ONTON
ONTON
ONTON
ONTON
TERMS OF SERVICE
TERMS OF SERVICE
TERMS OF SERVICE
TERMS OF SERVICE
Last updated April 22, 2024
ATTENTION: USE OF THE ONTON FINANCE PLATFORM FROM OR IN THE UNITED STATES, IRAN, NORTH KOREA, THE UNITED KINGDOM, THE EUROPEAN UNION, RUSSIA, HONG KONG, AFGHANISTAN, CANADA, CENTRAL AFRICAN REPUBLIC, COLOMBIA, CUBA, DEMOCRATIC REPUBLIC OF CONGO, MOZAMBIQUE, MYANMAR, NIGERIA, PEOPLE'S REPUBLIC OF CHINA, UKRAINE (CRIMEA, DONETSK, LUHANSK & ANY OTHER NON-GOVERNMENT CONTROLLED REGIONS), RWANDA, SOMALIA, SOUTH SUDAN, SYRIA, UGANDA, VENEZUELA, OR ANY OTHER UNITED STATES TERRITORY, OR BY PERSONS WHO ARE US PERSONS OR CURRENTLY OR ORDINARILY LOCATED OR RESIDENT IN THE AFOREMENTIONED COUNTRIES, IS STRICTLY PROHIBITED, REGARDLESS OF THE USER'S IP ADDRESS. UTILIZING A VIRTUAL PRIVATE NETWORK OR OTHER METHOD TO CONCEAL A USER'S RESIDENCE IN THE AFOREMENTIONED COUNTRIES IS ALSO STRICTLY PROHIBITED AND MAY RESULT IN PERMANENT BLOCKING OF USE OF THE PLATFORM IN CONNECTION WITH BLOCKCHAIN ADDRESSES SUSPECTED OF BEING TIED TO A RESIDENCE IN THE AFOREMENTIONED COUNTRIES. BY ACCESSING OR USING THIS PLATFORM, THE USER REPRESENTS AND WARRANTS THAT THEY ARE NOT LOCATED IN, UNDER THE CONTROL OF, OR A NATIONAL OR RESIDENT OF ANY RESTRICTED COUNTRY. SEE SECTION 1.2 FOR FURTHER DETAIL.
These Terms of Service ("Terms") constitute a binding legal agreement between each individual, entity, group or association who views, interacts, links to or otherwise uses or derives any benefit from the ONTON Finance platform (as defined below) ("Users") and ONTON Lab Inc., a company formed under the laws of the Republic of Panama (the owner/operator of the ONTON Finance platform) (collectively with its successors and assigns, the "Platform Operator").
Please contact us at legal@onton.finance for any questions or issues.
SUMMARY OF TERMS
Among other things, the Terms and Conditions provide that you must:
be at least eighteen years of age, of sound mental capacity and have all technical knowledge necessary or advisable to understand and evaluate the risks of the ONTON Finance platform;
agree that the ONTON Finance platform is provided for informational purposes only and is not directly or indirectly in control of or capable of interacting with the TON blockchain, Host Blockchains, and related Blockchain Systems or performing or effecting any transactions on your behalf;
agree that the ONTON Finance platform is only being provided as an aid to your own independent research and evaluation of the TON blockchain and that no representation or warranty is being made as to the accuracy or completeness of information on the ONTON Finance platform;
agree that the ability of the ONTON Finance platform to connect with third-party wallet applications or devices is not an endorsement or recommendation thereof by or on behalf of the Platform Operator, and you must assume all responsibility for selecting and evaluating and incurring the risks of any bugs, defects, malfunctions or interruptions of any third-party wallet applications or devices you directly or indirectly use in connection with the ONTON Finance platform;
comply with all applicable laws, rules and regulations;
not be a person who is subject to national or international sanctions under the laws of Panama or other applicable law;
not hold the Platform Operator or any of its representatives or affiliates liable for any damages you suffer in connection with your use of the ONTON Finance platform;
waive your right to initiate or participate in class actions relating to the ONTON Finance platform; and
resolve any disputes regarding the ONTON Finance platform pursuant to binding, confidential arbitration and waive your right to a jury trial in connection with such disputes.
The above is only a partial summary. You should read the Terms and Conditions in their entirety. In the event of any conflict or inconsistency between this summary and the Terms and Conditions relating to any issue, the Terms and Conditions will be determinative of the issue.
BACKGROUND INFORMATION
About the ONTON Finance Platform
The ONTON Finance platform aggregates and publishes publicly available third-party information, including:
the current state of Host Blockchains;
the functions and design of the ONTON Finance Protocol;
the current state of the ONTON Finance Smart Contract Systems, including all trading positions in the Traded Positions;
the amount of 'stablecoin' Blockchain Tokens that have been deposited into the ONTON Finance Smart Contract Systems by third parties known as "liquidity providers" to serve as liquidity for the creation and trading of the Traded Assets in the ONTON Finance Smart Contract Systems and the amount of actual or projected fees awarded to such liquidity providers;
the pricing of Represented Assets, through the Decentralized Oracle Network;
the trading of Traded Assets; and
the implied or express fair market prices of Blockchain Tokens, Represented Assets and Traded Assets, which may be denominated in terms of other Blockchain Tokens or other Represented Assets or Trade Assets.
The ONTON Finance platform also offers interaction methods whereby the User can indicate a transaction the User would like to perform in connection with the ONTON Finance Smart Contract Systems (such as swapping one Blockchain Token for another).
When used in this way, the ONTON Finance platform can generate a draft transaction message which the User can independently use in conjunction with a third-party wallet application or device to conduct transactions on the TON blockchain or Host Blockchains.
About ONTON Finance
The ONTON Finance Protocol is a publicly available software protocol designed to enable peer-to-peer trading, borrowing and lending of synthetic representations ('Traded Assets') of real assets (such as Blockchain Tokens, foreign national currencies, and commodities) ('Represented Assets') on compatible blockchain networks ('Host Blockchains').
Each ONTON Finance Smart Contract System is a copy of the ONTON Finance Protocol that has been compiled to machine-readable code compatible with validators on a particular blockchain network (referred to herein as a 'Host Blockchain') and, in such form, has been deployed to and become associated with one or more specific public addresses on the Host Blockchain. Each ONTON Finance Smart Contract System may enable Traded Assets to be redeemed for real Blockchain Tokens (currently onUSD stablecoins) that have been deposited by third parties known as 'liquidity providers' into the ONTON Finance Smart Contract system in exchange for the ability to receive portion of the trading fees generated by use of the ONTON Finance Smart Contract System. Through a compatible third-party wallet application or network node client compatible with the applicable Host Blockchain, users may pay validators on the applicable Host Blockchain to operate and record the results of operation of the ONTON Finance Smart Contract System on that Host Blockchain.
Relationship to ONTON Finance Smart Contract Systems
The Platform Operator does not own, operate or control the TON blockchain, Host Blockchains, or the ONTON Finance Smart Contract Systems. Using Host Blockchains or the ONTON Finance Smart Contract Systems does not require use of the ONTON Finance platform. You can always interact directly with the relevant ONTON Finance Smart Contract Systems on the applicable Host Blockchains, without use of the ONTON Finance platform or services of the Platform Operator. The ONTON Finance platform aggregates and publishes publicly available information about the ONTON Finance Smart Contract Systems in a user-friendly and convenient format. Such information is also independently available from other sources—for example, a person may directly review ONTON Finance transaction history, account balances and the ONTON Finance Smart Contract Systems on a compatible block explorer for Host Blockchains.
By combining publicly available information with the User's interactions with the ONTON Finance platform, the platform can draft standard transaction messages compatible with the ONTON Finance Smart Contract Systems which are designed to accomplish the User's operational goals as expressed through the interactions. If the User so wishes, the User may broadcast such messages to the validator network for the applicable Host Blockchains in order to initiate transactions in Blockchain Tokens or Traded Assets.
All draft transaction messages are delivered by the ONTON Finance platform via API to a compatible third-party wallet application or device selected by the User after pressing the "Connect Wallet" (or similar) button on the platform. The User must personally review and authorize all transaction messages that the User wishes to send to Host Blockchains or other Blockchain Systems; this requires the User to sign the relevant transaction message with a private cryptographic key inaccessible to the ONTON Finance platform. The User-authorized message will then be broadcast to validators through the wallet application or device and the User may pay a network fee to have the validators apply the transaction message to the applicable ONTON Finance Smart Contract System and record the results on the applicable Host Blockchain—resulting in a Blockchain Token or Traded Asset transaction being completed on the Host Blockchain.
The Platform Operator and the ONTON Finance platform are not agents or intermediaries of the User, do not store or have access to or control over any Blockchain Tokens, Represented Assets, Traded Assets, private keys, passwords, accounts or other property of the User, and are not capable of performing transactions or sending transaction messages on behalf of the User. The ONTON Finance platform does not hold and cannot purchase, sell or trade any Blockchain Tokens, Represented Assets or Traded Assets. All transactions relating to the ONTON Finance Smart Contract Systems are effected and recorded solely through the interactions of the User with the respective validators, who are not under the control of or affiliated with the Platform Operator or the ONTON Finance platform.
