Terms of Service
Terms of Service for Cirrca
These Terms of Service ("Terms") govern your access to and use of Cirrca ("Platform"), a service that allows users to stake tokenized stocks, cryptocurrencies, and other digital assets to earn passive rewards, secured by smart contracts. By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree to these Terms, please do not use the Platform.
1. Definitions
Platform: Refers to Cirrca
User: Any individual or entity that uses the Platform.
Tokenized Assets: Digital representations of stocks, commodities, or other assets supported by the Platform, including but not limited to Tesla, Nvidia, SpaceX, Circle, Palantir, OpenAI, Robinhood, Coinbase, AMD, Google, Apple, Stripe, Visa, Mastercard, and Meta.
Staking: The process of locking up Tokenized Assets to earn passive rewards.
Smart Contracts: Self-executing contracts with the terms of the agreement directly written into code.
Services: All features and functionalities provided by the Platform, including staking, cross-chain swapping, and tokenization.
2. Acceptance of Terms
By using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not use the Platform.
3. User Accounts and Eligibility
To use the Platform, you must be at least 18 years old and have the legal capacity to enter into binding contracts.
You represent and warrant that you are not located in any jurisdiction where the use of the Platform is prohibited.
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account.
4. Services and Features
The Platform provides the following Services:
Staking: Users can stake Tokenized Assets to earn passive rewards. Rewards are distributed based on the staking period and the specific asset staked. Staking is secured by Smart Contracts, and there are no lockup periods or restrictions for staking tokenized stocks.
Cross-Chain Swapping: Users can swap Tokenized Assets across different blockchain networks. This service is available 24/7 with deep liquidity and low fees.
Tokenization: Users can deploy their own Tokenized Assets, including stocks, commodities, and custom assets, using the Platform's built-in tools for creation, compliance, and Smart Contract deployment.
Team Staking: Users can stake native crypto assets as part of a team or organization, earning consistent rewards suitable for DAOs, startups, or institutions.
5. Reward Calculation and Distribution
Rewards for staking are calculated based on the specific Tokenized Asset and the staking period. The Platform uses a formula that takes into account the total staked amount, the staking duration, and the asset's performance. Rewards are distributed automatically to the user's account at regular intervals, as specified for each asset.
6. Risks and Disclaimers
Using the Platform involves risks, including but not limited to:
Market Volatility: The value of Tokenized Assets and cryptocurrencies can fluctuate significantly.
Smart Contract Risks: While the Platform uses Smart Contracts to secure transactions, there is always a risk of Smart Contract failures or vulnerabilities.
Regulatory Risks: The regulatory landscape for digital assets is evolving, and changes may affect the availability or legality of the Services.
By using the Platform, you acknowledge and accept these risks. Cirrca is not a financial advisor, and you should conduct your own due diligence before participating.
7. Smart Contract Terms
All transactions on the Platform are governed by the terms of the respective Smart Contracts. By interacting with these Smart Contracts, you agree to be bound by their terms and conditions. The Platform does not guarantee the performance or security of Smart Contracts and disclaims all liability for any losses resulting from Smart Contract failures or vulnerabilities.
8. Intellectual Property
All Tokenized Assets created or deployed on the Platform are the property of the respective asset owners.
Users retain ownership of their custom Tokenized Assets but grant the Platform a limited license to use, reproduce, and distribute such assets as necessary to provide the Services.
Users agree not to infringe on any third-party intellectual property rights when creating or deploying Tokenized Assets on the Platform.
9. Fees and Payments
The Platform may charge fees for certain services, such as transaction fees for cross-chain swaps. All fees will be clearly disclosed before you confirm any transaction.
10. Privacy and Data Protection
We collect and process personal data in accordance with our Privacy Policy. By using the Platform, you consent to our collection and use of your data as described in the Privacy Policy.
11. Compliance and Regulatory Matters
The Platform complies with all applicable laws and regulations, including those related to securities, commodities, and digital assets. Tokenized Assets on the Platform may be subject to specific regulations depending on the jurisdiction. Users are responsible for understanding and complying with the laws of their jurisdiction regarding the use of Tokenized Assets.
12. Termination
The Platform may terminate or suspend your access at any time, with or without cause, for any reason, including but not limited to violation of these Terms.
13. Amendments
The Platform reserves the right to update or modify these Terms at any time. We will notify you of any changes by posting the new Terms on the Platform. Your continued use of the Platform after such changes constitutes your acceptance of the new Terms.
14. Contact Information
If you have any questions or concerns about these Terms, please contact us at hello@cirrca.com
By using Cirrca, you agree to these Terms and acknowledge that you have read, understood, and agree to be bound by them.
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