Terms of Service

1. Agreement to Terms

By accessing or using our crypto-backed credit services ("Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use our Services.

These Terms constitute a legally binding agreement between you and our company regarding your use of the Services. You represent that you are at least 18 years old and have the legal capacity to enter into this agreement.

2. Description of Services

We provide crypto-backed credit services that allow you to deposit cryptocurrency as collateral and receive a line of credit. Our Services include:

• Cryptocurrency collateral deposit and custody
• Credit line issuance based on collateral value
• Credit card issuance for spending your credit line
• Collateral management and monitoring
• Repayment processing

3. Eligibility

To use our Services, you must:

• Be at least 18 years of age
• Be a resident of a jurisdiction where our Services are available
• Complete our identity verification (KYC) process
• Not be on any sanctions lists or prohibited persons lists
• Have the legal capacity to enter into binding contracts

4. Collateral and Credit Line

When you deposit cryptocurrency as collateral, you retain ownership of those assets subject to our security interest. The amount of credit available to you depends on the value and type of collateral deposited, subject to our loan-to-value (LTV) ratios.

You acknowledge that cryptocurrency values are volatile and that your collateral value may decrease, potentially triggering margin calls or liquidation. You are responsible for monitoring your collateral ratio and maintaining adequate collateral.

5. Liquidation

If your collateral ratio falls below the required maintenance level, we may liquidate some or all of your collateral to repay your outstanding balance. Liquidation may occur automatically and without prior notice during periods of high market volatility.

You acknowledge and agree that liquidation is a necessary risk management measure and that we are not liable for losses resulting from liquidation.

6. Interest and Fees

You agree to pay interest on your outstanding balance at the rates disclosed at the time of borrowing. Interest rates may be variable and subject to change with notice. Additional fees may apply for certain transactions or services as disclosed in our fee schedule.

7. Repayment

You may repay your outstanding balance at any time using supported cryptocurrencies (including stablecoins) or fiat currency. There are no penalties for early repayment. You remain responsible for your outstanding balance until fully repaid.

8. Risks

You acknowledge that using our Services involves significant risks, including but not limited to:

• Market volatility and potential loss of collateral
• Liquidation risk
• Technology and security risks
• Regulatory risks
• Interest rate changes

Please review our Risk Disclosures for detailed information about these risks.

9. Privacy

Your privacy is important to us. Please review our Privacy Policy to understand how we collect, use, and protect your personal information.

10. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or other intangible losses, resulting from your use of our Services.

11. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the United States and the State of Delaware, without regard to conflict of law principles.

12. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on our website with a new "Last Updated" date. Your continued use of the Services after such changes constitutes acceptance of the modified Terms.

13. Contact Information

If you have questions about these Terms, please contact us through our Contact page.