Platform Terms
Terms of Service
Loof Fi ("we," "our," or "us") provides a decentralized finance (DeFi) platform that allows users ("you" or "your") to engage in various financial activities using blockchain technology. By accessing or using the Loof Fi platform ("Platform"), you agree to comply with and be bound by these Terms of Service ("Terms"). If you do not agree with these Terms, please refrain from using our Platform.
1. Eligibility
You must be at least 18 years old to use the Platform. By accessing or using the Platform, you represent and warrant that you:
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Are of legal age to form a binding contract.
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Have not been previously suspended or removed from using the Platform.
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Are not identified as a restricted person under applicable laws.
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Are not located in, or a citizen or resident of, any jurisdiction where the Platform is prohibited by law.
2. Risk Disclosure
Engaging with the Platform involves significant risks, including but not limited to:
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Smart Contract Risks: While our smart contracts are designed to be secure, unforeseen vulnerabilities may exist.
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Volatility: Cryptocurrency markets are highly volatile, and users may experience substantial losses, including the complete loss of assets.
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Protocol Risks: The Platform interacts with third-party DeFi protocols, which may have their own risks and vulnerabilities.
You acknowledge and accept these risks and agree that you are solely responsible for conducting your own research and assessing the risks before interacting with the Platform.
3. Non-Custodial Service
Loof Fi operates as a non-custodial platform, meaning we do not hold, manage, or control user assets directly. You are solely responsible for the management of your private keys, digital wallets, and any assets associated with your account. We do not have access to your private keys and cannot assist in the recovery of lost or stolen assets. The security and protection of your private keys and wallets are entirely your responsibility.
4. Compliance with Local Laws
It is your responsibility to ensure that your use of the Platform complies with all applicable local and international laws, including tax obligations and regulatory requirements relevant to cryptocurrency transactions and investments. We make no representations that the services offered by the Platform are appropriate or available for use in all jurisdictions.
5. Modifications and Updates
We reserve the right to modify or update these Terms at any time. All changes will be effective immediately upon posting on the Platform. Your continued use of the Platform after any changes indicates your acceptance of the updated Terms. We encourage users to review these Terms periodically.
6. No Warranties
The Platform is provided on an "as is" and "as available" basis. We make no warranties regarding the availability, functionality, or security of the Platform. We disclaim any responsibility for disruptions, errors, or issues in the service.
7. Limitation of Liability
To the fullest extent permitted by applicable law, Loof Fi, its affiliates, and its developers shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses, resulting from (i) your use or inability to use the Platform; (ii) any unauthorized access to or use of our servers and/or any personal information stored therein; or (iii) any other matter relating to the Platform.
8. Termination of Service
We reserve the right to suspend or terminate access to the Platform at any time, for any reason, including violations of these Terms. Any such termination may occur without prior notice.
9. Contact Us
If you have questions or concerns about these Terms, please contact us:
Email: [email protected]
By using the Platform, you acknowledge that you have read and understood these Terms and agree to be bound by them.