Disclaimers and Disclosures
Traded Assets are purely synthetic representations of Represented Assets. Represented Assets are not purchased, sold, traded, owned, held or otherwise dealt in through the ONTON Finance platform or the ONTON Finance Smart Contract Systems. Traded Assets do not entitle the User to obtain or have any ownership of or any other interest in or entitlement to any Represented Asset. Prices of Represented Assets are obtained through a Decentralized Oracle Network and may not be accurate; accordingly, prices of the Traded Assets may not accurately reflect the prices of the Represented Assets they are intended to represent.
BINDING PROVISIONS
Certain Defined Terms
"Blockchain" means a blockchain or distributed ledger technology or other similar technology.
"Blockchain System" means the combination of (i) a Blockchain; and (ii) a network of devices operating software clients or software applications that jointly or individually store, validate, process transactions with respect to, update, resolve forks with respect to and otherwise maintain, read from and write to such Blockchain.
"Blockchain Tokens" means virtual currencies, tokens and other units of account or mediums of exchange that are implemented on a Blockchain System.
"Decentralized Oracle Network" or "DON" means the network of third-party 'oracles' utilized by the ONTON Finance Smart Contract Systems to obtain pricing data regarding the Traded Assets.
"ONTON Finance Protocol" means the software code at https://github.com/ONTONFinance.
"ONTON Finance Smart Contract Systems" means all blockchain-based smart contract bytecodes that: (i) are compiled from the ONTON Finance Protocol (or any part thereof); (ii) are deployed to production Blockchain Systems; and (iii) are covered by the ONTON Finance platform.
"Host Blockchains" means each Blockchain System on which an ONTON Finance Smart Contract System has been deployed.
"ONTON Finance platform" means the web site, web pages, web applications and information and software available at or accessible through the URLs https://onton.finance/ or any sub-URL of any such URLs and any other ONTON Finance-related website or web application maintained by the Platform Operator.
"Represented Assets" means Blockchain Tokens and other assets (including national currencies (aka 'forex' or 'FX') and commodities or commodities indices (e.g., XAU, XAG)) that, through price indexing obtained through the DON, are simulated on the ONTON Finance Smart Contract Systems.
"Traded Assets" means synthetic book-entry units of account within the ONTON Finance Smart Contract Systems that simulate units or derivatives of units of the Represented Assets.
Platform Operator Discretion; Certain Risks of the ONTON Finance Platform
Each User hereby acknowledges and agrees and consents to, and assumes the risks of, the matters described in this Section 2.
Content
Platform Operator makes no representations or warranties as to the quality, origin, or ownership of any content found on or available through the ONTON Finance platform. The Platform Operator shall not be liable for any errors, misrepresentations, or omissions in, of, and about, the content, nor for the availability of the content. The Platform Operator shall not be liable for any losses, injuries, or damages from the purchase, inability to purchase, display, or use of content.
Token Lists and Token Identification
In providing information about Blockchain Tokens, Traded Assets and Represented Assets, the ONTON Finance platform makes various assumptions which may or may not be accurate. Information regarding Traded Assets and Represented Assets is sourced from a third-party Decentralized Oracle Network and the Platform Operator does not offer any representation, warranty or guaranty regarding the accuracy of such information. In providing information about Blockchain Tokens, the ONTON Finance platform may associate or presume the association of a Blockchain Token name, symbol or logo with a specific smart contract deployed to one or more Blockchain Systems. In providing all such information, the ONTON Finance platform relies upon third-party resources which may not be accurate or may not conform to a given User's expectations. Multiple smart contracts can utilize the same Blockchain Token name or Blockchain Token symbol as one another, meaning that the name or symbol of a Blockchain Token does not guarantee that it is the Blockchain Token desired by the User or generally associated with such name or symbol. Users must not rely on the name, symbol or branding of a Blockchain Token on the ONTON Finance platform, but instead must examine the specific smart contract associated with the name, symbol or branding and confirm that the Blockchain Token accords with User's expectations.
User Responsibility for Accounts & Security
Users are solely responsible for all matters relating to their accounts, addresses and Blockchain Tokens and for ensuring that all uses thereof comply fully with these Terms. Users are solely responsible for protecting the data integrity and confidentiality of their login information and passwords or private keys for the ONTON Finance platform or any wallet applications or devices used in connection with the platform. The compatibility of the ONTON Finance platform with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise or assurance regarding the fitness or security thereof.
No Platform Fees; Third-Party Fees Irreversible
There are no fees or charges for use of the ONTON Finance platform. Use of the ONTON Finance Smart Contract Systems and use of Host Blockchains are subject to third-party transaction fees. The Platform Operator does not receive such fees and has no ability to reverse or refund any amounts paid in error.
Platform Operator Has No Business Plan and May Discontinue, Limit, Terminate or Refuse Support for the ONTON Finance Platform or any Smart Contracts, Tokens or Pools
The ONTON Finance platform is a free web application operated and maintained in the sole and absolute discretion of the Platform Operator. The Platform Operator assumes no duties, liabilities, obligations or undertakings to continue operating or maintaining the availability of the ONTON Finance platform and may terminate or change the platform in any or all respects at any time. The Platform Operator has no business plan or revenue model for the ONTON Finance platform. The Platform Operator does not have revenues or a viable long-term business plan or capital-raising plan, and may become unable or unwilling to fund the operational costs of the ONTON Finance platform on a long-term basis or to fund the upgrade costs required to keep the platform up to date with current technologies.
The Platform Operator has no obligation to ensure that the ONTON Finance platform is a complete and accurate source of all information relating to the ONTON Finance Smart Contract Systems, Host Blockchains, Blockchain Tokens, Represented Assets, Traded Assets, or any other subject matter. The ONTON Finance platform does not necessarily display all Blockchain Tokens or Traded Assets that are available for trading in connection with the ONTON Finance Smart Contract Systems or Host Blockchains. Even if the ONTON Finance platform currently displays a particular Blockchain Token or Traded Assets or Blockchain Tokens or Represented Assets pair, the platform may discontinue tracking and publishing information about those assets or pairs at any time, in the Platform Operator's sole and absolute discretion. In the event of such a discontinuation, Users may need to rely on third-party resources such as block explorers or Blockchain System nodes in order to get equivalent information, and, depending on the User's level of expertise and the quality of such third-party resources, this may result in the User incurring financial losses due to delays or mistakes in processing information or transactions.
The ONTON Finance Protocol is available under a free open-source license, and the Platform Operator does not have proprietary or exclusive rights in all copies or derivatives thereof. It is possible that additional copies of the ONTON Finance Protocol or derivatives thereof will be deployed to other Blockchain Systems in the future by any person, resulting in the existence of multiple 'ONTON Finance-branded' Blockchain Systems or smart contract systems. The Platform Operator is under no obligation to publish information for all such copies of the ONTON Finance Protocol or to warn Users regarding the existence of such alternatives.
Platform Operator May Deny or Limit Access on a Targeted Basis
The Platform Operator reserves the right to terminate or limit any person's User status or access to or use of the ONTON Finance platform at any time, without or without notice, as determined in the Platform Operator's sole and absolute discretion. Such terminations and limitations may be based on any factor or combination of factors, including a person's identity, blockchain address, IP address, internet service provider, virtual provider network provider, metadata, browser type, or other technical or personal information deemed relevant by the Platform Operator. This means that the Platform Operator may implement measures to specifically deny or restrict access to the ONTON Finance platform for certain users or groups based on the aforementioned criteria, at its discretion.
Further, the Platform Operator does not commit to providing reasons or explanations for such targeted terminations or restrictions, which could occur with or without prior notice to the affected users. Users are encouraged to ensure compliance with the Terms at all times, as violations could lead to such restrictions.
No Liability for Third-Party Services and External Links
The ONTON Finance platform may contain links to third-party websites or services that are not owned or controlled by the Platform Operator. The Platform Operator has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party websites or services. Users are advised that they access and use these third-party sites and services at their own risk.
The Platform Operator will not be liable for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on any such third-party content, goods, or services available on or through any such websites or services. Users are responsible for reading and understanding the terms and privacy policies of any third-party websites they navigate to from the ONTON Finance platform.
Modifications to Terms
The Platform Operator reserves the right to modify or replace these Terms at any time. Users will be notified of any changes through updates or revisions to the Terms posted on the ONTON Finance platform. It is the responsibility of the users to check these Terms periodically for changes. Continued use of the platform after any such changes shall constitute the user’s acceptance of the revised terms.
This section aims to make users aware that their continuous interaction with the platform requires acceptance of and compliance with any updated or modified terms. Non-compliance may result in restricted access or termination of user privileges on the ONTON Finance platform.
Disclaimer of Warranties
The ONTON Finance platform is provided on an "as is" and "as available" basis without any warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Platform Operator does not warrant that the platform will function uninterrupted, be secure or available at any particular time or location; nor does it warrant that any errors or defects will be corrected, or that the service is free of viruses or other harmful components.
Users are solely responsible for their use of the platform and any associated risks. It is recommended that users take all necessary precautions when interacting with the platform or engaging in any transactions.
Indemnification
Users agree to defend, indemnify, and hold harmless the Platform Operator, its officers, directors, employees, and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from the user’s use of and access to the ONTON Finance platform, including any data or content transmitted or received by the user, any other party’s access or use of the service with the user’s username, password or other appropriate security code.
Conclusion
By accessing or using the ONTON Finance platform, users acknowledge and agree to the terms outlined herein. Users are advised to regularly review these terms to stay informed of their rights and responsibilities as changes may occur at the discretion of the Platform Operator.
