Terms of Service & Disclaimer
LENDR.FI — TERMS OF SERVICE
Welcome to https://lendr.fi (the “Website”). These Terms of Service (“Terms”) is made and entered into by and between you (“you”, “User”) and Lendr Labs, Inc (the “Company”, “us”, “we”, or “our”). These Terms govern your access to and use of the Website and any products, materials, and services provided by or on the Website (collectively, “the Service”).
By accessing or using the Service, you agree to be bound by these Terms. If you do not agree to these Terms, you must not use the Service. Please note that if you do not accept these Terms, you will not be able to use the Services. You also agree, by using the Services and accepting this Terms and our Privacy Policy.
If you use the Services on behalf of a company or other entity, then “you” includes you and that entity, and you represent and warrant that (a) you are an authorized representative of the entity with the authority to bind the entity to these Terms, and (b) you agree to these Terms on the entity's behalf.
1. Eligibility
Age Requirements
To be eligible for our Service, you must be at least 18 years old, or the age of majority in your province or territory of residence. By accessing the Service, you represent that you meet this requirement.
Geographic Restrictions
The Services are not available to users located in, incorporated in, or ordinarily resident in the United States, residents of OFAC-sanctioned countries and other comprehensively sanctioned jurisdictions, users from prohibited jurisdictions where DeFi services are restricted or other jurisdictions where our Service could be deemed regulated without authorization.
Company uses geofencing and IP blocking to enforce these restrictions. Attempting to bypass geo-restrictions (e.g., via VPNs) is a material breach of these Terms.
The list of restricted jurisdictions may be updated periodically and the Service may become unavailable in additional jurisdictions without prior notice due to regulatory changes. Continued use after such changes constitutes acceptance of the updated restrictions.
By using the Service, you confirm that you are not in a restricted jurisdiction at the time of access and agree to comply with all applicable laws.
If you are unsure whether your location is restricted, consult legal counsel before accessing the Service.
Some or all of the Services described on the Website may be also restricted to certain types of sophisticated, accredited or qualified investors.
KYC and Access Controls
Access to Services requires Know Your Customer (KYC) and Anti-Money Laundering (AML) verification, performed by approved third-party providers.
By accessing or using the Services, you represent and warrant that you meet all the foregoing eligibility requirements. You also represent and warrant that you have the right, authority, and capacity to enter into these Terms on your behalf or the entity or organization that you represent. If you do not meet all these requirements, you may not use or access the Services.
2. Nature of the Service
The Lendr Protocol (“Protocol”) is a decentralized, non-custodial system of autonomous smart contracts deployed on the blockchain, designed to tokenize real-world assets (RWAs).
No entity, including the Company, controls user funds, modifies contract logic, or censors transactions. The Company only provide auxiliary services, such as supporting the open-source frontend interface.
We do not provide financial, investment, legal, tax, brokerage, or custodial services.
We do not hold or control your crypto assets. You retain full control of your private keys and assets unless otherwise explicitly agreed in writing with a third-party custodian. Third-party custodians and trading counterparties are independently regulated and audited.
The Protocol operates via immutable smart contracts deployed initially on Ethereum, BNB Chain, and Avalanche networks. These contracts are based on open-source, audited frameworks. However, all blockchain systems carry inherent risks, including but not limited to:
Smart contract vulnerabilities or exploits, despite audits;
Network congestion or transaction failures;
Oracle inaccuracies affecting liquidations;
Loss of access due to private key mismanagement.
Users interact directly with these contracts and assume full responsibility for their transactions.
The Company may, at its sole discretion, expand support to additional Layer 1 (L1) protocols without prior notice. Users are solely responsible for verifying compatibility of their wallets and assets with new networks.
The Company does not guarantee uninterrupted, error-free, or secure access to the Service and shall not be liable for any disruptions, security breaches, or loss of data. Users acknowledge that blockchain-based transactions are irreversible and final.
Protocol risks include:
Bridge vulnerabilities for cross-chain operations
Governance token volatility affecting system parameters
Front-running risks in decentralized exchanges.
The Protocol maintains a treasury funded by protocol fees and reserves, which may be deployed in delta-neutral strategies executed by licensed third parties. These operations:
Exclusively Use Protocol-Owned Assets: No user funds (including RWA tokens) are utilized in these strategies.
Yield Allocation: Generated revenue is directed to Protocol maintenance and development, not user distributions.
