Terms of Service
Your privacy and data protection are important to us. Please read this policy carefully.
Last Updated: January 15, 2024
Acceptance of Terms
By accessing and using CeloRate's services, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.
Description of Service
CeloRate provides a decentralized lending protocol on the Celo blockchain that enables users to lend and borrow digital assets with fixed interest rates. Our service includes smart contracts, user interfaces, and related tools.
User Responsibilities
Users are responsible for maintaining the security of their wallets and private keys, understanding the risks associated with DeFi protocols, and complying with applicable laws and regulations in their jurisdiction.
Prohibited Uses
You may not use our service for illegal activities, money laundering, fraud, or any activity that violates applicable laws. You may not attempt to hack, disrupt, or exploit our smart contracts or systems.
Risks and Disclaimers
DeFi protocols involve significant risks including smart contract risks, market volatility, and potential loss of funds. Users should only invest what they can afford to lose and should understand these risks before participating.
Limitation of Liability
CeloRate shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses resulting from your use of the service.
Protocol Governance
CeloRate operates as a decentralized protocol. Governance decisions may be made through community voting using governance tokens. Users may participate in governance according to the protocol's governance mechanisms.
Service Modifications
We reserve the right to modify, suspend, or discontinue any part of our service at any time. We will provide reasonable notice of significant changes when possible.
Termination
We may terminate or suspend your access to our service immediately, without prior notice, for any reason, including breach of these terms.
Governing Law
These terms shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles.
Changes to Terms
We reserve the right to modify these terms at any time. We will notify users of material changes through our platform or other communication methods.
Contact Information
For questions about these terms, please contact us at legal@celorate.com or through our contact page.
Questions About Our Terms?
If you have any questions about these terms of service, please contact our legal team.