Disclaimers
DeFi Magic Tokens, Axioms Tokens, Smart Contracts, and associated products and protocols, are considered experimental. Use at your own risk are considered experimental. Use at your own risk.
Preliminary notes:
Staking contracts are experimental and at user risk. Terms subject to change on staking contracts without notice. In addition, any tokens remaining in staking contracts after 120 days after a staking contract end date (when rewards APR/APY reflect 0%) may be ejected and recovered by the project. If a user does not withdraw or claim tokens from a staking contract before this time period where tokens are ejected, all tokens in the contract are considered abandoned and the user has voluntarily chosen to forfeit those tokens to ownership to the project.
1. Introduction
In these Disclaimers, “DeFi Magic”, "we" and "us" refers DeFi Magic and we own and operate the website https://defimagic.io ("the Site") which acts as a front-end to the decentralized DeFi Magic Ecosystem (referred also as "DeFi Magic Protocol"), which consists of protocols and products. These Terms apply to you (“You”) as a user of the Site and DeFi Magic front-end, including all the products, services, tools and information made available on the Site.
Please read these Terms carefully before using the Site. These Terms apply to any person accessing the Site and by using the Site you agree to be bound by them. If you don’t want to be bound by them, you should not access the Site. By using the Site in any capacity, you agree that you have read and understood these Terms.
Please read these Terms carefully to ensure that you understand each provision. This agreement contains a mandatory individual arbitration and class action/jury trial waiver provision that requires the use of arbitration on an individual basis to resolve disputes, rather than jury trials or class actions.
You must be able to form a legally binding contract online either as an individual or on behalf of a legal entity. You represent that, if you are agreeing to these Terms on behalf of a legal entity, you have the legal authority to bind the company or other legal entity to these Terms and you are at least 18 years old or the age of majority where you reside, whichever is older, can form a legally binding contract online, and have the full, right, power and authority to enter into and to comply with the obligations under these Terms.
You are advised to check these Terms periodically to familiarize yourself with any changes to the Terms. DeFi Magic, in its sole discretion, reserves the right to make changes to our terms of services. Changes are binding on users of the Site and will take effect immediately upon posting. As a user, you agree to be bound by any changes, variations, or modifications to our terms of service and your continued use of the Site shall constitute acceptance of any such changes, variations, or modifications.
DeFi Magic will indicate on the Site of the changes to these Terms. You accept by doing so, we provide you with sufficient notice of such change.
Site
As part of the Site, DeFi Magic provides access to a decentralized finance products and protocols blockchains, that allows users to utilize assets (“Cryptocurrency assets”) to transact using smart contracts (“Smart Contracts”).
Using the DeFi Magic Protocols may require that you pay a fee, such as gas charges on a blockchain network to perform a transaction. You acknowledge and agree that DeFi Magic has no control over any transactions, the method of payment of any transactions, or any actual payments of transactions. You must ensure that you have a sufficient balance to complete any transaction on DeFi Magic before initiating such transaction.
You acknowledge and agree that DeFi Magic has no control over any transactions over the DeFi Magic Protocol or ecosystem, the method of payment of any transactions or any actual payments of transactions. Accordingly, you must ensure that you have a sufficient balance of the applicable cryptocurrency tokens stored at your DeFi Magic Protocol-compatible wallet address (“Cryptocurrency Wallet”) to complete any transaction on the DeFi Magic Protocol or a blockchain network before initiating such transaction.
Access to the Site
Access to the Site is provided “as is” and “as available” basis only. We do not guarantee that the Site, or any content on it, will always be available or uninterrupted. From time to time, access may be interrupted, suspended or restricted, including because of a fault, error or unforeseen circumstances or because we are carrying out planned maintenance.
We reserve the right to limit the availability of the site to any person, geographic area or jurisdiction we so desire and/or to terminate your access to and use of the site, at any time and in our sole discretion.
We may suspend or disable your access to the Site if we consider it reasonable to do so, e.g. you breach these Terms.
We may remove or amend the content of the Site at any time. However, some of the content may be out of date at any given time and we are under no obligation to update it. We do not guarantee that the Site, or any content on it, will be free from errors or omissions.
We will not be liable to you for any loss or damage you may suffer as a result of the Site being unavailable at any time for any reason.
You will comply with all applicable domestic and international laws, statutes, ordinances and regulations applicable to your use of the site.