Last updated April 22, 2024
ATTENTION: USE OF THE ONTON FINANCE PLATFORM FROM OR IN THE UNITED STATES, IRAN, NORTH KOREA, THE UNITED KINGDOM, THE EUROPEAN UNION, RUSSIA, HONG KONG, AFGHANISTAN, CANADA, CENTRAL AFRICAN REPUBLIC, COLOMBIA, CUBA, DEMOCRATIC REPUBLIC OF CONGO, MOZAMBIQUE, MYANMAR, NIGERIA, PEOPLE'S REPUBLIC OF CHINA, UKRAINE (CRIMEA, DONETSK, LUHANSK & ANY OTHER NON-GOVERNMENT CONTROLLED REGIONS), RWANDA, SOMALIA, SOUTH SUDAN, SYRIA, UGANDA, VENEZUELA, OR ANY OTHER UNITED STATES TERRITORY, OR BY PERSONS WHO ARE US PERSONS OR CURRENTLY OR ORDINARILY LOCATED OR RESIDENT IN THE AFOREMENTIONED COUNTRIES, IS STRICTLY PROHIBITED, REGARDLESS OF THE USER'S IP ADDRESS. UTILIZING A VIRTUAL PRIVATE NETWORK OR OTHER METHOD TO CONCEAL A USER'S RESIDENCE IN THE AFOREMENTIONED COUNTRIES IS ALSO STRICTLY PROHIBITED AND MAY RESULT IN PERMANENT BLOCKING OF USE OF THE PLATFORM IN CONNECTION WITH BLOCKCHAIN ADDRESSES SUSPECTED OF BEING TIED TO A RESIDENCE IN THE AFOREMENTIONED COUNTRIES. BY ACCESSING OR USING THIS PLATFORM, THE USER REPRESENTS AND WARRANTS THAT THEY ARE NOT LOCATED IN, UNDER THE CONTROL OF, OR A NATIONAL OR RESIDENT OF ANY RESTRICTED COUNTRY. SEE SECTION 1.2 FOR FURTHER DETAIL.
These Terms of Service ("Terms") constitute a binding legal agreement between each individual, entity, group or association who views, interacts, links to or otherwise uses or derives any benefit from the ONTON Finance platform (as defined below) ("Users") and ONTON Lab Inc., a company formed under the laws of the Republic of Panama (the owner/operator of the ONTON Finance platform) (collectively with its successors and assigns, the "Platform Operator").
Please contact us at legal@onton.finance for any questions or issues.
SUMMARY OF TERMS
Among other things, the Terms and Conditions provide that you must:
be at least eighteen years of age, of sound mental capacity and have all technical knowledge necessary or advisable to understand and evaluate the risks of the ONTON Finance platform;
agree that the ONTON Finance platform is provided for informational purposes only and is not directly or indirectly in control of or capable of interacting with the TON blockchain, Host Blockchains, and related Blockchain Systems or performing or effecting any transactions on your behalf;
agree that the ONTON Finance platform is only being provided as an aid to your own independent research and evaluation of the TON blockchain and that no representation or warranty is being made as to the accuracy or completeness of information on the ONTON Finance platform;
agree that the ability of the ONTON Finance platform to connect with third-party wallet applications or devices is not an endorsement or recommendation thereof by or on behalf of the Platform Operator, and you must assume all responsibility for selecting and evaluating and incurring the risks of any bugs, defects, malfunctions or interruptions of any third-party wallet applications or devices you directly or indirectly use in connection with the ONTON Finance platform;
comply with all applicable laws, rules and regulations;
not be a person who is subject to national or international sanctions under the laws of Panama or other applicable law;
not hold the Platform Operator or any of its representatives or affiliates liable for any damages you suffer in connection with your use of the ONTON Finance platform;
waive your right to initiate or participate in class actions relating to the ONTON Finance platform; and
resolve any disputes regarding the ONTON Finance platform pursuant to binding, confidential arbitration and waive your right to a jury trial in connection with such disputes.
The above is only a partial summary. You should read the Terms and Conditions in their entirety. In the event of any conflict or inconsistency between this summary and the Terms and Conditions relating to any issue, the Terms and Conditions will be determinative of the issue.
BACKGROUND INFORMATION
About the ONTON Finance Platform
The ONTON Finance platform aggregates and publishes publicly available third-party information, including:
the current state of Host Blockchains;
the functions and design of the ONTON Finance Protocol;
the current state of the ONTON Finance Smart Contract Systems, including all trading positions in the Traded Positions;
the amount of 'stablecoin' Blockchain Tokens that have been deposited into the ONTON Finance Smart Contract Systems by third parties known as "liquidity providers" to serve as liquidity for the creation and trading of the Traded Assets in the ONTON Finance Smart Contract Systems and the amount of actual or projected fees awarded to such liquidity providers;
the pricing of Represented Assets, through the Decentralized Oracle Network;
the trading of Traded Assets; and
the implied or express fair market prices of Blockchain Tokens, Represented Assets and Traded Assets, which may be denominated in terms of other Blockchain Tokens or other Represented Assets or Trade Assets.
The ONTON Finance platform also offers interaction methods whereby the User can indicate a transaction the User would like to perform in connection with the ONTON Finance Smart Contract Systems (such as swapping one Blockchain Token for another).
When used in this way, the ONTON Finance platform can generate a draft transaction message which the User can independently use in conjunction with a third-party wallet application or device to conduct transactions on the TON blockchain or Host Blockchains.
About ONTON Finance
The ONTON Finance Protocol is a publicly available software protocol designed to enable peer-to-peer trading, borrowing and lending of synthetic representations ('Traded Assets') of real assets (such as Blockchain Tokens, foreign national currencies, and commodities) ('Represented Assets') on compatible blockchain networks ('Host Blockchains').
Each ONTON Finance Smart Contract System is a copy of the ONTON Finance Protocol that has been compiled to machine-readable code compatible with validators on a particular blockchain network (referred to herein as a 'Host Blockchain') and, in such form, has been deployed to and become associated with one or more specific public addresses on the Host Blockchain. Each ONTON Finance Smart Contract System may enable Traded Assets to be redeemed for real Blockchain Tokens (currently onUSD stablecoins) that have been deposited by third parties known as 'liquidity providers' into the ONTON Finance Smart Contract system in exchange for the ability to receive portion of the trading fees generated by use of the ONTON Finance Smart Contract System. Through a compatible third-party wallet application or network node client compatible with the applicable Host Blockchain, users may pay validators on the applicable Host Blockchain to operate and record the results of operation of the ONTON Finance Smart Contract System on that Host Blockchain.
Relationship to ONTON Finance Smart Contract Systems
The Platform Operator does not own, operate or control the TON blockchain, Host Blockchains, or the ONTON Finance Smart Contract Systems. Using Host Blockchains or the ONTON Finance Smart Contract Systems does not require use of the ONTON Finance platform. You can always interact directly with the relevant ONTON Finance Smart Contract Systems on the applicable Host Blockchains, without use of the ONTON Finance platform or services of the Platform Operator. The ONTON Finance platform aggregates and publishes publicly available information about the ONTON Finance Smart Contract Systems in a user-friendly and convenient format. Such information is also independently available from other sources—for example, a person may directly review ONTON Finance transaction history, account balances and the ONTON Finance Smart Contract Systems on a compatible block explorer for Host Blockchains.
By combining publicly available information with the User's interactions with the ONTON Finance platform, the platform can draft standard transaction messages compatible with the ONTON Finance Smart Contract Systems which are designed to accomplish the User's operational goals as expressed through the interactions. If the User so wishes, the User may broadcast such messages to the validator network for the applicable Host Blockchains in order to initiate transactions in Blockchain Tokens or Traded Assets.
All draft transaction messages are delivered by the ONTON Finance platform via API to a compatible third-party wallet application or device selected by the User after pressing the "Connect Wallet" (or similar) button on the platform. The User must personally review and authorize all transaction messages that the User wishes to send to Host Blockchains or other Blockchain Systems; this requires the User to sign the relevant transaction message with a private cryptographic key inaccessible to the ONTON Finance platform. The User-authorized message will then be broadcast to validators through the wallet application or device and the User may pay a network fee to have the validators apply the transaction message to the applicable ONTON Finance Smart Contract System and record the results on the applicable Host Blockchain—resulting in a Blockchain Token or Traded Asset transaction being completed on the Host Blockchain.
The Platform Operator and the ONTON Finance platform are not agents or intermediaries of the User, do not store or have access to or control over any Blockchain Tokens, Represented Assets, Traded Assets, private keys, passwords, accounts or other property of the User, and are not capable of performing transactions or sending transaction messages on behalf of the User. The ONTON Finance platform does not hold and cannot purchase, sell or trade any Blockchain Tokens, Represented Assets or Traded Assets. All transactions relating to the ONTON Finance Smart Contract Systems are effected and recorded solely through the interactions of the User with the respective validators, who are not under the control of or affiliated with the Platform Operator or the ONTON Finance platform.
Disclaimers and Disclosures
Traded Assets are purely synthetic representations of Represented Assets. Represented Assets are not purchased, sold, traded, owned, held or otherwise dealt in through the ONTON Finance platform or the ONTON Finance Smart Contract Systems. Traded Assets do not entitle the User to obtain or have any ownership of or any other interest in or entitlement to any Represented Asset. Prices of Represented Assets are obtained through a Decentralized Oracle Network and may not be accurate; accordingly, prices of the Traded Assets may not accurately reflect the prices of the Represented Assets they are intended to represent.
