DMF Terms and Conditions
Effective Date: 10-DEC-2024
Introduction
Welcome to the DMF Ecosystem! These Terms and Conditions ("Terms") govern your use of our website, applications, and services, including but not limited to the DMF Swap App, Treasury Refund, and related modules (collectively, "Services"). By accessing or using the Services, you agree to comply with these Terms. If you do not agree, please discontinue your use of the Services immediately.
1. Definitions
1.1 "DMF Ecosystem" refers to the decentralized platform, including its tools, modules, and applications, operated on the Stellar blockchain.
1.2 "User" refers to any individual or entity accessing or using the Services.
1.3 "DMF Token" refers to the utility token issued and managed within the DMF Ecosystem.
1.4 "Treasury" refers to the XLM-backed repository supporting the value of DMF tokens.
1.5 "Services" include but are not limited to the DMF Swap App, Treasury Refund mechanism, and related features.
2. Acceptance of Terms
By using the Services, you confirm that you:
- Are at least 18 years old or the legal age of majority in your jurisdiction.
- Have the authority to enter into these Terms.
- Understand that all blockchain transactions are irreversible and acknowledge the risks associated with decentralized finance (DeFi).
3. Non-Custodial and Decentralized Nature
3.1 The DMF Ecosystem operates on a non-custodial basis. Users retain full control of their private keys and assets.
3.2 The platform does not store or manage private keys, funds, or personal data, except as specified in the Privacy Policy.
3.3 All transactions occur on the Stellar blockchain, and users are solely responsible for ensuring the security of their accounts.
4. Disclaimer of Financial Advice
4.1 The DMF Ecosystem is a technology platform. It does not provide financial, investment, or legal advice.
4.2 Users are responsible for conducting their own due diligence and assuming the risks associated with cryptocurrency transactions.
4.3 The DMF Ecosystem makes no guarantees regarding token value, rewards, or the outcomes of transactions.
5. Token Usage and Transactions
5.1 DMF Token Utility:
DMF tokens are utility tokens within the ecosystem and are not to be considered securities, investments, or legal tender.
5.2 Treasury Refund Mechanism:
Users may exchange DMF tokens for XLM by sending tokens to the designated Treasury address, where they are burned.
Refunds are calculated based on Treasury holdings and circulating DMF supply, as detailed on the DMF website.
5.3 Transaction Finality:
All blockchain transactions are irreversible. Users are responsible for verifying the accuracy of transaction details before execution.
5.4 Fees:
The DMF Ecosystem may impose transaction fees for Services. These fees are transparently displayed and non-refundable.
6. Prohibited Activities
Users agree not to:
6.1 Engage in fraudulent, illegal, or unethical activities.
6.2 Exploit vulnerabilities, including but not limited to security flaws, bugs, or loopholes, in the ecosystem.
6.3 Use automated tools (e.g., bots) to manipulate Services or engage in excessive transactions that may disrupt the platform.
6.4 Impersonate another user or entity.
7. Intellectual Property
7.1 All content, branding, and materials related to the DMF Ecosystem are protected under applicable intellectual property laws.
7.2 Users may not reproduce, distribute, or create derivative works from DMF Ecosystem materials without explicit written consent.
7.3 The DMF Ecosystem does not claim ownership over user-generated content but reserves the right to use such content for promotional purposes.
8. Limitation of Liability
8.1 The DMF Ecosystem provides Services "as is" and "as available" without warranties of any kind, either express or implied.
8.2 The DMF Ecosystem is not liable for:
- Losses resulting from blockchain delays, network congestion, or system outages.
- Loss of private keys, funds, or unauthorized account access.
- Any indirect, incidental, or consequential damages arising from the use of Services.
8.3 Users agree to indemnify and hold harmless the DMF Ecosystem from any claims, losses, or damages arising from their use of the platform.
9. Modifications to Services
The DMF Ecosystem reserves the right to:
9.1 Modify, suspend, or discontinue any part of the Services without prior notice.
9.2 Update these Terms at any time. Users will be notified of significant changes via the DMF website or official channels.
Continued use of the Services constitutes acceptance of updated Terms.
10. Third-Party Services
The DMF Ecosystem reserves the right to:
10.1 The DMF Ecosystem may integrate third-party services, including wallets and decentralized exchanges.
10.2 Users acknowledge that third-party platforms are governed by their own terms and policies,
and the DMF Ecosystem is not responsible for third-party actions or omissions.
11. Governing Law and Dispute Resolution
11.1 These Terms are governed by the laws of the jurisdiction in which the user resides or accesses the DMF Ecosystem,
provided that these laws do not conflict with the overarching principles of decentralized blockchain technology.
11.2 Any disputes arising from these Terms shall be resolved through arbitration in accordance with the rules applicable in the user's jurisdiction.
If the user resides in a country that does not support arbitration for such agreements, disputes may be resolved in a competent local court.
11.3 Users waive the right to participate in class-action lawsuits or claims, except where such waivers are prohibited under the laws of their jurisdiction.
12. Termination
12.1 The DMF Ecosystem reserves the right to terminate access to the Services for violations of these Terms or applicable laws.
12.2 Users may discontinue their use of the Services at any time but remain bound by these Terms for prior actions.
13. Miscellaneous
13.1 Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in effect.
13.2 Force Majeure: The DMF Ecosystem is not responsible for delays or failures caused by events beyond its control, including but not limited to natural disasters, war, or regulatory actions.
13.3 Entire Agreement: These Terms constitute the entire agreement between users and the DMF Ecosystem, superseding any prior agreements.
Contact Us
If you have questions or concerns about this Privacy Policy, please contact us through our official channels:
The DMF team is not responsible for any potential profits, losses, benefits, or adverse outcomes resulting from the use of the DMF Swap or any DMF modules, including technical issues or positive experiences. Users assume full responsibility for their participation and acknowledge that all interactions with the platform are at their own risk.