THE SERVICES (AS DEFINED HEREIN) WERE NOT DEVELOPED FOR, AND ARE NOT OFFERED TO PERSONS OR ENTITIES WHO RESIDE IN, ARE CITIZENS OF, ARE LOCATED IN, ARE INCORPORATED IN, OR HAVE A REGISTERED OFFICE OR PRINCIPAL PLACE OF BUSINESS IN ANY RESTRICTED JURISDICTION OR COUNTRY SUBJECT TO ANY SANCTIONS OR RESTRICTIONS PURSUANT TO ANY APPLICABLE LAW, INCLUDING THE CRIMEA REGION, CUBA, DONETSK PEOPLE’S REPUBLIC REGION OF UKRAINE, IRAN, LUHANSK PEOPLE’S REPUBLIC REGION OF UKRAINE, NORTH KOREA, RUSSIA, SOUTH SUDAN, SUDAN (NORTH), SYRIA, THE UNITED STATES, OR ANY OTHER COUNTRY IN WHICH CANADA, THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION, THE REPUBLIC OF PANAMA, THE UNITED NATIONS SECURITY COUNCIL OR ANY OTHER JURISDICTION EMBARGOES GOODS OR IMPOSES SIMILAR SANCTIONS, OR ANY JURISDICTIONS IN WHICH THE TRANSACTING OF CRYPTOCURRENCIES IS PROHIBITED OR RESTRICTED IN ANY FORM OR MANNER (COLLECTIVELY, THE “RESTRICTED JURISDICTIONS” AND EACH A “RESTRICTED JURISDICTION”) OR ANY PERSON OWNED, CONTROLLED, LOCATED IN OR ORGANIZED UNDER THE LAWS OF ANY RESTRICTED JURISDICTION OR AFFILIATED WITH ANY SUCH PERSON, ANY PERSON LISTED ON ANY SANCTIONS LIST MAINTAINED BY CANADA, THE UNITED STATES, THE UNITED KINGDOM, THE EUROPEAN UNION, THE REPUBLIC OF PANAMA, THE UNITED NATIONS SECURITY COUNCIL OR ANY OTHER JURISDICTION, OR A RESIDENT OF OR LOCATED IN ANY COUNTRY OR JURISDICTION THAT RESTRICTS ACCESS TO OR PROHIBITS USE OF DIGITAL ASSETS OR CRYPTOCURRENCIES (COLLECTIVELY, “RESTRICTED PERSONS”). THERE ARE NO EXCEPTIONS. IF YOU ARE A RESTRICTED PERSON, OR LOCATED IN A RESTRICTED JURISDICTION, THEN DO NOT USE OR ATTEMPT TO USE THE SERVICES EITHER DIRECTLY OR INDIRECTLY. USE OF ANY TECHNOLOGY OR MECHANISM, SUCH AS A VIRTUAL PRIVATE NETWORK, TO CIRCUMVENT OR ATTEMPT TO CIRCUMVENT THE RESTRICTIONS SET FORTH HEREIN IS STRICTLY PROHIBITED.
BY USING THE SERVICES, YOU WARRANT AND REPRESENT THAT (I) YOU ARE NOT A RESTRICTED PERSON; AND (II) YOU (INCLUDING, IF APPLICABLE, ANY OF YOUR DIRECT OR INDIRECT OWNERS, SHAREHOLDERS, SUBSIDIARY UNDERTAKINGS, REPRESENTATIVES, OFFICERS, EMPLOYEES, OR ANY OTHER PERSON WITH ACCESS TO YOUR ACCOUNT) WILL NOT COORDINATE, CONDUCT OR CONTROL (INCLUDING BY, IN SUBSTANCE OR EFFECT, MAKING DECISIONS WITH RESPECT TO) YOUR USE OF THE SERVICES FROM WITHIN ANY RESTRICTED JURISDICTION.
YOU ACKNOWLEDGE, UNDERSTAND AND AGREE THAT YOU ARE NOT PERMITTED TO, AND COVENANT AND UNDERTAKE TO US NOT TO, MODIFY, DISASSEMBLE, DECOMPILE, ADAPT, ALTER, TRANSLATE, REVERSE ENGINEER OR CREATE DERIVATIVE WORKS OF THE SERVICES TO MAKE THEM AVAILABLE TO ANY RESTRICTED PERSONS OR IN ANY RESTRICTED JURISDICTION.
These terms of use are entered into by and between you and CAVERNA AUCTUS INC., a company duly organized and existing under laws of the Republic of Panama, with domicile at Panama City, Panama (“Company”, “we” or “us”). The following terms and conditions, together with any documents they expressly incorporate by reference (collectively, these “Terms of Use”), govern your access to and use of Neutrl.fi, including any content, functionality, and services offered on or through https://www.neutrl.fi/ (the “Website” and our proprietary website application available therefrom (collectively, the “Services”)), whether as a guest or a registered user, but excluding any third-party materials, technology, smart contracts or applications.
