Leveller

Miracle Terms of Use

1. Introduction

Welcome to Leveller. These Terms of Use ("Terms") govern your access to and use of the Leveller platform, which operates on the Avalanche blockchain and facilitates decentralized finance (DeFi) transactions, including lending and borrowing of digital assets. By accessing or using the Leveller platform, you agree to be bound by these Terms and any additional policies or guidelines referenced herein. If you do not agree to these Terms, please refrain from using the Platform.

2. Definitions

"Platform" refers to the Leveller platform operating on the Avalanche blockchain, including all related websites (https://leveller.crypticdot.com/lending), applications, and services. "User" refers to any individual or entity that accesses or uses the Platform. "Digital Assets" includes, but is not limited to, cryptocurrencies and tokens such as AVAX and USDC. "DLMM" refers to the Constant Product Automated Market Maker structure, which is utilized by the Platform to enhance liquidity and support leveraged DeFi transactions. "Services" refers to all functionalities provided by the Platform, including lending, borrowing, trading, and any ancillary services.

3. Account Registration and Security

3.1 Eligibility You must be at least 18 years of age or the legal age of majority in your jurisdiction to use the Platform. By registering for an account, you represent and warrant that you meet these eligibility requirements.

3.2 Registration Process To access certain features of the Platform, you must complete the registration process by providing accurate, current, and complete information. This may include, but is not limited to, your name, email address, and other identifying information.

3.3 Account Security You are responsible for maintaining the confidentiality of your account credentials, including your password and any authentication methods. You agree to notify us immediately of any unauthorized use of your account or any other breach of security. The Platform shall not be liable for any loss or damage arising from your failure to protect your account credentials.

4. Use of the Platform

4.1 Permitted Use You may use the Platform only for lawful purposes and in accordance with these Terms. You agree to comply with all applicable laws, regulations, and guidelines in connection with your use of the Platform.

4.2 Prohibited Conduct You agree not to:

  • Engage in any fraudulent, deceptive, or unlawful activities.
  • Attempt to gain unauthorized access to any portion of the Platform, other users’ accounts, or any related systems.
  • Use the Platform in a manner that could disrupt, damage, or impair the Platform or its infrastructure.
  • Violate the rights of other users or third parties.

4.3 User Content You may submit content to the Platform, such as feedback or reviews. By submitting content, you grant us a perpetual, royalty-free, and worldwide license to use, modify, and distribute your content in connection with the Platform.

5. Lending and Borrowing

5.1 Lending Services The Platform enables users to lend Digital Assets to other users. You acknowledge that lending Digital Assets involves risks, including the risk of loss due to borrower default or market fluctuations.

5.2 Borrowing Services The Platform allows users to borrow Digital Assets from other users. You acknowledge that borrowing Digital Assets involves risks, including the risk of default and the potential requirement to repay borrowed amounts with interest.

5.3 Risk Disclosure The Platform does not guarantee the performance or return on any Digital Assets lent or borrowed. You are responsible for understanding the risks associated with lending and borrowing, including but not limited to market risks, liquidity risks, and credit risks.

6. DLMM Integration

6.1 Functionality The Platform utilizes DLMM(Dynamic Liquidity Market Maker) to facilitate leveraged DeFi transactions and enhance liquidity. DLMM allows for the creation of liquidity pools where users can provide liquidity and engage in trading activities with leverage.

6.2 Risks Using DLMM involves risks, including increased exposure to market volatility and potential losses due to the dynamic nature of liquidity pools. You acknowledge that leveraging and participation in DLMM structures may amplify both gains and losses.

7. Fees and Charges

7.1 Fee Structure The Platform may charge fees for various services, including but not limited to transaction fees, lending fees, and borrowing fees. Fees are subject to change and will be disclosed to you prior to the incurrence of any charges.

7.2 Fee Payment Fees will be deducted from your account or charged directly based on the services utilized. You are responsible for ensuring that you have sufficient funds to cover all applicable fees.

8. User Obligations

8.1 Compliance You agree to comply with all applicable laws and regulations when using the Platform. You are solely responsible for ensuring that your activities comply with any legal or regulatory requirements in your jurisdiction.

8.2 Indemnification You agree to indemnify, defend, and hold harmless Leveller and its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, or expenses arising out of or related to your use of the Platform, your violation of these Terms, or your infringement of any third-party rights.

9. Dispute Resolution

9.1 Arbitration Any disputes arising from or related to these Terms or your use of the Platform shall be resolved through binding arbitration. The arbitration will be conducted in accordance with the rules of the relevant arbitration body, and the arbitrator’s decision shall be final and binding.

9.2 Governing Law These Terms and any disputes arising from them will be governed by the laws of the jurisdiction where the Platform operates. The courts of that jurisdiction will have exclusive jurisdiction over any disputes that cannot be resolved through arbitration.

10. Limitation of Liability

10.1. Exclusion of Liability To the fullest extent permitted by law, Leveller and its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues arising from or related to your use of the Platform.

10.2. Cap on Liability In no event shall Leveller's liability exceed the total amount of fees paid by you to the Platform in the six (6) months preceding the claim, regardless of the nature of the claim.

11. Changes to Terms

Leveller reserves the right to amend these Terms at any time. Changes to the Terms will be effective upon posting on the Platform. We will make reasonable efforts to notify you of material changes, but it is your responsibility to review the Terms regularly. Your continued use of the Platform after any changes constitutes acceptance of the revised Terms.

12. Termination

Leveller reserves the right to suspend or terminate your access to the Platform at its sole discretion, with or without cause, and with or without notice. Upon termination, you must cease all use of the Platform and may be required to settle any outstanding obligations.

13. Contact Information

For any questions, concerns, or complaints regarding these Terms or the Platform, please contact us at @MiracleCashMore on X. We will make reasonable efforts to respond to your inquiries in a timely manner.