Terms Of Use
PREAMBLE. Unless otherwise defined herein, capitalized terms used in these terms of use (“Terms”) shall have the same meanings as those defined in the Privacy Policy. All information collected on the Interface is subject to our. By using the Interface, you consent to all actions taken by us with respect to your information in compliance with our Privacy Policy.
AGREEMENT. The Terms are entered into between EMLite Inc. (“EMLite” or “we”/“our”) and you (“you”/“your”) and regulate the access and use of the Interface by you on https://elonmusklite.io/ assisting you to seek a decentralized uncollateralized liquidity provision and other related services. By accessing to our Website or using the Interface, you accept and agree to be bound and abide by the Terms and our Privacy Policy, incorporated herein by reference and you represent and warrant that you are at least eighteen (18) years old to enter into and perform a binding contract with EMLite. If you disagree with these Terms, you are required to refrain from accessing or using our Interface forthwith.
CONTROLS. EMLite is entitled to take all appropriate legal action for any illegal or unauthorized use of the Interface by you and terminate or suspend your access to all or part of the Interface for any or no reason, including without limitation, any violation of these Terms. We have the right to cooperate fully with any law enforcement authorities or court order requesting or directing us to disclose your identity or other information since you are using or accessing the Interface. You waive and agree to hold harmless EMLite and its affiliates, licensees, and service providers from any claims resulting from any action taken by any of the foregoing government agencies during, or taken as a consequence of, investigations by either such parties or law enforcement authorities. EMLite assumes no liability for any action or inaction regarding transmissions, communications, transactions, blockchain operations, or content provided by you or third party. We have no liability or responsibility to anyone for performance or non-performance of the activities described herein, nor for any harms or damages created by others with any blockchain underlying the Interface.
PROHIBITED ACTIONS. EMLite is entitled to withdraw or amend its Interface, and any service or material provided on the Interface, in EMLite’s sole discretion without notice. We will not be liable if, for any reason, all or any part of the Interface is unavailable at any time or for any period. From time to time, we may restrict access to some parts of or the entire Interface to those who access it. To use the Interface, you may be asked to utilize certain software (e.g. MetaMask) or other wallets capable of interacting with your web browser. You agree that all information you provide to interact with the Interface is governed by our. You should use caution when accessing the Interface from a public or shared computer so that others are not able to view or record your password, private key, or other personal information. We have the right to disable any identity associated with a public address on the Interface or to block any IP address from accessing the Interface at any time in our sole discretion for any or no reason, including if, in our opinion, you or that identity has violated any provision of these Terms. You may access or use the Interface only for lawful purposes and in accordance with these Terms. You agree not to use or access the Interface in any way that violates any applicable laws or regulations, harms minors with inappropriate content, impersonates EMLite or any other person or entity, engages in any other conduct that restricts or inhibits anyone's use or enjoyment of the Interface. Additionally, you agree not to promote any illegal activity, or advocate or assist any unlawful act, to engage in any activity or behavior that violates any applicable law, rule, or regulation concerning, or otherwise damages, the integrity of trading markets or the Protocol, to use the Interface to execute any transactions that may be considered a securities transaction or otherwise requires registration with any regulator or agency organization, to introduce any viruses or other material that is malicious or technologically harmful, to attempt to gain unauthorized access to, interfere with, damage, or disrupt any parts of the Interface, the server on which the Interface is stored, to otherwise attempt to interfere with the proper working of the Interface.
NO WARRANTY. The information on the Interface is made available solely for general information purposes and we do not warrant the accuracy, completeness, or usefulness of this information. Any reliance by you placed on such information is strictly at your own risk. You are assuming a high amount of risk when operating via the Interface. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other user to the Interface, by anyone who may be informed of any of its contents, or by the actions (or omissions) of others interacting with any underlying blockchain. This Interface may include content provided by third parties, including materials provided by others, bloggers, and third-party licensors and/or reporting services. All statements and/or opinions expressed in these materials, and all articles and responses to questions and other content, other than the content provided by us, are solely the opinions and the responsibility of the person or entity providing those materials. These materials do not necessarily reflect the opinion of EMLite. We are not responsible, or liable to you or any third party, for the content or accuracy of any materials provided by any third parties.