If you engage with the Services under authority from a different party or on another party’s behalf, then “you” (and its variants, including “your”) as used herein refers to that person on whose behalf the Services are used (e.g., an employer). If the person engaging with our Services is an individual, acting in their own individual capacity, then “you” (and its variants) refers to that individual. If any person is using the Services on your behalf, you agree that you are responsible for the actions and inactions of all such persons.
Please read these Terms of Use carefully before you start to use the Services. By using the Services or by clicking to accept or agree to the Terms of Use when this option is made available to you, you accept and agree to be bound and abide by these Terms of Use and our Privacy Policy, incorporated herein by reference. If you do not wish to agree to these Terms of Use or the Privacy Policy you must not access or use the Services.
NEITHER WE NOR OUR SERVICE PROVIDERS ARE RESPONSIBLE FOR ANY ACTIVITIES THAT YOU ENGAGE IN WHEN USING ANY ONLINE SERVICES OR BLOCKCHAIN TECHNOLOGIES NOT PROVIDED BY US.
The Services are not intended to be used by persons who are under the age of eighteen (18) years. You represent and warrant throughout the term of your use of the Services that you are of the age of eighteen (18) years or over or otherwise of legal age to form a binding contract, and that you have legal and mental capacity to enter into these Terms of Use.
You further represent and warrant that: (i) your funds are not derived from or in any way connected to any illegal, unauthorized, or restricted sources (including any Restricted Jurisdictions or Restricted Persons); (ii) you have the right to engage in all transactions and all activities that you participate in on or through the Services; and (iii) you are not a Restricted Person or connected to one in any way, and you are not located in a Restricted Jurisdiction.
We may revise and update these Terms of Use from time to time in our sole discretion. All changes are effective immediately when we post them on the Services, and apply to all access to and use of the Services thereafter. However, any changes to the dispute resolution provisions set out in the Governing Law and Jurisdiction section below will not apply to any disputes for which the parties have actual notice on or before the date the change is posted on the Services.
Your continued use of the Services following the posting of revised Terms of Use means that you accept and agree to the changes. You are expected to read this page each time you access the Services so you are aware of any changes, as they are binding on you.
We may update the content on our Services (or any one of them) from time to time at our discretion. Any of the material on the Services may be out of date at any given time, and we are under no obligation to update such material.
WE WILL NOT BE LIABLE FOR ANY LOSSES RESULTING FROM ANY CHANGES TO THE TERMS OF USE, THE SERVICES OR THE SERVICES AVAILABLE THEREON.
We reserve the right to withdraw or modify our Services, and any service or material we provide on or in connection with the Services, in our sole discretion and without notice. We will not be liable if for any reason all or any part of the Services are unavailable at any time or for any period. From time to time, we may restrict access to some parts of the Services, or the entire Services, to users, including registered users, in our discretion. WE WILL NOT BE LIABLE TO YOU FOR ANY LOSSES OR DAMAGES YOU MAY SUFFER AS A RESULT OF, OR IN CONNECTION WITH, THE SERVICES OR ANY PART OF THEM BEING INACCESSIBLE TO YOU AT ANY TIME OR FOR ANY REASON.
You are responsible for:
Making all arrangements that are or may be necessary for you to have access to the Services. Ensuring that any persons who access the Services through your internet connection are aware of these Terms of Use and comply with them.
To access the Services or some of the resources it offers, you may be required to connect a compatible digital asset wallet and provide certain registration details or verification information. It is a condition of your use of the Services that all the information you provide on the Services is correct, current, and complete. You agree that all information you provide to register with the Services or otherwise, including but not limited to through the use of any interactive features on the Services or through your wallet connections, is governed by our Privacy Policy, and you consent to all actions we take with respect to your information consistent with our Privacy Policy.
If you choose, or are provided with, a username, password, wallet address, or any other piece of information as part of our security procedures, you must treat such information as confidential, and you must not disclose it to any other person or entity. You also acknowledge that your account is personal to you and agree not to provide any other person with access to the Services or portions of it using your username, password, wallet credentials, or other security information.
You agree to notify us immediately of any unauthorized access to or use of your username or password, your social media account or any other breach of security. You also agree to ensure that you exit from your account at the end of each session. You should use particular caution when accessing your account from a public or shared computer so that others are not able to view or record your password, your social media account password, or other personal information.
We have the right to disable any username, password, social media account, or other identifier, whether chosen by you or provided by us, at any time in our sole discretion for any or no reason, including if, in our opinion, you have violated any provision of these Terms of Use.