3. Real-World Asset (RWA) Tokens
RWA tokens are synthetic digital representations of economic exposure to underlying assets (including stocks/ETFs), held by regulated third-party custodians.
These tokens:
Are not equity, debt, or ownership instruments
Do not provide voting/dividend rights
May be subject to redemption delays or suspensions
May be deemed securities in your jurisdiction. Consult legal counsel before use. Redemption Terms
Redemptions are processed in USDL at the current market value of the underlying asset.
The Protocol reserves the right to:
Impose minimum lock-up periods
Suspend redemptions during market disruptions
Adjust valuation methodologies.
Regulatory Status
RWA tokens are not securities or investment contracts.
The Service:
Does not hold securities licenses (e.g., SEC, MiFID)
Is not responsible for custodial defaults or asset devaluations.
The Company reserves the right to:
Immediately suspend RWA token trading if required by regulators;
Implement mandatory redemption procedures;
Delist assets deemed non-compliant.
Users acknowledge they may lose access to certain products without notice.
Risk Disclosures
By using RWA tokens, you acknowledge:
Counterparty risk (custodian insolvency)
Valuation risk (discrepancies between token price and underlying asset value)
Regulatory risk (potential access restrictions)
Market risk (token value may diverge from the underlying asset due to liquidity, oracle delays, or volatility);
No guaranteed returns: the Company does not control, endorse, or guarantee returns. Returns are subject to prevailing market conditions and third-party actions beyond our control.
4. Fees and Revenue
Users may be subject to staking and unstaking fee, performance fees on automated strategies and other usage-based protocol fees associated with the use of Service.
We reserve the right to adjust fees, with reasonable notice provided to users.
All fees are non-refundable except where required by applicable law. All fees are transparently disclosed where applicable. The Company may update fee structures at its discretion.
The Protocol utilizes third-party custodians and trading counterparties to execute delta-neutral strategies. While these strategies generate yield for the Protocol's treasury, users do not participate in such earnings unless explicitly stated in product terms. All revenue-sharing mechanics (if any) will be separately disclosed.
5. User Responsibilities
Wallet Security
You are solely responsible for safeguarding your private keys and wallet credentials. The Company has no access to your wallet and cannot recover lost keys.
Compliance with Laws
You are solely responsible for complying with the laws of your local jurisdiction. You may not use the Service if such use violates applicable laws or regulations, including sanctions laws.
Prohibited Uses
You agree not to use the Service for illegal activities, including but not limited to: money laundering, terrorist financing, fraud, or the distribution of illicit content.
6. No Fiduciary or Advisory Relationship
The Company does not provide legal, financial, or investment advice. Your use of the Services is entirely at your own risk. The Company assumes no fiduciary duty to you, and no communications constitute legal or financial guidance.
7. Data and Privacy
The Company collects and processes only the data necessary for Service operation, as outlined in our Privacy Policy.
We take reasonable measures to secure user data but cannot guarantee absolute security. Users should employ best security practices to protect their personal information. Users acknowledge that blockchain transactions are publicly visible.
8. Intellectual property
You acknowledge that all intellectual property rights, including copyrights, trademarks, trade secrets, and patents, in the Services and its contents, features, and functionality (collectively, the “Content”), are owned by the Company, its licensors, or other providers of such material. The Content is protected by law of international intellectual property or proprietary rights laws. Neither these Terms nor your access to the Services transfers to you any right, title, or interest in or to such intellectual property rights. Any rights not expressly granted hereby are reserved by the Company and its licensors. Unauthorized use, reproduction, or distribution is strictly prohibited.
You retain ownership of content you submit but grant the Company a worldwide, non-exclusive license to use, modify, and display such content solely for operating the Services. This license terminates upon your deletion of the content, except where retention is necessary for legal compliance or blockchain immutability.
9. Assumption of Risk
The information presented on or through the Website is made available for general information purposes only. The Company does not warrant the accuracy, completeness, suitability or quality of any such information. Any reliance on such information is strictly at your own risk. The Company disclaims all liability and responsibility arising from any reliance placed on such information by you or any other user to the Services, or by anyone who may be informed of any of its contents.
Users specifically acknowledge the risk of:
Impermanent loss in liquidity pools
Smart contract exploits despite audits
Governance attacks on the Protocol
Cross-chain risks: Bridging assets or interacting with the Protocol on new networks may expose users to vulnerabilities specific to those chains (e.g., consensus failures, validator centralization, or untested smart contract environments).