As a condition to accessing or using the the Site, you:
will only use the Services and the Site for lawful purposes and in accordance with these Terms;
will ensure that all information that you provide on the Site is current, complete, and accurate;
will maintain the security and confidentiality of access to your cryptocurrency wallet address; and
As a condition to accessing or using the Site or the Services, you will not:
Violate any Applicable Law, including, without limitation, any relevant and applicable anti-money laundering and anti-terrorist financing laws and any relevant and applicable privacy and data collection laws, in each case as may be amended.
use the Site for any purpose that is unlawful;
Export, reexport, or transfer, directly or indirectly, any DeFi Magic technology in violation of applicable export laws or regulations;
Infringe on or misappropriate any contract, intellectual property or other third-party right, or commit a tort while using the Site;
Misrepresent the truthfulness, sourcing or reliability of any content on the Site;
Use the Site in any manner that could interfere with, disrupt, negatively affect, or inhibit other users from fully enjoying the Site or the DeFi Magic Protocol, or that could damage, disable, overburden, or impair the functioning of the Site or the DeFi Magic Protocol in any manner;
Attempt to circumvent any content filtering techniques or security measures that DeFi Magic employs on the Site, or attempt to access any service or area of the Site that you are not authorized to access;
Use any robot, spider, crawler, scraper, or other automated means or interface not provided by us, to access the Site to extract data;
Introduce any malware, virus, Trojan horse, worm, logic bomb, drop-dead device, backdoor, shutdown mechanism or other harmful material into the Site;
Post content or communications on the Site that are, in our sole discretion, libelous, defamatory, profane, obscene, pornographic, sexually explicit, indecent, lewd, vulgar, suggestive, harassing, hateful, threatening, offensive, discriminatory, bigoted, abusive, inflammatory, fraudulent, deceptive or otherwise objectionable;
Post content on the Site containing unsolicited promotions, commercial messages or any chain messages or user content designed to deceive or trick the user of the Site; or
Encourage or induce any third party to engage in any of the activities prohibited under these Terms.
You acknowledge that the Site and your use of the Site contain certain risks, including without limitation the following risks:
That any Smart Contracts you interact with are entirely your own responsibility and liability, and that DeFi Magic is not party to the Smart Contracts;
At any time, your access to your cryptocurrency assets may be suspended or terminated or there may be a delay in your access or use of your cryptocurrency assets which may result in the cryptocurrency assets diminishing in value or you being unable to complete a Smart Contract;
And site and/or application may be suspended or terminated for any or no reason, which may limit your access to your cryptocurrency assets.
Accordingly, you expressly agree that:
you assume all risk in connection with your access and use of the Site and the Smart Contracts;
that you expressly waive and release DeFi Magic from any and all liability, claims, causes of action, or damages arising from or in any way related to your use of the Site or the Smart Contracts.
Third-Party Links
The Site may contain hyperlinks or references to third party websites. Any such hyperlinks or references are provided for your information and convenience only. We have no control over third party websites and accept no legal responsibility for any content, material or information contained in them. The display of any hyperlink and reference to any third-party website does not mean that we endorse that third party's website, products or services. Your use of a third-party site may be governed by the terms and conditions of that third-party site.
Intellectual Property Rights
The intellectual property rights in its entirety of the Site and the material published on them are owned by DeFi Magic and are protected by any and all appropriate copyright laws with such rights reserved.
You will retain ownership of all copyright in data you upload or submit to the Site. You grant us a worldwide, royalty-free, irrevocable license to use, copy, distribute or publish and send this data in any manner.
Disclaimers
We do not guarantee that the Site will be secure or free from bugs or viruses.
You are responsible for configuring your information technology, computer programs and platform in order to access the Site. You should use your own virus protection software.
We cannot promise that the use of the Site, or any content taken from the Site, will not infringe the rights of any third party.
The content and materials available on the Site are for informational purposes only and is not intended to address your particular requirements. In particular, the content and materials available on the Site does not constitute any form of advice or recommendation by us, should not be regarded as an offer, solicitation, invitation or recommendation to buy or sell investments, securities or any other financial services and is not intended to be relied upon by you in making any specific investment or other decisions. We recommend that you seek independent advice from financial advisory before making any such decision.
Nothing included in the site constitutes an offer or solicitation to sell, or distribution of, investments and related services to anyone in any jurisdiction.
From time to time, reference may be made to data we have gathered. These references may be selective or, may be partial. As markets change continuously, previously published information and data may not be current and should not be relied upon.
General
We may perform any of our obligations, and exercise any of the rights granted to us under these Terms, through a third-party. We may assign any or all our rights and obligations under these Terms to any third-party.
If any clause or part of any clause of these Terms is found to be void, unenforceable or invalid, then it will be severed from these Terms, leaving the remainder in full force and effect, provided that the severance has not altered the basic nature of these Terms.
No single or partial exercise, or failure or delay in exercising any right, power or remedy by us shall constitute a waiver by us of, or impair or preclude any further exercise of, that or any right, power or remedy arising under these terms and conditions or otherwise.
If any of the provisions in these Terms are found to be illegal, invalid or unenforceable by any court of competent jurisdiction, the remainder shall continue in full force and effect.
All disclaimers, indemnities and exclusions in these Terms shall survive termination of the Terms and shall continue to apply during any suspension or any period during which the Site is not available for you to use for any reason whatsoever.