You understand and acknowledge that your content may be transferred unencrypted and involve (i) transmissions over various networks; and (ii) changes to conform and adapt to technical requirements of connecting networks or devices.
The Services incorporate a decentralized finance protocol that enables users to access market-neutral yield through the creation and management of a synthetic dollar system. The Services provide you with access to sophisticated financial infrastructure designed to generate returns through OTC arbitrage strategies, funding rate capture, and other market-neutral trading mechanisms. The protocol operates through smart contracts deployed on various blockchain networks and enables users to participate in yield-generating activities through the minting, staking, and redemption of digital assets.
Minting / Transfer of Ownership. When you mint NUSD or sNUSD through the Services, you irrevocably transfer ownership of the stablecoins you deposit to the Company. In return, you receive NUSD or sNUSD. sNUSD represents a yield-bearing synthetic dollar token that reflects your proportional share of returns generated by the Company’s strategies. You acknowledge and agree that NUSD and sNUSD represent a claim on yield only, and not a claim to the specific digital assets you originally transferred.
Redemption. To exit, you must burn NUSD or sNUSD. Upon a valid redemption, the Company, at its sole discretion, will deliver to you a supported stablecoin. The stablecoin returned to you may differ from the asset you initially deposited.
When you use the Services, you acknowledge and agree that you are interacting with blockchain technology, including but not limited to smart contracts, protocols, and decentralized applications, which are operated by third parties and various blockchain networks, and not controlled exclusively by the Company. The Services may interact with and depend upon third-party blockchain infrastructure, including but not limited to Ethereum, Arbitrum, Base, and other compatible networks. You hereby release the Company and hold the Company harmless from and against any losses or liabilities you incur as a result of your use of such third-party blockchain infrastructure, network congestion, transaction failures, or any other technical issues related to blockchain technology.
The Company retains full authority to deploy transferred assets in accordance with its strategies, including but not limited to OTC arbitrage, basis trading, funding rate capture, or other market-neutral mechanisms. You hereby release and hold harmless the Company from any losses or liabilities arising from its deployment of such assets.
YOU ACKNOWLEDGE AND AGREE THAT THE COMPANY DOES NOT HOLD, HAVE CUSTODY OVER, OR HAVE ANY RESPONSIBILITY FOR OR CONTROL OVER YOUR PRIVATE KEYS, SEED PHRASES, WALLET CREDENTIALS, OR ANY OTHER CRYPTOGRAPHIC MATERIALS NECESSARY TO ACCESS YOUR DIGITAL ASSETS. THE COMPANY DOES NOT PROVIDE WALLET SERVICES OR CUSTODY SERVICES. YOU ARE SOLELY RESPONSIBLE FOR THE SECURITY AND MANAGEMENT OF YOUR PRIVATE KEYS AND WALLET ACCESS. YOU HEREBY HOLD THE COMPANY HARMLESS AND INDEMNIFY THE COMPANY AGAINST ANY CLAIMS OR LOSSES ARISING IN CONNECTION WITH YOUR WALLET MANAGEMENT, LOSS OF PRIVATE KEYS, OR UNAUTHORIZED ACCESS TO YOUR DIGITAL ASSETS.
Users may participate in various incentive programs offered by the protocol from time to time, including but not limited to fixed annual percentage rate campaigns, token-based reward systems, and points-based loyalty programs. Participation in any such incentive program constitutes acceptance of the specific terms and conditions governing such program, including but not limited to eligibility requirements, lockup periods, reward calculation methodologies, and distribution schedules. The Company reserves the right to modify, suspend, or terminate any incentive program at its sole discretion with or without notice.
The Services are designed to operate across multiple blockchain networks, and users may interact with the protocol through various supported networks as determined by the Company from time to time. Cross-chain functionality may involve the use of third-party bridge protocols, cross-chain communication systems, or other interoperability solutions not controlled by the Company. Users acknowledge that cross-chain transactions involve additional technical risks, including but not limited to bridge failures, network congestion, variable transaction costs, and potential delays or failures in cross-chain message passing.
The Company may offer institutional-grade features and services for qualified users, including but not limited to dedicated dashboard interfaces, whitelisted access controls, enhanced vault management capabilities, automated strategy routing, and risk band selection tools. Access to institutional features may require additional verification procedures, minimum investment thresholds, or other eligibility criteria as determined by the Company in its sole discretion.
You agree to comply with all applicable laws and regulations related to digital asset trading, custody, and taxation in your jurisdiction of residence and operation. You represent and warrant that your use of the Services complies with all legal and regulatory requirements applicable to you, including but not limited to anti-money laundering laws, know-your-customer requirements, securities regulations, tax reporting obligations, and any restrictions on digital asset activities in your jurisdiction.
