Terms of Use Last Updated: October 30, 2024

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Summary

Please read this agreement carefully before using our website and services (collectively, the “Site”). Below is a brief summary of the key points covered in these Terms:

  • Who Can Use the Site: You must be at least 18 years old and not be located in or associated with any “Prohibited Localities” or be a “Restricted Person.” Use of VPNs or other methods to bypass location restrictions is prohibited.
  • Non-Custodial Nature: Exponent is a non-custodial interface that aggregates publicly available information and facilitates interaction with decentralized finance protocols. Exponent does not control user funds or manage private keys.
  • Risks Involved: The use of decentralized finance carries significant risks, including technical vulnerabilities, regulatory uncertainty, and potential tax implications. Users are responsible for managing their assets and private keys.
  • Permitted Uses: The Site is intended for informational purposes only and must not be used for illegal activities, fraud, or market manipulation. Users are required to comply with all applicable laws.
  • Sanctions Compliance: You must not be a “Sanctioned Person” as defined herein, nor can you use the Site on behalf of such persons or entities.
  • Dispute Resolution: By using this Site, you agree to resolve disputes through binding arbitration, and you waive the right to participate in class actions.
  • No Professional Advice: Information provided by the Site is not professional, legal, tax, or investment advice.
  • Liability Limitation: Exponent is not responsible for losses incurred due to the use of the Site.

This summary is for reference purposes only. Please read the full Terms below, as it constitutes a legally binding agreement between you and Exponent.

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IMPORTANT NOTICE REGARDING ARBITRATION:

WHEN YOU AGREE TO THESE TERMS YOU ARE AGREEING (WITH LIMITED EXCEPTIONS) TO RESOLVE ANY DISPUTE BETWEEN YOU AND EXPONENT THROUGH BINDING, INDIVIDUAL ARBITRATION RATHER THAN IN COURT. YOU WAIVE YOUR RIGHT TO PARTICIPATE IN CLASS ACTIONS OR ARBITRATIONS. PLEASE REVIEW THE DISPUTE RESOLUTION SECTION CAREFULLY.

By accessing and using the Exponent website, its subdomains, any information available within the site (collectively the “Website”), or related information made available by Exponent Labs (“we”, “us”, “our”, or “Exponent”), you agree to be bound by these Terms of Use. If you do not agree to the Terms of Use, do not use the Website. Exponent Labs reserves the right, at its sole discretion, to amend, change, modify, add, or remove portions of these Terms of Use at any time.

We may change these Terms of Use from time to time by notifying you of such changes by any reasonable means, including posting revised Terms of Use through the Website. Your continued use of the Website following the published updates to the Terms will mean that you accept and agree to the changes. Users are encouraged to regularly review the Terms of Use prior to using the Website to verify the current terms and their willingness to be bound by said terms.

For any questions or issues, please contact us at [email protected].

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1. Site Overview

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1.1 About the Site

The Site aggregates and publishes publicly available information about the Protocol and its smart contracts, including without limitation information regarding tokens made available by third-party protocols, implied or express fair market prices of tokens, and transaction records on the blockchain relating to the Protocol. The Site additionally offers interaction methods whereby Users can indicate transactions they would like to perform in connection with the Protocol.

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1.2 Relationship to Protocol

Exponent does not own, operate, or control the blockchain or Protocol. The Site aggregates and publishes publicly available information about the blockchain and Protocol in a user-friendly format. Such information is independently available from other sources, including through direct review of transaction history, account balances, and the Protocol on blockchain explorers.

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1.3 Non-Custodial Nature

Exponent and the Site are not agents or intermediaries of any User. Exponent does not store, have access to, or control any tokens, private keys, passwords, accounts, or other property of any User. Exponent cannot perform transactions or send transaction messages on behalf of any User. All transactions are effected and recorded solely through User interactions with blockchain validators.

Exponent and its affiliates are not registered, licensed, or supervised as broker dealers or investment advisers by the SEC, the Financial Industry Regulatory Authority (FINRA), or any other financial regulatory authority or licensed to provide any financial advice or services. The information contained herein neither constitutes an offer for nor a solicitation of interest in any specific securities offering.