BINDING PROVISIONS
Certain Defined Terms
"Blockchain" means a blockchain or distributed ledger technology or other similar technology.
"Blockchain System" means the combination of (i) a Blockchain; and (ii) a network of devices operating software clients or software applications that jointly or individually store, validate, process transactions with respect to, update, resolve forks with respect to and otherwise maintain, read from and write to such Blockchain.
"Blockchain Tokens" means virtual currencies, tokens and other units of account or mediums of exchange that are implemented on a Blockchain System.
"Decentralized Oracle Network" or "DON" means the network of third-party 'oracles' utilized by the ONTON Finance Smart Contract Systems to obtain pricing data regarding the Traded Assets.
"ONTON Finance Protocol" means the software code at https://github.com/ONTONFinance.
"ONTON Finance Smart Contract Systems" means all blockchain-based smart contract bytecodes that: (i) are compiled from the ONTON Finance Protocol (or any part thereof); (ii) are deployed to production Blockchain Systems; and (iii) are covered by the ONTON Finance platform.
"Host Blockchains" means each Blockchain System on which an ONTON Finance Smart Contract System has been deployed.
"ONTON Finance platform" means the web site, web pages, web applications and information and software available at or accessible through the URLs https://onton.finance/ or any sub-URL of any such URLs and any other ONTON Finance-related website or web application maintained by the Platform Operator.
"Represented Assets" means Blockchain Tokens and other assets (including national currencies (aka 'forex' or 'FX') and commodities or commodities indices (e.g., XAU, XAG)) that, through price indexing obtained through the DON, are simulated on the ONTON Finance Smart Contract Systems.
"Traded Assets" means synthetic book-entry units of account within the ONTON Finance Smart Contract Systems that simulate units or derivatives of units of the Represented Assets.
Platform Operator Discretion; Certain Risks of the ONTON Finance Platform
Each User hereby acknowledges and agrees and consents to, and assumes the risks of, the matters described in this Section 2.
Content
Platform Operator makes no representations or warranties as to the quality, origin, or ownership of any content found on or available through the ONTON Finance platform. The Platform Operator shall not be liable for any errors, misrepresentations, or omissions in, of, and about, the content, nor for the availability of the content. The Platform Operator shall not be liable for any losses, injuries, or damages from the purchase, inability to purchase, display, or use of content.
Token Lists and Token Identification
In providing information about Blockchain Tokens, Traded Assets and Represented Assets, the ONTON Finance platform makes various assumptions which may or may not be accurate. Information regarding Traded Assets and Represented Assets is sourced from a third-party Decentralized Oracle Network and the Platform Operator does not offer any representation, warranty or guaranty regarding the accuracy of such information. In providing information about Blockchain Tokens, the ONTON Finance platform may associate or presume the association of a Blockchain Token name, symbol or logo with a specific smart contract deployed to one or more Blockchain Systems. In providing all such information, the ONTON Finance platform relies upon third-party resources which may not be accurate or may not conform to a given User's expectations. Multiple smart contracts can utilize the same Blockchain Token name or Blockchain Token symbol as one another, meaning that the name or symbol of a Blockchain Token does not guarantee that it is the Blockchain Token desired by the User or generally associated with such name or symbol. Users must not rely on the name, symbol or branding of a Blockchain Token on the ONTON Finance platform, but instead must examine the specific smart contract associated with the name, symbol or branding and confirm that the Blockchain Token accords with User's expectations.
User Responsibility for Accounts & Security
Users are solely responsible for all matters relating to their accounts, addresses and Blockchain Tokens and for ensuring that all uses thereof comply fully with these Terms. Users are solely responsible for protecting the data integrity and confidentiality of their login information and passwords or private keys for the ONTON Finance platform or any wallet applications or devices used in connection with the platform. The compatibility of the ONTON Finance platform with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise or assurance regarding the fitness or security thereof.
No Platform Fees; Third-Party Fees Irreversible
There are no fees or charges for use of the ONTON Finance platform. Use of the ONTON Finance Smart Contract Systems and use of Host Blockchains are subject to third-party transaction fees. The Platform Operator does not receive such fees and has no ability to reverse or refund any amounts paid in error.
Platform Operator Has No Business Plan and May Discontinue, Limit, Terminate or Refuse Support for the ONTON Finance Platform or any Smart Contracts, Tokens or Pools
The ONTON Finance platform is a free web application operated and maintained in the sole and absolute discretion of the Platform Operator. The Platform Operator assumes no duties, liabilities, obligations or undertakings to continue operating or maintaining the availability of the ONTON Finance platform and may terminate or change the platform in any or all respects at any time. The Platform Operator has no business plan or revenue model for the ONTON Finance platform. The Platform Operator does not have revenues or a viable long-term business plan or capital-raising plan, and may become unable or unwilling to fund the operational costs of the ONTON Finance platform on a long-term basis or to fund the upgrade costs required to keep the platform up to date with current technologies.
The Platform Operator has no obligation to ensure that the ONTON Finance platform is a complete and accurate source of all information relating to the ONTON Finance Smart Contract Systems, Host Blockchains, Blockchain Tokens, Represented Assets, Traded Assets, or any other subject matter. The ONTON Finance platform does not necessarily display all Blockchain Tokens or Traded Assets that are available for trading in connection with the ONTON Finance Smart Contract Systems or Host Blockchains. Even if the ONTON Finance platform currently displays a particular Blockchain Token or Traded Assets or Blockchain Tokens or Represented Assets pair, the platform may discontinue tracking and publishing information about those assets or pairs at any time, in the Platform Operator's sole and absolute discretion. In the event of such a discontinuation, Users may need to rely on third-party resources such as block explorers or Blockchain System nodes in order to get equivalent information, and, depending on the User's level of expertise and the quality of such third-party resources, this may result in the User incurring financial losses due to delays or mistakes in processing information or transactions.
The ONTON Finance Protocol is available under a free open-source license, and the Platform Operator does not have proprietary or exclusive rights in all copies or derivatives thereof. It is possible that additional copies of the ONTON Finance Protocol or derivatives thereof will be deployed to other Blockchain Systems in the future by any person, resulting in the existence of multiple 'ONTON Finance-branded' Blockchain Systems or smart contract systems. The Platform Operator is under no obligation to publish information for all such copies of the ONTON Finance Protocol or to warn Users regarding the existence of such alternatives.
Platform Operator May Deny or Limit Access on a Targeted Basis
The Platform Operator reserves the right to terminate or limit any person's User status or access to or use of the ONTON Finance platform at any time, without or without notice, as determined in the Platform Operator's sole and absolute discretion. Such terminations and limitations may be based on any factor or combination of factors, including a person's identity, blockchain address, IP address, internet service provider, virtual provider network provider, metadata, browser type, or other technical or personal information deemed relevant by the Platform Operator. This means that the Platform Operator may implement measures to specifically deny or restrict access to the ONTON Finance platform for certain users or groups based on the aforementioned criteria, at its discretion.
Further, the Platform Operator does not commit to providing reasons or explanations for such targeted terminations or restrictions, which could occur with or without prior notice to the affected users. Users are encouraged to ensure compliance with the Terms at all times, as violations could lead to such restrictions.
No Liability for Third-Party Services and External Links
The ONTON Finance platform may contain links to third-party websites or services that are not owned or controlled by the Platform Operator. The Platform Operator has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party websites or services. Users are advised that they access and use these third-party sites and services at their own risk.
The Platform Operator will not be liable for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on any such third-party content, goods, or services available on or through any such websites or services. Users are responsible for reading and understanding the terms and privacy policies of any third-party websites they navigate to from the ONTON Finance platform.
Modifications to Terms
The Platform Operator reserves the right to modify or replace these Terms at any time. Users will be notified of any changes through updates or revisions to the Terms posted on the ONTON Finance platform. It is the responsibility of the users to check these Terms periodically for changes. Continued use of the platform after any such changes shall constitute the user’s acceptance of the revised terms.
This section aims to make users aware that their continuous interaction with the platform requires acceptance of and compliance with any updated or modified terms. Non-compliance may result in restricted access or termination of user privileges on the ONTON Finance platform.
Disclaimer of Warranties
The ONTON Finance platform is provided on an "as is" and "as available" basis without any warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Platform Operator does not warrant that the platform will function uninterrupted, be secure or available at any particular time or location; nor does it warrant that any errors or defects will be corrected, or that the service is free of viruses or other harmful components.
Users are solely responsible for their use of the platform and any associated risks. It is recommended that users take all necessary precautions when interacting with the platform or engaging in any transactions.
Indemnification
Users agree to defend, indemnify, and hold harmless the Platform Operator, its officers, directors, employees, and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from the user’s use of and access to the ONTON Finance platform, including any data or content transmitted or received by the user, any other party’s access or use of the service with the user’s username, password or other appropriate security code.
Conclusion
By accessing or using the ONTON Finance platform, users acknowledge and agree to the terms outlined herein. Users are advised to regularly review these terms to stay informed of their rights and responsibilities as changes may occur at the discretion of the Platform Operator.