The Services integrate with third-party custody solutions, security systems, and oracle networks to provide institutional-grade security and accurate pricing information. You acknowledge that the protocol employs oracle-based pricing mechanisms to ensure accurate valuation of assets and implements real-time monitoring systems to manage funding risks, operational risks, and other protocol-related exposures. While the Company implements commercially reasonable security measures and partners with reputable third-party service providers, you acknowledge that no security system is impenetrable and that digital assets and blockchain-based systems carry inherent security risks.
You acknowledge and agree that all information and data you provide through the Services are classified as User Contributions and must adhere to the Content Standards set forth below and all other provisions of these Terms of Use.
You understand and acknowledge that your content may be transferred unencrypted and involve (i) transmissions over various blockchain networks; and (ii) changes to conform and adapt to technical requirements of connecting networks or devices.
We charge fees for providing access to and use of certain aspects of the Services, including but not limited to protocol management fees, performance fees on generated yields, withdrawal processing fees, and network transaction fees. Our fee structure may vary based on the specific services utilized, the blockchain networks involved, the size and duration of user positions, and other factors as determined by the Company from time to time.
Our fees are subject to change at any time without prior notice, even if we have provided an estimate of fees in advance. You acknowledge that blockchain network fees, commonly referred to as gas fees, are determined by the underlying blockchain networks and are not controlled by the Company. Such network fees may fluctuate significantly based on network congestion and other factors beyond the Company's control.
All fees charged by the Company are non-refundable once incurred, except as may be specifically provided in these Terms of Use or as required by applicable law. You acknowledge that third-party service providers, including but not limited to blockchain networks, bridge protocols, oracle providers, and custody solutions, may charge additional fees that are separate from and in addition to any fees charged by the Company.
Under no circumstances shall the Company incur any liability, of any kind, in connection with our fees or those charged by third parties. You hereby release us and hold us harmless from and against any and all liability or losses associated with fees related to the Services and underlying or connected third party technologies.
You may use the Services only for lawful purposes and in accordance with these Terms of Use. You agree not to:
These Content Standards apply to any and all User Contributions and use of Services. User Contributions must in their entirety comply with all applicable laws and regulations. Without limiting the foregoing, User Contributions must not:
The Services and their contents, features and functionality (including but not limited to all information, software, text, displays, images, video, audio, and the design, selection and arrangement thereof), are owned by Company, its licensors, or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.
These Terms of Use permit you to use the Services for your personal, non-commercial use only. You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any of the material on our Services, except as follows:
You must not:
If you print, copy, modify, download, or otherwise use or provide any other person with access to any part of the Services in breach of the Terms of Use, your right to use the Services will stop immediately and you must, upon our demand, return or destroy any copies of the materials you have made. No right, title or interest in or to the Services or any content on the Services is transferred or licensed to you, and all rights not expressly granted are reserved by Company. Any use of the Services not expressly permitted by these Terms of Use is a breach of these Terms of Use and may violate copyright, trademark and other laws or rights of intellectual property holders.
Company’s name, trade names, logos, service marks, product and service names, designs, slogans and trade dress are trademarks of Company or its affiliates or licensors. You must not use such marks without the prior written permission of Company.
You grant to the Company a perpetual, irrevocable, non-exclusive, worldwide, fully paid up and royalty free right and license to use, reproduce, modify, display and otherwise disclose to third parties your name, logos and trademarks (“User Marks”) on: (a) internal and public materials (including the Website); and (b) as part of press releases made by the Company.
You may from time to time provide us with feedback about your experience on the Services, recommendations for modifications or other information relating to the Services (collectively, “Feedback”). You agree that we may use the Feedback in our business without restriction, and such Feedback will be considered non-confidential and non-proprietary. By providing any Feedback, you grant us and our service providers, and each of their and our respective licensees, successors, and assigns a perpetual, irrevocable, non-exclusive, worldwide, fully paid up and royalty free right and license to use, reproduce, modify, perform, display and otherwise disclose to third parties any such material for any purpose.
The Services may contain various interactive features, including but not limited to user profiles, communication systems, and other features allowing users to interact with the Services and with each other (collectively, "Interactive Services") pursuant to which users can post, submit, publish, display and transmit to other users or other persons (collectively "post") content or materials (collectively, "User Contributions") on or through the Services.
All User Contributions must comply with the Content Standards set out in these Terms of Use.
Any User Contribution you post to the Services will be treated as non-confidential and non-proprietary. By providing any User Contribution on the Services, you grant us and our affiliates and service providers, and each of their and our respective licensees, successors, and assigns the right to use, reproduce, modify, perform, display, distribute and otherwise disclose to third parties any such material for any purpose.