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2. Risk Disclosures and Acknowledgments

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2.1 Cryptographic and Technical Risks

Advances in cryptography, or technical advances such as the development of quantum computing, could present risks by rendering ineffective the cryptographic consensus mechanism that underpins the relevant blockchain. Products or services available on Exponent may require digital assets provided by a User to be deposited with, staked with, or otherwise interact with third-party decentralized finance protocols. These third-party protocols and their development teams are independent and beyond Exponent’s control.

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2.2 Private Key Security

A private key, or a combination of private keys, is necessary to control and dispose of assets stored in any digital wallet, vault, or other storage mechanism. Loss of requisite private key(s) associated with a User’s digital wallet, vault, or other storage mechanism will result in the permanent and irretrievable loss of associated assets.

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2.3 Security Threats

Malicious actors may attempt to interfere with Exponent or the underlying protocols through malware attacks, denial of service attacks, Sybil attacks, spoofing, and other methods. Exponent makes no representation or warranty regarding the security of the Site or related systems.

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2.4 Regulatory Status

The regulatory status of cryptographic tokens and distributed ledger technology remains unclear or unsettled in many jurisdictions. Regulatory actions could negatively impact Exponent and its Users, potentially resulting in the need to cease operations in certain jurisdictions.

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2.5 Tax Treatment

The tax characterization of cryptographic tokens is uncertain. Users must seek their own tax advice in connection with purchasing, holding, and utilizing tokens. Exponent does not provide tax advice and assumes no responsibility for tax-related consequences to Users.

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2.6 Developmental Stage

Exponent is under continuing development and may undergo significant changes over time. While Exponent endeavors to maintain functionality, changes may be required for various reasons, and Exponent cannot guarantee the Site’s future development or functionality.

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3. User Eligibility and Obligations

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3.1 Eligibility Requirements

Users must be at least 18 years old and of sufficient legal age to form a binding contract with Exponent in their jurisdiction.

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3.2 Prohibited Localities

Our Interface is NOT offered to persons or entities who reside in, are citizens of, are incorporated in, or have a registered office in the United States of America or any other “Prohibited Localities,” as defined below. We do not make exceptions. If you are from a Prohibited Locality, do not attempt to access or use the Interface. Use of a virtual private network (VPN) or other means to circumvent the restrictions to access or use the Interface is prohibited.

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In summary: If you use the Interface you state that you:

  • Are at least 18 years old;
  • Don’t break any laws of your jurisdiction by using the Interface;
  • Are not located, established, or registered in any of the jurisdictions listed below titled “Prohibited Localities” or a “Sanctioned Person.”

Prohibited Localities include but are not limited to: United States of America, United Kingdoms, Myanmar (Burma), Cote D’Ivoire (Ivory Coast), Cuba, Crimea and Sevastopol, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, Nicaragua, Democratic People’s Republic of Korea (North Korea), Somalia, Sudan, Syria, Yemen, Zimbabwe, or any other state, country, or region included in the Sanction Lists.

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3.3 Sanctioned Persons

The Site is not offered to Restricted or Sanctioned Persons, including individuals or entities on any sanctions list maintained by the United States, European Union, United Kingdom, United Nations, or other applicable jurisdictions.

You hereby agree and affirm that you are not a “Sanctioned Person” or accessing the Products or Protocol on behalf of, for the benefit of, or at the direction of any Sanctioned Person.

A “Sanctioned Person” includes:

  • Any individual or entity designated under blocking and asset-freeze sanctions of any jurisdiction, including but not limited to the U.S. Treasury’s OFAC Specially Designated Nationals List, the UK HMT Financial Sanctions List, and EU member states’ consolidated sanctions lists,
  • Entities owned 50% or more, directly or indirectly, by Sanctioned Persons,
  • Governments of Sanctioned Jurisdictions or the Government of Venezuela, including subdivisions or instrumentalities,
  • Individuals or entities located in or residing in any Prohibited Localities.

