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Terms and Conditions of Use

Last Updated: 21/11/2023

Welcome to Weft Finance! This document encompasses both the Weft Finance website and the interface. Weft Finance provides information about a decentralized, non-custodial liquidity protocol, consisting of open-source, self-executing components deployed on Radix DLT's permission-less public distributed ledgers.

The Interface

The interface serves as a non-mandatory and independent channel for users to interact with Weft Finance on ledger components through self-custodial wallets.

Services Offered

Weft Finance primarily functions as an informational resource about the protocol. The provided information is intended for informational purposes and may not always be up-to-date or complete.

User Control over Crypto-assets

Users maintain full control of their crypto-assets when interacting with Weft Finance, and the service does not act as a custodian or intermediary in transactions.

Transaction Fees on Public Distributed Ledgers

Transactions might require payment of gas fees, network transaction fees applicable to each transaction on the chosen public distributed ledger network.

Assumption of Risks with Experimental Technology

Engaging with technologies such as smart contracts on public distributed ledgers is experimental and risky.

Weft Finance disclaims responsibility for the content or services of third parties.

Automated Transactions via Smart Contracts

Transactions are automatically processed using smart contracts. Weft Finance does not directly handle any transactions.

User Responsibility for Security

Users are solely responsible for securing their self-custodial wallets and safeguarding their private keys.

Right to Restrict Access

Weft Finance reserves the right to restrict access to the services based on various factors, including suspected illegal activity or terms violation.

No Guarantee of Service Quality or Accessibility

The services may sometimes be inaccessible or inoperable due to various reasons.

User Responsibility for Due Diligence

Users are encouraged to perform their own due diligence regarding the risks of transactions and the underlying smart contracts and crypto-assets.

Tax Responsibilities

Users are responsible for all taxes, duties, and assessments associated with their use of the services and any crypto-assets.

Ownership and Licensing of Services

Users are granted a license to use Weft Finance's services, but all rights, titles, and interests in the services remain with Weft Finance.

Use of Feedback

Weft Finance may use and share user feedback.

Prohibited Content and Actions

Specific conduct is prohibited when using the services, including illegal activities and unauthorized commercial exploitation.

Right to Investigate Violations

Weft Finance reserves the right to investigate and prosecute suspected breaches of the agreement.

Disclaimers and Limitations of Liability

The services are provided "as is" and "as available," without warranties.

Indemnification by Users

Users agree to indemnify Weft Finance and its related parties against various claims and cooperate with their defense in legal matters.

Arbitration Agreement and Class Action Waiver

Disputes arising from the agreement or the services are to be resolved through binding arbitration.

Waiver of Injunctive or Other Equitable Relief

Users waive the right to obtain injunctions or other equitable relief.

Termination and Cancellation

The agreement can be terminated by either party, and Weft Finance reserves the right to modify or cancel the services at any time.

Severability and Assignment of the Agreement

If any provision of the agreement is unlawful, void, or unenforceable, it shall be enforceable to the fullest extent permitted by law.

Future Modifications by Weft Finance

Weft Finance may periodically update or modify these terms and its services at its discretion.

Governing Law and Entire Agreement

The agreement is governed by the laws of Côte d’Ivoire and constitutes the entire agreement between the user and Weft Finance.

How to Contact Us

If you have any questions regarding this Privacy Policy, you can contact us by email at [email protected].

Released under the MIT License.