You warrant, represent and undertake that:
We are not responsible or liable to any person for the content or accuracy of any User Contributions posted by you or any other user of the Services.
We have the right to:
However, we do not undertake to review all material before it is posted on the Services, and we cannot ensure prompt removal of objectionable material after it has been posted. Accordingly, we assume no liability for any action or inaction regarding transmissions, communications, or content provided by any user or third party. We have no liability or responsibility to anyone for performance or non-performance of the activities described in this section.
If you, acting reasonably and in good faith, believe that material available on the Services infringes your copyright, you (or your agent) may send to the Company a written notice by email at legal@neutrl.xyz requesting that we remove such material or block access to it. WE RESERVE THE RIGHT TO REMOVE ANY CONTENT REPORTED TO US AS INFRINGING COPYRIGHT.
The information presented on or through the Services is made available solely for general information purposes. We do not warrant or represent the accuracy, completeness, or usefulness of any of this information, even if we have created the information ourselves. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Services, or by anyone who may be informed of any of its contents.
The Services include content and functionality provided by third parties, including but not limited to blockchain networks, smart contract protocols, oracle systems, bridge providers, custody solutions, and other decentralized finance infrastructure providers. All statements and/or opinions expressed in materials provided by third parties, and all data, pricing information, yield calculations, and other content provided by third-party sources, other than the content provided directly by the Company, are the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of Company. We are not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.
WE DO NOT ENDORSE AND ARE NOT RESPONSIBLE OR LIABLE FOR ANY THIRD PARTY MATERIALS, INFORMATION, SDKs, PROTOCOLS, NETWORKS, INFRASTRUCTURE, RESOURCES, APPLICATIONS, DATA, USER CONTRIBUTIONS, CONTENT OR SERVICES, EVEN IF AVAILABLE ON, THROUGH OR FROM THE SERVICES. WE HAVE NO RESPONSIBILITY FOR, NO CONTROL OVER, AND MAKE NO WARRANTIES, REPRESENTATIONS OR GUARANTEES WITH RESPECT TO, THE QUALITY, SECURITY, ACCURACY, RELIABILITY, OR UPTIME OF SUCH THIRD-PARTY MATERIALS. YOU HEREBY HOLD US HARMLESS FROM AND AGAINST ANY LOSSES OR DAMAGES YOU MAY SUFFER AS A RESULT OF YOUR USE OF SUCH ITEMS.
You understand that we do not act as your financial advisor, investment manager, arranger, introducer, or commodity or other trading advisor, nor do we give you any investment advice of any kind with respect to what assets you choose to create or purchase or any trading thereof. As with any trading activities, it is your responsibility and you are solely responsible for your purchase decisions, how and when you trade digital assets and with whom. It is also your responsibility to ensure you understand digital assets, how they work, what their value is, and about trading and purchasing such assets, as there are significant risks in doing so, all of which you solely assume. We may suspend or cancel your use of the Services for any reason, including if we believe you have engaged in or are about to engage in any kind of fraud or other illegal, unlawful or tortious activity, if required pursuant to applicable laws, or if you violate these Terms of Use. We may provide you with notice of suspension, but do not undertake to do so. We may change the functionality of the Services at any time, which means some networks may no longer be supported after a time. You acknowledge that this is the case and accept this risk. We do not perform any activities to vet users prior to allowing them to post on the Services or to create or trade assets. You acknowledge that this is a risk you accept when you interact with our Services. You agree and understand that all decisions you make on the Services are made solely by you. You agree and understand that under no circumstances will the operation of our Services and your use of them be deemed to create a relationship that includes the provision of or tendering of investment advice. NO FINANCIAL, INVESTMENT, LEGAL, TAX, OR SECURITIES OR OTHER PROFESSIONAL ADVICE IS GIVEN THROUGH OR IN CONNECTION WITH THE SERVICES. No content found on our Services, whether created by us, our service providers, our business partners, or another user is or should be considered as investment advice. You agree and understand that we accept no responsibility whatsoever for, and shall in no circumstances be liable to any person in connection with, your decisions or your use of the Services.
You acknowledge and agree that digital assets are volatile and risky, and that their trading is affected by many factors outside our or your control. You are solely responsible for any transactions, and for all fees that you may incur as a result of your acquisition or sales of digital assets. Our Services do not control the timing of any transaction, yet you acknowledge that the time of a transaction can affect the value of the asset or the fees associated with a transaction or both. You hereby hold us harmless against any and all claims arising from the transaction of your digital assets, or the timing of such transactions.