Last updated April 22, 2024
ATTENTION: USE OF THE ONTON FINANCE PLATFORM FROM OR IN THE UNITED STATES, IRAN, NORTH KOREA, THE UNITED KINGDOM, THE EUROPEAN UNION, RUSSIA, HONG KONG, AFGHANISTAN, CANADA, CENTRAL AFRICAN REPUBLIC, COLOMBIA, CUBA, DEMOCRATIC REPUBLIC OF CONGO, MOZAMBIQUE, MYANMAR, NIGERIA, PEOPLE'S REPUBLIC OF CHINA, UKRAINE (CRIMEA, DONETSK, LUHANSK & ANY OTHER NON-GOVERNMENT CONTROLLED REGIONS), RWANDA, SOMALIA, SOUTH SUDAN, SYRIA, UGANDA, VENEZUELA, OR ANY OTHER UNITED STATES TERRITORY, OR BY PERSONS WHO ARE US PERSONS OR CURRENTLY OR ORDINARILY LOCATED OR RESIDENT IN THE AFOREMENTIONED COUNTRIES, IS STRICTLY PROHIBITED, REGARDLESS OF THE USER'S IP ADDRESS. UTILIZING A VIRTUAL PRIVATE NETWORK OR OTHER METHOD TO CONCEAL A USER'S RESIDENCE IN THE AFOREMENTIONED COUNTRIES IS ALSO STRICTLY PROHIBITED AND MAY RESULT IN PERMANENT BLOCKING OF USE OF THE PLATFORM IN CONNECTION WITH BLOCKCHAIN ADDRESSES SUSPECTED OF BEING TIED TO A RESIDENCE IN THE AFOREMENTIONED COUNTRIES. BY ACCESSING OR USING THIS PLATFORM, THE USER REPRESENTS AND WARRANTS THAT THEY ARE NOT LOCATED IN, UNDER THE CONTROL OF, OR A NATIONAL OR RESIDENT OF ANY RESTRICTED COUNTRY. SEE SECTION 1.2 FOR FURTHER DETAIL.
These Terms of Service ("Terms") constitute a binding legal agreement between each individual, entity, group or association who views, interacts, links to or otherwise uses or derives any benefit from the ONTON Finance platform (as defined below) ("Users") and ONTON Lab Inc., a company formed under the laws of the Republic of Panama (the owner/operator of the ONTON Finance platform) (collectively with its successors and assigns, the "Platform Operator").
Please contact us at legal@onton.finance for any questions or issues.
SUMMARY OF TERMS
Among other things, the Terms and Conditions provide that you must:
be at least eighteen years of age, of sound mental capacity and have all technical knowledge necessary or advisable to understand and evaluate the risks of the ONTON Finance platform;
agree that the ONTON Finance platform is provided for informational purposes only and is not directly or indirectly in control of or capable of interacting with the TON blockchain, Host Blockchains, and related Blockchain Systems or performing or effecting any transactions on your behalf;
agree that the ONTON Finance platform is only being provided as an aid to your own independent research and evaluation of the TON blockchain and that no representation or warranty is being made as to the accuracy or completeness of information on the ONTON Finance platform;
agree that the ability of the ONTON Finance platform to connect with third-party wallet applications or devices is not an endorsement or recommendation thereof by or on behalf of the Platform Operator, and you must assume all responsibility for selecting and evaluating and incurring the risks of any bugs, defects, malfunctions or interruptions of any third-party wallet applications or devices you directly or indirectly use in connection with the ONTON Finance platform;
comply with all applicable laws, rules and regulations;
not be a person who is subject to national or international sanctions under the laws of Panama or other applicable law;
not hold the Platform Operator or any of its representatives or affiliates liable for any damages you suffer in connection with your use of the ONTON Finance platform;
waive your right to initiate or participate in class actions relating to the ONTON Finance platform; and
resolve any disputes regarding the ONTON Finance platform pursuant to binding, confidential arbitration and waive your right to a jury trial in connection with such disputes.
The above is only a partial summary. You should read the Terms and Conditions in their entirety. In the event of any conflict or inconsistency between this summary and the Terms and Conditions relating to any issue, the Terms and Conditions will be determinative of the issue.
BACKGROUND INFORMATION
About the ONTON Finance Platform
The ONTON Finance platform aggregates and publishes publicly available third-party information, including:
the current state of Host Blockchains;
the functions and design of the ONTON Finance Protocol;
the current state of the ONTON Finance Smart Contract Systems, including all trading positions in the Traded Positions;
the amount of 'stablecoin' Blockchain Tokens that have been deposited into the ONTON Finance Smart Contract Systems by third parties known as "liquidity providers" to serve as liquidity for the creation and trading of the Traded Assets in the ONTON Finance Smart Contract Systems and the amount of actual or projected fees awarded to such liquidity providers;
the pricing of Represented Assets, through the Decentralized Oracle Network;
the trading of Traded Assets; and
the implied or express fair market prices of Blockchain Tokens, Represented Assets and Traded Assets, which may be denominated in terms of other Blockchain Tokens or other Represented Assets or Trade Assets.
The ONTON Finance platform also offers interaction methods whereby the User can indicate a transaction the User would like to perform in connection with the ONTON Finance Smart Contract Systems (such as swapping one Blockchain Token for another).
When used in this way, the ONTON Finance platform can generate a draft transaction message which the User can independently use in conjunction with a third-party wallet application or device to conduct transactions on the TON blockchain or Host Blockchains.
About ONTON Finance
The ONTON Finance Protocol is a publicly available software protocol designed to enable peer-to-peer trading, borrowing and lending of synthetic representations ('Traded Assets') of real assets (such as Blockchain Tokens, foreign national currencies, and commodities) ('Represented Assets') on compatible blockchain networks ('Host Blockchains').
Each ONTON Finance Smart Contract System is a copy of the ONTON Finance Protocol that has been compiled to machine-readable code compatible with validators on a particular blockchain network (referred to herein as a 'Host Blockchain') and, in such form, has been deployed to and become associated with one or more specific public addresses on the Host Blockchain. Each ONTON Finance Smart Contract System may enable Traded Assets to be redeemed for real Blockchain Tokens (currently onUSD stablecoins) that have been deposited by third parties known as 'liquidity providers' into the ONTON Finance Smart Contract system in exchange for the ability to receive portion of the trading fees generated by use of the ONTON Finance Smart Contract System. Through a compatible third-party wallet application or network node client compatible with the applicable Host Blockchain, users may pay validators on the applicable Host Blockchain to operate and record the results of operation of the ONTON Finance Smart Contract System on that Host Blockchain.
Relationship to ONTON Finance Smart Contract Systems
The Platform Operator does not own, operate or control the TON blockchain, Host Blockchains, or the ONTON Finance Smart Contract Systems. Using Host Blockchains or the ONTON Finance Smart Contract Systems does not require use of the ONTON Finance platform. You can always interact directly with the relevant ONTON Finance Smart Contract Systems on the applicable Host Blockchains, without use of the ONTON Finance platform or services of the Platform Operator. The ONTON Finance platform aggregates and publishes publicly available information about the ONTON Finance Smart Contract Systems in a user-friendly and convenient format. Such information is also independently available from other sources—for example, a person may directly review ONTON Finance transaction history, account balances and the ONTON Finance Smart Contract Systems on a compatible block explorer for Host Blockchains.
By combining publicly available information with the User's interactions with the ONTON Finance platform, the platform can draft standard transaction messages compatible with the ONTON Finance Smart Contract Systems which are designed to accomplish the User's operational goals as expressed through the interactions. If the User so wishes, the User may broadcast such messages to the validator network for the applicable Host Blockchains in order to initiate transactions in Blockchain Tokens or Traded Assets.
All draft transaction messages are delivered by the ONTON Finance platform via API to a compatible third-party wallet application or device selected by the User after pressing the "Connect Wallet" (or similar) button on the platform. The User must personally review and authorize all transaction messages that the User wishes to send to Host Blockchains or other Blockchain Systems; this requires the User to sign the relevant transaction message with a private cryptographic key inaccessible to the ONTON Finance platform. The User-authorized message will then be broadcast to validators through the wallet application or device and the User may pay a network fee to have the validators apply the transaction message to the applicable ONTON Finance Smart Contract System and record the results on the applicable Host Blockchain—resulting in a Blockchain Token or Traded Asset transaction being completed on the Host Blockchain.
The Platform Operator and the ONTON Finance platform are not agents or intermediaries of the User, do not store or have access to or control over any Blockchain Tokens, Represented Assets, Traded Assets, private keys, passwords, accounts or other property of the User, and are not capable of performing transactions or sending transaction messages on behalf of the User. The ONTON Finance platform does not hold and cannot purchase, sell or trade any Blockchain Tokens, Represented Assets or Traded Assets. All transactions relating to the ONTON Finance Smart Contract Systems are effected and recorded solely through the interactions of the User with the respective validators, who are not under the control of or affiliated with the Platform Operator or the ONTON Finance platform.
Disclaimers and Disclosures
Traded Assets are purely synthetic representations of Represented Assets. Represented Assets are not purchased, sold, traded, owned, held or otherwise dealt in through the ONTON Finance platform or the ONTON Finance Smart Contract Systems. Traded Assets do not entitle the User to obtain or have any ownership of or any other interest in or entitlement to any Represented Asset. Prices of Represented Assets are obtained through a Decentralized Oracle Network and may not be accurate; accordingly, prices of the Traded Assets may not accurately reflect the prices of the Represented Assets they are intended to represent.
