Terms of Use

Updated on February 8, 2025

This website-hosted user interface (this “Interface”) is made available by Myriad Foundation, a corporation organized and existing under the laws of Grand Cayman (the “Company”).

These Terms of Use, together with any documents and additional terms they expressly incorporate by reference (collectively, these “Terms”), constitute an agreement entered into between the Company and you (“you” or “your”) concerning your use of and access to:

• The Company’s websites, including the Interface,
• Web applications,
• Mobile applications,
• All associated sites linked to the Interface or operated by the Company or its affiliates (collectively, the “Site”).

These Terms govern your use of the Site, access to order contracts, Supported Contracts, decentralized applications, APIs, and all software provided by the Company to facilitate the trading and swapping of cryptocurrencies or other blockchain-based assets (collectively, “Digital Assets”), including entering into contracts (“Contracts”) related to specified events, occurrences, or values (collectively, the “Services”).

1. Acceptance of Terms

By:

• Creating an account,
• Clicking “I agree” (or similar language),
• Acknowledging these Terms by other means, or
• Accessing or using the Site or Services,

you accept and agree to be bound by these Terms, including, but not limited to, the mandatory arbitration provision in Section 11. If you do not agree to these Terms, you must not access or use the Site or Services.

2. Restricted Use

Prohibited Territories

Use of the Interface or Services for trading in Supported Contracts is not permitted by persons or entities residing in or associated with the following jurisdictions:

1. Bahamas
2. Botswana
3. British Virgin Islands
4. Cambodia
5. Cayman Islands
6. Democratic People’s Republic of Korea (North Korea)
7. France
8. Iran
9. Libya
10. Ontario, CA
11. Somalia
12. Sudan
13. Syria
14. Singapore
15. Switzerland
16. Trinidad and Tobago
17. United States of America
18. Zimbabwe

Restricted Persons: Any person or entity from the above jurisdictions is referred to as a “Restricted Person.”

VPN Prohibition

Using a Virtual Private Network (VPN) or similar tools to bypass these restrictions is strictly prohibited.

3. Modifications to These Terms

The Company retains the right, at its sole discretion, to amend these Terms periodically. Notification of amendments will occur through means such as:

• Updating the “Last Updated” date at the top of these Terms,
• Providing notice through the Services.

Unless otherwise specified, modifications will take effect immediately upon publication. Continued access or use of the Site or Services after such notice constitutes your acceptance of the amended Terms.

4. Use of Services

Representations and Warranties

As a condition of using the Services, you represent and warrant the following:

1. Legal Capacity:
   • If entering into these Terms as an individual, you are of legal age and have the capacity to agree to these Terms.
   • If entering as an entity, you have the legal authority to accept these Terms on behalf of the entity.
2. Prohibited Territories: You are not a resident, national, or agent of any Restricted Territory.
3. Sanctions Compliance:
   • You are not on any sanctions list maintained by the United States, United Kingdom, European Union, or United Nations.
   • You will not transact with any Restricted Person or Sanctions List Person.
4. No Circumvention: You will not use VPN software or other tools to circumvent restrictions.

5. No Professional Advice or Fiduciary Duties

All information provided in connection with your access and use of the Site and the Services is for informational purposes only and should not be construed as professional advice.

You should not take, or refrain from taking, any action based on any information contained on the Site or any other information that we make available at any time, including, without limitation, blog posts, articles, links to third-party content, discord content, news feeds, tutorials, social media content, and videos.

Before you make any financial, legal, or other decisions involving the Services, you should seek independent professional advice from an individual who is licensed and qualified in the area for which such advice would be appropriate.

The Terms are not intended to, and do not, create or impose any fiduciary duties on us. You further agree that the only duties and obligations that we owe you are those set out expressly in these Terms.

6. Limitations of Use

You acknowledge and agree to the following:

• The Site and Services may be temporarily or permanently unavailable due to:
  • Maintenance,
  • Equipment malfunctions,
  • External factors (e.g., blockchain disruptions).
• The Company may:
  • Modify or discontinue Services at its discretion,
  • Suspend or terminate access if Terms are violated.
• Digital Asset transactions are your sole responsibility, including custody, control, and compliance with applicable laws.
• The Company does not act as your agent and assumes no fiduciary duties.

7. Fees

In connection with using the Services, you agree to:

• Pay all fees, including transaction costs (e.g., gas fees) for interacting with the blockchain.
• Acknowledge that fee estimates are provided as a convenience and may differ from actual costs.

8. Risk Disclosures

Inherent Risks

By using the Services, you understand and accept the following risks:

1. Blockchain Risks:
   • Cryptographic vulnerabilities,
   • Technological advancements (e.g., quantum computing),
   • Blockchain network disruptions (e.g., forks).
2. Private Key Security:
3. Regulatory Risks:
4. Market Risks:

9. Indemnification

You agree to defend, indemnify, and hold harmless the Company, its affiliates, and their respective officers, employees, and agents from any claims or liabilities arising from:

• Your use of the Services,
• Digital Asset transactions,
• Violations of these Terms.

10. Disclaimer of Warranties

The Site and Services are provided “AS IS” and “AS AVAILABLE”, without any warranties of any kind, whether express or implied, including, but not limited to:

• Merchantability,
• Fitness for a particular purpose,
• Non-infringement.

11. Limitation of Liability

To the fullest extent permitted by law:

• The Company’s liability is limited to the lesser of $50 USD or the total fees paid by you in the preceding 12 months.
• The Company is not liable for indirect, incidental, or consequential damages.