10. Disclaimers and Limitation of Liability
No Warranty
The Service is provided “as is” and “as available,” without warranties of any kind. The Company disclaims all warranties, express or implied, including fitness for a particular purpose and non-infringement.
Company makes no warranties regarding:
Continuous Service availability
Accuracy of price feeds or oracle data
Finality of cross-chain transactions.
No Guarantee of Performance or Yield
Staking strategies and synthetic products involve risk. Past performance does not guarantee future results. You may lose the full value of your assets.
Limitation of Liability
To the maximum extent permitted by law, the Company its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, or consequential damages, including loss of funds, arising from use of the Services.
To the extent permitted by applicable law, the Company’s total liability for any claims arising under these Terms shall not exceed the fees paid by you to the Company in the preceding 12 months. This limitation does not apply: (a) In jurisdictions where such exclusions are prohibited; (b) To cases of gross negligence, willful misconduct, or fraud by the Company.
The Company makes no warranties or representations regarding the accuracy, reliability, or suitability of its Services. Users assume full risk when interacting with blockchain-based services. In no event shall Company’s total liability exceed the amount paid by the user, if any, for accessing the Service.
In no event shall Company be liable for:
Losses due to third-party integrations (oracles, bridges)
Regulatory actions affecting asset availability
Force majeure events including network outages
Losses arising from RWA token market risks outlined in Section 3.
Users expressly acknowledge that:
RWA token economics are driven by external market factors beyond Lendr’s influence;
Delta-neutral strategy yields constitute protocol-owned liquidity, not user-directed investments.
11. Amendments and Termination
The Company reserves the right to amend these Terms at any time. Updates will be posted on the Website. Continued use of the Service after updates constitutes acceptance of the revised Terms.
The Company may suspend or terminate access to the Services at any time, without notice, for any reason, including suspected violations of these Terms or if illicit activity is suspected.
12. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with English law, without regard to its conflict of law principles.
Any disputes arising under or relating to these Terms shall be subject to binding arbitration under the Rules of the London Court of International Arbitration (LCIA). The arbitration shall be conducted by a single arbitrator appointed in accordance with the LCIA Rules. The seat of arbitration shall be London, England, and the language of the proceedings shall be English. The Users waive any right to participate in class actions or consolidated claims.
Disclaimer
Lendr tokens are not investment products and should not be considered as such. The tokens do not provide rights to profits or any other investment-related entitlements. They are designed for utility within the platform and for participation in market trends without directly investing in underlying assets. Please carefully read and understand the following disclaimer before using or engaging with the Lendr Network project, its applications, or any related services.
Not Financial Advice: The information provided in this GitBook, including any whitepapers, project documentation, websites, or communications from the Lendr Network team, is for informational purposes only and should not be considered as financial advice. The Lendr Network team and contributors are not financial advisors, and the content presented here should not be construed as an offer, solicitation, or recommendation to buy, sell, or hold any assets or financial instruments.
Inherent Risks: Participating in the Lendr Network ecosystem involves substantial risk, including but not limited to market risks, regulatory risks, technological risks, and security risks. Cryptocurrencies and blockchain projects can experience significant price volatility and may lead to the loss of funds. You are solely responsible for your purchase decisions and should conduct thorough research and seek advice from a qualified financial professional if needed.
No Guarantees: While the Lendr Network team endeavors to provide accurate and up-to-date information, we make no warranties or representations concerning the completeness, accuracy, reliability, or suitability of any information presented in this GitBook or related materials. The project's development is subject to change, and any statements about future developments, features, or outcomes are forward-looking and may not be realized.
Regulatory Compliance: Cryptocurrencies and blockchain projects, including the Lendr Network, are subject to regulatory requirements in various jurisdictions. Users are responsible for complying with the relevant laws and regulations applicable to their region concerning the use, ownership, or trading of cryptocurrencies. The Lendr Network team disclaims any liability for non-compliance with regulatory requirements.
Security Precautions: Using cryptocurrencies involves managing private keys and digital assets, which must be handled with care. Users should be aware of potential security risks, such as phishing attacks, malware, or other cyber threats. It is essential to take appropriate security measures and use trusted platforms and wallets to protect your funds. And while the Lendr project has implemented various safety mechanisms and security measures, there is always a potential risk of bugs, vulnerabilities, or hacks, as with any decentralized protocol. The team is committed to conducting audits, maintaining multi-signature wallets, and utilizing a bug bounty program to enhance the security of the platform. However, it's important to note that no system can be completely immune to risks, and users should exercise caution and stay informed.
