🔔Terms Of Use

1. Acceptance of Terms

By accessing or using SOLCRED, you agree to comply with and be bound by these Terms of Use. If you do not agree to these terms, you must not use our services.

2. Eligibility

• Users must be at least 18 years old.

• Users must comply with local laws regarding decentralized finance (DeFi) platforms.

• SOLCRED reserves the right to deny access to any user who violates these terms.

3. User Responsibilities

• Users must ensure the security of their wallets and private keys.

• Users must not engage in fraudulent activities, including depositing scam tokens as collateral.

• Borrowers are responsible for repaying loans within the agreed period; failure to do so may result in collateral liquidation.

• Lenders must be aware that lending comes with inherent risks, including market volatility and smart contract vulnerabilities.

4. Use of Services

• SOLCRED provides a decentralized platform for lending and borrowing; we do not hold user funds or guarantee profits.

• The platform uses AI to assess collateral quality but does not guarantee the value or performance of any token.

• Fees are subject to change, and SOLCRED may modify fee structures as needed.

5. Prohibited Activities

Users must not:

• Attempt to hack, disrupt, or manipulate the platform.

• Use SOLCRED for illegal activities, including money laundering or terrorist financing.

• Provide false or misleading information when using the platform.

• Engage in wash trading or market manipulation.

6. Risk Disclosure

• Borrowing and lending on SOLCRED involve risks, including potential loss of funds due to smart contract vulnerabilities or market fluctuations.

• SOLCRED does not provide financial advice; users should conduct their research before engaging with the platform.

• Users accept full responsibility for their transactions and investments.

7. Limitation of Liability

• SOLCRED is not liable for any losses resulting from the use of its platform.

• We do not guarantee the performance of any collateralized token.

• Users waive the right to hold SOLCRED responsible for smart contract failures or third-party security breaches.

8. Termination

SOLCRED reserves the right to terminate or suspend user access if:

• The user violates any terms outlined in this agreement.

• There is suspected fraudulent or malicious activity.

• Legal or regulatory changes impact the platform’s operation.

9. Governing Law

These Terms of Use shall be governed and interpreted according to the laws applicable to decentralized finance and blockchain technology. Disputes arising from these terms shall be resolved through arbitration or a legally recognized dispute resolution process.

10. Amendments

SOLCRED reserves the right to update or modify these terms at any time. Users will be notified of any changes via official channels, and continued use of the platform constitutes acceptance of the new terms.

If you have any questions regarding these Terms of Use, please contact our support team through official SOLCRED channels.