Terms of Use
Terms of Use
[Last updated: Apr 29, 2024]
Please read these Terms of Use ("Terms") carefully before using Vicuna Finance platform (hereinafter referred to as "the platform"). By accessing or using the platform, you agree to be bound by these Terms, including any additional guidelines and future modifications. If you do not agree with these Terms, you should not use the platform. Your use of Vicuna Finance indicates your acceptance and agreement to comply with these Terms.
Access to the platform
Eligibility: You must be of legal age in your jurisdiction to access or use the platform. By using the platform, you confirm that you meet the eligibility criteria. If you are not of legal age, you are not permitted to access or use the platform.
Compliance: You agree to comply with all applicable laws and regulations while using the platform. By accessing or using the platform, you represent that you are not located in, incorporated, or established in, or a citizen or resident of the Prohibited Jurisdictions.
(“Prohibited Jurisdiction” means any of the following jurisdictions and territories: the Republic of Cuba, the Democratic People's Republic of North Korea, South Sudan, Islamic Republic of Iran, Syrian Arab Republic, the People’s Republic of China, United States of America (including its territories: American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), the Crimea Region of Ukraine and Sevastopol, Donetsk People’s Republic and Luhansk People’s Republic regions of Ukraine, and any jurisdiction in which the use of the Platform is prohibited by applicable laws or regulations.)
Platform usage
Risks: You understand and acknowledge that using the platform involves certain risks, including financial risks. Features such as leveraged yield farming, lending, and other functionalities provided by Vicuna Finance may result in potential risks. You agree to use the platform at your own risk, and Vicuna Finance shall not be held liable for any losses incurred during your use of the platform.
Personal Responsibility: You are solely responsible for any decisions and actions you take while using the platform. Vicuna Finance does not provide financial advice; any information provided on the platform is for informational purposes only.
Intellectual Property
Ownership: The platform and all its content, including but not limited to text, graphics, logos, images, and software, are the property of Vicuna Finance or its licensors and are protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to use the platform solely for personal and non-commercial purposes.
Restrictions: You shall not reproduce, modify, distribute, sell, or lease any part of the platform without prior written consent from Vicuna Finance.
Changes to the Platform and Terms
Updates: Vicuna Finance reserves the right to modify, suspend, or discontinue any part of the platform, including features, functionalities, and services, without prior notice.
Updates to Terms: Vicuna Finance may update these Terms from time to time. The updated Terms will be effective upon posting on the platform, and your continued use of the platform after the changes signify your acceptance of the revised Terms.
Disclaimer
Vicuna Finance operates as a lending and borrowing protocol, facilitating leveraged yield farming on the Sonic blockchain. Lenders can earn yields on their tokens, while borrowers gain access to capital-efficient, undercollateralized loans for leveraged yield farming positions. The platform leverages integrated exchanges' liquidity layers, linking LP borrowers and lenders to enhance capital efficiency within the ecosystem. Your use of the VicunaFinance involves various risks, including, but not limited to, losses while digital assets are being supplied to Vicuna Finance and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool. Before using Vicuna Finance, you should review the relevant documentation to ensure you understand how VicunaFinance works. Additionally, just as you can access email protocols such as SMTP through multiple email clients, you can access the Vicuna Finance Dapp through dozens of web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.
Vicuna Finance IS PROVIDED "AS IS", AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND. Vicuna Finance is not owned by anyone, it is run by smart contracts deployed on multiple blockchains. No developer or entity involved in creating the Vicuna Finance Dapp will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Vicuna Finance Dapp, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value.
Risk Statement
Neither Vicuna Finance nor any of its contributors, developers, or partners will be responsible for any losses, damages, gains, or claims arising from the following:
(1) Mistakes made by users of software or services developed by Vicuna Finance, e.g., forgotten passwords, payments sent to wrong addresses, and accidental deletion of wallets.
(2) Software problems of the Website and/or any Vicuna Finance-related software or service, e.g., corrupted wallet file, incorrectly constructed transactions, unsafe cryptographic libraries, malware affecting the Website and/or any Vicuna Finance-related software or service.
(3) Technical failures in the user's hardware of any Vicuna Finance-related software or service, e.g., data loss due to a faulty or damaged storage device.
(4) Security problems experienced by the user of any Vicuna Finance-related software or service, e.g., unauthorized access to users' wallets and/or accounts.
(5) Actions or inactions of third parties and/or events experienced by third parties, e.g., the bankruptcy of service providers (e.g. on-chain oracles), information security attacks on service providers, and fraud conducted by third parties.
Limitation of Liability
In no event shall the owners of, or contributors to, the Website and Vicuna Finance-developed software or services be liable for any damages of any kind, including, but not limited to, loss of use, loss of profits, or loss of data arising out of or in any way connected with the use of the Website or any Vicuna Finance's services.
Please note that this document might be subject to change in the future, at any time, without prior notice.
Contact us
If you have any questions or concerns about these Terms or the platform, please contact us at contact.us@vicunafinance.com.
By using Vicuna Finance, you acknowledge that you have read, understood, and agreed to these Terms of Use.
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