DeFi Agreement

DEX223 DeFI Protocol Terms of Service

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DeFi Protocol User Agreement

Welcome to the DeFi Protocol User Agreement (“User Agreement”). This document forms a legally binding contract between you (“User” or “you”) and DEX223 DAO LLC (“we,” “us,” or “our”) regarding your use of the Dex233 DeFi Protocol (“Protocol”). By accessing or utilizing the Protocol, you consent to comply with the terms and conditions outlined herein.

1. Definitions

Protocol: Refers to the decentralized finance platform operated by DEX223 DAO LLC, encompassing all related smart contracts, interfaces, and services. User: Denotes any individual or entity engaging with or utilizing the Protocol.

2. Protocol Usage

  1. 2.1Access Grant: We grant you a non-exclusive, non-transferable, and revocable license to access and use the Protocol strictly for legitimate purposes, subject to the terms of this User Agreement
  2. 2.2Legal Compliance: You commit to adhering to all relevant legal standards, regulations, and guidelines while interacting with the Protocol, including adherence to anti money laundering (AML) and know-your-customer (KYC) protocols.

3. Risks and Limitations

  1. 3.1As-Is Provision: The Protocol is made available “as is” and “as available,” without any form of warranty, whether explicit, implied, or statutory. We expressly disclaim any warranties of merchantability, fitness for a specific purpose, or non-infringement.
  2. 3.2Risk Acknowledgement: You acknowledge the intrinsic risks associated with using the Protocol, including potential smart contract vulnerabilities, the threat of hacking, and the ambiguous nature of regulatory frameworks. You bear full responsibility for these risks.

4. Liability Restrictions

  1. 4.1Damages Waiver: We will not be liable for any form of indirect, incidental, consequential, special, or punitive damages, including but not limited to loss of profits, data, or goodwill, that arise from your use of the Protocol.
  2. 4.2Liability Cap: Our total liability for any claims arising from or related to this User Agreement will not exceed the amount you have paid to access or use the Protocol, if any.

5. Indemnification

  1. 5.1Your Commitment: You agree to indemnify, defend, and hold harmless DEX223 DAO LLC, its affiliates, directors, officers, employees, agents, and licensors from any claims, damages, obligations, losses, liabilities, costs, or debt, and expenses (including but not limited to attorney’s fees) arising from your use of the Protocol.

6. Legal Governance and Resolution

  1. 6.1Applicable Law: This User Agreement shall be governed by the laws of Wyoming, without giving effect to any choice or conflict of law provision or rule.
  2. 6.2Arbitration: Any disputes arising under or in connection with this User Agreement shall be resolved through binding arbitration in accordance with the arbitration rules of the American Arbitration Association.

7. General Provisions

  1. 7.1Entire Agreement: This User Agreement represents the complete agreement between you and DEX223 DAO LLC regarding the Protocol and supersedes all prior agreements and understandings, both written and oral.
  2. 7.2Severability: Should any part of this User Agreement be held invalid, illegal, or unenforceable, the remaining provisions shall continue in effect. Thank you for joining the DEX223 DeFi Protocol community. Your compliance with this User Agreement ensures a secure and efficient experience for all users.