AMENDMENTS. We may revise and update these Terms from time to time in our sole discretion. All changes are effective immediately when we post them and apply to all access to and use of the Interface thereafter. If you continue to use our Interface following the issue of revised Terms means that you accept and agree to the changes. Please check for updates and changes recurrently.
NO INDEPENDENT ADVICE. All information or content provided or displayed by the Interface is for informational purposes only and should not be construed as professional advice (including, without limitation, tax, legal, or financial advice). You should not take, or refrain from taking, any action based on any information or content displayed or provided on the Interface. You are recommended to seek independent professional advice from an individual licensed and qualified in the area appropriate for such before you make any financial, legal, or other decisions involving the Interface. You acknowledge and agree that you have not relied on EMLite or any information you may find on our Website related to the use of the Interface or interactions with the Protocol.
DISCLAIMER. You understand that we cannot and do not guarantee or warrant that files available for downloading from the internet or the Interface will be free of viruses or other malicious programs. You are responsible for implementing sufficient procedures such as anti-virus protection and accuracy of data input and output. We will not be liable for any loss or damage caused by viruses, or other technologically harmful material that may infect your computer equipment, computer programs, data, or other proprietary material due to your use of the Interface or any services or items obtained through the Interface or to your downloading of any material posted on it, or on any website linked to it. Your use of the Interface, its content, and any of its services is at your sole and exclusive risk. The Interface is provided on an “as is'' and “as available” basis. To the fullest extent legally permissible, we, nor any person associated with EMLite, makes, and we explicitly disclaim, any and all representations or warranties of any kind related to the Interface (and the Protocol), whether express, implied, or statutory, including (without limitation) the warranties of merchantability, non-infringement, and fitness for a particular purpose. Neither EMLite nor any person associated with EMLite makes any warranty or representation with respect to the completeness, security, reliability, quality, accuracy, or availability of the Interface. EMLite and any person associated with EMLite does not represent or warrant that: (i) access to the Interface will be continuous, uninterrupted, timely, without delay, error-free, secure, or free from defects; (ii) that the information contained or presented on the Interface is accurate, reliable, complete, concise, current, updated or relevant; (iii) that the Interface will be free from defects, malicious software, errors, private, or any other harmful elements, or that any of such will be corrected; or that the Interface will meet your expectations. No information or statement that we make, including documentation or our private communications, should be treated as offering any warranty concerning the Interface (or as a representation regarding the Protocol). We do not endorse, guarantee, or assume any liability or responsibility for any content, advertisements, offers, statements, or actions by any third party either regarding or through the interface.
EMLite LIABILITY. In no event will EMLite, its affiliates, or their licensors, service providers, employees, agents, officers, or directors be liable for damages of any kind, under any legal theory, arising out of or in connection with your use, or inability to use, the Interface, the Protocol, any websites linked to it, any content on the Interface or such other websites, including any direct, indirect, special, incidental, consequential, or punitive damages, including but not limited to, personal injury, pain and suffering, emotional distress, loss of revenue, loss of profits, loss of business or anticipated savings, loss of use, loss of goodwill, loss of data, and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable. This disclaimer of liability extends to any and all damages caused by any third party or any failure of the Protocol.
INDEMNITY. You agree to defend, indemnify, and hold harmless EMLite, its affiliates, licensors, and service providers, and its and their respective officers, directors, employees, contractors, agents, licensors, suppliers, successors, and assigns from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to: (1) your violation of these Terms; (2) your use of the Interface, including, but not limited to, your interactions with the Protocol, use of or reliance on the Interface's content, services, and products other than as expressly authorized in these Terms; (3) your use or reliance on of any information obtained from the Interface; or (4) any other party’s access and use of the Interface or Protocol with your assistance or by using any device or account that you own or control.
