Terms of use

Introduction

This disclaimer ("Disclaimer") applies to your use of the products and automated DeFi strategies provided by SupremeDAO ("we," "us," "our"). By participating in SupremeDAO's products and strategies, you ("User," "you," "your") acknowledge that you have read, understood, and agreed to this Disclaimer. No Financial Advice The information provided by SupremeDAO, including but not limited to our white paper, website, and any other materials, is for informational purposes only and does not constitute financial, investment, legal, or any other form of professional advice. You should not interpret any information or other material provided by SupremeDAO as legal, tax, investment, financial, or other advice. You are solely responsible for conducting your own due diligence and consulting with your financial, legal, tax, and other professional advisors before making any investment decision.

Investment Risks

Investing in decentralized finance (DeFi) and utilizing SupremeDAO's automated DeFi strategies involves significant risks. These risks include, but are not limited to, market volatility, liquidity risks, smart contract risks, and potential loss of capital. By participating in SupremeDAO's products and strategies, you acknowledge and agree that you are fully aware of these risks and accept full responsibility for any loss or damage that may occur.

APYs Being Indicative

All APYs listed on this site are for guidance purposes only. SupremeDAO employs strategies across a broad range of markets. The available liquidity in said markets changes constantly. As a result, SupremeDAO cannot calculate APYs in real time. Users acknowledge this and also acknowledge the risk of negative returns on their deposited funds during certain time periods. By depositing funds in SupremeDAO's vaults, the user assumes any associated risk of loss.

Risk of Loss of Funds When Using Our Products

Our products are a smart contract-based suite of technologies that relies on blockchain technology. By depositing your funds into our vaults, you recognize and assume all risks inherent in such technologies, including but not limited to the risk that the smart contracts underlying our vaults could fail, resulting in a total loss of user funds. SupremeDAO is not responsible for any such losses.

UI Usage and Legal Jurisdictions

Our interface is NOT offered to persons or entities who reside in, are citizens of, are incorporated in, or have a registered office in the United States of America or any prohibited localities. SupremeDAO is a decentralized finance project and does not hold any securities licenses in the U.S. or any other jurisdiction. Any investment made through our protocol shall be made with this in mind. Furthermore, by accepting these terms, you acknowledge and warrant that you are not a citizen of or otherwise accessing the website from the following nations or geographical locations: Democratic Republic of Congo, Côte d'Ivoire (Ivory Coast), China, Cuba, Hong Kong, India, Iraq, Iran, Democratic People's Republic of Korea (North Korea), Libya, Mali, Myanmar (Burma), Nicaragua, Sudan, Somalia, Syria, Yemen, Zimbabwe, and/or any other jurisdiction prohibited by the United States Office of Foreign Asset Control (OFAC).

Smart Contract & Security Risks

While SupremeDAO implements security measures to protect the assets and data involved in our products, no system is entirely secure. SupremeDAO's products operate through the use of smart contracts deployed on the Ethereum blockchain. Smart contracts are experimental and may be subject to coding errors, bugs, hacking, and other unforeseen vulnerabilities. SupremeDAO disclaims any liability for losses or damages resulting from the use or malfunction of smart contracts, including but not limited to security breaches, coding errors, or vulnerabilities exploited by third parties.

Regulatory Risks

The regulatory environment for DeFi is evolving, and regulatory developments could adversely affect SupremeDAO's products and your investment. SupremeDAO does not guarantee that its products comply with all current and future regulations. It is your responsibility to ensure that your participation in SupremeDAO's products is in compliance with applicable laws and regulations in your jurisdiction.