BINDING PROVISIONS
Certain Defined Terms
"Blockchain" means a blockchain or distributed ledger technology or other similar technology.
"Blockchain System" means the combination of (i) a Blockchain; and (ii) a network of devices operating software clients or software applications that jointly or individually store, validate, process transactions with respect to, update, resolve forks with respect to and otherwise maintain, read from and write to such Blockchain.
"Blockchain Tokens" means virtual currencies, tokens and other units of account or mediums of exchange that are implemented on a Blockchain System.
"Decentralized Oracle Network" or "DON" means the network of third-party 'oracles' utilized by the ONTON Finance Smart Contract Systems to obtain pricing data regarding the Traded Assets.
"ONTON Finance Protocol" means the software code at https://github.com/ONTONFinance.
"ONTON Finance Smart Contract Systems" means all blockchain-based smart contract bytecodes that: (i) are compiled from the ONTON Finance Protocol (or any part thereof); (ii) are deployed to production Blockchain Systems; and (iii) are covered by the ONTON Finance platform.
"Host Blockchains" means each Blockchain System on which an ONTON Finance Smart Contract System has been deployed.
"ONTON Finance platform" means the web site, web pages, web applications and information and software available at or accessible through the URLs https://onton.finance/ or any sub-URL of any such URLs and any other ONTON Finance-related website or web application maintained by the Platform Operator.
"Represented Assets" means Blockchain Tokens and other assets (including national currencies (aka 'forex' or 'FX') and commodities or commodities indices (e.g., XAU, XAG)) that, through price indexing obtained through the DON, are simulated on the ONTON Finance Smart Contract Systems.
"Traded Assets" means synthetic book-entry units of account within the ONTON Finance Smart Contract Systems that simulate units or derivatives of units of the Represented Assets.
Platform Operator Discretion; Certain Risks of the ONTON Finance Platform
Each User hereby acknowledges and agrees and consents to, and assumes the risks of, the matters described in this Section 2.
Content
Platform Operator makes no representations or warranties as to the quality, origin, or ownership of any content found on or available through the ONTON Finance platform. The Platform Operator shall not be liable for any errors, misrepresentations, or omissions in, of, and about, the content, nor for the availability of the content. The Platform Operator shall not be liable for any losses, injuries, or damages from the purchase, inability to purchase, display, or use of content.
Token Lists and Token Identification
In providing information about Blockchain Tokens, Traded Assets and Represented Assets, the ONTON Finance platform makes various assumptions which may or may not be accurate. Information regarding Traded Assets and Represented Assets is sourced from a third-party Decentralized Oracle Network and the Platform Operator does not offer any representation, warranty or guaranty regarding the accuracy of such information. In providing information about Blockchain Tokens, the ONTON Finance platform may associate or presume the association of a Blockchain Token name, symbol or logo with a specific smart contract deployed to one or more Blockchain Systems. In providing all such information, the ONTON Finance platform relies upon third-party resources which may not be accurate or may not conform to a given User's expectations. Multiple smart contracts can utilize the same Blockchain Token name or Blockchain Token symbol as one another, meaning that the name or symbol of a Blockchain Token does not guarantee that it is the Blockchain Token desired by the User or generally associated with such name or symbol. Users must not rely on the name, symbol or branding of a Blockchain Token on the ONTON Finance platform, but instead must examine the specific smart contract associated with the name, symbol or branding and confirm that the Blockchain Token accords with User's expectations.
User Responsibility for Accounts & Security
Users are solely responsible for all matters relating to their accounts, addresses and Blockchain Tokens and for ensuring that all uses thereof comply fully with these Terms. Users are solely responsible for protecting the data integrity and confidentiality of their login information and passwords or private keys for the ONTON Finance platform or any wallet applications or devices used in connection with the platform. The compatibility of the ONTON Finance platform with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise or assurance regarding the fitness or security thereof.
No Platform Fees; Third-Party Fees Irreversible
There are no fees or charges for use of the ONTON Finance platform. Use of the ONTON Finance Smart Contract Systems and use of Host Blockchains are subject to third-party transaction fees. The Platform Operator does not receive such fees and has no ability to reverse or refund any amounts paid in error.
Platform Operator Has No Business Plan and May Discontinue, Limit, Terminate or Refuse Support for the ONTON Finance Platform or any Smart Contracts, Tokens or Pools
The ONTON Finance platform is a free web application operated and maintained in the sole and absolute discretion of the Platform Operator. The Platform Operator assumes no duties, liabilities, obligations or undertakings to continue operating or maintaining the availability of the ONTON Finance platform and may terminate or change the platform in any or all respects at any time. The Platform Operator has no business plan or revenue model for the ONTON Finance platform. The Platform Operator does not have revenues or a viable long-term business plan or capital-raising plan, and may become unable or unwilling to fund the operational costs of the ONTON Finance platform on a long-term basis or to fund the upgrade costs required to keep the platform up to date with current technologies.
The Platform Operator has no obligation to ensure that the ONTON Finance platform is a complete and accurate source of all information relating to the ONTON Finance Smart Contract Systems, Host Blockchains, Blockchain Tokens, Represented Assets, Traded Assets, or any other subject matter. The ONTON Finance platform does not necessarily display all Blockchain Tokens or Traded Assets that are available for trading in connection with the ONTON Finance Smart Contract Systems or Host Blockchains. Even if the ONTON Finance platform currently displays a particular Blockchain Token or Traded Assets or Blockchain Tokens or Represented Assets pair, the platform may discontinue tracking and publishing information about those assets or pairs at any time, in the Platform Operator's sole and absolute discretion. In the event of such a discontinuation, Users may need to rely on third-party resources such as block explorers or Blockchain System nodes in order to get equivalent information, and, depending on the User's level of expertise and the quality of such third-party resources, this may result in the User incurring financial losses due to delays or mistakes in processing information or transactions.
The ONTON Finance Protocol is available under a free open-source license, and the Platform Operator does not have proprietary or exclusive rights in all copies or derivatives thereof. It is possible that additional copies of the ONTON Finance Protocol or derivatives thereof will be deployed to other Blockchain Systems in the future by any person, resulting in the existence of multiple 'ONTON Finance-branded' Blockchain Systems or smart contract systems. The Platform Operator is under no obligation to publish information for all such copies of the ONTON Finance Protocol or to warn Users regarding the existence of such alternatives.
Platform Operator May Deny or Limit Access on a Targeted Basis
The Platform Operator reserves the right to terminate or limit any person's User status or access to or use of the ONTON Finance platform at any time, without or without notice, as determined in the Platform Operator's sole and absolute discretion. Such terminations and limitations may be based on any factor or combination of factors, including a person's identity, blockchain address, IP address, internet service provider, virtual provider network provider, metadata, browser type, or other technical or personal information deemed relevant by the Platform Operator. This means that the Platform Operator may implement measures to specifically deny or restrict access to the ONTON Finance platform for certain users or groups based on the aforementioned criteria, at its discretion.
Further, the Platform Operator does not commit to providing reasons or explanations for such targeted terminations or restrictions, which could occur with or without prior notice to the affected users. Users are encouraged to ensure compliance with the Terms at all times, as violations could lead to such restrictions.
No Liability for Third-Party Services and External Links
The ONTON Finance platform may contain links to third-party websites or services that are not owned or controlled by the Platform Operator. The Platform Operator has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party websites or services. Users are advised that they access and use these third-party sites and services at their own risk.
The Platform Operator will not be liable for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on any such third-party content, goods, or services available on or through any such websites or services. Users are responsible for reading and understanding the terms and privacy policies of any third-party websites they navigate to from the ONTON Finance platform.
Modifications to Terms
The Platform Operator reserves the right to modify or replace these Terms at any time. Users will be notified of any changes through updates or revisions to the Terms posted on the ONTON Finance platform. It is the responsibility of the users to check these Terms periodically for changes. Continued use of the platform after any such changes shall constitute the user’s acceptance of the revised terms.
This section aims to make users aware that their continuous interaction with the platform requires acceptance of and compliance with any updated or modified terms. Non-compliance may result in restricted access or termination of user privileges on the ONTON Finance platform.
Disclaimer of Warranties
The ONTON Finance platform is provided on an "as is" and "as available" basis without any warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Platform Operator does not warrant that the platform will function uninterrupted, be secure or available at any particular time or location; nor does it warrant that any errors or defects will be corrected, or that the service is free of viruses or other harmful components.
Users are solely responsible for their use of the platform and any associated risks. It is recommended that users take all necessary precautions when interacting with the platform or engaging in any transactions.
Indemnification
Users agree to defend, indemnify, and hold harmless the Platform Operator, its officers, directors, employees, and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from the user’s use of and access to the ONTON Finance platform, including any data or content transmitted or received by the user, any other party’s access or use of the service with the user’s username, password or other appropriate security code.
Conclusion
By accessing or using the ONTON Finance platform, users acknowledge and agree to the terms outlined herein. Users are advised to regularly review these terms to stay informed of their rights and responsibilities as changes may occur at the discretion of the Platform Operator.