Digital assets are not backed by any government and are not legal tender in most jurisdictions. Digital assets are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections, or other similar protections offered by other governmental bodies. We are not a bank, and we have no fiduciary duty to you. We make no guarantee as to the functionality of any digital asset network which might cause delays, conflicts of interest or might be subject to operational decisions of third parties that are unfavorable to you or affect your digital assets, or which might lead to your inability to complete a transaction using our Services.
You acknowledge that our software and smart contracts could have bugs or security vulnerabilities, and you hereby accept this risk. You hereby hold us harmless from any losses you suffer as a result of your use of our Services, which you agree you use at your sole risk.
Digital assets and use of our Services may be subject to expropriation and/or theft. Hackers or other malicious actors may attempt to interfere with our Services or your use thereof in a variety of ways, including, but not limited to, use of malware, denial of service attacks, Sybil attacks, and spoofing. We do not guarantee that our Services will be available without interruption. The information on our Services may not always be accurate, complete or current. Information on the Services may be changed or updated from time to time without notice, including information regarding our policies, products and services. Accordingly, you should verify all information before relying on it. All decisions you make based on information provided through the Services are your sole responsibility and you hold us harmless from and against any losses you suffer as a result of such decisions.
You acknowledge and agree that your use of the Services involves inherent and substantial risks, many of which are specific to the operation of the Neutrl protocol and its decentralized finance mechanisms. By using the Services, you assume full responsibility for all risks associated therewith, including those related to digital asset volatility, smart contract execution, and protocol mechanics.
Digital assets are highly volatile and subject to rapid price movements. Market conditions, liquidity constraints, or protocol adjustments may significantly affect asset valuations and yields. You acknowledge that the value of your holdings, including but not limited to NUSD and sNUSD, may fluctuate, and such fluctuations may result in the loss of part or all of your capital.
The Neutrl protocol generates yield through market-neutral strategies such as OTC arbitrage, basis trading, and funding rate capture. These strategies rely on third-party exchanges, derivatives markets, and custodians. Disruptions, operational failures, or insolvency affecting such third parties may impair protocol performance or restrict access to assets.
You understand and accept the risks associated with: (i) negative funding rates on perpetual futures contracts, which may reduce the protocol’s income; (ii) liquidity risk, where delays or limitations in redemption may occur during periods of market stress; (iii) counterparty defaults in OTC transactions or failures by custodial service providers; and (iv) exchange risks, including outages, insolvency, or regulatory action affecting centralized or decentralized trading venues.
Stablecoins used in the protocol (e.g., USDC, USDT, USDe) carry depegging risk, regulatory scrutiny, and issuer solvency risks. The stability of NUSD depends on the continued reliability and liquidity of its backing assets. You understand that a depeg or disruption to underlying collateral may affect your ability to redeem NUSD or sNUSD at par value.
The protocol employs smart contracts to govern minting, staking, redemption, and reward mechanisms. These contracts may contain vulnerabilities, be exploited, or fail to perform as intended. Despite security audits and third-party verification, no system is infallible. You assume all risks associated with interacting with blockchain-based contracts, including loss of access due to wallet mismanagement, bugs, or malicious attacks.
You further acknowledge that Neutrl does not offer wallet services, and you are solely responsible for safeguarding your private keys and access credentials. Loss or compromise of such credentials may result in irretrievable loss of assets.
The protocol may implement dynamic portfolio rebalancing, redemption queuing, and yield smoothing to manage systemic risk. While these mechanisms enhance long-term stability, they may affect liquidity timing and yield realization. You expressly agree that such measures are reasonable and necessary for protocol integrity.
WE WILL NOT BE LIABLE TO YOU UNDER ANY CIRCUMSTANCES IN CONNECTION WITH, YOUR USE OF THE SERVICES FOR ENGAGING IN DIGITAL ASSET TRANSACTIONS. YOU HEREBY ACKNOWLEDGE AND AGREE THAT WE WILL HAVE NO RESPONSIBILITY OR LIABILITY FOR THE RISKS SET FORTH IN THIS SECTION. WE DO NOT HAVE CONTROL OVER AND ARE NOT RESPONSIBLE FOR THE CONDUCT OF ANY USERS OR ANY BLOCKCHAIN NETWORK.
You are solely responsible for any tax liability which may arise from purchasing or reselling digital assets, or other activities you engage in while on the Services or which occur as a result of your activities on the Services. It is your responsibility to ensure you have accounted for, reported to the proper taxation authority, and paid all such taxes to the applicable taxation authority. We do not undertake any obligation to report any such taxes, nor collect or disburse them on your behalf. You hold us harmless and release us from and against any claims, losses, damages or demands arising in connection with taxes you may owe as a result of your transactions on the Services.
