Terms & Conditions

Last Updated: January 28, 2025

1. Agreement to Terms

These Terms and Conditions ("Terms") constitute a legally binding agreement between you and PSWAP Polkaswap ("Company," "we," "our," or "us") governing your access to and use of the pswappolkaswap.com website and our decentralized exchange services (collectively, the "Services").

By accessing or using our Services, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use our Services.

2. Eligibility

To use our Services, you must:

• Be at least 18 years of age or the age of legal majority in your jurisdiction
• Have the legal capacity to enter into binding contracts
• Not be prohibited from using our Services under applicable laws
• Not be located in or a resident of any jurisdiction where use of our Services is prohibited or restricted
• Comply with all applicable laws and regulations in your jurisdiction

By using our Services, you represent and warrant that you meet all eligibility requirements.

3. Description of Services

PSWAP Polkaswap provides a decentralized exchange protocol built on the SORA network and Polkadot ecosystem. Our Services include:

• Token swapping functionality across multiple blockchain networks
• Liquidity provision and yield farming opportunities
• Access to PSWAP token rewards and staking mechanisms
• Cross-chain bridge services for asset transfers
• Information and educational content about DeFi and Polkaswap

We reserve the right to modify, suspend, or discontinue any aspect of our Services at any time without prior notice.

4. Non-Custodial Nature

Our Services are non-custodial. This means:

• We never have custody, possession, or control of your digital assets
• You retain full control of your private keys and wallet
• You are solely responsible for securing your wallet and private keys
• We cannot reverse, cancel, or refund transactions once submitted to the blockchain
• We are not responsible for any losses resulting from unauthorized access to your wallet

5. User Responsibilities

As a user of our Services, you agree to:

• Maintain the security of your wallet and private keys
• Verify all transaction details before confirming transactions
• Ensure you have sufficient tokens to pay gas fees and transaction costs
• Comply with all applicable laws and regulations
• Not use our Services for illegal activities or money laundering
• Not attempt to manipulate markets or engage in fraudulent trading
• Not interfere with the proper functioning of our Services
• Conduct your own due diligence before trading any digital assets

6. Prohibited Activities

You may not use our Services to:

• Violate any applicable laws or regulations
• Infringe upon intellectual property rights
• Transmit malware, viruses, or harmful code
• Engage in market manipulation or wash trading
• Impersonate any person or entity
• Interfere with other users' access to the Services
• Attempt to gain unauthorized access to our systems
• Scrape or extract data using automated means without permission
• Engage in activities that could damage our reputation

7. Risks and Disclaimers

7.1 Trading Risks

Trading digital assets involves significant risks, including:

• High price volatility and potential total loss of investment
• Liquidity risks and inability to exit positions
• Slippage and unfavorable execution prices
• Impermanent loss for liquidity providers
• Market manipulation by large holders

7.2 Technology Risks

Blockchain technology and smart contracts involve inherent risks:

• Smart contract vulnerabilities and potential exploits
• Network congestion causing delayed transactions
• Irreversible transactions that cannot be canceled or refunded
• Blockchain forks and protocol changes
• Loss of private keys resulting in permanent loss of assets

7.3 Regulatory Risks

The regulatory environment for cryptocurrencies is evolving and uncertain:

• Future regulations may restrict or prohibit cryptocurrency activities
• Tax treatment of cryptocurrency transactions may change
• Regulatory actions may affect token values and liquidity

8. Intellectual Property

All content on our website, including text, graphics, logos, images, and software, is the property of PSWAP Polkaswap or its licensors and is protected by intellectual property laws. You may not:

• Copy, modify, or distribute our content without permission
• Use our trademarks or branding without authorization
• Create derivative works based on our Services
• Reverse engineer or decompile our software

9. Third-Party Services

Our Services may integrate with or provide links to third-party services, including:

• Cryptocurrency wallet providers
• Blockchain explorers and analytics platforms
• Other DeFi protocols and applications
• Bridge services for cross-chain transfers

We are not responsible for the availability, accuracy, or content of third-party services. Your use of third-party services is at your own risk and subject to their terms and conditions.

10. Fees and Charges

Use of our Services involves various fees:

• Trading fees for token swaps (typically 0.3% of transaction value)
• Network gas fees required by blockchain networks
• Bridge fees for cross-chain transfers
• Potential slippage costs on large transactions

Fees are subject to change. Current fee structures are displayed on our platform. You are responsible for all fees associated with your transactions.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

• OUR SERVICES ARE PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND
• WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE
• WE ARE NOT LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES
• OUR TOTAL LIABILITY SHALL NOT EXCEED £100 OR THE FEES YOU PAID IN THE PAST 12 MONTHS, WHICHEVER IS GREATER
• WE ARE NOT RESPONSIBLE FOR LOSSES DUE TO MARKET CONDITIONS, TECHNICAL FAILURES, OR USER ERRORS

12. Indemnification

You agree to indemnify, defend, and hold harmless PSWAP Polkaswap, its officers, directors, employees, and agents from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:

• Your use of our Services
• Your violation of these Terms
• Your violation of any rights of another party
• Your violation of applicable laws or regulations

13. Dispute Resolution

13.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles.

13.2 Arbitration

Any disputes arising from these Terms or your use of our Services shall be resolved through binding arbitration in accordance with the rules of the London Court of International Arbitration, except where prohibited by law.

13.3 Class Action Waiver

You agree to resolve disputes on an individual basis and waive the right to participate in class actions or representative proceedings.

14. Termination

We may terminate or suspend your access to our Services immediately, without prior notice, for any reason, including:

• Violation of these Terms
• Fraudulent or illegal activities
• Request by law enforcement or regulatory authorities
• Technical or security concerns

Upon termination, your right to use our Services ceases immediately. Provisions that by their nature should survive termination shall remain in effect.

15. Modifications to Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes by:

• Posting updated Terms on our website
• Updating the "Last Updated" date
• Sending email notifications (if applicable)

Your continued use of our Services after changes constitutes acceptance of the modified Terms.

16. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it enforceable.

17. Entire Agreement

These Terms, together with our Privacy Policy and Refund Policy, constitute the entire agreement between you and PSWAP Polkaswap regarding use of our Services, superseding any prior agreements.

18. Contact Information

19. No Financial Advice

Nothing on our website or Services constitutes financial, investment, legal, or tax advice. We do not recommend or endorse any particular digital asset or trading strategy. You should consult with qualified professionals before making financial decisions.

20. Acknowledgment

By using our Services, you acknowledge that:

• You have read and understood these Terms
• You accept all risks associated with cryptocurrency trading
• You are solely responsible for your trading decisions
• You understand the non-custodial nature of our Services
• You will comply with all applicable laws and regulations