Last updated April 22, 2024
ATTENTION: USE OF THE ONTON FINANCE PLATFORM FROM OR IN THE UNITED STATES, IRAN, NORTH KOREA, THE UNITED KINGDOM, THE EUROPEAN UNION, RUSSIA, HONG KONG, AFGHANISTAN, CANADA, CENTRAL AFRICAN REPUBLIC, COLOMBIA, CUBA, DEMOCRATIC REPUBLIC OF CONGO, MOZAMBIQUE, MYANMAR, NIGERIA, PEOPLE'S REPUBLIC OF CHINA, UKRAINE (CRIMEA, DONETSK, LUHANSK & ANY OTHER NON-GOVERNMENT CONTROLLED REGIONS), RWANDA, SOMALIA, SOUTH SUDAN, SYRIA, UGANDA, VENEZUELA, OR ANY OTHER UNITED STATES TERRITORY, OR BY PERSONS WHO ARE US PERSONS OR CURRENTLY OR ORDINARILY LOCATED OR RESIDENT IN THE AFOREMENTIONED COUNTRIES, IS STRICTLY PROHIBITED, REGARDLESS OF THE USER'S IP ADDRESS. UTILIZING A VIRTUAL PRIVATE NETWORK OR OTHER METHOD TO CONCEAL A USER'S RESIDENCE IN THE AFOREMENTIONED COUNTRIES IS ALSO STRICTLY PROHIBITED AND MAY RESULT IN PERMANENT BLOCKING OF USE OF THE PLATFORM IN CONNECTION WITH BLOCKCHAIN ADDRESSES SUSPECTED OF BEING TIED TO A RESIDENCE IN THE AFOREMENTIONED COUNTRIES. BY ACCESSING OR USING THIS PLATFORM, THE USER REPRESENTS AND WARRANTS THAT THEY ARE NOT LOCATED IN, UNDER THE CONTROL OF, OR A NATIONAL OR RESIDENT OF ANY RESTRICTED COUNTRY. SEE SECTION 1.2 FOR FURTHER DETAIL.
These Terms of Service ("Terms") constitute a binding legal agreement between each individual, entity, group or association who views, interacts, links to or otherwise uses or derives any benefit from the ONTON Finance platform (as defined below) ("Users") and ONTON Lab Inc., a company formed under the laws of the Republic of Panama (the owner/operator of the ONTON Finance platform) (collectively with its successors and assigns, the "Platform Operator").
Please contact us at legal@onton.finance for any questions or issues.
SUMMARY OF TERMS
Among other things, the Terms and Conditions provide that you must:
be at least eighteen years of age, of sound mental capacity and have all technical knowledge necessary or advisable to understand and evaluate the risks of the ONTON Finance platform;
agree that the ONTON Finance platform is provided for informational purposes only and is not directly or indirectly in control of or capable of interacting with the TON blockchain, Host Blockchains, and related Blockchain Systems or performing or effecting any transactions on your behalf;
agree that the ONTON Finance platform is only being provided as an aid to your own independent research and evaluation of the TON blockchain and that no representation or warranty is being made as to the accuracy or completeness of information on the ONTON Finance platform;
agree that the ability of the ONTON Finance platform to connect with third-party wallet applications or devices is not an endorsement or recommendation thereof by or on behalf of the Platform Operator, and you must assume all responsibility for selecting and evaluating and incurring the risks of any bugs, defects, malfunctions or interruptions of any third-party wallet applications or devices you directly or indirectly use in connection with the ONTON Finance platform;
comply with all applicable laws, rules and regulations;
not be a person who is subject to national or international sanctions under the laws of Panama or other applicable law;
not hold the Platform Operator or any of its representatives or affiliates liable for any damages you suffer in connection with your use of the ONTON Finance platform;
waive your right to initiate or participate in class actions relating to the ONTON Finance platform; and
resolve any disputes regarding the ONTON Finance platform pursuant to binding, confidential arbitration and waive your right to a jury trial in connection with such disputes.
The above is only a partial summary. You should read the Terms and Conditions in their entirety. In the event of any conflict or inconsistency between this summary and the Terms and Conditions relating to any issue, the Terms and Conditions will be determinative of the issue.
BACKGROUND INFORMATION
About the ONTON Finance Platform
The ONTON Finance platform aggregates and publishes publicly available third-party information, including:
the current state of Host Blockchains;
the functions and design of the ONTON Finance Protocol;
the current state of the ONTON Finance Smart Contract Systems, including all trading positions in the Traded Positions;
the amount of 'stablecoin' Blockchain Tokens that have been deposited into the ONTON Finance Smart Contract Systems by third parties known as "liquidity providers" to serve as liquidity for the creation and trading of the Traded Assets in the ONTON Finance Smart Contract Systems and the amount of actual or projected fees awarded to such liquidity providers;
the pricing of Represented Assets, through the Decentralized Oracle Network;
the trading of Traded Assets; and
the implied or express fair market prices of Blockchain Tokens, Represented Assets and Traded Assets, which may be denominated in terms of other Blockchain Tokens or other Represented Assets or Trade Assets.
The ONTON Finance platform also offers interaction methods whereby the User can indicate a transaction the User would like to perform in connection with the ONTON Finance Smart Contract Systems (such as swapping one Blockchain Token for another).
When used in this way, the ONTON Finance platform can generate a draft transaction message which the User can independently use in conjunction with a third-party wallet application or device to conduct transactions on the TON blockchain or Host Blockchains.
About ONTON Finance
The ONTON Finance Protocol is a publicly available software protocol designed to enable peer-to-peer trading, borrowing and lending of synthetic representations ('Traded Assets') of real assets (such as Blockchain Tokens, foreign national currencies, and commodities) ('Represented Assets') on compatible blockchain networks ('Host Blockchains').
Each ONTON Finance Smart Contract System is a copy of the ONTON Finance Protocol that has been compiled to machine-readable code compatible with validators on a particular blockchain network (referred to herein as a 'Host Blockchain') and, in such form, has been deployed to and become associated with one or more specific public addresses on the Host Blockchain. Each ONTON Finance Smart Contract System may enable Traded Assets to be redeemed for real Blockchain Tokens (currently onUSD stablecoins) that have been deposited by third parties known as 'liquidity providers' into the ONTON Finance Smart Contract system in exchange for the ability to receive portion of the trading fees generated by use of the ONTON Finance Smart Contract System. Through a compatible third-party wallet application or network node client compatible with the applicable Host Blockchain, users may pay validators on the applicable Host Blockchain to operate and record the results of operation of the ONTON Finance Smart Contract System on that Host Blockchain.
Relationship to ONTON Finance Smart Contract Systems
The Platform Operator does not own, operate or control the TON blockchain, Host Blockchains, or the ONTON Finance Smart Contract Systems. Using Host Blockchains or the ONTON Finance Smart Contract Systems does not require use of the ONTON Finance platform. You can always interact directly with the relevant ONTON Finance Smart Contract Systems on the applicable Host Blockchains, without use of the ONTON Finance platform or services of the Platform Operator. The ONTON Finance platform aggregates and publishes publicly available information about the ONTON Finance Smart Contract Systems in a user-friendly and convenient format. Such information is also independently available from other sources—for example, a person may directly review ONTON Finance transaction history, account balances and the ONTON Finance Smart Contract Systems on a compatible block explorer for Host Blockchains.
By combining publicly available information with the User's interactions with the ONTON Finance platform, the platform can draft standard transaction messages compatible with the ONTON Finance Smart Contract Systems which are designed to accomplish the User's operational goals as expressed through the interactions. If the User so wishes, the User may broadcast such messages to the validator network for the applicable Host Blockchains in order to initiate transactions in Blockchain Tokens or Traded Assets.
All draft transaction messages are delivered by the ONTON Finance platform via API to a compatible third-party wallet application or device selected by the User after pressing the "Connect Wallet" (or similar) button on the platform. The User must personally review and authorize all transaction messages that the User wishes to send to Host Blockchains or other Blockchain Systems; this requires the User to sign the relevant transaction message with a private cryptographic key inaccessible to the ONTON Finance platform. The User-authorized message will then be broadcast to validators through the wallet application or device and the User may pay a network fee to have the validators apply the transaction message to the applicable ONTON Finance Smart Contract System and record the results on the applicable Host Blockchain—resulting in a Blockchain Token or Traded Asset transaction being completed on the Host Blockchain.
The Platform Operator and the ONTON Finance platform are not agents or intermediaries of the User, do not store or have access to or control over any Blockchain Tokens, Represented Assets, Traded Assets, private keys, passwords, accounts or other property of the User, and are not capable of performing transactions or sending transaction messages on behalf of the User. The ONTON Finance platform does not hold and cannot purchase, sell or trade any Blockchain Tokens, Represented Assets or Traded Assets. All transactions relating to the ONTON Finance Smart Contract Systems are effected and recorded solely through the interactions of the User with the respective validators, who are not under the control of or affiliated with the Platform Operator or the ONTON Finance platform.
Disclaimers and Disclosures
Traded Assets are purely synthetic representations of Represented Assets. Represented Assets are not purchased, sold, traded, owned, held or otherwise dealt in through the ONTON Finance platform or the ONTON Finance Smart Contract Systems. Traded Assets do not entitle the User to obtain or have any ownership of or any other interest in or entitlement to any Represented Asset. Prices of Represented Assets are obtained through a Decentralized Oracle Network and may not be accurate; accordingly, prices of the Traded Assets may not accurately reflect the prices of the Represented Assets they are intended to represent.