All information we collect on the Services is subject to our Privacy Policy. By using the Services, you consent to all actions taken by us with respect to your information in compliance with the Privacy Policy. By logging into our Services using your social media accounts provided by third party social media platforms, all information you provide on the Services will be mirrored and available on those social media accounts as well. You specifically consent to this practice. All information on the social media channels you connect to will be collected by the third party operators of those services, and subject to their privacy policies, so we encourage you to review those policies and understand them, before connecting to the Services through your social media accounts.
You may link to our Website homepage provided you do so in a way that is fair and legal and does not damage our reputation or take advantage of it, but you must not suggest any form of association, approval, or endorsement on our part without our express written consent.
The Website may provide certain social media features that enable you to:
Link from your own or certain third party websites to content on the Website. Send emails or other communications with certain content, or links to certain content, on the Website. Cause limited portions of content on the Website to be displayed or appear to be displayed on your own or third party websites.
You may use these features solely as they are provided by us, and solely with respect to the content they are displayed with and otherwise in accordance with any additional terms and conditions we provide with respect to such features. Subject to the foregoing, you must not:
Establish a link from any website that is not owned by you. Cause the Website or portions of it to be displayed on, or appear to be displayed by, any other website (e.g., framing, deep linking, or in-line linking). Take any action with respect to the materials on the Website that is inconsistent with any other provision of these Terms of Use. The website from which you are linking, or on which you make certain content accessible, must comply in all respects with the Content Standards set out in these Terms of Use.
You agree to cooperate with us in causing any unauthorized framing or linking immediately to stop. We may withdraw linking permission without notice.
We may disable all or any social media features and any links at any time without notice.
If the Services contain links to other websites and resources provided by third parties, these links are provided for your convenience only. This includes links contained in advertisements. We have no control over the contents of those websites or resources, and the Company accepts no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third party websites linked to the Services, you do so entirely at your own risk and subject to the terms and conditions of use for such websites.
You understand that we cannot and do not guarantee, warrant or represent that files available for downloading from the internet or the Services will be free of viruses or other destructive code. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for anti-virus protection and accuracy of data input and output, and for maintaining a means external to our Services for any reconstruction of any lost data. TO THE FULLEST EXTENT PROVIDED BY LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY A DISTRIBUTED DENIAL-OF-SERVICE ATTACK, CONDUCT OF THIRD PARTIES OR USERS, INCLUDING THREAT ACTORS, VIRUSES, OR OTHER TECHNOLOGICALLY HARMFUL MATERIAL THAT MAY INFECT YOUR COMPUTER EQUIPMENT, COMPUTER PROGRAMS, DATA, OR OTHER PROPRIETARY MATERIAL DUE TO YOUR USE OF THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES OR TO YOUR DOWNLOADING OF ANY MATERIAL POSTED ON THEM, OR ON ANY WEBSITE LINKED TO THEM.
YOUR USE OF THE SERVICES, THEIR CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES IS AT YOUR OWN RISK. THE SERVICES, THEIR CONTENT, AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OR REPRESENTATIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER COMPANY NOR ANY PERSON ASSOCIATED WITH COMPANY MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, OR AVAILABILITY OF THE SERVICES. WITHOUT LIMITING THE FOREGOING, NEITHER THE COMPANY NOR ANYONE ASSOCIATED WITH THE COMPANY WARRANTS OR REPRESENTS THAT THE SERVICES, THEIR CONTENT, OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL BE ACCURATE, RELIABLE, ERROR-FREE, OR UNINTERRUPTED, THAT DEFECTS WILL BE CORRECTED, THAT THE SERVICES OR THE SERVER THAT MAKES THEM AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THE SERVICES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE SERVICES WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS.
WE HAVE NO RESPONSIBILITY OR LIABILITY TO ANY PERSON FOR ANY LOSSES THAT YOU MAY INCUR AS A RESULT OF SWAPS, TRADES, OR OTHER TRANSACTIONS THAT YOU MAY ENGAGE IN CONNECTION WITH THE SERVICES FOR ANY REASON WHATSOEVER, INCLUDING WITHOUT LIMITATION LOSSES ARISING FROM SOFTWARE DEFECTS, MALFUNCTIONS, OR A LACK OF ACCESS TO THE SERVICES.
TO THE FULLEST EXTENT PROVIDED BY LAW, THE COMPANY HEREBY DISCLAIMS ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, NON-INFRINGEMENT, AND FITNESS FOR PARTICULAR PURPOSE.