Assumption of Risk

You assume the risks of engaging in transactions that rely on smart contracts and other experimental technology. Transactions involving SupremeDAO's products rely on smart contracts stored on various blockchains, cryptographic tokens generated by the smart contracts, and other nascent software, applications, and systems that interact with blockchain-based networks. These technologies are experimental, speculative, inherently risky, and subject to change. Among other risks, bugs, malfunctions, cyberattacks, or changes to the applicable blockchain (e.g., forks) could disrupt these technologies and even result in a total loss of cryptoassets, their market value, or digital funds. You are solely responsible for the safekeeping of the private key associated with the blockchain address used to interact with SupremeDAO's products. SupremeDAO assumes no liability or responsibility for any such risks. If you are not comfortable assuming these risks, you should not access or engage in transactions using blockchain-based technology.

Transactions on the Blockchain

Transactions recorded on the blockchain, including transfers of cryptoassets and data programmed into these assets (such as revenue and interest allocations), must be treated as permanent and cannot be undone by SupremeDAO or by anyone. You must be very careful when you finalize any transaction that will be recorded on the blockchain.

Third-Party Services and Links

We are not responsible for the content or services of any third party, including, without limitation, any network, or apps like Discord, or MetaMask, and we make no representations regarding the content or accuracy of any third-party services or materials. The use and access of any third-party products or services, including through SupremeDAO's products, is at your own risk.

Using our services

When using our services, no personal data is collected. However, you must connect your crypto wallet (MetaMask, WalletConnect, Trezor or Ledger) and some personal data may be collected by the relevant wallet provider. We would like to point out that SupremeDao is not responsible for any processing of personal data when connecting your crypto wallet. Further information about “Privacy” you can find under here: https://supremedao.xyz/content/privacy

Automated Collection and Disbursement of Proceeds

You acknowledge and agree that all transactions accessed through SupremeDAO's products will be automatically processed using one or more blockchain-based smart contracts. By engaging in transactions using SupremeDAO's products, you acknowledge and consent to the automatic processing of all transactions in connection with using SupremeDAO's products. You further acknowledge and agree that the applicable smart contract will dictate how the funds of a transaction and ownership of cryptoassets are distributed.

Security of Your Wallet

You understand and agree that you are solely responsible for maintaining the security of your wallet. Any unauthorized access to your wallet by third parties could result in the loss or theft of any cryptoasset, or any funds held in your account and any associated accounts. You understand and agree that SupremeDAO has no involvement in, and you will not hold SupremeDAO responsible for managing and maintaining the security of your wallet. You further understand and agree that SupremeDAO is not responsible, and you will not hold SupremeDAO accountable, for any unauthorized access to your wallet. It is your responsibility to monitor your wallet.

No Guarantee of Returns

While SupremeDAO aims to provide high-yield strategies through its products, there is no guarantee of any specific outcomes or returns. Past performance is not indicative of future results. Investments may go up or down in value, and you may lose some or all of your initial investment. SupremeDAO makes no representations or warranties regarding the likelihood or amount of any returns.

Limitation of Liability

To the fullest extent permitted by law, SupremeDAO, its affiliates, officers, directors, employees, agents, and representatives shall not be liable for any direct, indirect, incidental, consequential, special, exemplary, or punitive damages, including but not limited to loss of profits, revenue, data, or use, incurred by you or any third party, whether in an action in contract, tort, strict liability, or otherwise, arising out of or in connection with your participation in SupremeDAO's products, even if SupremeDAO has been advised of the possibility of such damages. Our liability is excluded to the maximum extent permitted by law. In particular, but without limitation, we are not liable for

Indemnification

You agree to indemnify, defend, and hold harmless SupremeDAO, its affiliates, officers, directors, employees, agents, and representatives from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from or related to your use or participation in SupremeDAO's products, your violation of this Disclaimer, or your violation of any rights of another.

Amendments

SupremeDAO reserves the right to amend or update this Disclaimer at any time without prior notice. It is your responsibility to review this Disclaimer periodically for any changes. Your continued use of SupremeDAO's products following the posting of any amendments will signify your acceptance of those changes.

Contact Information

If you have any questions or concerns about this Disclaimer or SupremeDAO's products, please contact us at contact@supremedao.xyz.