BINDING PROVISIONS
Certain Defined Terms
"Blockchain" means a blockchain or distributed ledger technology or other similar technology.
"Blockchain System" means the combination of (i) a Blockchain; and (ii) a network of devices operating software clients or software applications that jointly or individually store, validate, process transactions with respect to, update, resolve forks with respect to and otherwise maintain, read from and write to such Blockchain.
"Blockchain Tokens" means virtual currencies, tokens and other units of account or mediums of exchange that are implemented on a Blockchain System.
"Decentralized Oracle Network" or "DON" means the network of third-party 'oracles' utilized by the ONTON Finance Smart Contract Systems to obtain pricing data regarding the Traded Assets.
"ONTON Finance Protocol" means the software code at https://github.com/ONTONFinance.
"ONTON Finance Smart Contract Systems" means all blockchain-based smart contract bytecodes that: (i) are compiled from the ONTON Finance Protocol (or any part thereof); (ii) are deployed to production Blockchain Systems; and (iii) are covered by the ONTON Finance platform.
"Host Blockchains" means each Blockchain System on which an ONTON Finance Smart Contract System has been deployed.
"ONTON Finance platform" means the web site, web pages, web applications and information and software available at or accessible through the URLs https://onton.finance/ or any sub-URL of any such URLs and any other ONTON Finance-related website or web application maintained by the Platform Operator.
"Represented Assets" means Blockchain Tokens and other assets (including national currencies (aka 'forex' or 'FX') and commodities or commodities indices (e.g., XAU, XAG)) that, through price indexing obtained through the DON, are simulated on the ONTON Finance Smart Contract Systems.
"Traded Assets" means synthetic book-entry units of account within the ONTON Finance Smart Contract Systems that simulate units or derivatives of units of the Represented Assets.
Platform Operator Discretion; Certain Risks of the ONTON Finance Platform
Each User hereby acknowledges and agrees and consents to, and assumes the risks of, the matters described in this Section 2.
Content
Platform Operator makes no representations or warranties as to the quality, origin, or ownership of any content found on or available through the ONTON Finance platform. The Platform Operator shall not be liable for any errors, misrepresentations, or omissions in, of, and about, the content, nor for the availability of the content. The Platform Operator shall not be liable for any losses, injuries, or damages from the purchase, inability to purchase, display, or use of content.
Token Lists and Token Identification
In providing information about Blockchain Tokens, Traded Assets and Represented Assets, the ONTON Finance platform makes various assumptions which may or may not be accurate. Information regarding Traded Assets and Represented Assets is sourced from a third-party Decentralized Oracle Network and the Platform Operator does not offer any representation, warranty or guaranty regarding the accuracy of such information. In providing information about Blockchain Tokens, the ONTON Finance platform may associate or presume the association of a Blockchain Token name, symbol or logo with a specific smart contract deployed to one or more Blockchain Systems. In providing all such information, the ONTON Finance platform relies upon third-party resources which may not be accurate or may not conform to a given User's expectations. Multiple smart contracts can utilize the same Blockchain Token name or Blockchain Token symbol as one another, meaning that the name or symbol of a Blockchain Token does not guarantee that it is the Blockchain Token desired by the User or generally associated with such name or symbol. Users must not rely on the name, symbol or branding of a Blockchain Token on the ONTON Finance platform, but instead must examine the specific smart contract associated with the name, symbol or branding and confirm that the Blockchain Token accords with User's expectations.
User Responsibility for Accounts & Security
Users are solely responsible for all matters relating to their accounts, addresses and Blockchain Tokens and for ensuring that all uses thereof comply fully with these Terms. Users are solely responsible for protecting the data integrity and confidentiality of their login information and passwords or private keys for the ONTON Finance platform or any wallet applications or devices used in connection with the platform. The compatibility of the ONTON Finance platform with wallet applications and devices or other third-party applications or devices is not intended as, and you hereby agree not to construe such compatibility as, an endorsement or recommendation thereof or a warranty, guarantee, promise or assurance regarding the fitness or security thereof.
No Platform Fees; Third-Party Fees Irreversible
There are no fees or charges for use of the ONTON Finance platform. Use of the ONTON Finance Smart Contract Systems and use of Host Blockchains are subject to third-party transaction fees. The Platform Operator does not receive such fees and has no ability to reverse or refund any amounts paid in error.
Platform Operator Has No Business Plan and May Discontinue, Limit, Terminate or Refuse Support for the ONTON Finance Platform or any Smart Contracts, Tokens or Pools
The ONTON Finance platform is a free web application operated and maintained in the sole and absolute discretion of the Platform Operator. The Platform Operator assumes no duties, liabilities, obligations or undertakings to continue operating or maintaining the availability of the ONTON Finance platform and may terminate or change the platform in any or all respects at any time. The Platform Operator has no business plan or revenue model for the ONTON Finance platform. The Platform Operator does not have revenues or a viable long-term business plan or capital-raising plan, and may become unable or unwilling to fund the operational costs of the ONTON Finance platform on a long-term basis or to fund the upgrade costs required to keep the platform up to date with current technologies.
The Platform Operator has no obligation to ensure that the ONTON Finance platform is a complete and accurate source of all information relating to the ONTON Finance Smart Contract Systems, Host Blockchains, Blockchain Tokens, Represented Assets, Traded Assets, or any other subject matter. The ONTON Finance platform does not necessarily display all Blockchain Tokens or Traded Assets that are available for trading in connection with the ONTON Finance Smart Contract Systems or Host Blockchains. Even if the ONTON Finance platform currently displays a particular Blockchain Token or Traded Assets or Blockchain Tokens or Represented Assets pair, the platform may discontinue tracking and publishing information about those assets or pairs at any time, in the Platform Operator's sole and absolute discretion. In the event of such a discontinuation, Users may need to rely on third-party resources such as block explorers or Blockchain System nodes in order to get equivalent information, and, depending on the User's level of expertise and the quality of such third-party resources, this may result in the User incurring financial losses due to delays or mistakes in processing information or transactions.
The ONTON Finance Protocol is available under a free open-source license, and the Platform Operator does not have proprietary or exclusive rights in all copies or derivatives thereof. It is possible that additional copies of the ONTON Finance Protocol or derivatives thereof will be deployed to other Blockchain Systems in the future by any person, resulting in the existence of multiple 'ONTON Finance-branded' Blockchain Systems or smart contract systems. The Platform Operator is under no obligation to publish information for all such copies of the ONTON Finance Protocol or to warn Users regarding the existence of such alternatives.
Platform Operator May Deny or Limit Access on a Targeted Basis
The Platform Operator reserves the right to terminate or limit any person's User status or access to or use of the ONTON Finance platform at any time, without or without notice, as determined in the Platform Operator's sole and absolute discretion. Such terminations and limitations may be based on any factor or combination of factors, including a person's identity, blockchain address, IP address, internet service provider, virtual provider network provider, metadata, browser type, or other technical or personal information deemed relevant by the Platform Operator. This means that the Platform Operator may implement measures to specifically deny or restrict access to the ONTON Finance platform for certain users or groups based on the aforementioned criteria, at its discretion.
Further, the Platform Operator does not commit to providing reasons or explanations for such targeted terminations or restrictions, which could occur with or without prior notice to the affected users. Users are encouraged to ensure compliance with the Terms at all times, as violations could lead to such restrictions.
No Liability for Third-Party Services and External Links
The ONTON Finance platform may contain links to third-party websites or services that are not owned or controlled by the Platform Operator. The Platform Operator has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party websites or services. Users are advised that they access and use these third-party sites and services at their own risk.
The Platform Operator will not be liable for any damages or losses caused or alleged to be caused by or in connection with the use of or reliance on any such third-party content, goods, or services available on or through any such websites or services. Users are responsible for reading and understanding the terms and privacy policies of any third-party websites they navigate to from the ONTON Finance platform.
Modifications to Terms
The Platform Operator reserves the right to modify or replace these Terms at any time. Users will be notified of any changes through updates or revisions to the Terms posted on the ONTON Finance platform. It is the responsibility of the users to check these Terms periodically for changes. Continued use of the platform after any such changes shall constitute the user’s acceptance of the revised terms.
This section aims to make users aware that their continuous interaction with the platform requires acceptance of and compliance with any updated or modified terms. Non-compliance may result in restricted access or termination of user privileges on the ONTON Finance platform.
Disclaimer of Warranties
The ONTON Finance platform is provided on an "as is" and "as available" basis without any warranties of any kind, either express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, or non-infringement. The Platform Operator does not warrant that the platform will function uninterrupted, be secure or available at any particular time or location; nor does it warrant that any errors or defects will be corrected, or that the service is free of viruses or other harmful components.
Users are solely responsible for their use of the platform and any associated risks. It is recommended that users take all necessary precautions when interacting with the platform or engaging in any transactions.
Indemnification
Users agree to defend, indemnify, and hold harmless the Platform Operator, its officers, directors, employees, and agents, from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorney's fees) arising from the user’s use of and access to the ONTON Finance platform, including any data or content transmitted or received by the user, any other party’s access or use of the service with the user’s username, password or other appropriate security code.
Conclusion
By accessing or using the ONTON Finance platform, users acknowledge and agree to the terms outlined herein. Users are advised to regularly review these terms to stay informed of their rights and responsibilities as changes may occur at the discretion of the Platform Operator.