YOU ACKNOWLEDGE THAT YOUR DATA AND ASSETS ON THE SERVICES MAY BECOME IRRETRIEVABLY LOST OR CORRUPTED OR TEMPORARILY UNAVAILABLE AS A RESULT OF A VARIETY OF CAUSES, AND YOU AGREE THAT, TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, WE WILL NOT BE LIABLE FOR ANY LOSS OR DAMAGE CAUSED BY DENIAL-OF-SERVICE ATTACKS, SOFTWARE FAILURES, VIRUSES OR OTHER TECHNOLOGICALLY HARMFUL MATERIALS (INCLUDING THOSE WHICH MAY INFECT YOUR COMPUTER EQUIPMENT OR DEVICES), PROTOCOL CHANGES BY THIRD-PARTY PROVIDERS, INTERNET OUTAGES, FORCE MAJEURE EVENTS OR OTHER DISASTERS, SCHEDULED OR UNSCHEDULED MAINTENANCE, OR OTHER CAUSES EITHER WITHIN OR OUTSIDE OF OUR CONTROL.
YOU FURTHER ACKNOWLEDGE AND AGREE THAT THE COMPANY HAS NO LIABILITY FOR LOSS OR THEFT OF YOUR WALLET KEYS OR ANY OTHER KEYS USED TO ACCESS OTHER DIGITAL WALLETS YOU MIGHT USE.
TO THE FULLEST EXTENT PROVIDED BY LAW, IN NO EVENT WILL THE COMPANY, ITS AFFILIATES, OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS, OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE SERVICES, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE SERVICES OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE.
WE HAVE NO CONTROL OVER, TAKE NO RESPONSIBILITY FOR, AND SHALL NOT BE LIABLE FOR THE CONDUCT OF, THIRD PARTIES, INCLUDING WITHOUT LIMITATION THREAT ACTORS.
THE FOREGOING DOES NOT AFFECT ANY LIABILITY THAT CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
You agree to defend, indemnify and hold harmless the Company, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys’ fees and legal costs) arising out of, in connection with or relating to your violation of these Terms of Use or your use of the Services, including, but not limited to, your User Contributions, any use of the Services’ content, services, and products other than as expressly authorized in these Terms of Use or your use of any information obtained from the Services.
All matters relating to the Website and these Terms of Use and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the laws of the Republic of Panama without giving effect to any choice or conflict of law provision or rule (whether of the Republic of Panama or any other jurisdiction).
Any legal suit, action, or proceeding arising out of, or related to, these Terms of Use or the Website must be decided by Arbitration, following an attempt at Conciliation, administered by the Panama Conciliation and Arbitration Centre (CECAP) in accordance with its procedural rules, by its procedural rules. The number of arbitrators shall be three. The seat, or legal place, of arbitration, shall be Panama City. The language to be used in the arbitral proceedings shall be English. The governing law of the contract shall be the substantive law of the Republic of Panama. The arbitral award shall be final for the Parties, although we retain the right to bring any suit, action, or proceeding against you for breach of these Terms of Use in your country of residence or any other relevant country. You waive any and all objections to the exercise of jurisdiction over you by such courts and to the venue in such courts.
THE PARTIES AGREE TO LITIGATE SOLELY ON AN INDIVIDUAL BASIS, AND THAT THESE TERMS OF USE DO NOT PERMIT CLASS ACTION LITIGATION, OR ANY CLAIMS BROUGHT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE PROCEEDING. THE COURT MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A CLASS OR REPRESENTATIVE PROCEEDING.
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE PARTIES HEREBY UNCONDITIONALLY, IRREVOCABLY, AND EXPRESSLY WAIVE ANY RIGHT TO A TRIAL BY JURY IN ANY ACTION, SUIT OR PROCEEDING ARISING IN CONNECTION WITH THE SERVICES OR THESE TERMS OF USE.
ANY CLAIM OR CAUSE OF ACTION YOU MAY HAVE AGAINST ANY PERSON ARISING OUT OF OR RELATING TO THESE TERMS OF USE OR THE SERVICES MUST BE COMMENCED WITHIN ONE (1) YEAR AFTER THE CAUSE OF ACTION ACCRUES, OTHERWISE, SUCH CAUSE OF ACTION OR CLAIM IS PERMANENTLY BARRED.
No waiver by the Company of any term or condition set out in these Terms of Use shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of Company to assert a right or provision under these Terms of Use shall not constitute a waiver of such right or provision.
If any provision of these Terms of Use, or any part of any such provision, is held by a court or other tribunal of competent jurisdiction to be invalid, illegal or unenforceable, such provision shall be deemed to be deleted or limited to the minimum extent such that the remaining provisions of the Terms of Use will continue in full force and effect.
The Terms of Use and our Privacy Policy constitute the entire agreement between you and Company regarding the Services and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Services.
All Feedback, comments, requests for technical support, and other communications relating to the Services should be directed to: admin@neutrl.xyz.