NO FIDUCIARY DUTIES. These Terms, and the provision of the Interface, are not intended to create any fiduciary duties between EMLite and you or any third-party. You fully agree that we do not owe you any fiduciary duties or liabilities.
STAKING. When you access staking services, you must have a modern and up-to-date browser and digital assets custody wallet (e.g. MetaMask) to deposit, stake, un-stake, withdraw, claim and claim tokens user. You must use the BEP-20 Mainnet network and possess on this network compatible with Uniswap V3 Liquidity Provider (LP) tokens obtained directly from Uniswap. You must pay your own gas fees. When interacting with the Protocol, you may be required to enter into other agreements or documents, each of which is hereby incorporated for reference. If you wish to access staking services, you acknowledge that there exist certain risks or harms related to staking digital assets generally and staking EMLite tokens specifically, including (without limitation) risks of harm related to lock-ups, vulnerabilities in underlying smart contracts, digital asset price volatility, private key compromise or loss, blockchain transaction fees, or your errors in digital asset transmission. You also represent your understanding that certain risks or harms exist related to governance, including the possibility of vote manipulation or voter collusion, lack of notice related to ongoing voting matters, fixed periods where a EMLite holder may vote, the failure for EMLite holders to collectively achieve consensus to vote or to reach a conclusion, and other similar governance-related risks. You acknowledge the foregoing, represent your understanding of the foregoing, and agree to assume full responsibility for all of the risks related to its status as a EMLite holder (including, without limitation, your use of the Interface to perform certain EMLite holder functionalities), whether mentioned herein or otherwise.
LIQUIDITY PROVIDER. There exist certain risks and harms exist related to serving as a liquidity provider. It is possible that the actions or omissions of borrowers, or other participants may harm your position if it serves as a Liquidity Provider, including the potential loss of all your digital assets. You acknowledge the foregoing, represent your understanding of the foregoing, and agree to assume full responsibility for all of the risks related to your status as liquidity provider (including, without limitation, your use of the Interface to perform certain liquidity provider functionalities), whether those risks are mentioned herein or otherwise. Further, and without limiting any other similar prohibition contained in these Terms, you agree not to engage in any harmful or fraudulent activity related to your status as a liquidity provider, or to engage in any behaviors related to its use of liquidity provider functionalities that are illegal or prohibited by any applicable law or regulation. You further agree to waive any liability, and to otherwise hold harmless, any EMLite Holder, or any other users for any harms or damages not caused by that party’s gross negligence, recklessness, or intentional misconduct.
BORROWER. You agree to abide by the terms and provisions of Protocol Manifesto and any loan executed in relation to thereto (each of which is hereby incorporated by reference). You agree not to use or access the Interface in any way that would violate those terms and provisions, including (without limitation) manipulating the Interface in any way that may allow it to borrow larger amounts or according to different terms from any liquidity pool than as agreed to in those documents.
INHERENT RISKS. Blockchains and smart contracts are relatively new emerging technologies that carry a considerably high amount of foreseeable and unforeseeable risk from security, financial, technical, legal, political, social, and personal safety standpoints. The mere access to and interaction with blockchains and smart contracts requires a high degree of skill and knowledge to operate with a relative degree of safety and proficiency. Digital assets are highly volatile in nature due to many diverse factors, including (without limitation) use and adoption, speculation, manipulation, technology, security, and legal and regulatory developments and application. Further, the speed and cost of transacting with cryptographic technologies (such as blockchains) are variable and highly volatile. Moreover, the transparent nature of many blockchains means that any interactions you have with the Protocol may be publicly visible and readable in human form. By accessing and using the Interface, you acknowledge the foregoing and agree and represent that you understand such and other risks involved with blockchains and the Protocol. You further represent that you have all knowledge sufficient to work, and are informed of all foreseeable risks, and the possibility of unforeseeable risks, associated with blockchains, digital assets, smart contracts, and the Protocol. You further acknowledge that any digital assets you place or use within the Protocol may increase or decrease in value rapidly while they are involved with the Protocol, or be obtained by other parties or otherwise lost in ways you may or may not currently foresee (possibly to your severe harm or detriment). You agree that we are not responsible for any of these (or related) risks, do not own or control the Protocol, and cannot be held liable for any resulting harms, damages, or losses incurred by or against your experiences while accessing or using the Interface. You, therefore, acknowledge your understanding of the foregoing and agree to assume full responsibility for all the risks of accessing and using the Interface and interacting with the Protocol, whether mentioned herein or otherwise. You further expressly waive and release EMLite from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of the Interface and your interaction with the Protocol.
