Standard Terms and Conditions for all Unifi Communications

Unifi Protocol
unifiprotocol
Published in
4 min readJan 26, 2021

V4 Revised April 2022

Standard Terms and Conditions for all Unifi Communications

These terms and conditions apply to all Unifi Protocol communications, on all platforms, publications, or any method of communication, unless otherwise specified.

  1. Unifi uses APR in reference to numbers of tokens unless otherwise specified.
  2. In the case of staking, APR calculation is a representation of the number of UNIFI earned in the past by other UNIFI token stakers.
  3. In Unifi Farms or other places, APR may be calculated based on the equivalent value when represented by the native or base token. For example, on BSC, Unifi Farms APRs are based on the equivalent value of the tokens when denominated in BNB.
  4. All APRs are a reflection of the past. APRs used are not any guarantee of future results, nor a promise that any other person or interaction would have gained the same results.
  5. Unifi does not warrant or guarantee any market or resale value of any tokens at any time. Any reference to the value of any tokens is based on data gathered from open market sale of tokens from one party to another, and not from any value imparted to the token by Unifi.
  6. All numbers used in Unifi communications may be rounded for ease of communication.
  7. No warranties or guarantees are made or implied by any Unifi communication. All examples provided in any communication are hypothetical in nature and do not ever guarantee a result. No assumptions held or made by the user, regardless of reasonableness or information sources used to draw the assumption, apply to any Unifi communication.
  8. Unifi does not represent any tokens associated with Unifi Protocol to have any financial value.
  9. All terms or information described in communications from Unifi are subject to change or revision at any time, without notice. Participants in a Unifi event or using any Unifi product, smart contract, or platform, should confirm the current information prior to use or participation.
  10. Unifi Protocol exists on multiple blockchains and each blockchain can have specific uses, rules, exceptions, or costs. Unifi does its best to keep users informed of all relevant information that may be of interest. However, the user or token holder is responsible for ensuring they have all needed information prior to using any Unifi product, smart contract, or platform on any blockchain. Users who are not absolutely sure they have all the information they need to make an informed decision should refrain from use of the Protocol.
  11. Unifi is not responsible for any actual or perceived loss associated with using Unifi Protocol, or any of its products, smart contracts, platforms, or utilities. All interactions with the Protocol are voluntary actions taken by the user at their own risk. In the event of any discrepancy or misunderstanding, decisions made by Unifi will be considered final and binding.
  12. Blockchain bridges are code based and often subject to vulnerabilities. We do not provide any warranties on the security of uBridge.
  13. Unifi does not offer refunds, compensation, or any method of seeking reimbursement for any actual or perceived loss by the user of any of its products, smart contracts, platforms, or utilities, regardless of the cause. This includes, but is not limited to, UP migration, uTrade, market value fluctuations, direct interactions with smart contracts, staking, blockchain errors (including dropped blocks, lack of consensus, downtime, or any other blockchain related problem), or downtime or lack of interoperability with use of outside products such as wallet plugins (metamask, tronlink, etc).
  14. Unifi does not capture or maintain any private key information. Unifi is not responsible for any mismanagement by the user of their private key information which might lead to loss of tokens.
  15. Unifi is non-custodial, meaning it does not collect or maintain users’ tokens. Tokens such as those in the redemption value of UP are held transparently on chain, inside a smart contract. Unifi is well above industry standard for protecting tokens that interact with its smart contracts. UP is transparently smart contract based, and not subject to the common “minting” style attacks on its liquidity provider rewards tokens. Additional information on security can be found on Unifi medium blog. Unifi can not be held responsible for any act by a malicious actor that causes any actual or perceived damage or loss to any user.
  16. Transactions on the blockchain, even if executed through the Unifi Protocol, are not reversible through any power or authority Unifi possesses. Therefore, all transactions signed and/or executed by the token holder can not be reversed by Unifi.
  17. Unifi is not responsible for ensuring token holders comply with any rule, regulation, tax, or law the token holder may be under the jurisdiction of.
    If you use any of our products and/or services, you agree that you won’t break any laws of your jurisdiction through that usage and are not located, established or registered in any of the jurisdictions that prohibit interacting with such a product or service. The token holder is advised to seek independent legal council or professional advice to confirm if they are subject to relevant rules, regulations, tax or any other legal authority. Unifi may cooperate with requests from any governing or regulatory authority, at any time, upon request, without any notification to the token holder.
  18. All Unifi promotions are subject to modifications or cancellation at any time and for any reason. Any promotion is not a guarantee or promise of future actions, it is only a statement of intent.
  19. All items in this policy are subject to revision at any time, without notice.
  20. The information in any Unifi Protocol article, or communication of any type, may be updated without notice. This is normally done to reflect the most current information or provide better clarity, but it can happen for any reason. All communicated information is subject to being superseded by future announcements.
  21. Unifi does not collect user-specific information on Protocol users, or those who interact with Unifi’s messaging. To the extent any information is collected by third party software, Unifi does not share information on users unless required under legal process. To the extent the user may choose to provide specific information (such as emailing Unifi Protocol), Unifi may share this information at its discretion, and as governed by relevant regulations.

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Unifi Protocol
unifiprotocol

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