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4. Permitted Uses and Restrictions

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4.1 Authorized Use

The Site is available exclusively for use by technologically and financially sophisticated persons for informational purposes.

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4.2 Prohibited Activities

Users must not:

  • Violate any applicable law, rule, or regulation;
  • Interfere with the Site’s security or integrity;
  • Use VPNs or proxies to obfuscate geographic location or circumvent restrictions;
  • Engage in market manipulation or deceptive trading practices;
  • Engage in unauthorized use of bots or automation tools;
  • Engage in hacking or any form of attack on the Site or any wallets;
  • Attempt to gain unauthorized access to the Website or other users’ accounts;
  • Use the Website for any illegal purposes;
  • Upload malicious code or harmful data;
  • Impersonate any person or entity;
  • Interfere with the Website’s security features;
  • Engage in automated data collection without express permission;
  • Attempt to reverse engineer any portion of the Website.

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4.3 Prohibited Uses (Terrumbler Uses)

Users must not:

  • Utilize the Site other than for the Permitted Uses;
  • Commit fraud, engage in deceptive trading, or breach applicable laws.

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5. Intellectual Property Rights

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5.1 Ownership and License

Exponent owns or licenses all intellectual property rights in the Site. All content on the Website, including but not limited to text, graphics, logos, images, audio clips, digital downloads, data compilations, and software, is the property of Exponent or its content suppliers and is protected by international copyright laws.

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5.2 Restrictions on Use

Users may not:

  • Republish, sell, rent, or sub-license Website material
  • Reproduce, duplicate, or copy Website material
  • Redistribute content from Exponent (unless content is specifically made for redistribution)

Users shall not copy, modify, create derivative works of, or distribute any portion of the Site without Exponent’s written consent.

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6. Disclaimers and Limitations

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6.1 No Warranties

The Site is provided “AS IS” and “AS AVAILABLE.” To the fullest extent permitted by law, Exponent disclaims all representations and warranties, whether express, implied, or statutory, including warranties of merchantability, fitness for a particular purpose, and non-infringement. The Website and protocol are provided “as is” and “as available.” You acknowledge that Exponent makes no guarantee of uninterrupted, error-free access or that any files downloaded will be free of viruses or harmful code. You are responsible for implementing your own security measures and for maintaining backups of your data.

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6.2 Limitation of Liability

IN NO EVENT SHALL EXPONENT, ITS AFFILIATES, OR THEIR RESPECTIVE OFFICERS, DIRECTORS, AGENTS, OR EMPLOYEES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUE ARISING OUT OF OR RELATED TO YOUR USE OF THE WEBSITE, WHETHER IN CONTRACT, TORT, OR OTHERWISE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

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6.3 No Professional Advice

Information on the Site is for informational purposes only and does not constitute professional advice.

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7. Indemnification

You agree to indemnify and hold Exponent, its affiliates, and their officers, directors, employees, and agents harmless from any claims, damages, losses, or expenses arising from your use of the Website or violation of these Terms.

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8. Dispute Resolution

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8.1 Governing Law

These Terms of Use shall be governed by and construed in accordance with the laws of the jurisdiction where Exponent Labs is legally registered. Any disputes arising under these Terms of Use shall be settled in individual binding arbitration. By entering into these Terms of Use, you waive your right to a trial by jury, participation in a class action lawsuit, and class arbitration.

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8.2 Class Action Waiver

Users waive the right to participate in class actions against Exponent.

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9. Miscellaneous Provisions

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9.1 Entire Agreement

These Terms constitute the entire agreement between Exponent and Users.

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9.2 Severability

If any provision of these Terms is deemed unenforceable, the remaining provisions shall remain in effect.

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9.3 No Waiver

Exponent’s failure to enforce any provision shall not constitute a waiver of rights.

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9.4 Assignment

Users may not assign rights without Exponent’s consent.

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9.5 Force Majeure

Exponent is not liable for delays or failures caused by factors beyond its control.

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9.6 Survival

Provisions that by their nature should survive termination shall remain in effect.

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10. Contact Information

For questions regarding these Terms, contact [email protected].

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