Terms of Use for Compound Finance
Introduction
Welcome to Compound Finance. By using our platform, you agree to comply with and be bound by the following Terms of Use. These terms govern your use of the website and the Compound Protocol. If you do not agree with any part of these terms, you must discontinue using the platform.
Eligibility
You must be at least 18 years old and capable of forming a legally binding contract to use Compound Finance. By using the platform, you affirm that you meet these requirements and that the jurisdiction you are located in does not prohibit participation in decentralized financial services like Compound.
Use of the Platform
Compound Finance provides a decentralized protocol for borrowing, lending, and earning interest on cryptocurrencies. All transactions occur directly between users and the Compound Protocol via smart contracts. You understand that by using Compound, you are participating in decentralized finance (DeFi) and are solely responsible for your actions. Compound Finance does not control or guarantee the outcome of any transaction.
No Financial Advice
The information on the Compound Finance website is for general informational purposes only and does not constitute financial or investment advice. You should conduct your own research and consult with professional advisors before participating in DeFi or any other financial transactions. Compound Finance does not offer guarantees on asset performance or security.
Account Security
You are responsible for maintaining the security of your digital wallet, including private keys and passwords. Compound Finance will never request your private keys, and you should never share them with anyone. If you lose access to your wallet, Compound Finance cannot assist in recovering your assets.
Limitation of Liability
Compound Finance is not liable for any losses, damages, or liabilities arising from your use of the Compound Protocol. By using the platform, you accept all risks associated with decentralized finance, including but not limited to market fluctuations, smart contract failures, and liquidity risks. Compound Finance disclaims all warranties, whether express or implied, regarding the platform's functionality and security.
Governing Law
These Terms of Use are governed by the laws of the jurisdiction where Compound Finance is based. Any disputes arising from your use of the platform will be resolved in accordance with the laws of that jurisdiction.
Changes to Terms
We may update these Terms of Use at any time. Please review this page periodically to stay informed about any changes. Continued use of the platform constitutes acceptance of the revised terms.