THIRD-PARTY WEBSITES. The Interface may contain links to other sites and resources provided by third parties and these links are provided for convenience only. This includes links contained in advertisements, including banner advertisements and sponsored links. We have no control over the contents of those sites or resources and accept no responsibility for them or for any loss or damage that may arise from your use of them. If you decide to access any of the third-party websites linked to this Interface, you do so entirely at your own risk and subject to the terms and conditions of use for such websites.
IP RIGHTS/TRADEMARKS. The Interface and its entire contents, features, and functionality (including but not limited to all information, software, displays, images, video, design, selection, and arrangement thereof) are owned by EMLite, its licensors, or other providers of such material and are protected by international copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws. You must not reproduce, distribute, modify, create derivative works of, publicly display, publicly perform, republish, download, store or transmit any of the material on our Interface. If you wish to make any use of material on the Interface other than that set out in this section, it should address its request to: [email protected] If you print, copy, modify, download, or otherwise use or provide any other person with access to any part of the Interface in breach of the Terms, your right to access the Interface will stop immediately and you must, at our option, return or destroy any copies of the materials you have made. No right, title, or interest in or to the Interface or any content on the Interface is transferred to you, and all rights not expressly granted are reserved by EMLite. Any use of the Interface not expressly permitted by these Terms is a breach of these Terms and may violate copyright, trademark, and other laws. The EMLite name, and all related names, logos, product and service names, designs, and slogans are trademarks of EMLite Inc. or its affiliates or licensors. You must not use such marks without the prior written permission of EMLite.
MISCELLANEA. No waiver by EMLite of any term or condition set out in these Terms shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition, and any failure of EMLite to assert a right or provision under these Terms shall not constitute a waiver of such right or provision. If any provision of these Terms is held by a court or other tribunal of competent jurisdiction to be invalid, illegal, or unenforceable for any reason, such provision shall be eliminated or limited to the minimum extent such that the remaining provisions of the Terms will continue in full force and effect. These Terms and any document incorporated by reference herein constitute the sole and entire agreement between you and EMLite regarding the Interface and supersede all prior and contemporaneous understandings, agreements, representations, and warranties, both written and oral, regarding the Interface. All matters relating to the Interface and these Terms, and any dispute or claim arising therefrom or related thereto (in each case, including non-contractual disputes or claims), shall be governed by and construed in accordance with the laws of the Republic of Panama without giving effect to any choice or conflict of law provision or rule. Any dispute, controversy or claim arising out of, relating to or in connection with your use of the Interface or the Protocol, or in connection with this Agreement, including disputes arising from or concerning their interpretation, violation, invalidity, non-performance, or termination, shall be settled by the courts of Panama City. Any cause of action or claim you may have arising out of or relating to these Terms or your use of the Interface must be commenced within six (6) months after the cause of action accrues; otherwise, such cause of action or claim is permanently barred. The Interface may not be available, appropriate, or legal for use in some jurisdictions. By accessing or using the Interface, you agree that you are solely and entirely responsible for compliance with all laws and regulations under any jurisdiction applicable to you. You may not use the Interface if are a citizen, resident, or member of any jurisdiction or group that is subject to economic sanctions, or if your use or access of the Interface would be illegal or otherwise violate any laws applicable to you.
Last modified 18d ago
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