Terms and Conditions of Use ​

Last Updated: 21/11/2023

Welcome to Weft Finance! This document encompasses both the Weft Finance website and the app.weft.finance 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.

No Liability for Third-party Services or Links ​

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 info@weft.finance.