributions from the entire Salvium community.
    • While a core group of developers may guide certain aspects, the project strives for decentralization in both technology and governance.
Compliance-Related Risks Users and stakeholders should be aware of the following compliance-related risks:
  • Regulatory Evolution:
    • The cryptocurrency regulatory landscape is rapidly changing.
    • While Salvium is committed to regulatory compliance, there’s no guarantee that all future regulatory requirements can be met.
    • Changes in regulations could potentially impact Salvium’s operations, the use of SAL tokens, or their value.
  • Regulatory Uncertainty:
    • New regulations may be introduced that could affect Salvium’s legal status or operational model.
    • Salvium’s interpretation of existing regulations may differ from that of regulatory authorities.
    • Despite best efforts, Salvium may not be able to adapt to all regulatory changes promptly.
    • Future offerings of Salvium may be subject to different regulatory requirements.
  • Technology Risks:
    • As with all blockchain projects, there’s a risk of undiscovered vulnerabilities in the code or underlying cryptographic principles.
  • Market Risks:
    • The value of SAL tokens may be volatile and subject to market conditions.
  • Adoption Risks:
    • The success of Salvium depends on community adoption and development.
Salvium’s Approach to Compliance
  • Proactive Design: Salvium is designed with potential future regulations in mind, including features like refundable transactions and exchange modes.
  • Transparency: We are committed to clear communication about our project’s status, risks, and ongoing development.
  • Continuous Adaptation: Our team actively monitors regulatory developments and aims to adapt the protocol as necessary to maintain compliance.
  • Community Engagement: We encourage open discussion about compliance matters within our community and value input on navigating the regulatory landscape.