Third-Party Links: This GitBook may contain links to external websites or resources not controlled by the Lendr Network team. We do not endorse, monitor, or assume responsibility for the content, privacy policies, or practices of any third-party sites or services.
Token Use and Utility: Any tokens or digital assets associated with the Lendr Network project are designed for specific purposes within the ecosystem. The value of tokens may fluctuate, and they should not be considered as an investment in a traditional sense.
By accessing or using the Lendr Network GitBook or participating in the project, you acknowledge and agree to the terms of this disclaimer. If you do not agree with any part of this disclaimer, please refrain from using the Lendr Network ecosystem and its associated services.
The Lendr Money Back Guarantee is limited to a single use per customer. Identity verification may be necessary to ensure the system is used by new users only. Lendr reserves the right to end the Lendr Money Back Guarantee program at any time, and to refuse/exclude users from the program for any or no reason, including suspicion of attempting to exploit the system. The program is offered out of goodwill and may not always be available due to financial constraints of the company or other reasons. Please only choose to spend what you can lose, as the system is not a safeguard against other potential Defi risks and does not represent any form of insurance or assurance or safety or financial gain. Lendr is not obligated to inform the community or the public if the program has closed or paused.
Lendr Referral Programs Disclaimer
Welcome to Lendr's Referral Programs! By participating in any of our referral programs, including the Launch Referral Program, the Trove Referral Program, and the Affiliate Referral Program, you agree to comply with the following terms and conditions. Please read this disclaimer carefully before joining any of our programs.
Earnings Disclaimer:
Earnings Potential: Lendr offers referral programs that allow participants to earn rewards based on specific criteria. While we provide opportunities for participants to earn rewards, we make no guarantees or representations regarding the amount of rewards you can expect to receive. Your rewards are dependent on various factors, including the actions of your referrals and your adherence to program requirements.
Varied Rewards: The reward structure in our referral programs is designed to reward participants based on their referrals' actions and adherence to program requirements. Rewards may vary among participants, and some may earn more than others based on their referral's actions.
No Reward Guarantee: Participating in our referral programs does not guarantee a specific level of rewards or financial gain. Rewards are not fixed or guaranteed and may fluctuate based on various factors beyond our control.
Launch Referral Program Requirements:
Referral Action: To qualify for the Launch Referral Program, both the referrer and the referee must join our presale and purchase a specified amount of tokens.
Token Holding: Additionally, both the referrer and the referee must hold the purchased tokens for a minimum of 7 days.
Trove Referral Program Requirements:
Trove Opening: To qualify for the Trove Referral Program, both the referrer and the referee must open a trove with a specified minimum amount of tokens.
Token Holding: Both the referrer and the referee must hold the tokens in the trove for a minimum of 7 days.
Affiliate Referral Program Requirements:
Referral Action: The Affiliate Referral Program allows you to earn a share of the profits generated by users you refer to our presales. To qualify, you must refer a minimum of 10 users who purchase tokens in the presale who buy in a combined at least 1+ BNB.
Responsibility of Participants:
Accurate Promotion: Participants are responsible for promoting our programs accurately and in accordance with the program requirements. Misleading or deceptive promotion is strictly prohibited and may result in the disqualification of participants and the forfeiture of rewards.
Compliance: Participants must comply with all applicable laws and regulations, including but not limited to those related to advertising, privacy, and consumer protection.
No Investment Required: Participation in our referral programs does not require any financial investment. You should not make any financial commitments or promises on our behalf.
Customer Support: Participants are not responsible for providing customer support to referrals. All customer inquiries, issues, or requests should be directed to Lendr's customer support team.
Modification and Termination:
Lendr reserves the right to modify, suspend, or terminate any of the referral programs at any time, for any reason, without notice. We also reserve the right to disqualify participants who violate these terms or engage in improper or unethical behavior.
Disclaimer Acceptance:
By participating in any of the Lendr Referral Programs, you acknowledge that you have read, understood, and agreed to the terms and conditions outlined in this disclaimer. You also understand that your rewards as a participant are not guaranteed and may vary based on your referrals' actions and adherence to program requirements.
Please contact us if you have any questions or concerns regarding our referral programs or this disclaimer.
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