These Terms and the documents referred to in them set out the entire agreement between you and us with respect to your use of the site, DeFi Magic and the services provided via the site and supersede any and all prior or contemporaneous representations, communications or agreements (written or oral) made between you or us.
Any dispute, controversy, or claim arising out of or in relation to these Terms, including the validity, invalidity, breach or termination thereof, shall be settled by arbitration in accordance with the Swiss Rules of International Arbitration of the Swiss Chambers of Commerce in force on the date when the Notice of Arbitration is submitted in accordance with these Rules. The number of arbitrators shall be one or three; the seat of the arbitration shall be determined by the arbitrator(s); the arbitral proceedings shall be conducted in English. The applicable law shall be Swiss law.
With respect to all persons and entities, regardless of whether they have obtained or used the site for personal, commercial or other purposes, all disputes, controversies or claims must be brought in the parties’ individual capacity, and not as a plaintiff or class member in any purported class action, collective action or other representative proceeding. This waiver applies to class arbitration, and, unless we agree otherwise, the arbitrator may not consolidate more than one person’s claims. You agree that, by entering into this agreement, you and DeFi Magic are each waiving the right to a trial by jury or to participate in a class action, collective action, or other representative proceeding of any kind.
Contacting Us
Should you have any question about these Terms, or wish to contact us for any reason whatsoever, please reach out to a moderator or admin on Telegram: https://t.me/defimagic
Utility Focused
DeFi Magic ecosystem tokens, inclusive of Axioms, are not investments. There was no presale or ICO. Do not buy this token. Use it. All tokens in the ecosystem have a purpose. Features and product will continue to roll out. There is no financial value. Only utility value.
Is it safe to put tokens in DeFi Magic?
Please do your own research and decide for yourself. Using Smart Contracts, Tokens, and Crypto has inherent risk. Do your own research before use. No liability or guarantees are made in any capacity for use.
DeFi risks encapsulates a wide range of risks such as impermanent loss to risks of falling for scams such as wallet draining, private key being stolen, et cetera. Hence, DeFi users have to be careful themselves and learn to educate themselves constantly in this space.
Trading Disclaimers
All DeFi Magic ecosystem tokens, and any related tokens associated with, or accessible through defimagic.io are considered to be experimental tokens. Before acquiring any Magic, Dark Magic, or any other tokens mentioned on this site or otherwise, you must ensure that the nature, complexity and risks inherent in the trading of cryptocurrency are suitable for your objectives in light of your circumstances and financial position. You should only acquire DeFi Magic tokens to have fun and to experience this experimental token with us. Market prices of any of these tokens are dictated by external factors, not the project itself. Many factors outside of the control of DeFi Magic will effect the market price, including, but not limited to, national and international economic, financial, regulatory, political, terrorist, military, and other events, adverse or positive news events and publicity, and generally extreme, uncertain, and volatile market conditions. Extreme changes in price may occur at any time, resulting in a potential loss of value, complete or partial loss of purchasing power, and difficulty or a complete inability to sell or exchange your digital currency. DeFi Magic, and Axioms, shall be under no obligation to purchase or to broker the purchase back from you of your cryptocurrency in circumstances where there is no viable market for the purchase of the same. None of the content published on defimagic.io or axioms.app sites constitutes a recommendation that any particular cryptocurrency, portfolio of cryptocurrencies, transaction or investment strategy is suitable for any specific person. None of the information providers or their affiliates will advise you personally concerning the nature, potential, value or suitability of any particular cryptocurrency, portfolio of cryptocurrencies, transaction, investment strategy or other matter. The products and services presented on this website may only be purchased in jurisdictions in which their marketing and distribution are authorized. Experience at your own risk and may the odds be ever in your favor. Before using any features on this DApp, it is advised to make sure one has a full working knowledge of liquidity pools and impermanent loss. By using this app, it is an acknowledgement of understanding the risks.
No Investment Advice Provided
Any opinions, chats, messages, news, research, analyses, prices, or other information contained in with social media channels, websites, and other means of communication of DeFi Magic and Axioms are provided as general market information for educational and entertainment purposes only, and do not constitute investment advice. None of the beforementioned should be relied upon as a substitute for extensive independent research before making your actual trading decisions or interactions with any smart contracts made available to you. Opinions, market data, recommendations, or any other content is subject to change at any time without notice. DeFi Magic, Axioms, and its affiliates, will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information. We do not recommend the use of technical analysis as a sole means of trading decisions. You should always understand that PAST PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE RESULTS. By remaining on defimagic.io, axioms.app, or any corresponding social media and communicational channels/methods, you agree to all terms set forth here, and any other disclaimers on defimagic.io or axioms.app or otherwise stated in official announcements from DeFi Magic or Axioms.
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