Disclaimer

LENX Disclaimer

Welcome to LENX

LENX hereby extends its services to you, subject to the Terms of Service delineated herein. These services encompass a broad array of decentralized finance (DeFi) tools and applications, leveraging blockchain technology to facilitate innovative interactions with digital assets. Your access to and use of the platform are conditioned upon your acceptance of and compliance with these Terms.

1. Platform Access and Use

1.1 The platform grants you access to its suite of services, including but not limited to, informational resources, application interfaces, and direct blockchain interaction tools, contingent upon your adherence to the Terms of Service, Privacy Policy, and any supplemental terms or policies promulgated by the platform.

1.2 The platform endeavors to furnish users with comprehensive insights into DeFi protocols and blockchain technology, serving as a conduit to the expansive landscape of digital finance.

1.3 Prior to engaging with the platform's services, users are implored to undertake rigorous due diligence and seek consultation from financial advisory services to fully comprehend the risks and potential rewards associated with digital asset transactions.

2. User Obligations

2.1 Access to and use of the platform's services are predicated upon the user's capacity to enter into legally binding contracts under applicable law and compliance with age restrictions.

2.2 Users are prohibited from utilizing the platform for any unlawful purposes or in any manner that contravenes the rights and safety of others or the operational integrity of the platform.

3. Intellectual Property

3.1 The platform, including all content, graphical elements, and software, is the exclusive property of LENX or its licensors and is protected under copyright and intellectual property laws.

3.2 Users are hereby granted a non-exclusive, revocable license to access and utilize the platform's content and tools for personal, non-commercial purposes, in accordance with these Terms.

4. Risk Disclosure

4.1 The nature of blockchain technologies and digital assets entails inherent risks, including significant price volatility and regulatory uncertainty. Users should be cognizant of these risks and approach digital asset transactions with caution.

4.2 The platform utilizes smart contracts and related technologies that are in developmental stages, carrying potential risks of vulnerabilities and coding errors. Users engage with these technologies at their own risk.

5. Arbitration and Dispute Resolution

5.1 In the event of a dispute arising from or related to the Terms of Service or the use of the platform, such disputes shall be resolved through binding arbitration in accordance with the rules of a designated arbitration body.

5.2 The interpretation and enforcement of these Terms, and any disputes arising therefrom, shall be governed by the laws of the jurisdiction in which the platform's headquarters are located.

6. Amendments to Terms

6.1 The platform reserves the right to amend or revise these Terms at any time. Users' continued access to or use of the platform following the posting of any changes to the Terms constitutes acceptance of those changes.

7. Limitation of Liability

7.1 The platform and its services are provided on an "as is" and "as available" basis without warranties of any kind. The platform disclaims all liability for damages or losses arising from the use of its services.

7.2 The platform shall not be liable for any indirect, incidental, consequential, or punitive damages arising from the use of, or inability to use, the platform's services.

8. User Account Security

8.1 Users bear sole responsibility for the security of their account information and private keys. The platform is not liable for losses incurred due to unauthorized access or use of a user's account.

8.2 It is incumbent upon users to take prompt action to secure their account in the event of any security breach or unauthorized access.

9. Compliance with Local Laws

9.1 Users are responsible for ensuring that their use of the platform complies with all applicable laws and regulations within their jurisdiction.

9.2 The platform may restrict access to its services in jurisdictions where such access or use violates local laws or regulations.

10. Privacy Policy

10.1 The platform's collection, use, and sharing of personal information are governed by its Privacy Policy, which is incorporated into these Terms by reference.

10.2 By using the platform's services, users consent to the processing of their personal information as outlined in the Privacy Policy.

11. No Investment Advice

11.1 The platform does not provide investment, financial, or trading advice. All content and tools are provided for informational and educational purposes only.

11.2 Users assume full responsibility for any investment decisions and should be aware that investments in digital assets may result in partial or total loss.

12. Tax Compliance

12.1 Users are responsible for determining any tax liabilities incurred from transactions conducted on the platform and for complying with all applicable tax laws and regulations.

12.2 The platform does not provide tax advice or assistance with tax reporting.

13. Termination of Services

13.1 The platform reserves the right to terminate or suspend access to its services for users who violate these Terms.

13.2 Users may discontinue their use of the platform's services at their discretion.

14. Governing Law

14.1 These Terms shall be governed and construed in accordance with the laws of the jurisdiction in which the platform operates, without regard to its conflict of law provisions.

15. Smart Contract Interactions

15.1 The platform provides interfaces for engaging with blockchain-based smart contracts, which are immutable once executed and may require the payment of network transaction fees.

15.2 Users acknowledge that the platform is not liable for the execution of smart contracts, which are conducted directly on the blockchain.

16. Nature of Digital Tokens

16.1 Digital tokens facilitated by the platform are not to be construed as securities, investments, or traditional currencies. They represent digital entries on a blockchain ledger.

16.2 Users acknowledge the speculative nature of digital tokens and assume all risks associated with the ownership and transaction of such tokens.

17. Decentralized Finance (DeFi) Nature

17.1 The platform operates within the DeFi sector, emphasizing the importance of user autonomy and the decentralized nature of its services.

17.2 Users engaging with DeFi protocols via the platform must be knowledgeable about blockchain technology and prepared to assume the risks of such engagement.

18. No Expectation of Profits

18.1 Users acknowledge that the platform does not guarantee any form of profits or returns from the use of its services. Any financial gains or losses are the result of market forces and the user's independent actions.

19. Compliance and Regulatory Consideration

19.1 Users are solely responsible for adhering to all applicable laws and regulations concerning the use of blockchain and DeFi services.

19.2 The platform encourages users to remain informed about the regulatory environment pertaining to digital assets in their jurisdiction.

20. Acknowledgment of Risks

20.1 By using the platform, users acknowledge the inherent risks associated with blockchain technology, smart contracts, and digital tokens.

20.2 The platform aims to provide educational resources but cannot eliminate the risks inherent to digital asset transactions.

21. Limitations on Liability

21.1 The platform shall not be held liable for any direct or indirect losses incurred by users as a result of engaging with the platform's services.

21.2 Users agree that the platform's liability is limited to the greatest extent permitted by law.

22. Provision of Software and Maintenance

22.1 The platform offers software tools under a license agreement, which users are obliged to update to maintain functionality and security.

22.2 Users are responsible for adhering to software update requirements, and the platform disclaims liability for losses resulting from the use of outdated or unsupported software versions.