Terms of Use

ARTURA PROTOCOL TERMS OF USE

EFFECTIVE DATE: 7/15/25

LAST UPDATED: 7/15/25

CRITICAL NOTICE: READ BEFORE USE

BY CONNECTING YOUR WALLET, SIGNING ANY TRANSACTION, OR INTERACTING WITH THE ARTURA PROTOCOL IN ANY MANNER, YOU IRREVOCABLY AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE, DO NOT USE THE PROTOCOL.

1. DEFINITIONS AND SCOPE

"Artura" refers to the decentralized protocol, smart contracts, and associated infrastructure deployed on Bitcoin Layer 2 networks.

"Protocol" means all smart contracts, interfaces, and systems comprising Artura.

"You/User" means any person or entity accessing or interacting with the Protocol.

"Interaction" includes any wallet connection, transaction signature, smart contract call, or data query.

2. COMPLETE DISCLAIMER OF LIABILITY

ARTURA, ITS DEVELOPERS, CONTRIBUTORS, AND AFFILIATES DISCLAIM ALL LIABILITY FOR:

ALL FINANCIAL LOSSES regardless of cause, including but not limited to liquidations, impermanent loss, smart contract exploits, oracle failures, or market volatility

TECHNICAL FAILURES including smart contract bugs, network congestion, or infrastructure downtime

REGULATORY ACTIONS including sanctions, restrictions, or legal proceedings in any jurisdiction

THIRD-PARTY ACTIONS including exchange delistings, service provider failures, or malicious attacks

FORCE MAJEURE EVENTS including natural disasters, wars, or government actions

YOU ASSUME ALL RISKS. USE AT YOUR OWN RISK.

3. PROHIBITED USERS - COMPREHENSIVE RESTRICTIONS

YOU ARE ABSOLUTELY PROHIBITED FROM USING THE PROTOCOL IF YOU ARE:

A. OFAC Sanctioned Jurisdictions (Complete List):

Balkans (certain regions under Executive Order 14033)

Belarus

Burma (Myanmar)

Central African Republic

Cuba

Democratic Republic of the Congo

Iran

Iraq

Libya

Mali

Nicaragua

North Korea

Russia

Somalia

South Sudan

Sudan

Syria

Ukraine (certain regions under Executive Order 14065)

Venezuela

Yemen

Zimbabwe

B. Additional Restricted Jurisdictions:

Any jurisdiction where derivative trading is prohibited

Any jurisdiction where cryptocurrency use is illegal

Any jurisdiction where perpetual swaps are restricted

Any jurisdiction subject to US, EU, UK, or UN sanctions

C. Prohibited Persons:

Any individual or entity on OFAC's SDN List

Any individual or entity on OFAC's Consolidated Sanctions List

Any individual or entity designated under any sanctions program

Any person acting on behalf of prohibited persons

Any US person (citizen, resident, or entity) unless specifically exempted

Any person under 18 years of age

CIRCUMVENTING THESE RESTRICTIONS IS STRICTLY PROHIBITED AND CONSTITUTES BREACH OF CONTRACT.

4. NO GUARANTEES OR REPRESENTATIONS

ARTURA MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, INCLUDING:

No guarantee of XP conversion to tokens

No guarantee of airdrop eligibility or amounts

No guarantee of protocol functionality or uptime

No guarantee of liquidity or market access

No guarantee of regulatory compliance in your jurisdiction

No guarantee of smart contract security or bug-free operation

XP IS A NON-TRANSFERABLE METRIC WITH NO INHERENT VALUE.

5. RISK ACKNOWLEDGMENT

BY USING THE PROTOCOL, YOU ACKNOWLEDGE AND ACCEPT:

TOTAL LOSS RISK: You may lose all deposited funds

LIQUIDATION RISK: Leveraged positions may be liquidated at any time

SMART CONTRACT RISK: Code vulnerabilities may result in fund loss

REGULATORY RISK: Protocol access may be restricted without notice

ORACLE RISK: Price feed failures may cause incorrect liquidations

SLIPPAGE RISK: Transactions may execute at unfavorable prices

GOVERNANCE RISK: Protocol parameters may change unfavorably

6. INDEMNIFICATION

YOU AGREE TO INDEMNIFY AND HOLD HARMLESS ARTURA AND ALL AFFILIATED PARTIES FROM:

Any claims arising from your use of the Protocol

Any losses resulting from your violation of these Terms

Any regulatory actions taken against you

Any third-party claims related to your Protocol usage

Any taxes, penalties, or legal costs incurred

7. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY LAW:

TOTAL LIABILITY CAP: Artura's total liability shall not exceed $100 USD

NO CONSEQUENTIAL DAMAGES: No liability for indirect, incidental, or consequential damages

NO LOST PROFITS: No liability for lost profits or business interruption

NO PUNITIVE DAMAGES: No liability for punitive or exemplary damages

THESE LIMITATIONS APPLY REGARDLESS OF THE LEGAL THEORY OF LIABILITY.

8. DISPUTE RESOLUTION

ALL DISPUTES SHALL BE RESOLVED THROUGH:

BINDING ARBITRATION: Individual arbitration only, no class actions

GOVERNING LAW: Laws of the British Virgin Islands

JURISDICTION: BVI courts for any non-arbitrable matters

LANGUAGE: English language only

COSTS: Each party bears their own costs

YOU WAIVE ALL RIGHTS TO JURY TRIAL AND CLASS ACTION PARTICIPATION.

9. PROTOCOL MODIFICATIONS

ARTURA RESERVES THE RIGHT TO:

Modify or discontinue the Protocol at any time without notice

Change XP calculations or reward mechanisms

Implement geographic restrictions

Pause or halt Protocol operations

Modify these Terms without prior notice

CONTINUED USE AFTER MODIFICATIONS CONSTITUTES ACCEPTANCE.

10. COMPLIANCE OBLIGATIONS

YOU ARE SOLELY RESPONSIBLE FOR:

Compliance with all applicable laws in your jurisdiction

Obtaining any required licenses or permits

Reporting and paying all applicable taxes

Monitoring regulatory changes affecting your use

ARTURA PROVIDES NO LEGAL OR TAX ADVICE.

11. SEVERABILITY AND ENFORCEMENT

If any provision is deemed unenforceable, the remaining provisions shall remain in full force and effect. These Terms represent the entire agreement between the parties.

12. FINAL WAIVER

BY USING THE PROTOCOL, YOU PERMANENTLY AND IRREVOCABLY WAIVE:

Any right to claim damages from Artura

Any right to seek injunctive relief

Any right to participate in class actions

Any right to recover attorney's fees

Any right to challenge these Terms

CRYPTOGRAPHIC CONSENT

YOUR WALLET SIGNATURE CONSTITUTES LEGALLY BINDING ACCEPTANCE OF ALL TERMS ABOVE.

IF YOU DO NOT AGREE TO THESE TERMS IN THEIR ENTIRETY, DO NOT USE THE PROTOCOL.

This agreement is governed by the laws of the British Virgin Islands and any disputes shall be resolved in accordance with BVI law.